Investing your money is a big step and you want to make sure your money and orders are in the right hands. It can also be a very expensive process. Using a good discount broker can save you money and help you out a lot.
Sharebuilder is one of the top, online discount brokers and the broker I’ve trusted for the past 3 years. They have fees as low as $4 per trade for automatic investment plans. If you set up an investment for the third Tuesday of the month, you’ll only pay $4. This is a great feature if you’re doing regular investments in order to get the best prices.
Real-time trades cost online $9.95 each, which is lower than other discount brokers and much lower than traditional brokerage firms. I mainly use the $4 automatic investment plan because it gives me the most bang for my buck and I don’t do a lot of trading. However, $9.95 is also a great trading price.
Types of Accounts
You can make many different kinds of investments with Sharebuilder. You can place market orders for stocks of individual companies or invest in ETFs, mutual funds, IRAs, and more. You can open up an individual account, joint account, or a custodial account.
Research Tools
Sharebuilder also offers a lot of good research tools to help you out. Research is critical for stock market investment success. Learn what you need to know to build an investment strategy and use the tools to help you go through with your plan.
Security
Security is very important when it comes to money, especially when the money is being handled over the internet. I’ve always been wary about sending out personal information and sending my money to websites. Fortunately, Sharebuilder has many points that help keep your cash as secure as possible.
- Sharebuilder will not sell your information to others.
- They use industry standards to protect your login information and security.
- They use physical, electronic and procedural safeguards, including data encryption and secure socket layer technology.
- They update and test their technology regularly to maintain and improve the protection of your information.
- They restrict access to your personal information to employees and service providers for legitimate business purposes to assist in providing services to you.
These are all very important security features to you and to Sharebuilder. I know they made me more comfortable about setting up an account with Sharebuilder. I have never had any security issues, or issues at all, with Sharebuilder.
Simplicity
Finally, Sharebuilder is incredibly easy to use. Even the most novice computer user will get a handle of it pretty quickly. Setting up your orders and tracking your investments will be a breeze.
If you are looking for a good online brokerage firm, sign up with Sharebuilder here to get everything you need to start investing.