Online Stock Trading nowadays becoming the most popular way to trade stocks. We do not need to call a broker and pay high commissions to buy or sell a stock. People anywhere in the world can buy US stock. We can use the internet to read the stock news, look at stocks chart, and buy stocks. There are many online brokers, like E Trade, Scottrade, Ameritrade, and Schwab. Choosing your stock broker is an important task before you invest in stock. Choosing the wrong broker can lower your return or even wipe out your returns because of their commission. Besides commission, there are also other important things to consider, like their service.You should choose your stock broker based on your condition, like how much money do you have, what kind of instrument do you want to play with, how frequent do you trade, and how much help do you need. Buy looking at those condition you should be able to choose your stock broker. If you do not need help, don’t go with the broker which charge high commission but with good market research and excellent advice. If you need a lot of advice and lots of money, choose the broker who has full service like market research, advice, and rumors.
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Wednesday, November 21, 2007
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