With the advent of online brokerage firms, trading stocks has become faster, easier, and more convenient. These online firms allow people to have the knowledge and guidance of experts at their fingertips when making trades, should they need it. Making trades without the assistance of online brokers is also possible if investors are confident in their trading decisions. Those more experienced in the stock market often choose to use online brokerage firms without the per trade option of expert assistance, due to the higher charge that comes with help from these brokers.

With the advent of online brokerage firms, trading stocks has become faster, easier, and more convenient…

These online firms allow people to have the knowledge and guidance of experts at their fingertips when making trades, should they need it. Making trades without the assistance of online brokers is also possible if investors are confident in their trading decisions. Those more experienced in the stock market often choose to use online brokerage firms without the per trade option of expert assistance, due to the higher charge that comes with help from these brokers.

The fees that the online brokers charge for their assistance varies from one online brokerage firm to another, with E*Trade charging some of the highest assisted trade fees at $45, and First Trade offering some of the lowest assisted trade fees at $26.95. E*Trade, however, only requires a minimum deposit of $500, whereas Fidelity requires $2,500. Some online brokerage firms even have branch locations across the nation, so that their clients can work both online and in person. For help deciding between Fidelity, E*Trade, Schwab, and the other major online brokerage firms, just answer the questions below.