March 11, 2019
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TITLE: My Favorite Online Stock Brokers to Use in 2019
DESCRIPTION:
It’s important to choose a good broker before you start trading. But with so many options, how do you know which broker to choose?
I use 2 different brokers. While neither of them are perfect, no broker is. They’re both safe, and safety is key — far too many people ignore the risks.
Some brokers have ridiculous fees they expect you to pay. Some aren’t stable enough and shut down. And offshore brokers offer incredible “advantages” to entice you but in reality are extremely dangerous.
That said, I wouldn’t go with a prop firm.I wouldn’t go with an offshore broker. I wouldn’t use startup brokers or those that are commission free. They might save you $5 or $10 on commissions but then you lose money due to lacking services and crappy executions.
I want to really emphasize this: There’s no such thing as a perfect broker.
You get what you pay for. If you want to cheap out on your broker, it can cost you more in the long run. Same goes if you cheap out on your education.
Everyone wants to take short cuts and save money — but you need to think about the future. Think about what will benefit you in the long run. Invest in YOURSELF.
The proper education, mentorship and resources can make all the difference. Your mindset and attitude also come into play. If you expect to attain success by cutting corners and cheaping out, I wish you luck.
What brokers have you looked into? Are you willing to invest in yourself and the proper resources? Leave a comment below and let me know!
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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*
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* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here
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