Loyal3 provides an option for those seeking a solution for online stock trading. At TheBestCompanys, we took at a look at Online Stock Trading companies and reviewed them to find the good, the bad, and the bottom line.
2. The Good
• Anyone will like this news: it is absolutely free to buys stocks using
Loyal 3. There are no gimmicks, no hidden fees, no surprises. Other
companies might advertise such benefits, but Loyal 3 is true to its
word. You won’t have to pay a dime to invest with them. There are no
commissions to pay at any time. its platforms and tools. These are up-
to-date, helpful and convenient.
• You can begin investing with as little as $10. That’s quite unheard of in
the industry. With IPOs (Initial Public Offerings), you need a minimum
$350 account balance.
3. The Bad
• You can only invest up to $2,500 a month. OK, perhaps this cap is fair,
and many people would be fine with this ceiling. But if you’re a serious
investor with a bigger budget, Loyal 3 certainly isn’t for you.
• Loyal 3 allows you to invest in stocks…that’s it. There are no
retirement or educational accounts available.
• Currently, you may choose from a list of 63 stocks with which to invest.
That’s quite the limitation. Want more diversity? Want a wider
selection? Too bad. That all there is.
4. The Bottom Line
• What is the final verdict for Loyal 3? It’s hard to say because for the
investor just starting out who may have little or no idea how to begin
in the investing world, Loyal 3 could be a viable option. And with the
no-cost attraction, Loyal 3 is a wonderful place to start for those on a
tight budget.
• Loyal 3 offers very little in the way of investing. With such a limited
selection to choose from and with restrictions on how much you can
invest, the pool of potential interested customers has to be small.
• Loyal3 is best if you are looking for IPO offerings and enjoy the
simplicity of trading through Loyal3. Otherwise, Loyal3 isn’t the best
overall trading solution.