No Perfect Online Stock Broker Exists
January 5th, 2009 by admin
I have yet to encounter a great ‘all in one’ online stock market investing broker. In fact, most of the online brokers fall far short of the line of what I would call quality. However, of the few that are decent I find that each of them lack one area or another.
For example, where one might offer very aggreable fees on trades and contracts, they will not offer any interest rate for the money being held idle in yoru brokerage account. Another that offers a very aggreeable interest rate on idle money, will ofter sub par fees on trades and contrancts. Yet other brokers have terrible interfaces and so on.
There is no telling when a perfect online broker will emerge and stop all the competition, but be on the lookout for when one does.