See What Online Stock Brokers are Doing to Earn Our Business
Most people know how to buy or sell a stock, but many are too lazy to bother looking into the different features that each brokerage firm offers. Here are a few ways that an online broker tries to help its customers.
Those that offer investing tools should be given a first look. These online tools can help you identify and cross check your portfolio for weakness and help you improve on your strategies.
No one will think of credit cards when they pick a stock broker but some will give you a 2% cash back credit card which is the best in the world. Imagine that everything you buy from now on will be 2% off. Sweet right?
You might be able to do bill pay with your balance. The great thing about it is that even margin accounts are eligible, so you can always temporary borrow money at a relatively low rate to pay your bills.
Security tokens offer one more layer of security to make sure that no one is trying to log into your account without your permission. These physical keys update its pin every few seconds and is very safe.
Stock brokers really want you to use their account, so they are going to give you an ATM card and reimburse you any fees that you incur while withdrawing money through ATMs. It's really convenient.
Some online stock brokers come with physical branches, and may have employees there that can offer investment advices. They also provide face to face technical support should you have any questions with the account.
Several online brokers actually charge you trade commissions to reinvest your dividends. How outrages is that? Before you sign up, make sure you know what you are getting into.
Multiple brokers are starting to offer a high yield savings account along with the investment account. This is great because you can use it as a cash sweep account and earn high yields. - 23159
Those that offer investing tools should be given a first look. These online tools can help you identify and cross check your portfolio for weakness and help you improve on your strategies.
No one will think of credit cards when they pick a stock broker but some will give you a 2% cash back credit card which is the best in the world. Imagine that everything you buy from now on will be 2% off. Sweet right?
You might be able to do bill pay with your balance. The great thing about it is that even margin accounts are eligible, so you can always temporary borrow money at a relatively low rate to pay your bills.
Security tokens offer one more layer of security to make sure that no one is trying to log into your account without your permission. These physical keys update its pin every few seconds and is very safe.
Stock brokers really want you to use their account, so they are going to give you an ATM card and reimburse you any fees that you incur while withdrawing money through ATMs. It's really convenient.
Some online stock brokers come with physical branches, and may have employees there that can offer investment advices. They also provide face to face technical support should you have any questions with the account.
Several online brokers actually charge you trade commissions to reinvest your dividends. How outrages is that? Before you sign up, make sure you know what you are getting into.
Multiple brokers are starting to offer a high yield savings account along with the investment account. This is great because you can use it as a cash sweep account and earn high yields. - 23159
About the Author:
I love my account at Scottrade review. It's simple and there are no hidden fees so the broker is highly recommended.
posted by X - Men @ 1:53 AM
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