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Wednesday, August 4, 2010

Stocks Investing tips - How to choose your broker

This post is for the beginners of stocks investing.

For starting online trading the first thing one needs is broker, this can be fulfilled by choosing a broker who knows you, or you can go for any of the top brokerage houses, for list of top brokers available click here.
and one should prefer one of these brokers.

Always give preference to online stock trading over telephone trading or some other method of stock trading, The reason for this is simple that online trading has highest transparency, and very minute chances of getting duped by your broker.

For most novice investors, it is much much better to go with beginner-friendly brokers. The brokers geared for professionals offer lower trading fees and some advanced tools, but this will most likely just confuse beginning investors.

However still your mind is the best analyst according to me.

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