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Insightful stock market charts at |
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Insightful stock market charts at |
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Once you know exactly how and when you are going to buy and sell your stocks, it is then necessary to keep costs low. Basically one should consider a deep discount broker. Why pay for a full service broker if you already know which stocks you are going to buy? The following table lists the best online brokers for the Dogs of the Dow investor. From this exclusive list you can easily investigate further and determine which broker best meets your needs.
If you have any insight into any one of the Top Dog Brokers, feel free to fill out our Top Dog Brokers Comment Form. To see what your fellow Dogs of the Dow investors are saying about our exclusive list of best online brokers, check out our
Top Dog Brokers Feedback page.
If you would like to be notified whenever there is a revision to the Top Dog Brokers plus get the latest results from the Dogs of the Dow Broker Survey, sign up to the Dogs of the Dow Mailing List. It's Free!
| Brokerage1 | Market Order2 | Limit Order2 | Commission Schedule3 | Additional Fees3 | Dogs of the Dow Investor Feedback | Notes |
| Scottrade | $7.00 | $7.00 | Available | Available | Available | High customer satisfaction4 $500 minimum initial deposit. Majority of trades needs to be done on the internet to qualify for internet rate. No account maintenance fees. |
| TD Ameritrade | $9.99 | $9.99 | Available | Available | Available | $1,000-2,000 minimum initial deposit, depending on account type and any applicable special promotional offers. No account maintenance fees. |
| Fidelity | $19.95 | $19.95 | Available | Available | Available | Lower fees available based on number of trades/year and assets of account holder. $2,500 minimum initial deposit required on Fidelity Account. No account maintenance fees. (see additional fees link for details) |
| Schwab | $12.95 | $12.95 | Available | Available | Available | Possible inactivity fees for low account balances. No account maintenance fees. (see additional fees link & dig through PDFs to find out more) |
| E*Trade | $12.99 | $12.99 | Available | Available | Available | Fees vary based on number of trades per quarters and Etrade accounts balance - $1,000 minimum initial deposit required - A quarterly account service fee and other maintenance fee may be applied (see additional fees link & dig through details of fee schedule to find out more) |
1 - To be a Top Dog Broker, the brokerage in question must be relatively well known (i.e. significant market share), reputable, charge $20 or less per trade, and offer a relatively straight forward commission schedule.
2 - Commission rates are for internet based orders. Fee may be higher for trades with more than 1,000 shares per trade. Fee may also vary depending on account balance and trading levels.
3 - Always review the commission and fee schedules before applying since all commissions and fees are subject to change.
4 - Customer satisfaction based on the latest results from the Dogs of the Dow Broker Survey. If you would like to receive the latest results, sign up to the free Dogs of the Dow Mailing List.
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