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Scottrade.com
You've probably seen their commercials running on CNBC. Scottrade used to be a no-frills online brokerage that offered $7 per trade; basically you got what you paid for. However, the company has evolved and now features considerable services to its clients. It's a great, reputable service for new investors.
Ameritrade.com
Ameritrade is another great service because they have low commissions ($10.95). Best of all, the quoted commission price includes limit orders. If reputation and ease of use is what you're looking for, consider Ameritrade.com.
Sharebuilder.com
Sharebuilder is hands-down our top online broker for new investors with not a whole lot of money to get started. With their low commissions, no minimums, and tons of investment options, we seriously think you should give them some thought for opening an investing account.
BrownCo.com
BrownCo is for the more experienced investor. Because you're more sophisticated and have a higher account balance, BrownCo rewards you with great services at low prices. Their commissions are as low as $5 per trade.
ING DIRECT
ING DIRECT makes $aving money simple! Open your account online today and start earning 2.75% variable APY. No Fees and No Minimums! Open a savings account in under five minutes with no fees, no minimums and FDIC insurance. Electric Orange – Earn 1.50% APY (or up to 3.50% APY) Free Bill Pay. Free ATM’s at more than 32,000 locations. Apply online.
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