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Zecco

Zecco is a no-frills online discount stock broker providing 10 free stock trades per month if your account net equity is over $2,500. For accounts under $2,500 or trades exceeding the 10 free trades per month, the commission is a reasonable $4.50. Zecco also offers options trading ($4.50+ 0.50 per contract)including complex options orders. I personally have an account with Zecco and can recommend this broker. Zecco is suitable for all traders (maybe accept day traders), but novice investors might want to have more tools/advice to decide which investments are right for them. Nevertheless, Zecco is now constantly adding useful tools to its site.

Here are some other fees:

No inactivity fee!

IRA: Setup $0, Annual Fee $30, Closing fee $30

Mutual funds: $10 for no-load mutual funds

Minimum to open: $0 ($2,000 for margin accounts)

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If you want to gain experience in trading without loosing money I highly recommend "Wall Street Survivor":

FREE TO PLAY - Fantasy Stock Trading Game
   

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