Thursday, July 7, 2011

Can You buy Stocks without using a Broker?

Just to clarify, when you go through websites like eTrade brokerage or ShareBuilder, you are going through a broker.

About Broker

If you deal directly with an agent by phone or in person, they can charge some pretty hefty fees in the order of $ 50 per trade and up. If you go by a brokerage website as eTrade, Fidelity Investments or ShareBuilder, to pay a share of trade of about $ 8 to $ 15 per transaction. Ignored row one way and avoid the large fees. Good luck!


Consider This

Learn more at "Investing for Dummies." is recommended reading for information on the websites of investment before opening an account.

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