If you are like most people, online stock brokers provides individuals with affordable and very convenient modes of investing their money. Depending on how much you would like to pay for the service, there are a number of stock brokers which can do the trick.
Investors with $499 or less
For this price bracket, investors can try BuyandHold or Sharebuilder. These websites offer as low as $4.95 for every purchase. Be sure to check the addtional fees which adds up to $6.99 per month.
Investors with $500 – $999
If you have a bit of extra cash, you can try Etrade, which requires to you have a minimum of $500 to even open an account. The cheapest is $7.00 per purchase but this tends to be the most popular online broker for beginners.
Photo source Tracy O