I am looking for a new broker for Stocks and Forex.?
Hey folks,
I am looking for a new broker for Stocks and Forex.
I have been using TD Ameritrade for stocks for a few years.
Pros: Like their platform.
Cons: They don’t do forex and their commissions are high.
Opened an account with Interactive Brokers last week.
Pros: Brokerage fees are cheap and they cover stocks and forex (and others).
Cons: I don’t like their platform or margin leverage.
Opened a “Paper” Think or Swim account last week.
Pros: Like their platform better than IB’s but not as much as TDA’s. Margin leverage perfect.
Cons: Commissions are high.
So, here’s what I require and am still in search of. Hopefully ya’ll can point me in the right direction.
I need:
A very user-friendly platform
Ability to trade stocks and forex
Low commissions
Margin of 2:1 for stocks
Margin of 100:1 for forex
Thanks in advance for any info!
Happy trading!
What about tradestation? Awesome if you’re an active trader, but expensive if you just want to make a couple of trades a month.
Zecco seems a cheap solution but I haven0t tested on my own.
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