Online Trading Listicle
One of the greatest benefits of the internet is that it has facilitated simpler and cheaper investing solutions, making the online trading environment infinitely more efficient and accessible. As a result of these advances, individuals receive more access to research, trading tools and information than ever before. Below are the top companies in the industry to help you meet whatever your investing goals may be.
Sharebuilder is CapitalOne’s brokerage arm that is designed to combine the resources and benefits of bank associated brokerages but at the most reasonable commission rates. Their online trading platform offers premium research and analysis tools in addition to portfolio building guidance and software, all for the low commission rate of $6.99 for stock trades. They offer a portfolio building tool that enables trade execution for as low as $3.99 per trade, an extremely discounted price for a big bank brokerage.
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#2 Merrill Edge
Merrill Edge is an online trading subsidiary of Bank of America and Merrill Lynch, industry titans in banking and financial advisory. Merrill Edge is targeted towards middle class investors who do not need sophisticated tools, but want access to good trades and great information. This is the perfect company for investors who want to make a long term financial plan and monitor it occasionally as they go.
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SogoTrade is the most discounted traditional online trading house on this list, with trades costing as little as $3.00. While they do not provide portfolio guidance tools, they do offer extensive research tools on specific stocks and the financial markets in general. SogoTrade also hosts a full library of information on investing, teaching customers everything from what to look for in an investment, to trading techniques, to how to build your own investing strategy. For active investors who regularly follow the markets, SogoTrade as a great resource for executing their trading strategy cheaply. Visit SogoTrade >>
Fidelity offers the high quality investor tools and resources traditional brokerages offer, but for lower online trading commission rates. In addition to a suite of market and security research tools, Fidelity offers access to over 20 independent research providers. Investors with a vast amount of information at their fingertips can have a real edge in their trading performance. Visit Fidelity >>
Motif is the perfect online trading house for an investor with solid investing ideas. Investors can choose from hundreds of thousands of portfolios made up of stocks and ETF’s based around various investing themes. These portfolios are built by professionals as well as Motif community members. These themes can range from market driven themes like a strong housing market, a weakening Euro currency, or idealistic thesis such as companies that are green and sustainable. Users can also build their own portfolios, doing so at a flat rate that makes investing incredibly cheap when compared to creating a portfolio with another online trading company. Visit Motif >>