Stock Markets Exposed

How do I invest in a stock with a low cost online broker?

Please tell me how much a month/per trade and how to get started. Thanks! Yes also please give me tips I might find useful in starting to invest. I have Ben doing research and any tips would be appreciated. Thanks.

Public Comments

1. try ShareBuilder.com. they dont charge a monthly fee. and only $4 a trade.
2. I would try sharebuilder if your just starting. They are very cheap and its very easy to set up your account, i dont think that you need any help.
3. tradeking is only 4.95 versus sharebuilders 9.95 per trade. I was thinking of switching to tradeking next week.
4. Don't pick an on-line broker stictly on cost. Schwab & Fidelity (the most costly @ around $10 - $12 per trade) have the best services & assistance for the new trader than most any other discount, on-line brokers. I used Schwab for 30 years. I loved them. I don't use them anymore because I don't invest anymore... I trade. My broker (now) is ThinkOrSwim. But, I keep my mother, brother and some other relatives at Schwab.
5. i just recently opened an account on sharebuilder and i like it so far for the most part, its easy to use and there are promo codes you can find on the internet to get a $50 bonus. i was surprised at how quickly my first trade executed. the one thing i dont like is that you dont give you many resources unless you pay a monthly fee, so im tempted to switch to scott trade
6. Every major brokerage firm offers on-line services, so you can pick some of the biggest firms in the industry or you can pick some of the more popular Charles Schwab; Scottrade; E-Trade; Fidelityl and TDAmeritrade all have well earned reputations. Each firms has difference schedules, and the schedules are based on the size of the account, the volume of your trading activity, and the type of securities traded. Judging by your question, I believe you better education about the market and buying & selling stocks. A "low cost online broker" should be one of the last things you should be looking for. Try educating yourself first, before you hurt yourself,
7. It's no secret that certain momentum stocks bring the possibility of gaining beyond 50% on the same week. Some may only rise 10% in a few minutes, which means that you could make up to a cool $500 on a $5000 investment on the same day. The problem is that if you don't know how to find those stocks and handle them while limiting your risk, you won't even get close to making a few dollars. Fortunately some sites on the web can help you with effective and proven stock trading strategies. One of those sites that can show You how to take advantage of hot stocks using simple to understand and apply stock trading strategies is http://www.MomentumStockPick.com Learn how take advantage of the stock market this season by picking among the best hot stocks.
8. Open a brokerage account at Zecco.
9. Here is available great stock brokers comparison page and calculator http://www.stockbrokersnet.com/?pID=3
10. Your real cost should be between $5 and $10 per trade up to 2000 shares. If a broker can offer you a better price it is because they are receiving some sort of kick back (paid for order flow) from someone. This means you will generally not get the best price on your fill. www.forbes.com does a great analysis each year ranking the best/cheapest/best service... brokers. You should start there and then chose a broker that will have the services you will eventually need in your trading. You do not want to go through the trouble of changing to a better brokerage firm later on so start with the broker you will eventually need. Hope that helps. Mike Coval