Qwoter

Stock Broker


How to Choose the Best Broker
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It is obvious enough that online trading is a lot easier and more convenient — not to mention faster. Through online investing, the online traders would need to hire online brokers to assist them with the trading transactions. As there are a variety of online brokers available today, selecting the one that would best suit our needs and requirements may be very challenging. Of course, most of us would want to choose the best and the most affordable broker.

Full Service Brokerage or Discount Brokerage?

Best Brokerage Firms
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Scottrade - Scottrade has been operating for over 25 years now and still maintaining a great reputation in the industry of brokerage. They provide local brokers for the convenience of their clients who wants to have face to face consultations with an actual broker. This discount broker is branded as the leader in stock brokerage and customer service. Scottrade also has no annual fees and no inactivity fees.

Don’t Trust Your Broker
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This may sound crazy, but it’s absolutely true AND extremely important for you to understand. Your broker is there to take your orders and execute your trades. That’s it.

You may not realize this, but your broker’s goal is to get you to make as many trades as possible. That’s how he makes HIS money, on trade commissions and fees. You don’t have to make a trade just because he wants you to. Your job is not to make him money, it’s to make you money.


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