Online Stock Trading

Company	Market Order	Limit Order	*Minimum Investment	Research
ShareBuilder.com	$4#	N/A	$0	yes
E*Trade	$14.95	$19.95	$5,000	yes
Schwab	$29.95+	$29.95+	$5,000	yes
Harrisdirect (CFSB)	$20.00	$20.00	$0	yes
Ameritrade	$10.99	$10.99	$2,000	yes
TD Waterhouse	$12.00+	$15.00+	$1,000	yes
Datek	$9.99+	$9.99+	$500	yes
Accutrade	$29.95+	$29.95+	$5,000	yes
Quick&Reilly	$14.95+	$19.95+	$0	yes
Scottrade	$7.00	$12.00	$500	yes
Merrill Lynch	$29.95+	$29.95+	$2,000	yes
My Discount Broker	$12.00+	$12.00+	$0	yes
Investrade	$7.95	$11.95	$2000	yes

*Almost all of the companies reduced their minimum to $0 if you are starting an IRA.
#Sharebuilder complete trades daily. Buy or sell orders are not immediate. They also offer a $15.95 option for immediate trades.
+These companies charge extra fees for trades exceeding a specified number of shares (example: .03 for each share you want to buy over 3000).
Read company's terms and conditions before investing. Minimums and fees change frequently. Check with individual brokerage. For informational purposes only

Stock Definitions
Diversification Vanguard Not putting all your eggs in one basket
Financial Planning 1. Establish goals 2. Gather data 3. Analyze Data 4. Develop plan 5. Implement plan 6. Monitor the plan
Asset Allocation Strong The proper amounts of stocks, bonds, cash, etc... set to your risk level
Dollar Cost Averaging Strong Investing money on a regular basis (monthly, quarterly, etc...)
Options Chicago Board Used to take a position on the market in an effort to capitalize on upward or downward movement
Investment Terms Could not find what you were looking for? Click on this link to go to a comprehensive investing dictionary

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