Several people have asked me my opinion on the best online trading platform for
Nevertheless, it is a basic investment platform, and once I mastered Sharebuilder, I wanted more complexity because there are so many different strategies in making money with online trading that Sharebuilder didn't offer. Plus, Sharebuilder limits you to mostly stocks, and doesn't give much option for bonds, currency trading, mutual funds, etc.
I thought I found my answer in OptionsXpress - which offers pretty much all of the exotic transactions above including futures trading. But it became pricey over time and sometimes I feel that it offered me almost too much information - and it eventually became confusing!
Charles Schwab is the most cost effective and is definitely a good runner-up.
But I think Sharebuilder is the most user-friendly and not overly expensive, which is why I give them the nod as the best online trading platform.