This is all tailored to the casual inexperienced consumer. ![]() Don’t expect to trade penny stocks or low float stocks. Customers can only trade stocks that are available. While the selection exceeds 1,000 stocks, it is still limited compared to the over 6,000 publicly traded companies. This is all designed to familiarize customers to the link between stock performance and brand names. To cater to beginners, Stockpile limits the selection of stocks to well-known brands that consumers can identify with. Imagine if you were shopping online rather than using a brokerage. The platform is simple and intuitive for buying and selling equities, ADRs and ETFs. The platform is basically for executions. Stockpile Platform Features and Tools Platform Dashboard Stock transfers from another brokerage: $75.Returned check, ACH, wire or stop payment: $30.Since users are buying fractional shares, the fees can be expensive relative to the investments. There are a number of transactional fees that customers should be aware of. The $0.99 commission per trade applies thereafter if the customer wishes to sell the shares. Recipients of either e-gift card or physical gift cards must open a Stockpile brokerage account to redeem the shares. This includes the fees of the gift card, card processing and the transaction fee. For a $25 gift card, the total cost is $29.95, and a $100 gift card is $107.95. Physical Stockpile gift cards to gift stock shares can be purchased at grocery stores and retailers for $4.95 up to $7.95 depending on the price and quantity of the underlying stock shares you wish to gift. Gift cards and share purchases have a minimum investment of $5 with default increments of $25, $50, $100 and $200. Stockpile E-gift cards can be purchased online and cost $2.99 plus 3% card processing fee and $0.99 commission to buy shares. This commission is competitive when compared to other discount brokers. Users can buy stocks with credit cards but incur a 3-percent processing fee in addition to the $0.99 commission. Stockpile has a flat $0.99-per trade commission on stocks, ADRs and ETFs. However, the gift cards and process of gift shares has several direct fees associated with it. The commissions on trading stock is straightforward. There are no monthly fees or minimums to open a Stockpile account. Sign up is free and investors can get started with just $5. is a registered broker-dealer and member of FINRA and SIPC, which insures customer accounts up to $500,000 including $250,000 of cash. He developed a large distribution base for physical Stockpile gift cards that can be purchased at grocery stores and retailers. Stockpile is the brainchild of CEO Avi Lele who designed the platform to simplify the process of gifting stock shares. The company caters to less experienced investors with simple and intuitive order screens and easy to use tabs to get customers on the right track. an online discount brokerage with several niche features that enable easy gifting of stocks and fractional share purchases. Read our review to find out if you should give Stockpile a try. ![]() With an easy to use interface and many features, Stockpile may be what your trading is looking for. Stockpile is a discount online brokerage that many in the trading world have been talking bout.
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