Stock Brokerage Reviews

New Changes Coming To Zecco

ashivapu — Thu, 25 Feb 2010 21:12:58 +0000

While Zecco offers some of the cheapest stock trading commissions around, the relatively infant brokerage is still establishing itself, which was made evident by their recent CEO change.

Check out our full review of Zecco.

In a recent note to it’s users, Zecco announced some of the changes to expect in the coming days.

An expanded research section with streaming quotes and sophisticated analysis tools.
A free stock streaming application for continuous portfolio monitoring.
A supercharged stock screener to help find new trading opportunities.
The brokerage will also bolster their security efforts.

It is pretty obvious the the bulk of these changes were aimed at beefing up their tools and platform for the more experienced traders, which was much needed. To preview the changes (currently in BETA), visit hello.zecco.com/beta.

25% OFF Zecco GainsKeeper

Stock And Futures Investing At optionsXpress

ashivapu — Tue, 02 Feb 2010 00:07:01 +0000

Trade stocks, options, and futures all with one account at optionsXpress.

Not ready to trade your own money or want to test out new trading strategies? Open a virtual trading account and test away.

optionsXpress offers a host of tools and resources to its users. Around 40 to be more precise, including the new Xtend Beta, which is basically an all-in-one streaming trading application.optionsXpress also has advanced mobile trading applications for the iPhone, devices using Windows Mobile, Blackberry, and the Android.

Stock Brokerage Details

Commissions: Stocks $9.95 flat-rate; Options $12.95 plus 0.75 per contract

Account Minimums: none

Account Types: Futures, Mutual funds, Stocks, Equity and index options, ETFs and bonds

With stock commissions relatively high compared to other brokers, if options trading and high-end trader tools are what you are looking for, then optionsXpress is worth taking a look at.

Is optionsXpress right for you? Take our interactive quiz to find out.

MB Trading Review – Voted Best For Active Traders

100 Free Trade With OptionsHouse

ashivapu — Wed, 02 Dec 2009 04:00:09 +0000

OptionsHouse has steadily been growing under the radar. While options still come first, the flat $2.95 commissions per stock trade is awfully hard to ignore.

See our full review of OptionsHouse.

In order to the larger customer base with various trading styles OptionsHouse has developed a new, tiered pricing structure that provides customers with the flexibility to choose the rate that works best for them. Now all customers will have a low, competitive rate that will maximize the way they trade and provide them with the best overall value.

5 for $5 Option Trades

Catering to customers who generally trade less than 10 option contracts per leg, “5 for $5”, single-leg trades will be $5.00 for up to 5 contracts. The per-contract charge, for additional contracts, on this plan is $1.00. With the “5 for $5” plan customers who currently trade up to 5 contracts at OptionsHouse will see reduced pricing of 50%. Learn more.

$8.50 Option Trades

The other plan caters to the customer, who routinely trades more than 10 contracts per leg. In this plan, single-leg trades are $8.50, plus 15 cents per contract. Even with these new rates OptionsHouse continues to be a leader in the industry on low pricing for larger orders. Learn more.

100 Commission-Free Stock or Options Trade

New customers can take advantage of the free 100 trades until December 31, 2009. Learn more about OptionsHouse’s complete list of rates.

25% OFF Zecco GainsKeeper

ashivapu — Thu, 19 Nov 2009 21:17:30 +0000

One of the most annoying and tedious task involved in stock trading is transferring all your trading data for the year into tax friendly form fields. Depending on your brokerage it can definitely be a headache reading tons of printed out sheets.

See our full review of Zecco.

Zecco’s GainsKeeper is the ideal tool for monitoring capital gains and losses from your trading, and fully integrated with your Zecco account.

With GainsKeeper You Can…

Develop capital gains tax reduction strategies
Prepare your Schedule D tax form
Track your trading performance
Upload trading activity to tax preparation tools such as Turbo Tax®

For a limited time, Zecco users can save 25% and access GainsKeeper for just $24.99 for a 6 month subscription.

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Get $1000 Cash When Open Zecco Forex Account

ashivapu — Mon, 28 Sep 2009 20:32:47 +0000

For a limited time when you fund your Zecco forex account, you can get back up to $1000 cash back. You can read a full review of Zecco here.

To receive your money just do the following steps

Open an account with Zecco Forex
Make your deposit before 10/30/2009 5pm (ET)
Make the round-trip trade requirements before 11/13/2009 5pm (ET)
Collect your bonus!

A list of requirements that need to be met can be seen in the table below

Some of the perks with Zecco Forex

Award winning ForexTrader platform
Up to 200:1 leverage*
Real-time quotes in 37 currency pairs PLUS spot gold & silver
Daily and weekly forex research
24/6 support via phone, chat & email

Note: If you open a practice account first, remember to use promo code “ZECCOCASH2TRADE1″ when you open your live account.

The deal is live until October 30, 2009, so get your account funded today.

Check out a list of brokerages that offer forex trading online.

Brokerages That Offer Forex Trading Online

ashivapu — Sun, 27 Sep 2009 06:01:32 +0000

Forex trading online has quickly become one of the most common ways to invest money. Because of the ability to leverage huge margins, it allows you to make money without having to have so much of it yourself. While it is risky, it can be very rewarding with a sound forex trading system.

The fact that the market is open 24/7 doesn’t hurt as well. If you’re like most people though, you’d prefer to have all your money consolidated into the least amount of accounts.

Below is a list of stock brokerages that also offer forex trading.

Broker	Commissions (forex)	Notes
Zecco	$0*	Free $50,000 online forex trading practice account
thinkorswim	$0*	100:1 (1%) margin
MB Trading	$0.50 per 10,000 traded	Tight spreads with no markups/markdowns
Interactive Brokers	varies/cheap

* While you pay no commissions to trade forex, your only transaction cost is the dealing spread – the difference between the bid and the ask price.

SOGOTRADE Review – Low Discount Broker

ashivapu — Tue, 15 Sep 2009 06:29:14 +0000

At its best SOGOTRADE is a stripped down version of all the core resources and tools you need to properly trade stocks. There are no bells and whistles here; however, you’re rewarded with extremely cheap commissions.

Besides the cheap trade commissions, most people seem to be raving about the overall interface involved with their web service and helpful customer service. A clean organized interface helps you easily conduct trades, while minimizing the time needed.

Deals and Offers

SOGOTRADE will cover up to $100 worth of fees if you want to transfer your account to them.
Open your account with a minimum of $500 and get 30 free trades.
Open account with minimum of $2500 and get free 1 year subscription to McAfee Virus Scan.
Get 25 free trades when you refer a friend.

Stock Brokerage Details

Commissions: Stocks $3 per trade; Options $3 plus $0.70 per contract.

Account Minimums: $0 and no inactivity fees ($500 initial deposit required)

Overall, SOGOTRADE is still a brokerage that needs to grow and expand some more. The tools and resources available don’t really enhance the trading experience; however, the cheap commissions and amazing deals makes it a great option for cheap online stock trading.

Official Scottrade Review

ashivapu — Sat, 12 Sep 2009 19:59:17 +0000

When it comes to discount stock brokerages, there are usually two types… one that allows you to trade stocks plus manage other long-term investments (E*Trade, TD Ameritrade), and then those that focus more on stock trading and low commissions (TradeKing, Zecco). Scottrade fits best right in between those two categories.

A mixture of of both worlds. Combining their services and commissions you get exactly that. Not the cheapest commissions around, but lower than the “all-in-one” brokerages, and a limited amount of services, but more than “low commission focused” brokerages.

Tools, tools, and then more tools. Scottrade offers a wide variety of tools for its users to use. There is a streaming application for both options and stocks, while there is also a desktop program available for those that deposit a minimum of $25,000 into their account. Also new to the group is Scottrade’s own mobile application, so you can trade on the go. See a full list of brokerages that offer mobile trading services.

Stock Brokerage Details

Commissions: Stocks $7 per trade; Options $7 plus $1.25 per contract.

Account Minimums: $0 and no inactivity fees ($500 initial deposit required)

Overall, you really get what you pay for with Scottrade: decent commission fees along with more than enough investment options. Its not necessarily the best nor the worse, but a brokerage that can satisfy almost any type of trader.

No related posts.

E*Trade On iPhone

ashivapu — Sat, 12 Sep 2009 19:11:56 +0000

Much talk has been spread about the importance and benefits of mobile trading or being able to actively manage your brokerage account regardless of where you are.

While there are a bunch of discount stock brokerages that offer mobile trading platforms or applications, no other broker has promoted this feature as much as E*Trade and their app, E*Trade Mobile Pro.

Check out the full review of the E*Trade.

E*Trade’s mobile trading is available for both iPhone and BlackBerry users. Don’t have one of those? Don’t worry… new users are eligible for a free BlackBerry Bold upon account sign up.

Features of E*Trade Mobile Pro:

Streaming real-time quotes
Easy stock and options trading
Live watch lists and portfolios
Quick cash transfers

Get $500 Cash From E*Trade With A 401k Rollover Offer

Best Brokerages For Mutual Funds

ashivapu — Thu, 10 Sep 2009 06:23:10 +0000

While many people usually think of brokerages as a medium to buy and sell stocks, most people forget that they also offer a way for users to access mutual funds for long-term or retirement accounts.

If you are unfamiliar with mutual funds, the types that are available, and what they do, then take a second to learn about it.

Because mutual funds are traditionally meant to be held for longer than stocks and an investment company usually manages them, commissions tend to be more than a regular stock or option trader; however, if you are in for the long-term than it makes sense for these prices.

Before we take a look at the list, here are couple things to keep in mind before choosing the right brokerage for your mutual fund investing:

Does your bank offer investment services? With normal stock trading, most banks that offer related services tend to have non-competitive commissions, but many banks actually offer good deals on investing with mutual funds. Many times requiring you to pay no fees at all. Check to see if your bank offers such services.

Does the brokerage in question have access to the fund in question? While many funds are easily accessible, unfortunately there are times when you can’t invest in a mutual fund due the your particular broker. A good way to check is to do a quick symbol query through the site’s ticker search. Odds are if its there, then you can invest in it with them.

A list of the best brokerages for mutual funds.

Broker	Mutual Fund Commissions
TD Ameritrade	$50 to buy, sell, or exchange
E*Trade	$20 to buy or sell; $40 to exchange
Fidelity	$75 to buy or exchange; $0 to sell
Firstrade	$0 to buy, sell, or trade
Schwab	$50 to trade loaded funds
Vangaurd	$35 to buy, sell or exchange
Scottrade	$17 to buy, sell, or exchange
T. Rowe Price	$35 to buy or sell
Bank of America	$0 to buy, sell, or trade

Discount Stock Brokerages That Offer Mobile Trading Apps