Recommend me a stockbroker for NYSE Trading

[Seneca60BC]

Hi All

Can you tell me which online (internet) brokers you guys use to trade on the NYSE ? I am pretty much after basic trading, including options. Offcourse, also low brokerage fees

Thanks!

 

[IFocus]

Interactive Brokers

 

[sails]

Have a look at ThinkorSwim http://www.thinkorswim.com/tos/client/index.jsp

Fantastic customer service and software...

 

[tech/a]

IB

$1 in and out.
Over 1400 stocks to short.

Sails what are Think or Swims stats

 

[Uncharted]

IB
$1 in and out.
Over 1400 stocks to short.

Amen to that.

 

[sails]

IB

$1 in and out.
Over 1400 stocks to short.

Sails what are Think or Swims stats

IB are probably cheaper on stocks, but the OP was asking about options as well and also mentioned "basic" trading.

IMHO, the TOS trading platform is far safer and a LOT more user friendly, exercise friendly + excellent customer support especially for options.

If it's just stocks, yes, IB would be hard to beat on price.

 

[kam75]

Hi All

Can you tell me which online (internet) brokers you guys use to trade on the NYSE ? I am pretty much after basic trading, including options. Offcourse, also low brokerage fees

Thanks!

Brokerage would be the last thing on my the list when selecting a broker, unless you daytrade everyday. Order execution and market experience would be the first. I trade the US markets (NYSE, Nasdaq and Amex) through OptionsXpress for a few years now. Their contingent order executions are better than most brokers which is a good thing when you want to place Stop limits on your orders.

Regards
kam75
_____________________________
http://www.sharesmadeeasy.com

 

[Seneca60BC]

ok thanks for the replies, I also want to trade FX so I think I will go with IB but I am not sure whether I can trade Aussie Stocks - I do NOT want live streaming prices - so will I still need to subscribe to the data lines for ASX and get hit $37.50 ?

 

[mazzatelli1000]

ok thanks for the replies, I also want to trade FX so I think I will go with IB but I am not sure whether I can trade Aussie Stocks - I do NOT want live streaming prices - so will I still need to subscribe to the data lines for ASX and get hit $37.50 ?

TOS and IB are the two brokers I am with and both are excellent for different reasons. TOS now offers Forex as well so you should have a look into that.

ASX stocks - yes...not very convenient
If you want to trade aussie stocks and options - OptionsXpress would be the way to go