newbie has question about brokerage firm...please help!

Discussion in 'Retail Brokers' started by globe, May 26, 2005.

  1. globe


    Hello there,

    I'm currently with and i've been there for a few years now doing swing trading. but i want to get out and go to another brokerage because I'm a lot more serious about how much I make.

    i'm looking for a brokerage that charges low commissions, allows shorting on lots of stocks and of course lvl2, and a streamer. also i'm looking for a low account balance. i don't want to have to tie up $5K yet in an account.

    i've looked at ameritrade (formerly,, ib. but i'm getting confused.

    Can you guys point me in the right direction to what is the best brokerage that you guys are currently with?
  2. otherguy


    I moved from scottrade to IB two years ago the commissions are good and order execution is excellent. However If you are planning to daytrade and or short stocks you will need $25,000 minimum in a margin account:cool: