I have accounts at both Sharebuilder and Buy and Hold. I am no longer making purchases through Sharebuilder as I much prefer Buy and Hold. Here's why:Sharebuilder: Purchases can only be made on Tuesdays and you have to have your order in the previous Monday. That's fine if you don't care what price you pay, but I prefer to have a little more control over the timing of my purchases. Selling - ugh! It's downright expensive. I am basically a long-term buy & hold investor but there are still times when I want to sell shares (made a poor investment decision, want to take profit, etc.) but the cost is prohibitive and the few times that I have used a sell order Sharebuilder gave me the lowest price per share of the day - I think when you sell they just take your shares and then sell them later at a better price pocketing the profit.The Gain & Loss Tracker has not been keeping accurate records for several weeks now - I had to set up my own Tracker on the Fool Portfolio to know how my account was doing.Very few of the Hidden Gems picks are available through Sharebuilder.I do kind of like their research info. and their IPO Center though I've never actually purchased any IPO stocks.Buy and Hold:I like the price - for $14.95 per month I can have unlimited trades - buy or sell. Transactions can be made free Monday - Friday during the "window trades" - 10:00 a.m., 12:30 p.m., or 3:00 p.m. This is nice because if I've been watching a stock and that I want to purchase and I see that the price is looking like it might dip down somewhat during the afternoon I can set up a purchase order for say 12:30 when I can get a better price.Funding the account is simple - I can link it to my checking or savings and my purchases will be paid for through electronic funds transfer. Sharebuilder does this too - but they make me actually deposit the funds first and then make my purchases.I don't really think much of the Buy and Hold stock tracker either - but at least it's accurate.Well ... that's all I can think of to mention right now - hope it is helpful. I would definitely recommend Buy and Hold over Sharebuilder.‹(ô¿ô)›
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