Internet stock trading is relatively new when you compare it to the stock market history. This is because it is linked with internet usage and the internet really has only been successful for about 20 years. Today the internet is found in most homes and many people do a lot of banking and investing from their personal computers. The very first of all of the internet services were made specifically for those companies in the finance industry.

The very first services for internet trading were created in 1979 by CompuServe. Businesses only used these services because the public was not yet using the internet as they do presently. Eventually internet trading services have developed to be used by the public and these services progressed as technology improved and internet usage soared.

The very first online stock trade was made in 1983 by a dentist using the services from the company Trade*Plus which eventually became the E-Trade Group located in Silicon Valley. During the 1980s many other companies became online brokers such as First Omaha Securities, Inc which is now known as AmeriTrade.

However with all of this internet development the first stock trade that did not require an actual broker was not available until 1996 with the development of eBroker. With the rise of internet trading came discount online brokerage houses such as Schwab. These discount services offer 24 hour quote services and live online trading.

Online trading also became more popular because the costs of making a trade decreased significantly as you no longer had to deal with broker fees, which can be expensive. This public access to the stock market made more people use the stock market for investment and also gave the public a way to personally deal with their money themselves.

Internet trading has come a long way and it still has plenty of room for development, so it will be interesting to see what the future brings.

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