With ShareBuilder, you can set up recurring scheduled investment purchases. For example, you may want to invest $100 in a particular mutual fund for an IRA each month. This broker allows you to do so automatically.
This is a great feature for continually building wealth and to discipline you to put some money aside for investing. You can set the automatic investment for each month or week or whatever frequency with which you are comfortable.
ShareBuilder offers market trades for just $4 per trade (when participating in a ShareBuilder plan). Limit trades range from $15.95 to $19.95.
This online brokerage offers stocks, mutual funds and exchange–traded funds; however, they don’t offer options or any fixed income investments.
ShareBuilder has many of the practical investing features the top–rated online brokers offer; however, we found the websites and features somewhat more difficult to navigate and use.
Manufacturer: ShareBuilder
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