Sharebuilder
Approval Rate: 74%
Reviews 10
by beauty4u
Fri Feb 12 2010Sharebuilder is very good for new investors or for those who want to be involved with their investments but not consumed by them. Their interface is very simple and easy to use which makes it simple to perform basic functions like buying and selling stocks (they have recently added options trading to their services as well). Their fee structure is very reasonable as long as your investment size is large enough to make it worthwhile. For me, I make sure that each investment is at least $200 or larger so the fees don't account for a large percentage of my gains. I've had my Sharebuilder account for years now and it just keeps chugging along. One thing I really like about it is that i don't feel compelled to try to over manage my account. I just set up my portfolio balance and let their system keep me on the right track. You do have to adjust your strategy from time to time as with any financial plan but it isn't overly time consuming. If you are looking to day trade or swing trade, this ... Read more
by zwavec76
Tue Oct 14 2008I opened the account this weekend, sent the money from bank of america on the samte time. They dais the money will be there Tuesday. Monday they said it will be there Wednesday and Tuesday they said they have trouble approving my account. On top of that I do not even count the number of time the website was not accessible in only 3days. This company is sucks!
by sherroberts
Sat Jun 21 2008I am new to investing, and I found the site easy to navigate - easy to understand, and have had no problems what so ever. Of couse I have only been on their site for 6 months, and have only started investing. A couple of $100 a month, but I am happy with my choice to go with them. They are affilated with ING and we have moved our savings and checking there as well and it has been a great experience. They have always responded to my emails with 24 hours and have answered all my questions no matter how simple. I have never had to call so I can't offer any advice there.
by hj1f28e4
Thu Feb 14 2008With no monthly fee plan, you can purchase monthly (2nd Tuesday of every month) for $4 per purchase. This is the cheapest I can find to buy stocks. You can also setup Divident ReInvestment Plan (DRIP) with them once you purchase a stock with divident. If you prefer regular trading, the fee is $10/trade. This happened after ING bought Sharebuilder. I must admit with the current $10/trade pricing, it's much more competitive in the on-line trading arena.
by wsdfjkkl
Sun Sep 30 2007Amazing. I think if anybody has a child the standard custodial account is very good.
by jakestl
Sun Mar 04 2007I like the idea that there are no minimums. It's a good place to invest when you can find more than $100 to invest at a time (for me, that's two or three times per year). I invested my tax return in an IRA last year and have been pleased.
by mjrusso
Fri Mar 02 2007Horrible. I have no control over my finances with this service. Recently, I had accidentally place buy order instead of sell orders on all of my shares. I couldn't get a human being on the phone fast enough to cancel those orders (I had to listen to a lot of advertizing as I made my way through the phone menu). By the time I did reach someone, the orders had already gone through and customer service told me all I could do was repay the fees and sell again. If that were the only issue I had it would not have been such a big deal, but it ended up turning into a financial nightmare. It had taken sharebuilder all but 3 minutes to take that money out of my checking account. Literally. That money was supposed to cover checks I had already dropped in the mail to cover other bills. Sharebuilder never did deposit that money back into my checking account when they said they would. They essentially held my finances hostage by deciding to process requests whenever they simply felt like it. Needles... Read more
by ye00c66f
Fri Dec 01 2006cheap to buy, expensive to sell
by lanceroxas
Sat Jan 14 2006Individual transactions are way too high for small trades. Monthy deductions are free with membership, and the reports are above average.
by assetalloc
Sun Dec 18 2005I have held accounts for 2 years. Have been pretty happy so far. I ran into some problems with accounts & customer service was relatively easy to reach and was reasonable in resolving the issues. They did not completely go out of way to resolve the issues - but issues got resolved in timely fashion (that's why I give 4* instead of 5*)