How To Trade Our Research

If you don’t already have a brokerage account, you’ll need one before taking advantage of our recommendations. There are a number of different brokers that you can choose from. But to help get you started, we’ve listed some of the most popular brokerages below. You’ll find a quick description of their fees and links to open your account. Just remember that this list is just for information purposes to get you started. We don’t recommend one broker over another, and it’s up to you to figure out which broker best meets your needs.

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Ally – www.ally.com/invest

Commissions: $4.95 per trade*
Account Minimum: None
*Add one cent per share for stocks under $2.00

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Charles Schwab – www.schwab.com

Commissions: $4.95 per trade
Account Minimum: $1,000.00

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Choice Trade – www.choicetrade.com

Commissions: $5.00 per trade*
Account Minimum: None**
*Add $2.00 per trade for Bulletin Board and OTC markets.
**$500.00 minimum cash balance required for Bulletin Board and OTC stocks

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E*Trade – www.etrade.com

Commissions: $6.95 per trade
Account Minimum: $500.00

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Fidelity – www.fidelity.com

Commissions: $4.95 per trade
Account Minimum: $2,500.00

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Firstrade – www.firstrade.com

Commissions: $2.95 per trade*
Account Minimum: None
*Add $0.0005 per share for stocks under $1.00

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Just2Trade – www.just2trade.com

Commissions: $2.50 per trade*
Account Minimum: $2,500.00
*Add $0.003 per share for stocks under $1.00. Minimum commission $2.50, max $5.50

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PennTrade – www.penntrade.com

Commissions: $19.95 per trade*
Account Minimum: $1,500.00
*$34.95 per trade for OTCBB and Pink Sheets stocks

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Robinhood* – www.robinhood.com

Commissions: Free**
Account Minimum: None
*Need to download the app
**Has advertisements

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Scottrade – www.scottrade.com

Commissions: $6.95 per trade*
Account Minimum: $2,500.00
*For stocks priced under $1, Scottrade charges an additional fee of 0.5% of the total principal in addition to the $6.95 flat commission

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TD Ameritrade – www.tdameritrade.com

Commissions: $6.95 per trade
Account Minimum: None

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Trading Direct – www.tradingdirect.com

Commissions: $10.95 per trade*
Account Minimum: $500.00

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