text here. Few sentances.PROS
List, of, prosCONS
List, of cons
ShareBuilder, part of Capital One bank, is geared toward the novice investor; no minimum balance is required, and there are no maintenance or inactivity fees. This online broker is noted for allowing investors to take advantage of dollar-cost averaging by scheduling the investment of a certain amount at set intervals, although the trades are made only on Thursdays of each week. Automatic investments incur a commission of only $4 each, but market orders done outside of the automatic investment program cost $9.95 each, and you have to pay for research.
We found the most credible reviews of ShareBuilder in SmartMoney magazine and Barron's. Websites TopTenReviews.com and FiveCentNickel.com offer reviews by site editors.ProsIncludes tutorials, primers, Automatic investment plan, No minimum balance requiredConsMarket orders cost $9.95, Fairly basic trading and research tools, Narrow range of investment products
Best and Worst Brokers of 2012, J. Alex Tarquinio, May 16, 2012
ShareBuilder is ranked ninth out of 10 brokers in SmartMoney magazine's 2012 survey. In the comparison chart that accompanies the review, ShareBuilder's range of mutual funds and investment products and its customer service receive 1-star ratings. On the plus side, fees are low.
Cut the Cord, Theresa W. Carey, March 12, 2012
Barron's ranks ShareBuilder 25th of 27 brokers, giving the firm low marks in almost every category and rating it 2 out of 5 stars overall. ShareBuilder scores well in only one category: the usability of its website.
ShareBuilder Review, Editors of TopTenReviews .com, Not dated
Despite its name, TopTenReviews.com provides reviews of 18 brokers, with ratings and data summarized in a comparison chart. ShareBuilder is ranked ninth, with a score of 8.5 out of 10; the review says that "ShareBuilder is worth looking into if you want to sign up for their automatic investing program."
Best Online Discount Brokers, "Nickel", Not dated
FiveCentNickel.com is maintained by a self-described "30-something" self-taught financial adviser. This article is based on the results of his request for readers to list their favorite online discount brokers. A total of six are featured, ShareBuilder among them.