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How to Choose an Online Stock Broker

I get this question a lot – people are always trying to figure out what broker I use or what broker they should use. When you’re first learning how to trade, it really doesn’t matter what broker you use.

Get something that has good technical data, a good news feed, good execution time and good tools available for your use.

When you’re a beginner trader, it will take you some time to evolve your skills and see what kind of trading you really want to focus on. If you end up trading only stocks, there are hundreds of brokers…if you’re trading stocks AND options, there are a lot fewer choices.

Beginners, I recommend you start out with a big standard brokerage company, like a Scott Trade, E-trade, Ameritrade, etc. Get it and immerse yourself so you can develop your skills.

#onlinebroker #stockbroker #choosebroker #starttrading #pickbroker

Posted at: https://tradersfly.com/blog/which-online-stock-broker-should-you-use/

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Tradesfly is focused on me sharing my experience and knowledge about trading options. Although we include videos related to other areas of trading, the primary focus is trading options. If you are serious about learning to trade options for selling premium, creating spreads, be sure to subscribe to the channel and join our discord group.

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All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.

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