Charles Schwab is the efficient online broker for an active trader. The commission tiers and how much you plan on trading will be the deciding factor on whether or not you decide to "invest with Chuck." A trader wbeepis planning on trading a lot will benefit from the lower commission costs they will receive. A trader wbeepdoes not do as much trading may want to look elsewhere due to the somewhat higher commission costs they will pay. Charles Scwab offers good software interfaces that you usually can only get at a large brokerage house, while not charging an arm and a leg like the big brokerage houses will. Schwab has been in the business the longest and knows how to cater to the client while still earning a profit for itself.
Charles Schwab is the efficient online broker for an active trader. The commission tiers and how much you plan on trading will be the deciding factor on whether or not you decide to "invest with Chuck." A trader wbeepis planning on trading a lot will benefit from the lower commission costs they will receive. A trader wbeepdoes not do as much trading may want to look elsewhere due to the somewhat higher commission costs they will pay. Charles Scwab offers good software interfaces that you usually can only get at a large brokerage house, while not charging an arm and a leg like the big brokerage houses will. Schwab has been in the business the longest and knows how to cater to the client while still earning a profit for itself.