Before you are able to trade stocks and ETF, you need to set up a brokerage
account. The commission you pay can
range from under $10 for discount brokers to several hundred dollars for
traditional brokers. TDAmeritrade,
E-Trade, Scottrade, and Interactive Brokers are the most popular discount
brokers. You can get some sense about
the brokerage houses from the following link:
On the other hand, Wells Fargo and Merrill Lynch provide good deals to
qualified investors.
Wells Fargo provides 100 free trades per year if your portfolio meets
certain criteria. Please browse the
following links for reference.
Merrill Lynch provides 30 free trades per month to qualified customers. You
can get more detail from this website:
The following link
provides reviews for most stock brokers based on ratings, commissions, and
minimum amount to open an account.
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