Sharebuilder

Pros
  • Low transaction fees
  • Automated investment plan
  • No minimum to open an account
Cons
  • Fractional surcharge on penny stocks
  • No frills trading tools

Overview

Sharebuilder is a reasonably priced no frills online broker. There is no minimum opening balance to begin trading, and they specialize in automated trading, where you can essentially select certain investment vehicles, contribute to it regularly and let it grow on autopilot over time. Sharebuilder is a great broker for the person who doesn’t want to get too involved in the day to day aspects of trading.

Steve White

Online Stock Broker Researcher

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