The ultimate review of online discount brokers with price per trade less than $5.These are the cheapest online brokers out there and having used them at point or the other, I must say that all of them have an excellent customer service and a very user friendly trading platform.

For traders who do not have at least $25,000 in their account, I recommend that you open account with at least two of these brokers. That way, you do not have to worry about the limitation of “Day Trading” ( It is the buying and selling of stocks/options within the same trading day such that all positions are closed before the market closes that day). When you have more than one account, you can switch to a different broker before you hit your day-trading limitation.