Online Brokers
I know a thing or two about trading online. Yeah, I traded away a huge nest egg before finally learning how to really invest.
I have pretty good relationships now with a number of online brokers. Choosing the right broker can make all the difference. Really. From trade execution to margin rates, your broker can impact your bottom line. I’ll look at the best options broker as well as the best place to start a Roth IRA.
Best Online Brokers For Stock Trading
Broker 1 Trade Cost Min. Deposit Rating Link
| #1 —>Zecco | $0 | $0 | ***** | Sign Up |
| TradeKing | $4.95 | **** | ||
| OptionsXpress | $9.95 | **** | ||
| Sharebuilder | $4 | *** | ||
| First Trade | ||||
| Foliofn | ||||
| Siebert | ||||
| SogoTrade | ||||
| Think or Swim | ||||
| TD Ameritrade | ||||
| Interactive Brokers | ||||
| WallStreete | ||||
| Scottrade |
Best Options Broker
I used to do quite a bit of options trading back in my day trading days. Hand’s down you cannot beat OptionsXpress for trading options. Puts, Calls, writing, straddles, strangles, whatever options strategy you can think of, they are the best options broker.
Video of My #1 Broker: Zecco
You can sign up in about 5 minutes for an account at Zecco.
Best IRA (Roth & Traditional) Broker
For my Roth IRA I’m also going with Zecco.
Best Day Trading Brokers
If you are a day trader, check out my article on the best day trading brokers. Also see my favorite penny stock broker.
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