Which online stock broker is first choice? - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

asim99 · #1 02-21-2010, 07:19 PM

Hi friends, can you guys suggest me that which online stock brokerage firm I should choose. Currently I am thinking one of the following two

1- Scottrade
2- TD Ameritrade

I am really new in stock market world so don't know much about these companies. Please reply soon as I have to open the account at the earliest

Thanks

**BadThad** · #2 03-02-2010, 12:48 PM

I use TDA, they have been solid and have good research and tools.

thegreatgate · #3 03-02-2010, 06:07 PM

TDA I don't have, but I hear great for research.

If you are looking for cheap commissions and a very nice respectable platform then I recommend optionshouse.com. It's a $2.95 flat rate per buy!

I also have Scottrade. They are ok. It's $7 per trade over there.

But I'd for sure recommend opening up a TOS account. All the professionals have them, and it's 100% free. Great free charting tools, live news, and many other features.

So right now I have a Bank of America account, a Scottrade account, an OptionsHouse account, and a ThinkOrSwim account.....Without a doubt follow the TOS link and get their platform, but for actual trading I'd recommend OptionsHouse.

Good Luck!!!

Ekmann99 · #4 03-08-2010, 03:30 PM

TDA is the best by far, been with scott trade and TDA, and TDA is superior by FAR.

hriti · #5 03-12-2010, 01:43 AM

TD Ameritrade is best. got for it.. Good luck

AcidBurn · #6 09-03-2010, 02:19 PM

I bought shares in a penny stock company in a private placement. The transfer agent sent me the certificates and now I can't find a brokerage house to take them because they are under $1.00 per share.

Any thoughts or suggestions?

I tried E-trade, TDA, and Source Capital. All were no go's.

MrktTimingAcdmy · #7 12-18-2010, 12:06 PM

We use thinkorswim. They have a great desktop program and apps for the iPhone and Droid. Hope this helps. BTW - I think TD Ameritrade owns this company.

**BadThad** · #8 12-21-2010, 10:56 AM

Yea, thinkorswim is part of TDA.

Stevie_B · #9 02-14-2011, 10:44 AM

I absolutely agree with opening a TOS acct, the tool are incredible.

I use TradeKing, $4.95/trade but they have had problems recently due to an upgrade. Many people like optionhouse as well for options.

DuDeK11 · #10 03-08-2011, 09:29 PM

Is TD Waterhouse a part of Ameritrade? I'm from Canada and we have Waterhouse I don't think we can use Ameritrade, but it's still TD. TD Waterhouse is the one I'm using.