Interactive Brokers Review – 5 Things that You Should Know Before Joining

Interactive Brokers Review – 5 Things that You Should Know Before Joining

The stock market is one of the most popular ways that you can invest your money. With more than one stock market across the globe, there are opportunities for you no matter what level of investor you are. Thanks to today’s powerful technology there are many different ways that you can get involved/

One way is by using an online stock brokerage company like Interactive Brokers. They offer its members who set up and fund the account access to thousands of stocks, mutual funds, and research. For this article, we put together some valuable information about them.

5 Things to Know about Interactive Brokers

  1. Three Powerful Trading Platforms – Interactive Brokers developed three powerful trading platforms for you to choose from, a downloadable desktop program, a downloadable mobile app (Android and iPhone), and a website portal. Each of them gives you access to a powerful dashboard that puts all of your account information at your fingertips. It also gives you full access to tons of research on trades.
  2. Level One Trading with IBKR Lite – If you are a beginner trader and looking to work your way into stock trading, Interactive Brokers IBKR Lite platform is perfect for you. It is designed specifically for the casual investor that is not actively participating. IBKR Lite gives you access to thousands of commission-free trades of stocks and mutual funds on US stock exchanges.
  3. Level Two Trading with IBKR Pro – For the more savvy, power investor, IBKR Pro gives you full access to all of the more than 130 stock markets across the globe. You have full access to all three different trading platforms including; the mobile app, desktop workstation program, and the online web-based portal.
  4. Powerful Mobile Trading – The powerful downloadable mobile trading platform is designed for the trader who wants to be able to check and manage their portfolio whenever they want. This Android and iPhone app is just ab feature-packed as the desktop workstation platform. It gives you access to your dashboard that displays the status of your portfolio and account in real-time. You can access all of the powerful research and other tools.
  5. Proprietary Algorithm – Interactive Broker also developed its powerful algorithm. Using these algorithms, they establish useful trading trends that its members all have access to. This information can be very useful when it comes to trades.

Pros and Cons

Pros of using Interactive Broker

  • 2-tier investing level
  • Access to 135 foreign stock markets
  • Multiple trading platforms available to all members

Cons of using Interactive Broker

  • The website is not very easy to navigate

Final Thoughts

Interactive Brokers is another online stock brokerage company that uses today’s powerful technology to help beginners and advanced investors. They offer three different trading platforms to help its members to manage their account portfolio. Whether you prefer mobile trading, online, or directly from your computer, Interactive Brokers has you covered.

They offer multiple commission trading options, including totally commission-free US stock trading options. They developed a powerful algorithm that helps to spot trading trends to help you get the most out of your portfolio. If you are looking to get involved with stock trading, you should check out what Interactive Broker has to offer you.

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Fidelity Investments Review – 5 Things that You Should Know Before Joining

As the economic picture continues to look shaky, more and more people are looking for ways to stabilize their finances. One of the more popular ways today is the stock market. However, it has long been viewed as the “Big Boy Club” since it is dominated by the very wealthy of the world.

Things have changed, thanks in large part to technology advancements, there has been a bit of a shift and more and more of a new generation of investors are starting to emerge. Younger people are getting involved in the stock market and fortunately, there are investment companies that are available to help anyone looking to get involved.

One of those is Fidelity Investments, one of the top-tier investment firms for more than 70-years. They offer several powerful trading options to all levels of investors, from beginners to advanced traders.

Top 5 Things to Know about Fidelity Investments

  1. Active Trader Pro® Trading Tool – Fidelity developed a powerful trading tool that gives its members access to the fully customizable dashboard. The software is available for download for both Windows OS (PC users) and Mac OS (Mac users). The dashboard puts all of the most important information about your account at your fingertips.
  2. Fidelity Learning Center – The Fidelity Learning Center is a full-service trading resource available to only Fidelity Investment members. The center includes tons of articles, classes, and webinars that cover a wide range of topics. You will also find investment coaches that are available to answer all of your questions and make recommendations for you.
  3. Trading Strategy Desk® – The Trading Strategy Desk® is another powerful trading resource that is exclusive to Fidelity Investment members. It is manned by experienced trading coaches that are available to help you navigate the many services, trading platforms, and other features that Fidelity has to offer. There are numerous session topics and session times to choose from.
  4. Works in conjunction with your voice assistant – As technology continues to advance, Fidelity Investments can add new features to its offerings. One of those is Voice Assistants and it is exclusive to Fidelities Investments. Voice Assistant works hand in hand with the most popular voice assistants like Google’s Google Assistant and Amazon’s Alexa™. It allows you to simply ask trading questions and the answers appear inside your dashboard.
  5. Mobile Trading App – Fidelity created a powerful mobile platform for its trading members to take their trading account with them. The powerful app is available to Apple iPhone and Google’s Android-enabled mobile devices. Makes it possible to make trades, check account status, look at research options at your fingertips no matter where you are at.

Pros and Cons

Pros of Using Fidelity Investments

  • Offers mutual fund opportunities
  • Access to high-level research for all investors
  • Highly customizable platform, with zero commission trades

Cons of Using Fidelity Investments

  • Doesn’t offer Forex or Futures trading
  • Very high fees for broker-assisted trading

Final Thoughts

With its 75 years in the investment industry, Fidelity Investments has the experience to help beginner investors get involved with stock trading. They offer powerful trading platforms that include desktop and mobile trading platforms. If you are looking into getting started with stock trading, Fidelity Investments would be an option worth checking out.

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Charles Schwab Review – 5 Things that You Should Know Before Joining

The stock market has always been a place where the big boys go to invest their money. However, today, there is a new generation of people who are looking to get involved. Fortunately, there is a new way for beginners to get involved in the stock market. Since most of the new generation of investors are very technology savvy, they are able to harness the power of the Internet and mobile technologies.

Another nice thing about today’s advanced technology is that even the most established stock brokerage houses like Charles Schwab can offer very powerful solutions. This article is designed to introduce the reader to what Charles Schwab has to offer.

5 Things to be Aware of Before Joining Charles Schwab

  1. Charles Schwab offers 3 different ways to trade online – Charles Schwab has made it easy for new investors to get in on the action. By setting up a trading account you will have three different ways to make your trades. You can use the desktop application, the website portal, and their mobile trading app. All three give you access to all that Charles Schwab has to offer all of its members.
  2. StreetSmart Edge® trading platform – Charles Schwab developed it powerful new trading platform known as StreetSmart Edge®. The downloadable software goes right onto your computer. It is powerful, filled with tools, and is highly customizable. It puts all of the research that you need at your fingertips and you can put all of your trades together in one, easy to use dashboard.
  3. Schwab Intelligent Portfolios® – For those investors who prefer to have the investing done for them, Charles Schwab offers their Schwab Intelligent Portfolios®. It evaluates your investment needs and created an automated portfolio and manages all of the aspects of the portfolio. Since it is totally automated you pay no advisory or commission fees for the services.
  4. Commission-free online trades – Charles Schwab does not charge any commissions for its online trading. That applies to all three trading platforms, desktop, web portal, and mobile trading app. However, it does not include any options trading, there is a small percentage attached to those types of trades.
  5. Charles Schwab provides protection against certain losses – While stock trading has never been free of risk. That means that there are no guarantees of zero losses, however, Charles Schwab does have a loss guarantee. If you have losses due to fraudulent activity against your account, Charles Schwab does offer a guarantee of recovery of your missing funds.

Pros and Cons

Pros of using Charles Schwab Investments

● Three easy to use trading platforms to choose from
● All members have access to extensive research opportunities
● Many commission-free stocks are available

Cons of using Charles Schwab Investments

● Somewhat limited access to S&P 500 stocks

Final Thoughts

Charles Schwab was founded over 50-years ago and manages assets that total over $7 trillion. Today, they are a part of the financial industry that is introducing a new generation to the stock market. Taking advantage of the power of the Internet and advanced technologies to help today’s investment beginners get involved with the stock market. If you are looking to invest some of your hard-earned money and think that the stock market is a good place to start. Take a look at what Charles Schwab has to offer you.

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