Sharebuilder

Sharebuilder Reviews



Overall 4 star rating3.96 of 5 (by 26 users)



Sharebuilder Review Summary

Most agree that investing is a smart idea, but some feel their investment knowledge is limited and they don’t know where to turn. This is where Sharebuilder can help. This online brokerage service offers an easy to use web site, inexpensive trades, and great investor tools. Sharebuilder is designed for the novice investor and it guides investors through the buying and selling process from start to finish. One exception to the inexpensive trades with Sharebuilder is its real- time trades, which can get more costly due to the precision timing of buying and/or selling. But Sharebuilder is considered “A Great Way to Get Started With Investing in Stocks” and it is one of the most popular Online Brokerages for newer investors who feel they need a guiding hand.
46% of people rated Sharebuilder  as 5 stars
46% of people rated Sharebuilder  as 5 stars%
46%
35% of people rated Sharebuilder  as 4 stars
35% of people rated Sharebuilder  as 4 stars%
35%
4% of people rated Sharebuilder  as 3 stars
4% of people rated Sharebuilder  as 3 stars%
4%
No one rated Sharebuilder  as 2 stars
No one rated Sharebuilder  as 2 stars%
0%
15% of people rated Sharebuilder  as 1 star
15% of people rated Sharebuilder  as 1 star%
15%
85% 85% of people recommend Sharebuilder 15% of people don't recommend Sharebuilder 15%
 

Sharebuilder Comparison

5 star rating Most Helpful
Favorable Review
DEC
7
2008
The main concept with ShareBuilder that makes it unique is that it is a discount broker that allows you to purchase partial shares. While their commissions are low (from $9.95 to $1 per trade); being able to buy partial shares is the true innovation they've given to the amateur trader. A partial shareholder... review »
2008 Reviewer
Every day computer user, an moderate investor

Customeright
Orlando, FL
Did you find this review helpful?
 
 
1 star rating Most Helpful
Critical Review
AUG
11
2009

I wanted to love Sharebuilder but unfortunately this service ended up costing both me, my boyfriend, and who knows how many investors hundreds of dollars because the site apparently could not handle large volumes of activity that naturally occur during rallies and other times of high trading.

During...

review »
reviewer 2009 Writer
Every day computer user, an aggressive saver

dbm82
Chicago, IL
Did you find this review helpful?
 
 

Sharebuilder Ratings and Reviews

items/page: 15 | 30 | 50 displaying 1 to 13 of 26 sort by: most helpful | date | rating


6
helpful
votes
a low risk investor, on a strict budget, impressed with this product, appreciative of good service

OCT
17
2008

First came my ING Direct saving account and ultimately a promotional offer whereby I would get $25 for branching out into a Sharebuilder venture.  Such a deal was enough to seduce me and I've never looked back since.

My poison (I mean, stock) of choice is Whirlpool and every month $100 is automatically transferred from my checking account at Charter One to Sharebuilder to buy WHR shares.  (There is a nominal charge per trade, I think it may be four or five dollars).  So far, everything has worked perfectly (wait a minute, I have to knock on wood!) and even the latest economic adversities have...

review »
Did you find this review helpful?
 
 
5 star rating
2009 VIP
AnnaBanana
Oak Park, IL



5
helpful
votes
Every day computer user, an moderate investor

MAY
11
2009

 

Investment is important to a solid financial strategy, yet many people forgo investing due to lack of knowledge. If you would like to get started on building a portfolio but would like some assistance, there is one web site that can help you get going for relatively low cost. The site is Sharebuilder.com an on- line financial brokerage service.  

Brokerage Commentary:

Sharebuilder.com offers investment accounts, online trading in real time, investment research, and most all of the other tools normally associated with an online brokerage company. In addition, it also offers credit reports, insurance,...

review »
Did you find this review helpful?
 
 
4 star rating
2009 VIP
Bryan-Carey
Houston, TX



2
helpful
votes
Investing newbie, practical, a bargain hunter, married, Every day computer user

NOV
20
2007
I have always been too intimidated by the market to start investing in stocks.  My friend who is a financial planner has told me that if you don't have several thousand ready to invest, going through a pro doesn't make a lot of sense.  Sharebuilder allowed me to start investing monthly for the price of a pair of shoes.  It's a great way to get in the game for a small investor looking to make long-term, dollar cost average buys.  Can be pricey if you want to sell frequently, but I don't recommend it for that kind of investor.
Did you find this review helpful?
 
 
4 star rating
reviewer
marycam
San Antonio, TX



2
helpful
votes
value conscious, married, expecting good, fair service, Every day computer user, a busy person

DEC
12
2007

"Investment Plan" buys for only $4.00 a pop.  Great for starters, but one should build up their money in the "Money Market" account before placing a trade.  Buying one share of stock at a time at $4.00 translates into $400.00 commission on 100 share blocks. 

They started charging for "enhanced" services a year or so ago that used to be free, but you can still have a "basic" account with no monthly fees. 

Margin rates upwards of 11% can cut deep into profits if you are not careful.  They also do not allow you to buy all stocks available.  If they don't like a stock, you can't buy it.  Investment...

review »
Did you find this review helpful?
 
 
4 star rating
reviewer
BigBen
Tacoma, WA



1
helpful
vote
Every day computer user, an aggressive investor, on a strict budget

MAR
28
2008

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...

review »
Did you find this review helpful?
 
 
4 star rating
reviewer
dcmarsh2000
Torrance, CA



1
helpful
vote
a low risk investor, saving a little, on a strict budget

DEC
9
2008

I highly recommend Sharebuilder for beginning investors. The automatic investment plan works amazingly for me, but it may not be right for more aggressive or advanced investors. Basically, it lets you invest money every Tuesday for a real cheap price - if you are willing to buy on that schedule then it is the best bang for your buck. I am in it for the long term, so waiting for Tuesdays to invest is easy for me.

Also, it is very easy to use, reliable, great customer service, and addictive to check every hour. I have heard a lot of more advanced investor's complain - but for me, it is just right!...

review »
Did you find this review helpful?
 
 
4 star rating
2008 Contributor
JDories
Indiana, PA



1
helpful
vote
willing to pay more for quality, value conscious, practical, technically savvy, a busy person

AUG
20
2007
I have been using Sharebuilder since March of this year.  I really like the company and the site because it is very secure, easy to use and personally configure and ful of good information, very easy to naviagate the site.

I find their analysts reviews accurate for the most part.  It is the most inexpensive site I have found that has such a good lay out and services.

Did you find this review helpful?
 
 
5 star rating
leapin4lizards
Mohnton, PA



1
helpful
vote
an moderate investor

NOV
23
2008
ShareBuilder fails on multiple fronts. Charts are terrible. Research tools are non-existant for basic account holders. Finally, the lack of true limit order trading is a death blow.

Overview
Registration - A
Trading - F
Charts - D
Research Tools - F
Commissions and Fees(Pass/Fail) - Pass

Read my full review of ShareBuilder and other major online brokers at http://onlinebrokerreview.blogspot.com/


Did you find this review helpful?
 
 
1 star rating
2008 Contributor
OnlineBrokerReview
Hoboken, NJ



D
saving a little

DEC
9
2008

Sharebuilder (now a part of ING Direct), is a great service for people like me. I am a young professional with little experience with, or for that matter, interest in investing. That said, I do want to begin to take control of my finances and make smart, albeit rather small invests with the option to increase investments later. For this, Sharebuilder is the perfect choice. I have it set up so that my checking account sends a small payment each week to my Sharebuilder account (note: if you choose this, make sure you set it up as an "ACH" on the Sharebuilder side, and not a transfer/wire on your...

review »
Did you find this review helpful?
 
 
4 star rating
reviewer
bbuscher
New York, NY



D
saving a little

APR
18
2009

I bagan using Sharebuilder in January 2009.  I have a 401K account through work that has been doing terrible over the last year like everyone else's is doing.  My husband talked me into getting into the market with Sharebuilder on a small sacle now that the market is as close to zero as you can get.  We started small with $100 a month and are now at $200 per month.  I received a bonus at work and put it into the account and we decided to not try and guess individual stocks that would go up, so we picked some ETF's (Exchange Traded Fund).  We feel like we almost know what we are doing, as the...

review »
Did you find this review helpful?
 
 
5 star rating
reviewer
zeusal1
New Smyrna Beach, FL



D

AUG
13
2009

I have been investing with Sharebuilder for over six years now. I have found their fees to be reasonable, compared to other online brokers that I have had experience with. Recently, Scottrade tried to solicit me away from Sharebuilder. I asked Sharebuilder whether they would match the investment rates of this competing broker. They were not willing to do that, but they did offer me me three months of the advantage rate plan (for free). You can invest in many mutual funds, most US stocks, some foreign options, and many initial public offerings. Rates run $4 per pre-planned investment, and have recently...

review »
Did you find this review helpful?
 
 
4 star rating
reviewer
Alxsteele
Ballwin, MO



D
Every day computer user, on a strict budget, saving a little, quality conscious, brand loyal in some cases, thinks outside the box, into trying new things

AUG
23
2009

I opened my Sharebuilder account about 5 years ago. One of the best financial decisions I've ever made!  Now that they are partnered with Ing it's even better. Sharebuilder is best for investors who just want to build up a basic retirement  portfolio.  Think long term, buy and hold.  Not that good a choice if you will be doing a lot of transactions every month a la day trader.

I use the automatic option and try to stash some money each paycheck and then once a month purchase small amounts of a number of stocks.  At first I was using the standard $4 per trade, but recently switched to the...

review »
Did you find this review helpful?
 
 
5 star rating
2009 Contributor
madlila
Moundsville, WV



D
Do-it-yourself investor

DEC
18
2007
I started investing with Sharebuilder in 2003 for myself, my wife and my children. We don't throw away good stuff when we are done with it. My wife sells it and I take the proceeds and divide them up for the kids. Once they have a little egg, we throw the money into Sharebuilder and I look for good quality long term investment stocks for their future. Once they are old enough, I have them do the work on the account and they get to learn about finance from their childhood, making them money conscious consumers of the future.
Did you find this review helpful?
 
 
5 star rating
reviewer
flyinbryan
Indian Head, MD



Reviews of Sharebuilder

1  2  
Buttons_next
 

Start a New Discussion about Sharebuilder