| If you have recently started dabbling in stock trading | | | | this with TradeKing that charges $4.95 per stocks |
| online, buying and selling stocks online may appear to | | | | and options trade. Similarly if you need help from |
| you a daunting task. Now, this may sound a bit | | | | your online broker in the shape of questions or |
| surprising to you to know that buying and selling | | | | foreign markets, TradeKing charges $4.95 per trade |
| stocks online can be done with the click of a mouse. | | | | while there are companies that charge as high as |
| It is as simple as that | | | | $57.99 per trade for the same live help. |
| Wealth of information is now available online that can | | | | So choosing the right online stock broker with which |
| help a new retail stock investor to take control of | | | | you are comfortable doing business is of critical |
| their portfolios. However, one of the most important | | | | importance in your stock trading success. Choose an |
| thing before you buy and sell stocks is to consider | | | | online stock broker that charges too high a |
| the trading costs. Trading cost is incurred in the | | | | commission and your trading costs will add up over |
| shape of commissions that an online stock broker | | | | time. What this means is that your return should be |
| charges per trade. | | | | higher than your trading cost just in order to break |
| So your first step in online stock investing should be | | | | even. |
| to choose an online broker to handle your trading | | | | When you have made your decisions and chosen a |
| account. There are many. T D Ameritrade, | | | | discount brokerage with which you feel that you will |
| ThinkorSwim, TradeKing, Scottrade, E*Trade, Charles | | | | be comfortable doing business, these brokers offer |
| Schwab just to name a few. | | | | you instructions, tutorials, research tools, educational |
| Now, your first priority should be what broker best | | | | videos and more once you sign up with one. This will |
| matches your needs. This is critical. If you are thinking | | | | make the transition much easier for you. |
| of making many trades than the commission charged | | | | Funding your trading account with a discount |
| per trade should be an important consideration in | | | | brokerage once you have signed up with one is easy. |
| choosing your online stock broker. | | | | You can mail the check or wire the money. The |
| For example, Scottrade, E*Trade and a few others | | | | online stock broker will walk you step by step |
| online stock brokers charge as much as $14.95 for | | | | through the process and before long you will be |
| stocks and $19.50 per trade for options. Compare | | | | ready to make your first trade. |