Stock Brokerage Reviews » thinkorswim

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.

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.

thinkorswim – Revolutionary Online Trading

ashivapu — Fri, 14 Aug 2009 03:00:28 +0000

It is not often that an online stock brokerage is known most for their trading platform, but that is indeed what make thinkorswim such a popular choice. Now part of TD Ameritrade, you get the comfort of stability with mind-blowing platforms.

What makes thinkorswim so unusual is their ability to impress both novice and experienced traders. With free webinars and classes, thinkorswim seems to be breeding their own type of trader. There is also a mobile trading application, so you can access your thinkorswim account on the road.

Promotions. Maybe part of the reason so many like thinkorswim is their constant promotions: every new TOS member gets a free stuffed monkey, executing 40 trades in month will get them to pay for your internet, and 3 complimentary mutual fund trades per month.

No start up or hidden fees. There are no start up or inactivity fees. You can even take a test drive of their popular trading platform before becoming an actual registered member. Also, as a registered member, you will get $50 for every person you refer to thinkorswim.

Stock Brokerage Details

Commissions: Stocks $0.015 per share ($5 min) $9.95 per trade; Options the lesser of $2.95 per contract or $1.50 per contract plus $9.95

Account Minimums: $500

Don’t Like Your Current Broker: thinkorswim will reimburse any transfer fees up to $100.

Overall, thinkorswim’s trading platforms and applications make it a prime stock brokerage for both the novice and experience trader; however, more active traders might consider another brokerage for cheaper commissions.

Get access to the award winning trading applications by signing up for an account at thinkorswim.