Best Online Stock Brokers For Cheap Stock Trades
1. TradeKing offers $4.95 per stock trade regardless of the size of your account balance.
2. OptionsHouse has very affordable commissions, only $2.95 per stock trade.
3. Zecco is one of those online brokerages which offers free trades for those who open an account with a minimum of $25,000 or who trade fairly actively.
4. Scottrade charges $7 per stock trade online, but will charge more for phone and broker assisted trades.
5. E*Trade isn’t the cheapest broker, relative to the others we’ve listed here, with rates ranging from $7.99 to $12.99 per trade (depending on your trading frequency), but they’re still pretty affordable.
6. tradeMonster has entered the trading market as a fairly new online brokerage with roots in the options world.