Stock Markets Exposed
What is the cheapest per market transaction online stock trading broker?
I've got Scottrade (www.scottrade.com) which is $7. I've heard of izone (ameritrade's service www.izone.com) which is $5 with $5k minimum deposit. Are there cheaper online brokers that are legit? Thanks.
Public Comments
- It all depends how big is your transaction... Those pay-per-transactions brokers are making a killing from people that actually are not using properly: i.e they have small number of shares in every trade. You should try Interactive Brokers, but they have a per-share fee: 1$/100shares...7$/1000 shares ..etc
