How Many Stock Brokerage Houses are Available Today

By Danny Jamerson

Spending years on the trading floor gave me an advantage to know how are the real players out there. With so many stock brokers, it's hard for the average person to figure out which is the best but you are in luck because I'm here.

Zecco is ultra cheap but it's one of the worst stock brokers out there. At the beginning, they were advertising free stock trades. Then, they changed it to 10 trades per month only. Afterward, they switched it to 10 trades per month only if you have $25,000 in your account. What gives?

OptionsHouse's pricing is only $2.95 per trade. Yup. Less than three dollars. I know. It's cheap, and their competitors know this. It will be interesting to see how everyone else response once the word is out.

TradeKing, while not the lowest price broker anymore, is still very good. It keeps winning awards like the Smart Money best discount broker award and others, all while maintaining their good pricing and awesome customer service.

OptionsXpress trouts itself as the best options broker and it certainly has great options trading tools. Price wise, it's not the cheapest but if you are looking for good education and great trading tools, look no further.

Scottrade has many loyal followings but it's not doing enough to attract new customers, or at least the younger crowd. $7 is cheap if you are talking about ten years ago but it's not cheap anymore.

TD Ameritrade really needs to update their interface, as well as lower their pricing. The price is high, not to mention that the website have been known to be down under heavy use.

Etrade offers one of the best overall stock broker experience out there today. With its amazing array of features as well as a banking division, there are lots of flexibility with this firm. - 23226

About the Author:

If we can educate ourselves in investment terms, we would be able to learn more. Investing School is where I write and I help you with that.