Are you finding it hard to decide what trading company you should go with? They all are fairly similar when you look at them from an online standpoint, but what about performance? What can you really expect to get from the top companies in the industry? This guide will help you decide what companies you should consider if you are thinking about trading stocks in the near future.
#3. American Trading Consultants LLC
Advantages of using American Trading Consultants LLC
• Free 1 on 1 training and education to help you learn how to invest in stocks better
• Technical Support offered 24 hours a day
• Software available on all mobile devices including Android smart phones
• Best Education for Beginners - Step by step guides on how to start today
• Free 1 on 1 training and education to help you learn how to invest in stocks better
• Technical Support offered 24 hours a day
• Software available on all mobile devices including Android smart phones
• Best Education for Beginners - Step by step guides on how to start today
Disadvantages of using American Trading Consultants LLC
• Newer Company - New to most players on the online market
• No Pricing Listed on Website - you have to call to get a quote or send an email using their contact form
• No video tutorials - On the site it says they will have "videos coming soon"
• Newer Company - New to most players on the online market
• No Pricing Listed on Website - you have to call to get a quote or send an email using their contact form
• No video tutorials - On the site it says they will have "videos coming soon"
#2. TradeKing
Advantages of using Trade King
• No account maintenance fees
• Free Broker Assistance
• Offers Fee Option Trades
• No account maintenance fees
• Free Broker Assistance
• Offers Fee Option Trades
Disadvantages of using Trade King
• Ranks last in usability - Platform does not perform like some of the other competitors
• Mobile Version does not work on Android devices, if you want to trade with Trade King, you must have an IPhone
• Doesn't offer 24/7 technical support - There support team is only available during regular business hours
• Ranks last in usability - Platform does not perform like some of the other competitors
• Mobile Version does not work on Android devices, if you want to trade with Trade King, you must have an IPhone
• Doesn't offer 24/7 technical support - There support team is only available during regular business hours
#1. Options Express
Advantages of trading with Options Express
• No account maintenance fees
• Technical Support offered 24 hours a day
• Easiest trading platform to use
• Has the most investment options and tools
• No account maintenance fees
• Technical Support offered 24 hours a day
• Easiest trading platform to use
• Has the most investment options and tools
Disadvantages of trading with Options Express
• Market, Limit, and Option Fees are about $4.00 higher per trade than both other companies
• Does not allow fee option trades
• Retirement Investing is not offered - Retirement investing is important to most traders. Although, they don't offer retirement, They Do offer a lot of alternative investments that the other don't
• Market, Limit, and Option Fees are about $4.00 higher per trade than both other companies
• Does not allow fee option trades
• Retirement Investing is not offered - Retirement investing is important to most traders. Although, they don't offer retirement, They Do offer a lot of alternative investments that the other don't
All 3 companies have their own advantages and disadvantages; it is up to you to decide which company has the perfect fit for you and what you need out of a firm. If you a night trader, you want 24/7 support and if your trading frequently, you want lower trade fees. Make sure the company that you choose to go with, you can grow with.
