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December 7, 2007, Newsletter Issue #95: How to Choose an Online Broker
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Tip of the Week
Consider the following before you sign up with an online broker:
1. What mutual funds does the broker offer?
2. Is there an office close to you?
3. Are there a minimum number of trades required per year?
4. Is there a minimum initial investment required?
5. Is the user interface quick and easy to understand?
6. What educational tools are offered?
7. Can you get advice for an extra fee?
8. Is there a discount for frequent trading?
9. Is the customer service department easy to work with?
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