Online Stock Trading
Q: I am thinking of trading stocks online. How expensive and hard it is? Which software/broker is good. Any review article on online trading which compares online brokerage firms you know of?
A:
Datek Online is often cited as having very fast execution speed, high
capacity servers, and good service as well - features you'll find to be
very important especially on high volume days. I find their site to be
very well organized and easy to use and they are very reasonable at
$9.99 per trade with no hidden costs. You can establish an
free with mimimum balance.
I use them for all my trading and wrote software that provides real-time
charting and alerts based on their fast servers. A free fully
functional trial version of DART Chart can be downloaded at:
http://www.flairsoft.com.
You can get reviews of dozens of brokers at the site below.
Don Johnson, compiler of "Discount Stock Brokers Ranked"
available at:
http://www.sonic.net/donaldj/
and
http://www.astro.lsa.umich.edu:80/users/philf/www/discount.html