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Top 3 Online Stock Brokers


Before you open an online trading account and begin your trading career, the first step you should follow is choosing an online stock broker that is right for you. There are many different brokers and they all offer their own special services and features. So how do you go about choosing the best one for you? Commission fees are NOT the only thing that you must look for when you do your research. Other factors also play significant roles in your decision such as account minimums, trading tools, customer service, account security, and speed. There are also many other factors that may play a role in your decision making. After thorough research and personal experiences, here are our top 3 recommendations for traders:

1. Zecco.com
Zecco is the online broker that we use and so far we are very satisfied with their service.
Well-known For:
- No minimum amount required to open an account.
- FREE online stock trading
- 10 free stock trades per month - No fees or commissions when you maintain a $25,000 balance or execute 25 trades each month. Otherwise, all trades are just $4.50, which is one of the cheaper options available.
- The 25 trade qualifications include stocks, options, and ETF trades and the 10 free stock trades count towards the 25 total. This is certainly great for swing traders.
- Low options trading costs: $4.50 + $0.50 per contract.
- No inactivity or maintenance fees. No fees to close account.
- A variety amount of stock trading, research, and analysis tools.
- Zecco Forex- Trading Platform for foreign exchange traders which was rrecently released.
- Excellent Customer Service

The only downside to Zecco is that in order to receive the 10 free stock trades per month, you need a minimum of $25,000 in your trading account or you must execute at least 25 trades each month. You will not be eligible if you execute any amount below the 25 trades that is required. Anything beyond 25 trades is $4.50 per transaction and you are not allowed to receive more than 10 free stock trades for that month even if you execute over 25 trades. However, Zecco is still relatively cheap compared to many other online stock brokers, charging only $4.50 per transaction, which is half of what TD Ameritrade charges for their commission.

2. TradeKing.com
Well-known For:
- No minimum amount required to open an account. - Remarkable customer service and discounted trades.
- $4.95 per trade for stock and ETF trades.
- Low options trading costs: $4.95 + $0.65 per contract.
- Charges same rate for market, limit, and broker-assisted trades.
- Rated #1 best customer service by both SmartMoney and Kiplinger.
- Voted as one of the best options brokers.
- A special offer of $150 when you switch to TradeKing.
- Trading Tools - Its tools are rated among the ‘Best for Options Traders’ by Barron’s. Tools include Probability Calculator, Profit + Loss Calculator, Stock and Option Screeners, Technical Analysis Tools, and much more.
- Excellent Customer Service

3. OptionsXpress.com
Well-known For:
- Named Best Online Broker by Barron’s in 4 of the last 5 years.
- Numerous awards from Barron’s, Forbes, SmartMoney, Kiplinger’s, and more.
- Personal Coaching - As a personal coaching student, you will have access to a weekly one-on-one coaching session, comprehensive training materials and self-tests, and a personal coaching hotline.
- Offers a lot more than just options including stocks, futures, mutual funds, and ETFS all in one account.
- No base rate, no additional charge for broker-assisted trades
- 18 Powerful Tools - Free access to over 18 helpful trading tools and other educational resources
- Free account transfers
- Virtual Trading – Test your investing skills by practicing virtual trade, which allows you to try and experiment without putting any real money on the line. can open an account and start with $5,000 in virtual investing funds.
- Free Webinars – Free investing education from dynamic presenters in an interactive workshop setting. Take advantage of their webinars and tutorials to elevate your trading.

However, the downside to OptionsXpress is that its commission fee is more expensive than a few other brokers, with a commission fee of $14.95 or $0.15/share over 1,000 and $9.95 after 9 trades.

Stock Market For Beginners

How Technical Analysis Work
How Candlestock Patterns Works
How To Trade Stocks
How To Analyze A Stock
How To Paper Trade
3 Different Types of Technical Indicators
How To Trade Simple Moving Average
Support and Resistance
How To Trade Channels
How To Use Volume To Trade Stocks

Stock Market Fundamentals

Stock Market Terms
How To Invest In Stocks
Trading Psychology
Commissions and Slippage
What Are Stock Splits
What Are Reverse Splits
Common Stocks vs. Preferred Stocks.aspx
Why Are Economic Indicators
What is Stock Price

How To Use Stock Scanner

Moving Average Crossover Scan
Stochastic Screener
RSI Screener
Candlestick Scan

Intermediate: Trading Strategy

Cycle Trading Strategies
How To Trade Oversold Stocks
How To Trade Breakout Stocks
How To Trade MACD Crossover
How To Trade Head and Shoulders Pattern
Uptrends Downtrends and Trend Lines
How To Trade Triangle Patterns
How To Trade Doji
How to Trade Bullish Engulfing Patterns
How To Trade Bearish Engulfing Patterns

Advanced: Swing Trading Tactics

How To Scan For Stocks
How To Short Stocks
How To Trade Penny Stocks
How To Trade Divergence Pattern
How To Trade Crossover Patterns
How To Trade Double Tops and Bottoms
How To Trade Triple Tops and Bottoms