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Tuesday, April 19, 2005

 

Stock Brokers


InvestradeMarket orders for stocks are $7.95 and limit orders are $11.95 for unlimited shares.www.Investrade.comTradeStationServing active traders, one cent per share up to 500 shares and .006 per share thereafter.www.TradeStation.comTD WaterhouseCommissions vary depending on market or limit order, account size, frequency of trades and other factors.www.waterhouse.comScottradeMarket orders for stocks are $7 for unlimited shares, while limit orders are $12. No inactivity fees and only $500 required to open an account.www.Scottrade.comSchwab Trader CTFormerly known as CyberTrader, now owned by Schwab. Targets day traders and active traders, $9.95 per trade for up to 5000 shares. Other fees may apply.www.SchwabTrader.comCharles SchwabFees vary depending on account size, trade size and frequency of trades. Charles Schwab is the largest online broker.www.Schwab.comEtradeCommissions vary from $9.99 to $12.99 depending on number of trades per quarter and account size.www.Etrade.comFree TradeEach month your first 20 stock trades are commission-free, including market, limit, stop, stop-limit, short sell, odd-lot and OTCBB orders. After that pay $3 per trade for 21st-100th trades, $2 per trade for 101st-200th trades and $1 per trade for your 201st trade and above. All support, communications and statements are done by email. Free Trade is owned by Ameritrade.www.FreeTrade.comInteractive BrokersTrade US stocks for a penny per share up to 500 shares and a half cent per share thereafter. 100 shares equals $1. 500 shares equals $5. 1000 shares equals $7.50 and 5000 shares equals $27.50www.InteractiveBrokers.comAmeritradeTrade unlimited shares for $10.99 per trade. This price includes both market and limit orders. Orders executed in multiple lots on the same trading day will be charged a single commission. When an order is partially executed over multiple trading days, the order is subject to a separate commission charge for each trading day.www.Ameritrade.com

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