An 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. Well I started to trade more than 10 years ago. It was quite different world for traders. Since then I’ve discovered some important characteristics that make a good online stock trading broker.
I found that most important is good execution – you should have to have good fills for my limit and especially market orders. Second very valuable feature of best stock brokers is accessible customer service. You have 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. 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 brokers. Finally, I found one that I liked very much.
The most important features of this stock broker
So I opened account with them, and I’ve traded on this account ever since.
What do I like about this brokerage house?
- They have a good commission structure
- They have really good trading software
- I also receive good fills for my limit and market orders.
- It’s a good broker for swing traders, position traders but also for very active day traders.
- They have quite good customer support.
They offer good service, and I can be sure my cash and opened stock trades are safe and will be handled correctly. I used this brokerage house for several years and their service was really good. The company name is Interactive Brokers and I can really recommend them.