01-03-2014, 10:10 PM
I was in the same boat spending way too much on commissions to a flesh and blood broker. And to top it off, he had me in some very poor performing and expensive mutual funds.
I use ETrade. I like their fast trades, DRIPing of dividends, easy to fund, their research is very good, when I have to call them I never wait on hold and the people know what they are doing, lots of commission free ETFs and mutual funds, their income estimator is a nice bonus, website is really easy to navigate, and they have pretty good bonuses for transferring accounts to them.
The biggest downside is that their commissions are $9.99, but since I don't trade heavily, it's not that bad. I don't mind paying a few extra dollars per trade. The benefits make up for to me.
I use ETrade. I like their fast trades, DRIPing of dividends, easy to fund, their research is very good, when I have to call them I never wait on hold and the people know what they are doing, lots of commission free ETFs and mutual funds, their income estimator is a nice bonus, website is really easy to navigate, and they have pretty good bonuses for transferring accounts to them.
The biggest downside is that their commissions are $9.99, but since I don't trade heavily, it's not that bad. I don't mind paying a few extra dollars per trade. The benefits make up for to me.