Best Online Broker?

[RikaKazak]

Scottrade...used them for 2 years now...A+

[pig4bill]

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zecco has $0 trades which is nice

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I'm sure slippage on a site that has $0 commission will be terrible. I'd stick with a well known online broker that is cheap. Like Ameritrade, Ameritrade Izone, Schwab, or Scottrade.

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Slippage? Everything on small orders is electronic now. I doubt there would be any noticeable slippage difference from any other decent broker.

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You don't trade much, do you?

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Nah, with the big drop in volatility I'm down to 800 or 900 trades a year.

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SOES works well on the NASDAQ, but, even with regulation NMS inacted, NYSE fills still blow. AMEX fills are the most disgusting on a regular basis because of all the floor regulation and order selling.

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SOES? I haven't heard it called that in years. I think SOES is defunct. NASDAQ is pretty much all one market now. NYSE, I use ARCA and Island, which cheapo brokers do also unless you're buying 10,000 shares at a clip. AMEX fills suck because the specialists are crooks. They somehow arranged it so that even ARCA orders go through them. Simple solution is to just avoid AMEX - most of it is crap anyway.

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If you plan to only place limit orders then most of this doesn't matter.

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I don't know why you wouldn't unless you're doing buy on open which all get filled at the same price anyway.