|
|
tradeMONSTER Review 2010
Free IRAs, powerful trading tools and plenty of learning materials for beginners
|
tradeMONSTER Commissions and Investments Offered (2010)
- $7.50 per stock trade
- Options: $0.50 per contract, minimum $12.50 for single leg orders and $7.50/leg for multi-leg orders
- Mutual Funds: $15 to buy, $0 to sell
- Bonds: $15
- Investments: stocks, options, mutual funds, bonds, ETFs
tradeMONSTER offers a powerful and flexible webbrowser-based
trading platform, where just about everything is customizable. There are also great tools for charting, trending,
drawing your own patterns on the charts.
- Selling mutual funds is free
- No inactivity or account maintenance fees
- No-fee IRAs
- No hidden fees
- Free trading simulator, paper trading
- Lots of learning materials for a beginner investor
- $2,000 minimum to open cash account
- Additional 1.5 cents per share for extended hours trades
tradeMONSTER offers excellent trading tools and a great price for investing in mutual funds
-- $15 to buy and free
to sell. Barron’s rated tradeMONSTER 4.5 stars (out of 5) on their Trading Platform, Usability,
Research and Educational Resources, Portfolio Analysis and Reporting Tools.
One of tradeMONSTER's coolest features is the ability to practice trading stocks or options with
paper (virtual) money, using all of the tools available. Another interesting
feature is Exit Plan, where users create exit strategies for your trades by focusing
on profit targets and by monitoring your stop-loss and exit points.
tradeMONSTER is a great choice for people investing in mutual funds or for
beginning investors.
Since there are no IRA and inactivity fees, tradeMONSTER also is one of the
best IRA brokerage firms.
tradeMONSTER Promotion Code - click link below to get up to $250 in transfer
fees reimbursed.
|
|