| When I first started trading stocks online, I thought | | | | 2. Reputable Company - Make sure the company you |
| all online stock trading companies were basically the | | | | are dealing with is reputable and has a good |
| same. But, over time, I have learned a few things | | | | reputation. You don't want to be wiring large |
| that I wish I had known to look for in a company | | | | amounts of money to a company that might not be |
| when I first started. Here are a few of the things I | | | | returning it to you. Check with the Better Business |
| now look for in a stock trading company: | | | | Bureau before you apply. Also, do a little research |
| 1. The Cost Per Trade - Some stock trading | | | | online and see who the company is recommended |
| companies have incentives or promotional discounts | | | | by. |
| when you do a certain amount of trades per month | | | | 3. Simple Navigation - Graphs & More - One thing |
| or discount fees per trade. | | | | you want to make sure of, is that the stock trading |
| $5 - $10 per trade may not seem like much money | | | | interface is easy to navigate and understand. |
| at first, but it can add up quick. Think about it: You | | | | Sometimes, when trading stocks you need to quickly |
| decide to buy a stock - $10, you decide to sell the | | | | look over graphs and current quotes and then quickly |
| stock and buy 2 other stocks instead, sell - $10, buy | | | | buy & sell. Getting tripped up by an |
| $10 & buy again $10. You have just spent $40 | | | | unuser-friendly interface will cost you money. |
| trading and you just started. If you had started with | | | | You should be able to apply with a stock trading |
| a company that only charges $5 per trade, you | | | | company online and then be able to check out their |
| would have only spent $20 on that process. It's | | | | interface before you deposit any money into your |
| tricky enough to make a profit trading stocks online, | | | | account. It's worth the extra time to check out the |
| you don't want to start out in the hole just trying to | | | | site completely before you make your deposit. |
| break even first. | | | | |