Stock Brokerage Reviews » td ameritrade

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

Discount Stock Brokerages That Offer Mobile Trading Apps

ashivapu — Thu, 10 Sep 2009 04:47:31 +0000

In today’s market, its not enough to just have tools to trade from your computer, now many people require some sort of application or program that will allow them to trade stocks from their mobile device such as an iPhone or BlackBerry.

While there are a bunch of financial related apps to do things like stock research and tracking on mobile devices… being able to actually connect with your brokerage account and execute orders can prove to be a very powerful and profitable endeavor.

A list of brokerages that offer mobile trading applications.

Note: Apps can be found and downloaded through the actual phone, iTunes, or individual brokerage site.

Broker	Commissions (stocks/options)	Acct. Minimum	Best For
TD Ameritrade	$9.99 / $9.99+.75 per contract	$0	New, Long-term
thinkorswim	$9.95/stock trade (5000 shares max) or $.015/share (500 min)	$500	Everybody
E*Trade	$12.99/$12.99+.75 per contract.	$0	New, Long-term
Scottrade	$7/$7+1.25 per contract.	$500	Everybody
OptionsHouse	$2.95/$8.50+0.15 per contract.	$1000	Everybody

Why would you want to mobile trade?

With mobile trading apps you can trade from work, in traffic, at the auto shop, while getting a haircut, during school, and virtually anywhere by just using your phone. Basically it makes it possible to actively trade without needing to be by an actual computer all day.

Learn more about mobile trading.

Best Stock Brokerage For New Traders

ashivapu — Tue, 18 Aug 2009 17:01:59 +0000

If you are new to trading, then trying to find the perfect stock brokerage can be hard to do. Honestly, there is no such thing as the perfect brokerage, so the key is to find something that meets most of your needs and remember that at any time you can easily close your account and move elsewhere.

The one constant in trading the financial markets is that you need a brokerage to do it. Whether you buy long, day trade, or short, you need a stock brokerage to do it. Usually the hardest move to start trading stocks, is to open an account.

Which brokerage has what I need? Is the price structuring fair? Does it have the tools needed to help facilitate my trading as well as any growth? The answer to these questions is what ultimately determine if a stock brokerage is good for you or not.

The brokerages in the list below all have low account minimums, great tools and support, and the ability to grow with you.

The following is a chart of the best online discount stock brokerages for new stock traders.

Broker	Commissions (stocks/options)	Acct. Minimum	Best For
TradeKing	$4.95 / $4.95+.65 per contract	$0	Everybody
Zecco	$4.95 / $4.95+.50 per contract	$0	Everybody
TD Ameritrade	$9.99 / $9.99+.75 per contract	$0	New, Long-term
OptionsHouse	$2.95 / $9.95	$1000	Everybody
thinkorswim	$9.95/stock trade (5000 shares max) or $.015/share (500 min)	$500	Everybody
E*Trade	$12.99/$12.99+.75 per contract.	$0	New, Long-term
Scottrade	$7/$7+1.25 per contract.	$500	Everybody

Check out a complete list of our stock brokerage reviews.

Looking to enter the stock market, but don’t know how? Check out our FREE eBook, Guide To Entering the Stock Market.

TD Ameritrade Review – No Hidden Fees

ashivapu — Thu, 13 Aug 2009 07:07:43 +0000

Unlike OptionsHouse, you will be hard-pressed to find somebody that does not know about TD Ameritrade. By far, one of the most popular online discount stock brokerages, TD Ameritrade has gotten the rap for being the “conservative” place to start investing with.

Along with E*Trade, TD Ameritrade is known for their “one-stop shop” mentality. The tools and resources available to members are far and away more bountiful than most other discount brokerages.

Tired of scanning? TD Ameritrade boasts a new pattern matcher that will compare stocks with textbook trading pattern in just a matter of seconds. On top of that, members have access to extremely detailed oriented platforms that are both streaming and PC based.

TD Ameritrade also works hard to align themselves with third party developers to create even more solutions. Thanks to their open API system, there are plenty of mobile stock trading applications that will allow you to access your TD Ameritrade account from anywhere and anytime.

If you are looking for educational support, TD Ameritrade also hosts several night classes that allow you to learn about different trading strategies all from the comfort of your home and at no extra cost.

Stock Brokerage Details

Commissions: Stocks $9.99 per trade; Options $9.99 +.75 per contract

Account Minimums: $0

Account Types: Individual , Corporate, Roth IRAs, Sep IRAs, Traditional IRAs, Joint , UTMA/UGMA , Trusts, Partnerships, Investment Clubs, and Educational IRAs.

Overall, TD Ameritrade offers a wide-variety of solutions that will allow you to maintain full control of your investments from one account, if you choose to do so. On the other hand, more experienced traders may prefer cheaper commissions somewhere else over the extra bells and whistles provided by TD Ameritrade.

With constant promotions in rotation, there is never a better time to sign up for a TD Ameritrade account.

TradeKing Review – Fair And Simple Pricing