Options Trading Tutorial

Looking for Online Brokers?

Can someone recommend an online broker? Looking to trade stocks and level four options transactions. If you make a recommendation, what do you like/ dislike about broker? Fee cost information is also greatly appreciated.

Public Comments

1. Interactive Brokers - very low commissions, min $10k to open Scottrade - $7 trades (market or limit for stocks >$1), ~$500 to open Scottrade's system is very easy to use; IB wants experienced investors only.
2. Thinkorswim #1 rated online broker in Barron's in '09 (Again!). $3000 to open, $5.00 per trade or you can chose a flat rate commission. SEC fees $0.01 no inactivity fee. Best analytical tools available. Updates every month. Weekly webinars. Trader/Investor not Inwestor