Benzinga Money is a reader-supported publication. Brokerage accounts have no minimum funding thresholds to meet, either. Note that real-time price data is only available to unfunded accounts for 15 days after account opening. If you want to use charting tools, you’ll need to look elsewhere because Dough only has simple line charts that show a stock’s 5-year history. So, is Dough the brokerage you’re looking for? Each question was met with an almost instant response and the rep was pleasant and helpful. First, you’ll need to select a few industries that interest you. Paul Scolardi – The Superman Trader of The Stock Market! Overnight check delivery is $50 and outgoing account transfers are $75. Dough doesn’t appeal to advanced traders, but that’s fine — a free DIY investing platform that cuts out the jargon has no shortage of prospective clients. You can add to your watchlist based on your predetermined investment interests, view analysts’ price targets, financial data like revenue and debt and all the news of the day related to that particular company with a single tap. The chat feature is available Monday through Friday from 7:30 a.m. to 5 p.m. CST. But, it offers a handful of discovery and social features, including the ability to favorite stocks from market sectors you’re interested in. So, how does Dough compare to other brokers? Often, this is related to why the broader market is experiencing a price swing. Dough is commission-free with no minimums and no fees, but Dough doesn’t provide any market research from firms like Morningstar or Zack’s. You don’t need to be an account holder to view the 3Cap, either. Another unique part of the Dough app is the Idea Feed, which appears on the app’s homepage. There are also no account fees at Dough. He continues to test and review new day trading services to this day. Nadex Review – The Binary Options Broker With 125,000 Clients, Public App Review – A Look At This Commission-Free Brokerage App. Dough.com is a website that describes itself in two unique ways: first, that it isn't your father's investment platform, and second, that they have everything you will need to learn how to trade. You can choose from the basics like finance and industrials or add newer, trendier sectors like cannabis, payment processors and video games. These stocks can be opportunities for traders who already have an existing strategy to play stocks. However, there is currently no options trading on Dough. Have a valid Social Security number. Given that Dough isn’t the only commission-free brokerage available, the main thing that differentiates this platform is offering information for traders who only check into the market on occasion. Benzinga does not recommend trading or investing in low-priced stocks if you haven’t had at least a couple of years of experience in the stock market. There is no minimum required to open up a Dough account. Have a U.S. residential address within the 50 states or Puerto Rico. This isn’t a bot-operated chat simulation — a live person at the other end of the connection answers your personal questions. looks_one Big Mike with 1 posts (0 thanks) looks_two Quick Summary with 1 posts (0 thanks) looks_3 mediaboy with 1 posts (0 thanks) looks_4 jupiejupe with 1 posts (0 … You can use market or limit orders when buying shares, but you can’t set up a stop-loss. On individual stocks pages, fundamental data is collapsed by default so you can quickly find the information you want without having to scroll all that far. Feel welcome to differentiate between the desktop and web-based platform. Have you heard of the broker Dough? You may incur fees if you need paper statements, and wire transfers cost $30. But if you’re a young professional, you’ll eventually become an older, more sophisticated investor and Dough’s simplified process may no longer work. Over his trading career, Dave has tried numerous day trading products, brokers, services, and courses. Accounts require no minimum to open, but investment options are limited to U.S.-based securities. Dough, geared toward the next generation of investors, is only available via iPhone or Android smartphone apps. Your email address will not be published. Dough.com Review Summary Dough has a decent mobile app where stocks and funds can be traded with no commissions. TLDR: Overall review at bottom of post. Dough doesn’t have a phone number listed on its website, but its FINRA Broker Check page does, along with its Chicago address. You can place limit orders, but not stop losses. Led by Victor Jones, Formerly TD Ameritrade’s Director of Trading and Operations, dough Will Offer Commission-Free Stock Trading, Zero Account Minimums, and … But first, if you are a TastyWorks user, please post your experience as well. Dough uses the most sophisticated protection available today. Sectors are somewhat specific – for example, there are “Cars,” “Airlines,” “Beverages,” and “Ecommerce.” You’re allowed to choose up to three, and the Idea Feed will then surface stocks and news related to these interests. For a full statement of our disclaimers, please click here. Dough is a commission-free brokerage that has many talking. Dough does have some nifty features for its clients, despite its professional research options. Simply head over to Dough’s YouTube channel and view the videos listed there to find out what the company is all about. Dough LLC is registered with both the U.S. Securities and Exchange Commission (SEC) and the Financial Institution Regulatory Authority (FINRA) and licensed or trading in all 50 states, plus Washington, D.C., the U.S. Virgin Islands and Puerto Rico. Along the same lines, the inclusion of analyst ratings with each stock can help novice traders make decisions about buying and selling. Your email address will not be published.