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Whether you are just beginning nline trading, or you are a m re experienced investor, picking the right nline broker is a very important p rt of your success as a tr der. When you are just starting st ck investing, you should weigh the c st factors more heavily. As you g in more experience, you will learn wh t features are important to you, l ke trading tools, customer support, live br ker assistance or the availability of br nch offices that you can visit. As a new tr der, look at the category of d scount brokers. Don't let the term "d scount" scare you. There are some v ry big names in this category th t have built a solid reputation for s rving the needs of individual traders. N mes like E*Trade, TD Ameritrade, TradeKing and Sc ttrade. But can you get quality long with your choice for a ch ap online broker? The answer is a r sounding YES! Here are some of the q ality awards and recognitions for these br kers: E*Trade - Rated the #1 Online Broker by SmartMoney - The Wall Street Journal Magazine and received 4 out of 5 stars by Barron's annual ranking of the best online brokers. TradeKing - Rated #3 among all online brokers in 2008 and "Best" in Customer Service by SmartMoney - The Wall Street Journal Magazine as well as their #1 Discount Broker in 2006 and 2007. Also top-rated among web-based brokers by Barron's.
TD Ameritrade - Rated #4 verall in 2008 by SmartMoney magazine and ranked "B st" in quality of trading tools. Scottrade - In the current survey (October, 2007), Scottrade was ranked Highest in Investor Satisfaction with Online Investing Services by J.D. Power and Associates for the seventh time. So there it is, you have several good choices for a low-cost and high-quality online trading broker as measured by independent industry experts.
The article Picking the Best Online Trading Broker For Cost and Quality was Submitted by Daniel B. Johnson through Articles.GetACoder.com network. Here's the additional information: Download my free guide, " 7 Steps to Online Trading Profits " for the full cost comparison of these online brokers at http://www.BeginningOnlineTrader.com Daniel B. Johnson is vice-president of a wireless communications company based in Dallas. He maintains a successful online trading career on a part-time basis to earn an additional income stream.
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