Is There A Correct Way to Choose an Online Trading Broker? Take care when choosing a broker; always get recommendations before you make a decision. You will be glad that you did when your broker guides you to financially-sound, informed decisions that earn you the highest possible return on your investment. by Larry Westfall Of course, we could always use the Internet to trade, which in recent years has provided an enormous amount of help for individual investors, who want to keep track of a portfolio. But the basic rule will still apply: You need some kind of online trading broker so that you can trade stocks. You are probably how much these brokers are actually worth-and, more importantly, how much you will need to pay for their services. Minimum deposits to open an account with a broker can start from $500 to $2000, but don't panic if you don't have that kind of money, as many online trading brokers don't actually require a minimum