Reviews Brokers
- By Lucien Bechard
- Updated January 28, 2024
6 min read
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Marsco Review: They are one of the oldest online brokerages known as Marsco Investment Corporation. This company is a deep discount brokerage founded in 1986 and located in New Jersey. They are good for several reasons. They have long been in the business and are SiPC-insured for 500k.
Also:
- No inactivity Fees Ever
- No handling fees (middleman fees)
- There are no Share limits so that you can place large block orders.
- $0 forstock trades for market or limit orders in real-time
- no software fees
- easily one of the easiest platforms to use for all ages
Table of Contents
- Marsco Review Introduction
- Detailed Reports
- Accounts
- What Are Marsco’s Fees and Commissions? (Pricing Review)
- Marsco Stock Price and Symbol: Are They Publicly Traded?
- Marsco Review Final Thoughts
Marsco Review Introduction
The company caters to self-directed traders of stocks, ETFs,options, bonds, and mutual funds. It enables investors to trade in a broad selection of securities without paying fees. Please read below for a quick breakdown of their best features.
Yes, there are many different brokers available to you. But let’s get into this Marsco review and see if this is possible for your trading or investing style.
Marsco provides a free, web-based trading platform that’s user-friendly yet rudimentary. Sometimes, simple is better. Information overload for some people will be overwhelming.
The platform provides real-time quick quotes and market data; the statements are extremely simple.
You get customizable watch lists, screening capabilities, news and research, a symbol lookup search feature, and basic charting. The home page displays a summary of your accounts and customized market data. If you’re looking for more advanced charting, you have other options, such as stockcharts.com, Tradingview, and Trendspider.
Snapshot of the Marsco watch list
The platform lets you place trades and view your positions in real-time. Likewise, your cash and securities summaries and buying power are available in real time in a simple-to-read format.
Detailed Reports
Moreover, the platform provides printable detailed reports on your realized and unrealized gains and losses. It generates estimates of your portfolio’s dividend and interest earnings.
Use the drop-down menus to place trades and fill in the fields. The platform enables market, limit, stop, and stop-limit trades.
Here is a snapshot of what trading looks like inside Marsco.
While the platform is sufficient for casual or beginning traders, the lack of advanced features may make it less suitable for active and experienced traders.
Direct market access is unavailable and does not offer hotkeys or advanced charting capabilities. However, the platform is intuitive and easy to use, with good portfolio management features. Using a broker that hooks into DAS Trader for direct access routing and hotkeys.
Accounts
The accounts offered by brokers are important, and you want to know your current and future options before you open a brokerage account. Our trading service looks at this broker’s offers in this Marsco review below.
Marsco Investment Corporation offers individual, joint (JTWROS or JTCOM), and custodian (UTMA/UGMA) accounts. Additionally, Marsco offers traditional, rollover, ROTH, and SEP IRA accounts.
The minimum amount to open an account is $2,500 in either cash or securities. $2,000 is the minimum requirement in equity for margin accounts. You might want to look at interactive brokers if you’re looking for a no-minimum account. We have a whole course on IBKR.
Day traders must maintain a minimum equity level of $25,000. Fund your account via check, electronic funds transfer (ACH), or transfer your account from another financial institution or brokerage. If you need to transfer accounts from one broker to another, do it carefully, or you could pay a big tax penalty.
Marsco lets traders open new accounts online or by printing and mailing applications. Marsco provides forms, applications, and agreements that you can download, print, and fill out easily from home.
To visit the Marsco Form Center, go to theirwebsite. Marsco offers a check writing service, interest on free credit balances over $1,000, and dividend payments. Sweet!
Again, the brokerage is a member of the SIPC (Securities Investor Protection Corporation), which protects account securities up to $500,000. In addition, Marsco is a self-clearing member of the DTCC (Depository Trust and Clearing Corporation). Stuff like this provides some peace of mind.
Here’s what the Marsco home page looks like.
What Are Marsco’s Fees and Commissions? (Pricing Review)
- The rate for stocks and ETFs is $2.50, with no trading minimum or share limits.
- The rate for options is $2.50 plus $1.25 per contract.
- For mutual funds, the rate is $15 for no-load funds and $0 for load funds.
- Margin rates range from base rate + 2.00% to base rate + 3.00%, depending on the debit balance.
Fees and commissions are important to customers. Our Marsco review delves deeper into what they offer. Marsco offers attractive commission rates and charges no inactivity fees.
Bond trades require the assistance of a broker. Marsco provides multiple ways to reach their brokers and customer or technical support. Just call, fax, or use email or mail. Their support is very good and incredibly knowledgeable.
The rate for corporate and municipal bonds is $5 per bond. For T-Bills, notes, and bonds, the rate is $35 per trade. The rates for all fixed-income securities depend on the net yield basis. VisitMarsco for more information on fees and commissions.
COURSE | |||
---|---|---|---|
DESCRIPTION | Learn how to read penny stock charts, premarket preparation, target buy and sell zones, scan for stocks to trade, and get ready for live day trading action | Learn how to buy and sell options, assignment options, implement vertical spreads, and the most popular strategies, and prepare for live options trading | How to read futures charts, margin requirements, learn the COT report, indicators, and the most popular trading strategies, and prepare for live futures trading |
INCLUDED | Daily watch lists • Trade rooms • Trading scanners • Discord • Live streaming Day Trading > | Daily watch lists • Trade rooms • Options scanners • Discord • Live streaming Options > | Futures target levels • Trade rooms • Real time teaching • Discord • Live streaming Futures > |
Marsco Stock Price and Symbol: Are They Publicly Traded?
Investors cannot purchase shares of Marsco because the company is privately held.
Marsco Review Final Thoughts
What does this Marsco review tell us? The Marsco Investment Corporation brokerage’s strong point is its deeply discounted commissions. And their platform is free and easy to navigate, though lacking in bells and whistles. Again for high tech charting you’re best served by something likeTrendspider.
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STOCK TRADING SERVICE
Our chat rooms willprovide you with an opportunity to learn how to trade stocks, options, and futures. You’ll see how other members are doing it, share charts, share ideas and gain knowledge.
Our traders support each other with knowledge and feedback. People come here to learn, hang out, practice, trade stocks, and more. Our trade rooms are a great place to get live group mentoring and training.
TRADE ALERTS “SIGNALS”
The Bullish Bears trade alerts include both day trade and swing trade alert signals. These are stocks that we post daily in our Discord for our community members.
These alert signals go along with our stock watch lists. Our watch lists and alert signals are great for your trading education and learning experience.
We want you to see what we see and begin to spot trade setups yourself.
REAL-TIME STOCK ALERTS SERVICE
We also offer real-time stock alerts for those that want to follow our options trades. You have the option to trade stocks instead of going the options trading route if you wish.
Our stock alerts are simple to follow and easy to implement. We post entries and exits.
Also, we provide you with free options courses that teach you how to implement our trades as well.
STOCK TRAINING DOESN’T NEED TO BE HARD
Stock training doesn’t need to be hard. But it sure feels hard when you don’t know where to turn for legitimate knowledge. There are tons of places to learn, but what makes us different?
Well, for starters, we’re just real everyday people who like trade stocks. We’re not gurus portraying a fancy lifestyle of cars and jets and beaches. Can you obtain those things with what we teach you? Sure you can. Is that what motivates us when teaching you how to trade?
Nope. What we really care about is helping you, and seeing you succeed as a trader. We want the everyday person to get the kind of training in the stock market we would have wanted when we started out.
WHY WE’RE DIFFERENT
What else makes us different? When it comes to the stock market, we’ve won, we’ve lost, we’ve lived, and learned. We’ve been through the ups and downs in the market and figured out what really matters. The Charts…Candlesticks = PRICE ACTION! We’ve created a site that passes all this knowledge on to you.
We don’t charge you an arm and a leg for the stock training we give you. We charge a modest amount that goes towards running our day-to-day operations and paying for our invaluable team moderators that are passionate about teaching YOU!
That’s about it. We could charge more, but we have a pay it forward, give back mentality. It’s not about the money. The best and most important thing for us is YOU. We want to feel good about what we do, and the results and reviews speak for themselves.
Those emails we get, the feedback, the success we see. That is what our educational trading community is all about. We hold no secrets back. Our trading edge is your trading edge.
STOCK TRAINING DONE RIGHT
We don’t care what your motivation is to get training in the stock market. If it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good. We know that you’ll walk away from a stronger, more confident, and street-wise trader.
In our stock trading community, you’re going to get it all. Futures, options trading, and stocks. Not just penny stocks either. Small, mid, and large caps. Each day we have several live streamers showing you the ropes, and talking the community though the action.
There’s no catch, no smoke or mirrors. What you see is what you get. If you’re looking to change your life, or someone else’s, we’re here to help you reach that goal. Get started learning day trading, swing trading, options, or futures trading today!
Click Hereto start your 7-day free trial.
TRADING STOCKS IN THE BULLISH BEARS COMMUNITY
Yes, we work hard every day to teach day trading, swing trading, options futures, scalping, and all that fun trading stuff. But we also like to teach you what’s beneath the Foundation of the stock market.
Tell you the TRUTH about how the market works. The importance of controlling your emotions and having a proper mindset when trading. We’re really passionate about teaching you this stuff!
Money isn’t our #1 priority in life. YOU are. Our members come first. Making sure you get comfortable with trading is our priority.
We have members that come from all walks of life and from all over the world. We love the diversity of people, just like we like diversity in trading styles. It creates an environment much like a university or college.
TRADING ROOMS AND LIVE STOCK TRAINING
Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading. Our live streams are a great way to learn in a real-world environment, without the pressure and noise of trying to do it all yourself or listening to “Talking Heads” on social media or tv.
We will help to challenge your ideas, skills, and perceptions of the stock market. You will learn and grow as a trader. Every day people join our community and we welcome them with open arms. We are much more than just a place to learn how to trade stocks.
Feel free to ask questions of other members of our trading community. The Bullish Bears are a very helpful crew. We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. To give you a hand up along your trading journey.
Click Hereto try our trading community free for 7 days.
FREE ONLINE TRADING COURSES
If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly.
We are opposed to charging ridiculous amounts to access experience and quality information.
That being said, our website is a great resource for traders or investors of all levels to learn about day trading stocks, futures, and options. Swing trading too!
On our site, you will find thousands of dollars worth of free online trading courses, tutorials, and reviews.
We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere.
Our content is packed with the essential knowledge that’s needed to help you to become a successful trader.
It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career.
Invest the proper time into your Trading Education and don’t try to run before you learn to crawl. Trading stocks is not a get-rich-quick scheme. It’s not gambling either, though there are people who treat it this way. Don’t be that person!
STOCK TRADING COURSES FOR BEGINNERS
The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics.
If you’re a beginner, intermediate level, or looking for expert trading knowledge…we’ve got you covered.
We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. Free.
Just choose the course level that you’re most interested in and get started on the right path now. Become a leader, not a follower. When you’re ready you can join our chat rooms and access our Next Level training library. No rush. We’re here to help.
Click Hereto take our free courses.