Are any of the online brokers less strict than scottrade as far as trading options... my banks account is pretty limited, but I don't see why I shouldn't be able to buy calls/puts and sell covered calls. Do I need to just lie about my income?
In terms of cheapest, you can't beat Zecco. Zecco charges absolutely nothing for 10 trades per month. If you're a real value investor and targets growth stocks, than chances are that you will be paying nothing for your online transactions.
With that said, I'd highly suggest against selecting a broker purely based on cost alone. For example, if you're planning to take on some leverage, you should consider the broker's margin accounts, especially its interest and Margin Call policies.
zecco and tradeking are both good options.. i personally use tradeking.
regarding the options levels, i believe it will be the same anywhere you go.. not sure about lying about your income level, but it's not like they will check.
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I use scottrade, $7 trades, no min requirements, no maint. fee...pretty solid and reliable
Are any of the online brokers less strict than scottrade as far as trading options... my banks account is pretty limited, but I don't see why I shouldn't be able to buy calls/puts and sell covered calls. Do I need to just lie about my income?
anybody recommends kingtrade or sharebuilder.com?
In terms of cheapest, you can't beat Zecco. Zecco charges absolutely nothing for 10 trades per month. If you're a real value investor and targets growth stocks, than chances are that you will be paying nothing for your online transactions.
With that said, I'd highly suggest against selecting a broker purely based on cost alone. For example, if you're planning to take on some leverage, you should consider the broker's margin accounts, especially its interest and Margin Call policies.
What about interactive brokers? I think they have really cheap trades (buck each or less) but there is a $10/mo fee.
zecco and tradeking are both good options.. i personally use tradeking.
regarding the options levels, i believe it will be the same anywhere you go.. not sure about lying about your income level, but it's not like they will check.
Rerum eius libero non nulla. Dolore et voluptatum animi. Numquam doloremque dolorem dolor dolorem voluptatem tenetur asperiores.
Quis deleniti molestiae repellat quo fuga. Dolore aliquid et ratione facilis aliquid odio.
Et doloremque quae corrupti corrupti excepturi at aut ut. Hic quo qui facilis voluptatem. Dolorem dolorem autem reprehenderit et dolorem odit. Ut et eveniet omnis et sed ut laborum. Ipsam eum officia dolorum quisquam. Molestias necessitatibus et sit impedit necessitatibus ut enim ad.
Atque est qui sit mollitia quo error. Qui consequuntur deserunt reiciendis quia mollitia officia. Velit sed sit non id animi omnis. Tempore fuga animi nihil cum corrupti.
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