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Posted On: 03/01/2017 9:40:52 AM
Post# of 1582
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I use schwab. love it too.
schwab trades are at 6.95 and offer high yield checking account linked for free. Free ATM fees no matter what ATM you use (end of the month they reimburse all ATM fees and schwab does not charge any fees on their end) and free bill pay like everyone else. They just are not a brick a motor bank. There are locations to go into and talk to people, but all banking etc. is done online or by mail. This is how they are able to offer such low fees or no fees at all. I also have yet to be restricted to buy a stock of my choice. Some brokerage firms will not let you purchase certain penny stocks and sub penny stocks because they are "protecting" their investors from the risk.
I have a bias view point because I am limited to what firms I can trade with and I am not allowed to use there high end trading software that they offer everyone for free. I would have to pay a few hundred a month... years ago when working in the financial industry I was forced to choose between wells fargo or schwab in order for my company to track all my trades. I hear e-trade is good, but I would not know about other brokerage firms (except for dealing with them behind the scenes on a b2b basis). FINRA and SEC are no joke when it comes to background checks and fraud etc. ... but Just so everyone knows, I no longer work for my company as I trade from my own home with my own money only. I also do not provide investment advice to anyone, anymore. I just speak my mind and opinions. As Jagr aka Joey68 always says... Do your own DD and make your own decisions and purchases off of your own intel.
schwab trades are at 6.95 and offer high yield checking account linked for free. Free ATM fees no matter what ATM you use (end of the month they reimburse all ATM fees and schwab does not charge any fees on their end) and free bill pay like everyone else. They just are not a brick a motor bank. There are locations to go into and talk to people, but all banking etc. is done online or by mail. This is how they are able to offer such low fees or no fees at all. I also have yet to be restricted to buy a stock of my choice. Some brokerage firms will not let you purchase certain penny stocks and sub penny stocks because they are "protecting" their investors from the risk.
I have a bias view point because I am limited to what firms I can trade with and I am not allowed to use there high end trading software that they offer everyone for free. I would have to pay a few hundred a month... years ago when working in the financial industry I was forced to choose between wells fargo or schwab in order for my company to track all my trades. I hear e-trade is good, but I would not know about other brokerage firms (except for dealing with them behind the scenes on a b2b basis). FINRA and SEC are no joke when it comes to background checks and fraud etc. ... but Just so everyone knows, I no longer work for my company as I trade from my own home with my own money only. I also do not provide investment advice to anyone, anymore. I just speak my mind and opinions. As Jagr aka Joey68 always says... Do your own DD and make your own decisions and purchases off of your own intel.
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Disclaimer:
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in all and any posts.
My posts are NOT investment advice. I am not paid to post.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in all and any posts.
My posts are NOT investment advice. I am not paid to post.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.