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Trading Places: The Top Online Brokers

Point, click, trade. Is it really that easy? We bought and sold stock at eight popular online brokerages and discovered which ones were on the money.

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Point, click, trade--these three little words sum up the allure of online stockbrokers. Using nothing more than an Internet connection and an account with an online broker, you can buy and sell shares of stocks and mutual funds with mere keystrokes. No waiting to place an order with a brokerage house, no high commissions gobbling up big pieces of your nest egg.

Little wonder, then, that 6 million plucky investors have already exchanged the security of traditional brick-and-mortar brokerage houses for the promise of cheap, fast online transactions and reams of late-breaking information about the hottest properties on the market. But is the trade-off worth it?

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