Monday, April 17, 2006

Comparing Brokerage Sites

Once you learn the stock basics, you want to get your hands dirty. You're looking for a brokerage firm. Follow the steps below to choose your firm:

1. I found this wonderful article on MSN Money that talks about 15 things you must ask any discount broker. Read the article on MSN Money here.
2. Compare 4 brokerage sites online at Fool.com here.
3. See customer's review of more brokerage firms at Consumer's Search

A few questions important to me were:
* Minimum balance
* Transaction fee
* Do they provide Level II quotes. If so, what's the fee.
* Do they provide Research reports. If so, what's the fee.

Depending on which firms suits your personal investing needs, open an account with them. Welcome to Wall Street.

Posted by Hemant at 12:02 AM

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