ShareBuilder Trading Fees and Investments Offered

* Automatic Investments: Basic plan – $4 per investment
* Standard plan – $12/month, you get 6 automatic investments and each additional is $2
* Advantage plan – $20/month, you get 20 automatic investments and each additional is $1
* $9.99 per real-time stock/etf trade
* Options: Early Exercise – $30 per early exercise, no trade commission; Automatic Exercise – $20 per automatic exercise, no trade commission
* Mutual funds: 70 free funds including the ING Mutual Funds, 170 no-load funds from leading no-load mutual fund families

ShareBuilder Pros

* Very low Automatic Investing Plans costs
* Free dividend and capital gains reinvestment
* No account minimum
* No setup and annual fee IRA and ESA accounts
* No inactivity or maintenance fees
* Ability to buy fractions of a stock
* $0 to open cash account, $2,000 for margin account

ShareBuilder Cons

* Real-time trades at $9.95 are expensive
* You don’t know at what price you are buying investments with Automatic Investing Plans
* Terrible trading tools
* Slow executions
* Few mutual fund choices

ShareBuilder Brokerage Review

ShareBuilder, which was bought by banking giant ING, is known for its automatic investing plans, which allow investors to take advantage of dollar-cost-averaging by arranging to have a set amount invested daily, weekly, biweekly or monthly. It also offers a rare feature of buying fractional shares, which could be beneficial to those investors looking to invest in very high-priced stocks, like Berkshire Hathaway.

ShareBuilder has no minimum balance requirements, no inactivity or maintenance fees, unless you subscribe to one of the monthly plans with a fee.

If you are looking to invest money automatically or dollar-cost-average your investments then you might give ShareBuilder a shot. But remember: you don’t know and don’t have any control at what price you are getting your investments. This could end up costing you dearly. If you want to buy stocks/ETFs at your price you will have to pay a steep $9.99 per trade.

Link To Current ShareBuilder Promotional Code

Use promo code mentioned to open new account with at least $200 to receive $50 credit (promo code BUYSTOCK).

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