FYI CyberTrader is lowering their commissions again. They are getting more and more competitive with other discount direct access brokers. I recieved this notice via email: ---- Our new pricing is available on July 24, 2003 to all clients, for every trade. Equity Trades: $9.95 Options Trades: $9.95 +$1.50 per contract https://www.cybertrader.com/fees/Default.asp ---- I have accounts at CyberTrader and InteractiveBrokers and I find both of them to be good. Both offer fast executions. CyberTrader has better software and better trade reporting. InteractiveBrokers is cheaper if you trade < 1000 shares, whereas CyberTrader is better if you trade > 1000 shares, esp. if you trade stocks < $10 alot where you buy 5000, 10000, 20000 shares.