Cheapest Stock Trading Platforms
If you are a beginner to online trading and you are looking at opening a brokerage account you might want to compare online stock trading platforms. To find the best site to trade stocks you’ll want to look for stock trading websites with no minimum and there are some that offer new users to trade stocks free for a certain amount of trades or specific time-frame.
Another way to find the best places to buy stocks is too look for deep discount brokers that have a great mobile stock trading platform so you can trade from wherever you are in the world, easily. If you are a more advanced trader you might be looking for online options brokers.
The internet is full of review sites and one unbiased investment account comparison site is: http://online-stock-trading-review.toptenreviews.com/
They look at where to trade stocks, options, etf’s, mutual funds, bonds, forex, future and even international stocktrading exchanges.
If you are a beginner you may want to find a platform that you are comfortable with that has a paper trading feature. This way you can trade in real time with the markets but you will be using fake money in your account. This is a great way to learn what you are doing before you put real money on the line.
Once you start really getting in to trading you might want to trade with leverage via a margin account. This is where your brokerage account allows you to borrow money at competitive rates to purchase stocks and options.
Another option you may opt for is auto-trading. This is where you either setup your own investment strategies that can be automatically triggered if the market hits your parameters. Or you can allow a 3rd party to trade your account for you.
If you are an advanced options trader then you might want to look for a brokerage company that will allow for complex options strategies.