How to Pick the Best Broker to Buy Stocks Online

With increasing frequency, investors are turning to Web-based platforms in order to buy stocks online. However, it's rarely a simple matter to pinpoint the best choice of brokerage firm.

In fact, the top candidate will depend in large part on the particular use of the brokerage account. As an example, a long-term investor who trades rarely should be more concerned about the dependability of the broker than the fees charged for each transaction.

Even in the case of a particular type of trader, the best choice will depend on a number of factors. For instance, one popular firm charges a fixed fee regardless of the number of shares traded. In that case, an account with this firm would be useful for a trader with a smallish portfolio who buys and sells a lot of low-priced stocks.

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