I guess I wasn't entirely sure Scottrade or Ameritrade was better, so much as Ameritrade offered some additional options, as he touched on above. I personally haven't really done much research yet. But yesterday I was searching around for some comparisons of online brokerages. I came across an
MSN Money article which I am just finishing up this morning.
It's funny that pr4wn0r mentioned OptionsXpress, because they listed that as #1 in the article. However, while reading through it, my conclusion is that you have to pick the one that falls into YOUR personal criteria. Because some are pretty awesome in a few areas but lacking in another (ie. there's no perfect all around option). Areas such as customer service, tax statements, web site,
[hidden] fees, and research to name a few.
I am going to continue doing some research, but I am leaning towards OptionsXpress at the moment. Especially now that I've heard about a real person using it!
(Thanks pr4wn0r!)
Out of curiosity, any recommendations on an initial amount to open an account with? I was considering something in the 1k-2k range, but am not sure if that's too little?