| Pros |
|
| Cons |
|
If your looking for an affordable and convenient way to invest look no further. Sharebuilder is unique because it offers the ordinary "Joe" the opportunity to invest in some of the world's best blue chip companies, mutual funds and ETF's. They do this by focusing on the number of securities purchased rather than by share. This is one of the few brokerage firms that allow an investor to purchase fractional shares of a security. This is possible because of Sharebuilder's low transactions fees which are directly related to the number of different companies purchased rather than the amount of shares purchased of a particular security. This allows an investor to start investing with as little as $5 or $10 per period. Sharebuilder also offers free dividend reinvestment to help investor's accumulate shares relatively quickly. Sharebuilder offers all of the traditional services that other online brokers offer such as option trading, realtime trading, IRA accounts, etc. I have been investing aggressively for more than 10 years and Sharebuilder is one of the best online brokers.