Top stock trading sites

Online stock trading sites offer investors accessScottrade
to a variety of tools and research that just a fewScottrade’s claim to fame is superior
years ago were only available through full servicecustomer satisfaction as noted in J.D Power and
brokerage accounts.Associates survey of online brokers. Commissions
There are many online stock trading sites toare on the low side and transactions are
choose from, but narrowing down the field mayprocessed quickly.
seem time consuming and overwhelming.TD Ameritrade
Here are thirteen of the top-rated online stockTD Ameritrade is another brokerage that is the
trading sites that continually show up on justresult of mergers (Ameritrade was one of the
about every list of the best.merged companies and it has been around for a
Ultimately, your choice is a personal one based onnumber of years). The company has a large
a number of factors and how you rank them inselection of mutual funds and is noted for its
importance.responsiveness to customer inquiries.
Not every online stock trading site on this list willThinkorswim
work for you because some are stronger in oneThis is a newcomer to the online stock trading
area, while weaker in another.scene, but worth checking out if you’re
All of these sites encourage you to browseinterested in something different. The site is not
through their pages, although some parts will belike any of the others, but Barron’s
off limits unless you have an account.gives it extremely high marks, so despite its
Here are online stock trading sites you shouldquirkiness, there’s plenty of substance.
consider:TradeKing
Charles SchwabTradeKing is the online stock trading site to
Schwab is the granddaddy of discount brokeragecheckout for low cost trading. This is their thing
and is carrying this tradition to its online offering -and SmartMoney.com, Barron’s and
although it is looking more like a traditionalKiplinger all agree. If you are looking for the best
brokerage all the time.prices on trades, this is the place to start.
It offers its own research and clients can workVanguard
with an investment advisor or Schwab willVanguard made a name for itself at the low-cost
manage their account for them.leader in mutual funds. Vanguard is a solid
E*Tradecompany that excels in providing value to their
E*Trade gets high marks for its range ofcustomers and in consolidating investments in a
offerings including banking and mutual funds. Thebrokerage account.
company has absorbed several other brokerageWallStreet*E
firms and is now a significant player in the onlineWallStreet*E combines low commissions with a
stock trading market. Like its competitors, activebroad range of web-based services to appeal to
traders get lower rates on their trades.investors who want an integrated approach to
Fidelityinvesting and banking. The company offers a
Fidelity shows up at the top or near the top ofvariety of online banking products and other
almost every ranking of online stock tradingservices that will appeal to those who want to
brokers. They are not the least expensive, butsee their whole financial picture.
top most lists in customer satisfaction. Fidelity isWells Fargo
known for its research and investors can talk toThe financial services powerhouse Wells Fargo has
advisors face-to-face at one of the many Fidelityan online stock trading site that fits it image of
investment centers.comprehensive services. You are offered five
Firstradedifferent levels of accounts depending on whether
One of the advantages of a brokerage account isyou want a strictly independent trading account or
consolidating your investment activity in onea version of their managed accounts. Investors
account cutting down paperwork. Firstrade toppedlooking for a single place to find all their financial
a survey by Kiplinger as the online stock tradingservices will find Wells Fargo a good place to start.
broker offering the most no-load mutual funds
without a transaction fee.Conclusion
Muriel SiebertOnline stock trading sites offer investors a wide
Muriel Siebert may not have the marketingrange of tools, research and services.
muscle of other online stock trading sites but it isFinding the right one for your style of investing
a solid brokerage house worth your look. Theand that meets your needs is a matter of visiting
company receives high marks for customerthe sites to get a feel for the interface.
service and research. The fee structure isPay attention to the fee structure and how it
straightforward and easy to understand.works with your trading style. If you are an
OptionsXpressinfrequent trader, look for maintenance or
Despite its name, this online stock trading siteinactivity fees.
offers accounts that trade just about any typeIf you want advice, see how that affects your
of security you want including options, stocks,trading costs.
mutual funds, exchange traded funds, futures andMany of these sites will let you open a demo
more. This site is easy to use and gets to theaccount, which will give you an idea how the real
point. Not the cheapest, but tops in functionality.thing works.