Author Topic: HOW TO FIND THE BEST ONLINE STOCK BROKER (Read 41583 times)

Prince · « **on:** March 23, 2009, 09:02:09 PM »

Online Stock Broker

Online brokers have an important role to play when you open an online trading account. Each broker can offer different services and features. You must research all the online brokers to find the best broker to meet your needs.

What to look for in an online broker.

Brokerage rates ? this is the rate at which you are charged for buying or selling through your online account. These rates are usually charged based on a sliding scale. The more units you purchase in a single transaction, the less the "cost per unit" you will pay. The exact sliding scale can vary and may sometimes be negotiable for larger purchases. Compare each broker and read the fine print within contracts. Pick the one that best meets your buying and selling style.

Account fees ? Look for hidden fees in account contracts within the terms and conditions. I know of one broker who requires an extra $10 to transfer money out of an account "quickly" as against withdrawing money normally. Hardly a fair fee, I?d say. All fees should be listed in the terms and conditions listed in opening an account.

Phone access ? Online services can go down during hours of service. Interruptions to broadband services, power outages and computer problems can stop you from accessing information you need at critical points. This is why you must have phone access to your online broker. Do not even consider using an online broker if they do not provide phone access.

Access to your money ? I prefer having instant access to my money even though it is held in a cash account by the broker. Most brokers will have a cash account facility that is linked to your trading account. My account is linked to a MasterCard account, which means I can access that money anytime through any ATM or make purchases as I would normally using a MasterCard. Don?t be misled into thinking you must only have a separate cash holding account with the online broker. There are lots of options open to you as a client and good online brokers will provide several options for your cash holding account.

Extra benefits ? seek out those brokers that give you extra incentives to open an account with them. Some offer a limited free brokerage period. Others will offer free reports on the markets you are interested in. These bonus offers can help you getting you account established and setup a profitable trading account. For more information on finding the best online stock broker feel free to visit our website.

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Nigerian Best Forum . NBF · « **on:** March 23, 2009, 09:02:09 PM »

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solo · « **Reply #1 on:** March 24, 2009, 12:01:55 AM »

thanks for the info.

Prince · « **Reply #2 on:** March 24, 2009, 07:44:50 AM »

You're welcome.

solo · « **Reply #3 on:** March 25, 2009, 09:44:13 PM »

that is it...............
long live NBF.

oyebade2002 · « **Reply #4 on:** April 28, 2009, 08:24:17 AM »

Thanks for this invaluable info, please i want to have an idea of how much one can have to start this online stock trading with, please i will also like you to give me the site where i can easily get online stockbrikers. how much does it cost to procure a mastercard and what are the requirements. I will be waiting to get your reply.

Prince · « **Reply #5 on:** April 28, 2009, 03:55:53 PM »

Quote from: oyebade2002 on April 28, 2009, 08:24:17 AM

how much does it cost to procure a mastercard and what are the requirements.

Talk to your bank for a maste rcard.

solo · « **Reply #6 on:** May 09, 2009, 11:07:35 AM »

Quote from: oyebade2002 on April 28, 2009, 08:24:17 AM

Thanks for this invaluable info, please i want to have an idea of how much one can have to start this online stock trading with, please i will also like you to give me the site where i can easily get online stockbrikers. how much does it cost to procure a mastercard and what are the requirements. I will be waiting to get your reply.

do as prince told you

JaymesMarijus · « **Reply #7 on:** August 24, 2009, 12:46:53 PM »

scottrade. com is the cheapest/best online stock broker.
regards
online discount brokers

STConcept · « **Reply #8 on:** September 01, 2009, 11:22:47 AM »

I my own opinion i think sogotrade. com is better than scottrade. com for the following reason
1. ) their commission is $3 per trade
2. ) very fast platform
3. ) instant execution of trade
4. ) Good customer service and high level of security

Mikhail Tegin · « **Reply #9 on:** September 15, 2009, 07:30:40 AM »

good day, dear traders!
if i may, i'd like to contribute a few words to the topic: first I'd like to say thet this is not a commercial, it's just for you to know that nowadays many foriegn brokers try to broaden the scope of the territory and the clients, offer some new interesting services etc. . . if anybody\is interested, i'll be there for to you discuss the particulars =)

DelleYork · « **Reply #10 on:** November 11, 2009, 05:02:44 PM »

Greetings from Abuja!

Ive been doing some search with regards to online forex trading since im looking to get started in that market, especially since allafrica. com just posted that the first bank of nigeria is planning a HUGE merger. I came across tradeviewforex. com and it turns out they've been doing business in and with Nigerians for a while now, so let me know what you guys think! However, im still a little hesitant about starting business with them, any other places you guys know of??

Prince · « **Reply #11 on:** November 11, 2009, 09:53:46 PM »

Don't forget that forex is a win and lose game and not a win win game.

kelykelly · « **Reply #12 on:** November 11, 2009, 10:03:20 PM »

prince,your info is exactly what i need right now. pleez,who is your online broker as i can't find one that is accepting nigerians like zecco and td ameritrade. thanks.

DelleYork · « **Reply #13 on:** November 11, 2009, 10:15:49 PM »

Quote

Don't forget that forex is a win and lose game and not a win win game.

Yeah i know. Thats why im so hesitant about it. I want to start right away, but i dont know where to begin, and im afraid if i jump in without doing some research, ill drown in the deep waters that is online Forex trading.

-Danielle

Prince · « **Reply #14 on:** November 11, 2009, 11:12:54 PM »

I rather give the money to beggers that invest it in forex.

genie · « **Reply #15 on:** November 12, 2009, 02:52:06 AM »

Great info

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rbn · « **Reply #17 on:** November 19, 2009, 04:00:37 PM »

Prince, thanks for the info. I also know of a website www. leekweed. com where one can make predictions on the stock market and win money.

abalicious85 · « **Reply #18 on:** November 20, 2009, 04:18:27 PM »

Quote

I rather give the money to beggers that invest it in forex.

well i dont know about that one prince. When you give money to beggers, you'll be feeding the bears, and in doing so, losing over and over again. With Forex trading, you might win some, lose some, but more than anything you have indicators to profitably play the game. Online currency exchance is profitable as long as you know what you're doing.

-Abalicious85
www. cfd. tradeviewforex. com

solo · « **Reply #19 on:** November 20, 2009, 04:36:19 PM »

hmmmmmm!

abalicious85 · « **Reply #20 on:** November 25, 2009, 06:05:40 PM »

anybody having any luck with forex trading? Let me know!!

-Abalicious85
www. cfd. tradeviewforex. com

chidi_nwaogu · « **Reply #21 on:** November 30, 2009, 01:29:44 PM »

Thanks 4 d infor. really impressed.

abalicious85 · « **Reply #22 on:** November 30, 2009, 10:33:38 PM »

No problem!

If you have any questions, let me know, and ill be more than happy to answer them for you! Best of luck and happy hunting!!

-Abalicious85
www. cfd. tradeviewforex. com

chidi_nwaogu · « **Reply #23 on:** December 02, 2009, 10:13:33 AM »

Youi said "Online brokers have an important role to play when you open an online trading account. Each broker can offer different services and features. You must research all the online brokers to find the best broker to meet your needs. " How is that possible?

abalicious85 · « **Reply #24 on:** December 02, 2009, 10:53:54 PM »

Quote

Youi said "Online brokers have an important role to play when you open an online trading account. Each broker can offer different services and features. You must research all the online brokers to find the best broker to meet your needs. " How is that possible?

How is that possible? All you gotta do is get on line and look up forex brokers.

Something else i recommend is opening up a free forex demo account and start tradingwith fake money, so that you understand the ins and outs of the company.

-Abalicious85
www. cfd. tradeviewforex. com

Nigerian Best Forum . NBF · « **Reply #24 on:** December 02, 2009, 10:53:54 PM »

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Author Topic: HOW TO FIND THE BEST ONLINE STOCK BROKER (Read 41583 times)

Nigerian Best Forum . NBF

Nigerian Best Forum . NBF