Before the internet became so popular, you had to call a stock broker to make your trades. Sometimes these transactions cost $50 or more to do which greatly diminished how many trades a new investor could afford in a month. With the invention of free online stock trading sites, however, this is a thing of the past.
Now, it is like having Wall Street at your fingertips 24 hours a day, 7 days a week. You can literally go online and handle everything your stock broker would with a few clicks of your mouse. You no longer have to wait for the stock broker to have time to call you back to take care of your business. You can simply take care of it yourself and move on with your day.
Most of these sites offer a certain number of free trades each month with a fee for any above that amount. However, for most traders this will be plenty of trades. Unless you are a big trader or have a ton of money to invest, the amount of trades offered for free will be enough.
Another great perk to these websites is the amount of free training that is usually offered. It never hurts to take advantage of free learning opportunities and great tips on investing. Make sure to read everything you get your hands on as it might just give you that tip that ends up making you thousands of dollars on your next free online stock trading site!