Which brokerage account is best for me?

I have never invested a real money before in stock market/options, etc.
With current economy downturn, I think its a good opportunity (with due care) to get as soon as the economy shows some signs of recovery.

I have considered many popular brokerages (Ameritrade, Scottrade and lesser known ones as well). Currently I am test driving thinkorswim and I like it a lot. What I like in particular is the software, tools within it, and even though I intend to stay clear of risky invesments like forex and options for now, I think it’s a great way to learn about these investment vehicles without the risk. All-in-one platform is also enticing.

Can someone recommend other brokerages and also opinions about thinkorswim, as to whether it would suit me. Reason I ask because, I think many people with little research just go with TV advertised brokers (Ameritrade, Scottrade, etc.) while possibly missing out on better platforms that are considered for pros, while competitive and cheaper than the above
Oh, and please, no answers like, "don’t gamble", "options are risky", learn about investing at www.i-love-to-spam.com etc. I think I covered these issues in my question. Question is which brokerage. Thanks!

For a beginner or someone who just wants to trade and doesn’t care about the extras, then Scottrade is the best one.

4 Responses to “Which brokerage account is best for me?”

  1. Repairmanjack on March 9th, 2010 at 3:19 pm

    Vanguard. Buy index funds. Invest, don’t gamble.

    http://www.saveyournestegg.com is a great site to learn how to INVEST.
    References :

  2. For a beginner or someone who just wants to trade and doesn’t care about the extras, then Scottrade is the best one.
    References :

  3. I agree, Scottrade is good if you’re starting to trade. I believe they have relatively the lowest commission fees per trade.
    References :

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