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Best online brokers

My online stock trading tips for selection of top stock broker

Every trader looks for a list of the best online brokers. It’s possible to find some information on several discussion forums and when searching through Internet and a Google search. That’s the way I started the search for my broker.

I opened my first brokerage account with a stock broker several years ago. Since then I’ve discovered some important characteristics that make a good online stock trading broker.

I found that most important is:

  • good execution
    - to have good fills for my limit and especially market orders
  • accessible customer service
    - to be able to contact some representative of the company in any urgent case without delays

Commissions are not the most important thing, which was a surprise to me after trading for a while. I discovered that the amount of the commissions doesn’t play a large role in my trading results. Good fills are more important. So if you have your list of best online brokers, check them for these points.

I tried several Web based and then direct access stock trading brokers. Finally, I found one that I liked very much. I personally met with the representative of this broker (later I discovered he’s one of directors of company :-) ), and he was a really nice person. I like how he talks about his business.

So I opened account with them, and I’ve traded on this account ever since.

What do I like about this brokerage house?

  • Most important is customer support – it’s great. I can always discuss what I need. I can use email, or the Yahoo messenger service to contact the right person in a minute. I can call, of course, but it’s usually not necessary.
  • They have a good commission structure
  • • Accounts are held by the Penson Financial services company for clearing, custody and protection.
  • They have really good stock trading software
  • I also receive good fills for my limit and market orders.
  • It’s a good broker for swing trading, position trading but also for very active day trading.

They offer good service, and I can be sure my cash and opened stock trades are safe and will be handled correctly. I don’t want to give a lot of advertising to this company here publicly, but if you’re interested in more info regarding a U.S. stock trading account with this (really good) brokerage company, fill in the form below, and I will send you more details in a personal email.

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