Stock Broker Reviews




TradeMonster rollover IRA

tradeMONSTER IRA review - best brokerage for IRA rollover in 2010.




Commissions

  • Stocks and ETFs: $7.50
  • 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
  • Minimum to open account: $2,000
  • All tradeMONSTER fees


Trading Platform

TradeMonster review

tradeMONSTER offers powerful and flexible browser-based trading tools. Everything is customizable to your needs. Great tools for charting, trending, drawing your own patterns on the charts.


tradeMONSTER IRA Pros

  • Best margin rates
  • 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


tradeMONSTER IRA Cons

  • Additional 1.5 cents per share for extended hours trades


tradeMONSTER IRA Rollover Review


tradeMONSTER offers great price for investing in mutual funds - $15 to buy and free to sell. The firm has excellent, customizable trading tools with great charts. Barron’s magazine gave tradeMONSTER 4.5 stars (out of 5) on their Trading Platform, Usability, Research and Educational Resources, Portfolio Analysis and Reporting Tools.

One really nice feature offered by tradeMONSTER.com, is the ability to practice trading stocks or options with paper money, using all of the tools available.

My favorite tradeMONSTER tool is Exit Plan. With it you can 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 looking to rollover their IRA account and invest in mutual funds and options. There are lots of learning materials or for beginner investors. Since there are no IRA or inactivity fees, tradeMONSTER also is one of the best IRA brokerage accounts.


tradeMONSTER Promotion Link - switch to tradeMONSTER and get up to $250 in transfer fees reimbursed.






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