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Introduction to the Stock Market

On-line Brokerage Services

The list of on-line brokerage services is growing by the day. Below is a listing of some of the more prominent brokerage services and day trading shops currently available. Prices will vary considerably. Overall, there has been considerable downward price pressure. We believe that this trend will continue - presenting favorable trading and investment opportunities for small investors. It pays to shop around before selecting a firm. Some firms are even offering up front incentives and bonuses for new customers.

•   E*Trade.com - The firm that helped free the electronic genie from the bottle.

•   Empire Financial Group - Self-professed deep discount broker for active traders.

•   StockTrading.com - Bright Trading, Inc. offers local trading offices in selected cities for professional day traders.

•   On-Site Trading.com - Caters to trading professionals.

•   DayTrading.net - Professional day trading firm.

•   Merrill Lynch - Among the largest of financial services firms - but among the latest in establishing an electronic presence.

•   Charles Schwab - The original discount pioneer.

•   AmeriTrade.com - Rapidly growing low priced electronic broker.

•   Datek On-line - Fast and inexpensive on-line trades.

•   Quick & Reilly - Another first-generation discount broker.

•   Dreyfus Brokerage - Noted for its mutual funds - also offers online services.

•   Investrade.com - Another deep discount electonic broker.

•   Fidelity.com - No list would be complete without the mutual fund giant - now also offering online trading with reasonable commission schedules.

•   Olde Discount.com - Traditional brokerage firm.

•   Harris Direct - An affiliate of Donaldson, Lufkin & Jenrette.

•   Live Trade.com - Caters to professional day traders.

•   All-Tech - Offers the Attain professional trading system - focuses its services on day trading professionals.

•   Scottrade.com - Nationwide deep discount electronic trading firm.

•   R.J. Forbes - Another discount brokerage firm.

•   Brown & Company - Offers extremely low commissions for those who meet its minimum criteria.

•   Wall Street Electronica - Bi-lingual (Spanish - English) trading option with reasonable commissions.

•   Discover Brokerage - On-line trading services and so much more - large financial services firm created through the mergers of investment giants Dean Witter and Lombard, Morgan Stanley.

•   Castle Online - Day Trading specialists with a host of tools.

•   Regal Discount Securities - Offers electronic trading services augmented by live brokers.


 
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