It is a very good feeling to save some money in business
but what would be more amazing and astonishing than an option of free online
trading. Normally commission of the online trading platforms ranges from $3 to
$10. However, there are certain online trading platforms which offer the
facility of free trading online. Let us see the best options in this regard:
Platforms like Robin Hood and Loyal 3 provides the
opportunity of free online trading to new entrants. For example, Robin Hood
offers access to about 5,000 stocks and exchange-traded
fund trades. It will cost you zero
commission and in my opinion it is a very good option for anyone who is just
starting his online trading business.
Another good option on this part is
Loyal 3 which provides the facility of free trading but in a limited number of
stocks. Yet, it is a handy opportunity for growth of online trading business.
However, these online trading platforms don’t provide access to mutual funds
and do not give the option of retirement accounts.
On the other hand, there are some online
trading platforms which provide free promotions for free trading online. USAA
is a renowned name in this context which provides initial free online trading
to the beginners. Another online trading platform is Scot trade which does not
directly gives the option of free trading online but it has the option of
referral program through which you can earn money by referring it to your
friends or dear ones. USSA offers 50 free trade options for each new account.
Other plat forms like Options House,
E-Trade, Firstrade, Trade King and TD Ameritrade offer free trading online at
zero cost to new entrants. Such opportunities are handy if you are planning to
enter the arena of trading online.
No comments:
Post a Comment