Stock Markets Exposed

Best stock trading site to use with a starting balance of 20k?

I will probably only make a few trades per year. l might not make any trades for a long time after I buy my initial stocks. I like the buy and hold stategy. Also I would like to earn interest on my account while it is not invested.

Public Comments

1. I liked share builder. That site was not half bad, I am sure there might be better websites, but they handled my money and trades well. I was a former account holder of that site and are not linked to them in anyway. I am just saying they might be worth checking out.
2. I'd use Scottrade. No fees and $7 market or limit orders. I am a buy and hold investor as well. You will earn a pittance on funds in the account. However, with Scottrade you can be linked to a checking account or such so you could hold a sum elsewhere and have it go within a couple of days at worst into your Scottrade account. You should also be able to wire transfer into the account if you just have to buy that day or the next.
3. I use TD Ameritrade. It's pretty good. $9.99 per trade.
4. Go with a discount online trading, you will save money on trades, take this time to learn as much as you can , read artcles, track people recommendations ect.. you should check out www.thewallstreethunter.com they have great articles for newbies and have a really good track record for picking stocks.. Good luck.