Stock Markets Exposed

What is the best online stock broker for a small time investor looking to invest $3,000 or less?

Brand new investor just trying to find out which online broker is best for a small time investor like me? I don't have much to start out with and I'm looking for a broker with small fees and no minimum balance.

Public Comments

1. There are several. I like Scottrade, just $7 per trade but limited advice. Still they are cheap.
2. As general rule the very low priced brokers are not "user friendly" to newbies. For the newbie I suggest; Charles Schwab Fidelity Brokerage If you have no investments now..... I'd suggest only investing in a well diversified mutual fund or ETF. Don't try to invest in penny stocks or small cap stocks looking for a quick hit/winner. Read as much as you can. There is a direct relationship between knowledge of investing and success. Investing is not gambling. Investing is not playing a hunch. Investing is not putting all your money in one stock because you heard it was going up.
3. my advice go for mutual funds i dont think as a broker theres is a minimum limit to invest one is always welcome to open up an account to trade but 3000 is too little to play with the market cause there will be too many stocks too choose and u'll tend to be greedy and start to punt on the stocks and this is where people alwiz make the mistakes anyways good luck
4. I would recommend currency. The reason that some predict that Mark Vincellete will be on the cover of Time magazine is because of his brilliant strategy he developed for the Forex market. He is revolutionizing investing for the average investor. Making huge amounts of money and retiring young is not just for hedge fund managers. Investors who follow this program have been making unheard of returns. Due to compliance issues I cannot reveal the returns on investment but when you demo the program you will see for yourself. Once you see the power of the program you will confidentially tell everyone you know about it. That is why the company is growing 40% a month with no advertising. This is a Forex hedge strategy that reduces the risk in the market and anyone can do it because of its simplicity. It takes about 10-20 minutes a week if that. You can follow the strategy with play money until you see how it works and are comfortable with investing. Don’t take me word for it though. Try it out for free. Watch the video presentation on the site below. It will explain everything through the video. www.demofreedomrocks.com. Take care RULE OF 72 5000 @ 12% a month = 1.6 million in 4 years. 19 million in 6 years.