So I currently have been using etrade as my broker, but when i tried to log in this morning it says that i am do not have a pro subscription which is 100 a month, did they just update this? I like etrade, but now i do not know what broker to use. I currently only have 500 dollars for my account. I know Tim suggests suretrader and interactive brokers, any suggestions?
and yeah im only 20, so ib would be the good way to go?
and tim says robin hood has crap executions
I have been using E*trade for half year and I just pay 9.99/trade, they told me $500 is not necessary to keep it open, I dont pay any monthly fee and it doesn't look i will get charge soon, my balance is every day the same unless I trade. (please If you find out what's up with the $100 subscription let me know, I am also curious about that)
It is 9.99 for the buy and another 9.99 for the sell. so about $20 for round trip. If you an afford an account with IB, it is definitely worth it. The only pain I had with IB is the hoops you have to jump through to set up your account to be capable of trading penny stocks.
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