Archive for the Category Brokers

 
 

Discount Brokers Lower Fees in Battle Over ETFs

Fidelity lowers its commissions, raises the stakes in its rivalry with Charles Schwab.

From Kiplinger’s Personal Finance:

The slugfest between the two heavyweights of discount brokerage, Fidelity and Charles Schwab, is intensifying. That’s great news for investors, particularly those who favor exchange-traded funds.

Read more here.

 

Online Brokers Offer IPO Access

Some investors now can buy stock in newly minted public companies before it starts trading — but that doesn’t mean they should.

From Kiplinger.com:

Initial public offerings tend to be exclusive affairs. Underwriters usually give the first crack at new stock issues to large institutions, such as pension funds, banks and money-management firms. Individual investors generally have to wait until the shares begin trading before they can get in on the action. But some discount brokers have lifted the velvet rope.

Read more here.

 

Best of the Online Brokers

Fidelity, with a wide array of investment choices and a terrific Web site, takes top honors.

From Kiplinger’s Personal Finance:

Low commissions are great. Free trades, which some online brokerages offer, are even better. But most investors want more from their discount broker. They want a Web site that’s easy to use, tools that clarify the markets, access to stocks across the globe and some guidance when they need it.

Click here for the entire article.