| What is the most important feature when searching | | | | well as happy clients. Low fees does not mean that |
| for top discount brokerage firms? It used to be | | | | services are cut either. Some of the top brokerage |
| price, and to an extent, that's still true. why pay over | | | | companies who also have low fees also have top |
| $10 if you can get a commission under $5? You'll | | | | rated customer service, meaning you get someone |
| save half the fees you would have paid at another | | | | right away on the phone, when you need it during |
| firm. For frequent traders, the fees add up. There | | | | trading hours. In addition, many of these broker |
| are also the matter of stock option fees. When | | | | know that the more you learn about a variety of |
| you're trading stock options, you'll pay the base | | | | investment vehicle, such as options, the more you will |
| commission fee, but also a fee per contract. Why | | | | take advantage of them for your portfolio. As a |
| pay a dollar per contract or more, when you can pay | | | | result, they offer quality educational resources such |
| fees that are 30% less than that? Remember, you'll | | | | as online courses, expert blogs, and trading group |
| pay these fees both when you buy and sell, the | | | | discussions. |
| costs will add up, and reduce the amount of your | | | | If you're looking for a brokerage firm, or if you're |
| returns accordingly. | | | | paying too much at the firm you use currently, you |
| The reason fees are still relatively high at some | | | | may want to start comparing features of a few |
| brokers is mainly due to advertising costs, so you | | | | other firms. Take note of the companies who focus |
| may want to avoid brokers who have a heavy | | | | on customer service, and also provide tools to assist |
| presence on financial television shows. Quality brokers | | | | you with trading stock options, while keeping your |
| do not need to advertise to attract customers. They | | | | overall costs low. |
| have top ratings from major financial publications, as | | | | |