… we have a small favor to ask. Thousands of people have placed their trust in the Racine County Eye’s high-impact journalism because we focus on solutions-based journalism.

With no shareholders or billionaire owners, we can provide trustworthy journalism that focuses on helping readers.

Unlike many others, Racine County Eye’s journalism is available for everyone to read, regardless of what they can afford to pay. We do this because we believe in information equality. Greater numbers of people can keep track of events, understand their impact on people and communities, and become inspired to take meaningful action.

If there were ever a time to join us, it is now. Every contribution, however big or small, powers our journalism and sustains our future. Support the Racine County Eye from as little as $5 – it only takes a minute. Thank you.


Your contribution is appreciated.

When you decide to start building your wealth by trading in the stock market, there are a lot of crucial steps you’ll need to take. You need to figure out whether you’re going to take an active or passive approach to build your money. It’s also worth looking into the kind of stocks that you’re interested in buying, and how much capital you can afford to spend.

One of the most crucial choices you’ll approach, however, involves figuring out how to choose the right broker to support your strategy. Brokerage firms are the crucial companies that help you to execute purchase and sell requests. They can even help you out when you’re figuring out how to trade penny stocks or explore day trading with articles and guides. So, how do you choose a broker?

Understand What You’re Looking For

The first step in making the right decision is ensuring you know exactly what this kind of professional can do for you. These special accounts give you access to tools for trading securities – but they also come with fees and various taxes to consider. You’ll need to make sure that you understand exactly how much money you can move around before you start looking at the market.

Once you know what your account is going to do for you, you can think about how involved you want your professional to be in your strategy.

Full-service experts give you guidance and support as part of the price you pay for your subscription.

These pros act partially as financial advisors, giving you an overview of different opportunities as they arise in your area. On the other hand, if you’re willing to do the research and develop knowledge on your own, you might prefer a discount stockbroker. The discount version of the professional basically gives you access to the tech you need to buy and sell assets – but nothing else.

Check the Fees Carefully

With a good idea of the kind of support you’re going to need to start generating future wealth, you can examine some of the fees and costs associated with your purchase. Remember, the money you make with your account will be subject to taxes, so you want to avoid too many fees eating into your profits.

Different firms will have unique costs and expenses to consider. Most of the time, there are special things like custodial fees to think about, and even costs to consider when it comes to transferring any money that you’ve made into your account from a sale.

The more you can learn about what you might be charged before you sign on the dotted line, the less likely it is that you’ll end up with a nasty shock when you get your bill at the end of the month.

Remember that some companies will have different deals to offer depending on the kind of account you’re opening. For instance, if you’re a big-ticket trader that spends a lot of cash, then you may be able to find a lower commission with some companies.

Advertising disclosure
To support our site and content, we work with partners to present valuable offers to help you save, earn, and get ahead. We may be compensated for the purchase of goods and services made through the links in this offer program.
Offers for you
Curated offers for our readers
advertiser disclosure
Coding for kids! Introducing programming games for the next generation. Get your kids coding today.
Start with a free trial.
Start with a free trial.

Get your students coding in no time!

CodeMonkey is a fun and educational game-based environment where kids learn to code without any prior experience. After completing CodeMonkey's award-winning coding courses, kids will be able to navigate through the programming world with a sense of confidence and accomplishment.

Kids will love learning to code with CodeMonkey

  • Ready to Go Courses. With CodeMonkey’s teacher kit and support team, anyone can teach the basics of computer science.
  • Real Coding Languages. CodeMonkey's courses teach text-based coding so students learn to program like a real developer.
  • Game-Based Learning. Kids learn coding in an engaging and rewarding environment that utilizes gaming elements.

Free Trial - Enjoy a full-blown gaming experience that will teach your kids to code!