Finance week 5 proj | Business & Finance homework help
1. Online Trading Academy: The Online Trading Academy requires a minimum of $10,000 to open an account and allows traders to buy stocks, bonds, ETFs and options for as little as $4.95 per trade plus additional fees that vary according to asset class or volume level. Other services provided include live market training sessions with mentors and online courses.
2. E*Trade: E*Trade can be opened with just $500, although there is no minimum balance required in order to continue trading. Price per trade starts at $0 when executing trades over the phone but rises to between $9.99-$19.99 depending on the type of asset traded over the web-based platform or mobile app ($15 flat fee for all equity trades).
3. TD Ameritrade: TD Ameritrade has a special promotion requiring only a minimum deposit of $0 for cash accounts or margin accounts with balances under$2,000; after this point price per trade begins at a flat fee of either 7$ regular stock trades or €9 if using their advanced Active Trader Pro platforms which offer more powerful analytics tools than other sites do.
Overall these three online trading sites have different requirements and prices per trade making it important for prospective traders to research each carefully before selecting one which best suits their needs
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