SogoTrade Referral

Best Brokerage for New Investors IMO

For investors just getting started, the $3.00 commissions at SogoTrade are ideal. If you were to invest $1000.00, you would need a return of 0.6% to pay off the commissions at SogoTrade. That is far cheaper than the 2.0% returns required for break-even at eTrade and other brokerages.

I have had a good experience placing STOP, MARKET, and LIMIT orders at SogoTrade thus far. I find their website to be very easy to use and quick. Of the three brokerages, this is my favorite.

Zecco Referral

$20.00

Zecco is a great brokerage for users with accounts of at least $25,000. The main benefit is that you receive 10 free trades per month, no hassles! Moreover, its commissions for other trades is only $4.5 which is far below many of its competitors. I have purchased options and stocks through Zecco and have been happy with the experience. The only negative is the minimum for the free trades. It used to be free trades all around.

After succesfully signing up and funding your account through me, I will email you a $20.00 Amazon.com gift code.

Scottrade Referral

3 FREE Trades

The number one ranked investment community in 2007 by J.D.Power & Associates, Scottrade is a great, reliable choice. Trades are priced at $7.00 per trade which is one of the industry's lowest rates. They do not offer promotions often, but do have a referral program which will provide you with three free trades, a $21.00 value. If you are thinking about joining Scottrade, request a referral before you become invalid for other promotional offers. For this program, I also receive three free trades.

Request a Referral