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by buttcoinslol 3069 days ago
Yeah, I plan on moving my shares to a broker with the nice features like DRIP/partial share purchases and so on once I accumulate enough capital to make the $5 trade fees worth it.
1 comments

If you can handle the minimum amount to open an account(10K) Interactive Brokers is awesome, Commissions are usually just a $1 in and out. If your under 25 then it's 3K to open an account.
IB is good if you trade enough to make the monthly fee worth it.

But I execute maybe, 4 trades per year. E-Trade / Ameritrade / Scottrade are good enough, and offer me Options trading and other useful features.

Like a website, so I can trade on a computer properly damn it.

> IB is good if you trade enough to make the monthly fee worth it.

Yea valid point. I make 2 to 4 trades a week so IB makes sense for me. Plus I signed up before I was 25 so my monthly fees are still only $3 instead of $12. Plus I do enough trades that my monthly fees are waived.