Online Trading Rankings: Choosing The Best Trading Site
Think of stock trading and the one thing that comes in mind is online trading. But you cannot just avail the services of any online trading service without proper information. Looking for the online trading rankings is the best way to choose which service shall be suited for your requirements. We provide information about some of the best award winning sites for you.
Tradeking is one of the most popular sites involved in online trading of stocks and securities. It has won the bronze medal in 2007 online stock trading report of Top Ten Reviews. If you are a beginner, this site is just for you. Tradeking is designed to keep matters simple so it has a flat fee plan of just $4.95. There is no restriction on the volume of trade but the options are restricted, you can only trade in stocks, mutual funds and certain bonds issued by Department of the Treasury.
In order to help the beginners, Tradeking has put up several virtual tours and audio visual demos so that the new users can get an idea about the way system works. Your information with Tradeking is safe. The site has SPIC membership. You are provided full fraud protection. Tradeking provides an online forum for discussion among users and further support is available via email, instant messaging or phone.
Thinkorswim is another popular online trading service. This service has won the silver medal in 2007 online stock trading report by Top Ten Reviews. This service has developed a reputation for itself in a very short period of time. The service charges only $9.95 but it restricts the trade at maximum 5000 shares. You would be required to open an investment account with $500 as minimum investment. Apart from the usual stock trading, this site also offers IRA and Coverdell ESAs. The service is available from the web based interface as well as from a locally installable software solution. Apart from this, mobile trading facility is available as well. You can install a mobile solution on Palm or Research In Motion Blackberry device. The connections are secured as the data travels cloaked in a 128 bit Secure Socket Layer encryption. Fraud protection is also available because this site is a member of SPIC. The best site according to 2007 online stock trading report by Top Ten Reviews is optionsXpress. The site has won the gold medal in same online trading ranking. This service has a tiered charge plan with prices ranging between $9.95 and $14.96. An additional $1.50 is charged per options contract. The site offers all the industry standard security features and there are training features for new users as well. With the online trading rankings that are provided here, we hope that you shall be able make a better and informed choice.
Online Trading >> Privacy Policy >> Legal Disclaimer
| 
