Trading Direct
Swing trading is one of the more popular ways of earning money in the Stock Market. However, in order to be successful at swing trading, the investor must have a broker who can meet his needs. There are different brokers for different types of investors. For swing traders, a special type of broker is needed. Trading Direct is one of those special type of brokers. In fact, for swing traders, Trading Direct is one of the best brokers to have.
Accessibility:
Trading Direct is primarily an online broker. It is the internet division of York Securities, Inc., a pioneer in discount brokerage. As online brokers go, Trading Direct offers its services via the internet. The company has its headquarters in New York City and can be reached by mail and telephone, should the customer wish to do so. But as it is an arm of York Securities, it is treated independently, so the physical offices of York Securities, Inc., does not serve the clients of Trading Direct. This is because Trading Direct doesn’t need a physical office for the service that it specializes in. Trading Direct serves over 200 countries and allows investors to trade in various major Exchanges worldwide.
Services:
Trading Direct specializes in serving the needs of swing traders. Its main features are its limit and market orders for only $9.95 for ANY number of shares, as well as its no minimum account requirements. These are very attractive offerings for swing traders who make money by buying a lot of shares instead of different stocks. Aside from these, Trading Direct also offers the following: Broker assisted equity trades, options trading, mutual funds, bonds, retirement accounts, and IRA’s. In addition, Trading Direct also offers Basic Accounts (Individual, Joint, Custodial), and Specialized Accounts (Corporate, Partnership, LLC Account, Sole Proprietorship Account, Transfer on Death, and Trust). These may not seem like a lot compared to the many services that conventional brokers offer. But swing traders are not conventional traders and their needs are different from the needs of conventional traders. In terms of making money through swing trading, Trading Direct has all the necessary services that swing traders are looking for.
Achievements:
Considered among the “Best Broker for Swing Traders and Buy & Hold Investors” – www.tradewiser.com
Additional Information:
For more information about the company, visit its website at www.tradingdirect.com
