Picking a good online stock broker very much depends on the type of trader you are.
Are you a confident market trader who really just needs to get your trades executed quickly and easily at the lowest cost or do you require more hand holding? Perhaps you are also looking for investment advice or are interested in more complex transactions like options.
If you intend to make all your own stock trading decisions it’s unlikely you will need a full service broker. The services on offer at the different types of broker may differ so you need to be aware of what you should be looking out for.
To help you we have compiled the online stock broker reviews below so you can decide which best fits your individual needs. We encourage you to look at numerous stock brokers so you’ll be in a better position to make an informed decision.
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OptionsHouse Rating: 
Rating:
Website: www.optionshouse.com
Fees: $2.95 / stock trade , including Broker assisted. Options from $5 / trade
Account Minimums: None
Transfer Fees: Up to £100 reimbursement on transfer costs.
Virtual Trading: Yes
Trading Platorm: In house no frills, easy to use platform
Tools / Resources: Streaming charts, news and analysis
Customer Service: Very good! Barron’s 2009 Online Broker Survey ranked them #1 in trade experience
See Our Full OptionsHouse Review Here
STOP PRESS!! Get 100 Commission FREE trades if you sign up with promo code FREE100 before April 30th 2010!
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OptionsXpress Rating: 
Rating:
Website: www.optionsxpress.com
Fees: From $9.95 / stock trade.
Account Minimums: None*
Transfer Fees: Up to £100 reimbursement on transfer costs.
Virtual Trading: Yes
Trading Platorm: Xpress Router trading technology for fast, accurate, competitive price quotes.
Tools / Resources: Split level training guides covering Options, Futures, Stocks, Bonds, Mutual funds & ETFs
Customer Service: Recognised by Barron’s, Forbes, Kiplinger’s and Smart Money as one of the world leaders in online stock trading.
See Our Full OptionsXpress Review Here
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Scottrade Rating:
Rating:
Website: www.scottrade.com
Fees: $7 / online stock trade ,$17 / trade by phone, $27 Broker assisted, +£1.25 per Option.
Account Minimums: $500*
Transfer Fees: Up to £100 reimbursement on transfer costs.
Virtual Trading: Yes
Trading Platorm: Website, Mobile & Elite platforms
Tools / Resources: Investment education, know how news and interactive learning
Customer Service: J.D. Power and Associates has ranked Scottrade the ‘Highest in Investor Satisfaction with Self-Directed Services‘.
See Our Full Scottrade Review Here.
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TradeKing Rating:
Rating:
Website: www.tradeking.com
Fees: $4.95 / stock trade, including Broker assisted. Options +$0.65 / trade
Account Minimums: None
Transfer Fees: Up to £150 reimbursement on transfer costs.
Virtual Trading: None available
Interface: Clean and easy to use. Few distractions, browse your account balances, holdings, gain and losses
Tools / Resources: Technical Analysis suite and Maxit Tax Manager!
Customer Service: Barron’s gave TradeKing 4 stars for outstanding tools, customer service, social media, usability and cost in 2007 and 2008, and Best For Options Traders in 2008 and 2009.
See Our Full TradeKing Review Here.
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TradeMonster Rating:
Rating:
Website: www.trademonster.com
Fees: $7.50 / stock trade ,$12.50 / per Option.
Account Minimums: None*
Transfer Fees: N/a.
Virtual Trading: Yes
Trading Platorm: Extensive and advanced trading strategy and predictive platforms.
Tools / Resources: Excellent training guides for options trading.
Customer Service: Very good.
See Our Full TradeMonster Review Here.
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Zecco Rating:
Rating:
Website: www.zecco.com
Fees: $4.50 / stock trade. 10 free with 25 trades / month or $25,000 balance. Options +$0.50 / trade. Broker assisted: $19.99 / stock trade.
Account Minimums: None except to qualify for free trades
Transfer Fees: N/a
Virtual Trading: Trading Game
Interface: Comprehensive user interface
Tools / Resources: Markets, quotes, stock screener, Analytics, community forums and blog
Customer Service: Good.
See Our Full Zecco Review Here.
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