What are the best providers for opening a brokerage account and making transactions online?
I live in a foreign country so all my transactions need to be online but some of the fees that providers charge seem excessive. I am wondering about others' experiences and reccomendations for such accounts... and is it better to do it through a brokerage firm, a bank or another provider?
Public Comments
- Fees for what? Are you planning to trade stocks and options, etc.? If so, then obviously you have to use a brokerage. Most of them are very competitive in pricing - the difference is in the amount and quality of research that they provide. This site will provide you with some idea. http://www.fool.com/investing/brokers/index.aspx?source=ifltnvsnv0000001
- This info will help you! There are lots of things you need!!!! 401k-online.net/discount-brokerage.html
- We must assume you are domiciled in a country that has been approved for trading securities in the US. Nearly all the major brokerage firms offer on-line capabilities for their clients. Firms like Schwab; Scottrade; enjoy well earned good reputations for being discount firms and offering full on-line services. Most mutual fund companies offer on-line services for their clients. Vanguard has the reputation of being the fund company with the lowest fee structure. Fidelity is a mutual firm company that offers full security products and has a decling fee structure based on account value or activity. Many banks have brokerage operations that provide on-line services but banks are run with a "bank mentality" it would be best for you to go with a brokerage firm.. However if you live in Central or South America, Citicorp (Citigroup) has a brokerage operation that is managed and run like a regular brokerage firm. You should shop around a little by looking at the website of Schwab Scottrade, Fidelity and/or Vanguard Good luck on your searches
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