Greeting Everyone!
I am just getting into stock trading and have red a few books. Or actually, I am still in the process of reading a few good books. I have an idea of my stock strategy, but would like to know the best discount broker for this strategy.
My strategy is basically a growth and value investing strategy. With this trading strategy I will likely buy/sell a few stocks per month. Definitely not day trading. I might buy some stocks that fit my criteria and then also buy more of that same stock when it goes down in price and still meets my criteria.
I will also probably not use my broker for most of my research, but an outside source. So really I just need a broker strictly for the trading. So I am wondering what the best "bang for my buck" would be in this situation.
Any and all help will be greatly appreciated.
Thanks everyone.
Hey guys thanks for the help………………………I am actually in the U.S.
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For the quality of research and tools available, I’d recommend Fidelity or Schwab.
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You did not say where you live. If you are in Canada, TD Waterhouse (formerly called Green Line is the best). I personally invest with them. Their prices are reasonable and their services are good too. You can place trades either directly with an Investment Rep, on the Web-broker (online) or Telemax an automated touchtone telephone system that has not let me down yet. They also have a voice- telephone system now.
To set up a new account, I would suggest that you go into a TD Canada Trust branch or a TD Waterhouse office if one is close to you. Both can open up an account for you.
http://www.tdwaterhouse.ca/
If you are in Canada. I would recommend Etrade or TD.
If you are in the states, I would suggest Fidelity. Their service is escellent.