Damn Sharebuilder is so slow.. Missed getting in on REVI. Up 79% on news today.
Can someone recommend a broker for a small account? I got crushed by the high commissions on a trade through Sharebuilder yesterday. By the time the trade was done I paid .22 a share but after fees it was .33 a share... This seems extremely high.
Fabian384 Feb 07, 14 10:47 AM
get out of sharebuilder i lost 800 on fees with them when i started last month plus quotes are delayed and horrible execution. I like think or swim because of their platform and you get 500 free trades when you open an account. but unless you have 25k you wont be able to daytrade more than 5 times/week. From what ive seen in the trades and chat room centerpoint is the best on fees and finding shares to short but you need 50k to open and minimum of 35k to daytrade.
flipzide Feb 07, 14 11:42 AM
Thank you for the advice @rdelarosa3 much appreciated!
Leatherface Feb 08, 14 2:30 AM
Sharebuilder is great for large cap Long holds and I actually still have FB and AAL long in my account but like you I had to make a change in order to trade OTC's under a dollar. I now use TD ameritrade and the Think or swim platform. Its good for what we need it for. Getting in and out on equity's under 3$ takes some getting used to but after the learning curve it ain't to bad. For me the platform is great. I like the easy access drawing tools and some of the other little thing you get (all fre
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@Leatherface just became a fully transparent trader today!
Make a change. Its going to tie your money up for a week or so but than you'll be done with it. Its pretty nice to have a trading platform!
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