Hello Everyone, I'm an italian trader and I need some informations about a discount brokers to trade on USA stocks. I need a broker with a small commission because i want to buy o sell short 100/200 pieces for time. I selected Sogotrade and Just2trade for your slow commission. I have more questions about the USa's market. It's very different to italian market. Can you help me ? Excuse for my bad english. stefano
SogoTrade ($3.00 commission) and Just2Trade ($2.50 commission) are not very good brokers and too expensive for 100 and 200 share trading. If you are an active stock trader you want to use a direct access broker. Lightspeed charges $0.40 per 100 shares with a $0.40 minimum. Interactive Brokers charges $0.50 per 100 shares with a $1.00 minimum.
thank you so much for your reply Lightspeed commission are fantastic! also I have the possibility to open an margin accoun with a web trader tool with only 2,000$ !!
J2trade doesn't have a short list available to clients. I'll admit, I'm a little biased due to a bad experience at J2trade.
Hi stef71, I'm italian as well, and in a similar situation. I'm trying to figure out which US broker is better for us, oversea traders and how to handle taxes . May I contact you to ask your opinion on lightspeed or sogotrade? You can find me at smilingmachine@yahoo.it Thanks a lot.