“A lot of people get so enmeshed in the markets that they lose their perspective. Working longer does not necessarily equate with working smarter. In fact, sometimes is the other way around.” – Martin Schwartz
Trading vs Investing
Trading is very different from investing. As the old expression goes, “an investment is a trade gone awry.” Trading typically involves much more active participation in the markets, often on an intraday or weekly basis.
If you want to trade actively, you need to keep your fees low and your technology on point. We’ve reviewed some of the most popular online brokers for trading stocks, futures, and options below.
Popular Active Trading Broker Reviews
For active stock investors and traders, tastyworks’ free closing trades and robust downloadable trading platform are very attractive.
With stock trades going as low as $3.95 with 24/7 customer service and no maintenance fees, Ally is a deep-discount broker with no strings attached.
Zacks Trade is the quintessential “active trader” broker, with ultra-deep discounts for high-volume traders. Zacks also provides access to free downloadable trading platforms and overseas markets.
TradeStation provides robust trading platforms for active traders and a tiered commission structure for stocks and futures that is the best in the industry.
