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Before you choose a broker, you need to analyze your personal investing sytle. After you know yourself and the way you invest, then you can proceed to finding the kind of broker that fits your needs. It’s almost like choosing shoes; if you don’t know your size, you cannot get a proper fit.(And you can be in for a really uncomfortable future.)
What it’s time to choose a broker, keep the following points in mind:
Match your investment style with a brokerage firm that charges the least amount of money for the service you’re likely to use most frequently.
Compare all the costs of buying, selling, and holding penny stocks, and other securities through a broker. Don’t compare only commissions. Compare other costs, too such as margin interest and other service charges.
Finding Brokers is easy. They are list in the Yellow Pages as well as in many investment publications and on many financial Web site like yahoo.com.
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