{ "media_type": "text", "post_content": "Which of these is good for a beginner to open a trading account? \nFidelity\nTD Ameritrade \nMerrill Lynch\nCharles Schwab\nMorgan Stanley\nVanguard\nWachovia/Wells Fargo\nJP Morgan / Chase\nUBS Financial Services\nE Trade / Options House", "post_id": "61ae2c3631cd90002594f95b", "reply_count": 14, "vote_count": 3, "bowl_id": "553769a790f5eebe1d2a0f92", "bowl_name": "Finance" }

Which of these is good for a beginner to open a trading account? Fidelity TD Ameritrade Merrill Lynch Charles Schwab Morgan Stanley Vanguard Wachovia/Wells Fargo JP Morgan / Chase UBS Financial Services E Trade / Options House

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Fidelity and merrill edge are very user friendly.

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I use etrade and merril edge. They are both nice

likesmart

Depends on what features you're looking for. What do you want most out of a Brokerage accent? Advisory, margin, "free" trades, etc.

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TDAmeritrade (now under schwab). Good UI for desktop and mobile. Executions aren’t the best but pretty good

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I agree with VP1. FIDELITY, Merrill and I would include JPMORGAN Online investing as well.

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I have fidelity and love it.

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Fidelity, fractional shares

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Td Ameritrade is awesome, love the thinkorswim, just great amount of data… JPMC platform is super easy, but incredibly basic.

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Fidelity- good, low cost, lots of stock plans use it too TD Ameritrade- less user friendly for beginners but Thinkorswim, their power platform is great if you know what you’re doing Merrill Lynch - basic, less cost effective than the first 2 Schwab - not as user friendly last I checked. Their cash management account is great though. Morgan Stanley - will not open you a brokerage account for less than 25k under management. Good option for wealth management. Not great for trading. Vanguard - yawn, not great but not bad. Wachovia Wells Fargo - see Vanguard JP Morgan/ Chase - See Morgan Stanley but change the min to 10 mil. Chase - meh UBS - not designed for active trading. Set up for wealth management and a relationship with a banker. E*Trade - great platform. Big fan probably go for this

helpful

Fidelity is user friendly and I like their trader pro program, ability to view charts and research pretty easily

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Interactive Broker

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Thanks everyone! This is really helpful.

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