Popular Online Stock Brokers

Here are some popular and respected online stockbrokers. This list may be incomplete or your favorite broker may not be included. Do your homework. We do not recommend one broker over the other.

You and you alone must decide:

* Which level of service you desire.
* The level of commission you are willing to pay.
* Direct access versus standard.
* Level of service you need as a trader.

www.interactivebrokers.com

Direct access broker. Excellent commission rates, full line of available trading instruments from stock to the forex. Fairly comprehensive training of platform use via online videos. Numerous trading webinars offering education in trading ideas and instruments. Outstanding simulator operating in real time.

www.mbtrading.com

Excellent commission rates, full line of available trading instruments from stock to the forex. Good simulator using simulated data. No educational resources available. Excellent phone support and service level near that of full service brokers.

www.optionsxpress.com

The one to pick if you need options education. Complete and through training on all aspects of options and options trading. Higher commission rates, more limited line of available trading instruments. Simulator using real time data. Excellent phone support and service level near that of full service brokers.

Next: Step 3: Educate. Educate, Educate

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