Day Trading Mentor

I am a starting college student and am studying finance and I have a good basic understanding of how stock trading works

Now I have 5k that I am looking to invest but I need some suggestions as to the best site for me to use(low trading cost, commissions, and other fees)

Now I plan to be an active trader (as much as I can be without being flagged as a day trader.)

You should compare online brokerages such as Scottrade, E*Trade, and Schwab. Since you are a finance major, you can get by with a discount broker. You don't want to pay a premium for research you can do yourself.

Scottrade has the lowest trading costs: $7 per trade. But if you plan to make a large number of trades, you may prefer a program that has higher fees but unlimited trades because it would end up being cheaper.

Good luck with active trading. You'll need it. Not many people make money doing that. If I were you, I wouldn't use all your money for that because you'll probably lose a lot of it.

While you're at it, read some investment books such as A Random Walk Down Wall Street. It may change your mind on this active trading idea of yours.

Not trying to be so critical of your plans, I'm just trying to warn you so you don't lose all your money. Hope this helps.