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Ask HN: Advice on good stockbroker / trading platform
I am day trading and want certain features from my broker.
I'm currently on a spread betting provider because it offers a lot of features:
5:1 leverage
Able to buy part of a stock
Long/short both allowed
Stop loss facility
*Trade any stock on the NYSE
But there's a single problem: The provider has fees based on a spread, which can range from $30 a stock to $300 a stock. Per day.
So I want a broker with the 5 above features, but fixed fees, say $10 or $15 a stock. Then I can make a good profit.
Does anyone know of such a broker in the USA? (CFDs don't count because you can only trade select stocks).
The reason I didn't post to Quora is that most replies about stock trading tend to be close to gibberish.
Finally, just a note: Google fails utterly to find any brokers with the above features. The search results are just a load of garbage.
By the way, predictsoft is not the name of my company.