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Let's assume the following scenario:

I have 5000$ which I am willing to invest(lose). I selected 5 public companies that I would like to buy shares. Is there a way for me (an immigrant who works in US) to buy the shares of these companies for a close to current price (by this I mean that if currently the price for a Microsoft share is 52.06$, I would pay close to this number per share and not 30% more).

If so, how can I do this?

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Yes, just open an account with an online broker, of which there are many. You should expect to pay commission of about $5 to $10 per trade, and there will always be a bit of a split between bid and offer prices, but nothing remotely like 30%.

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  • So basically if I will go and buy at the same time 10 share from company A, 20 from B and 50 from C (in total for 5000$) I will pay approximately <20$ as a commission? – random Jan 29 '16 at 8:20
  • Yes, somewhere between $15 and $30 for three trades. There may also be an annual fee or something similar, depending on the broker. – Mike Scott Jan 29 '16 at 10:17
  • @random If you're trying to buy several stocks at once, Motif is great for that - they charge you only $10 to buy any number of stocks (up to 30) in a single transaction, in any weight you want. – neminem Jan 29 '16 at 17:20
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Robinhood. It uses your smart phone. No fees at all.

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