What are some good brokers.

Kastro_316

Kastro_316

Hey what are some good brokers to join. Like what are some good online trading brokers, and what are some good direct acess brokers. If im planning on making a large number a trades a day, should i join a direct acess account.

Thank you very much
 
Thats perfect man. Just what i needed.

Just a question, Whats the difference between, something like Etrade and Interactive Brokers. What should i go to. Whats better for a begginer.

Thanx
 
Neither one, for a beginner that wants to do a lot of trades; IB won't support you enough, and the other one is not a good place to learn high volume trading.
 
Metooxx, ok what do you suggest i start with, what broker, what type of broker, Id like to join some good direct acess brokers, but im only going to be opening an account with $5000.

What do you suggest man.

Thank you very much
 
Maybe Terra Nova, more expensive, but direct access with good technical support and a good trade desk, which you will need ...
 
You must have at least $25,000 to start an account that you will be day-trading with. If you do more than 3 turnarounds (buy/sell or sell/buy) within a 5 day period you are considered a pattern trader by the SEC and you need a min of $25,000 or the broker you are using (so long as they are following the rule) will not let you enter your third position because it would be a potential pattern day trade.:(
 
Yea that one looks good.

What did u mean by etrade is not good for high volume trading, what is that. What did u mean


Thank you.
 
OK, i see.

With nova, you need a 10,000 account minimun, I only have $5000, So what do u suggest i do. Are direct access account easy to use.

Thank you
 
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