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3 Best Brokerage Firms for Investors Today

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Best Broker For DIY Investors: TradeKing

Provides similar tools and capabilities as larger brokers at half the cost

  • Improved stock and ETF screening capabilities, robust online investor forum
  • Commission Per Trade: $4.95
  • Account Minimum: None
  • Promotion: Refer a friend and both receive $50
  • Sign up for TradeKing

TradeKing offers similar tools and capabilities as its larger competitors, but commissions are far cheaper at $4.95 per trade. The company has a simple user interface and differentiates itself with an active community forum where investors share and discuss ideas. TradeKing’s research offerings have dramatically improved since its merger with Zecco. An investor looking for a lower-cost version of TD Ameritrade or Scottrade should consider TradeKing. One thing to watch out for is a $50 maintenance fee that TradeKing will slap on any accounts that have an account balance less than $2,500 and have been inactive for a year.

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