Inexpensive

Discussion in 'Trading' started by ShoeshineBoy, Aug 6, 2002.

  1. Are there any decent retail brokers with order pricing somewhere in between IB and say Scott/Ameritrade? (I can't use IB any more and I was hoping to find someone with lower commissions than Scott and Ameritrade.
     
  2. Tradestation is .0012 cents per share up to 2500, then .005 cents for 2501+ shares in the same trade - this does include all ECN fees -

    Paul
     

  3. .012 maybe......
     
  4. Tradestation has nice charting too... its a reasonable choice all round...
     
  5. Tony01

    Tony01

    -Wrong info-
    It's actually 1.2 cents per share up to 1500, then .75 cents for 1501+

    http://www.tradestation.com/fees/default.shtm

    Tony
     
  6. Tony you are right I'm wrong......

    Thanks for correction!

    Paul
     
  7. Just my .02 worth -

    major slippage, not direct access, very poor streaming quotes (java based crap) but their clearing and customer service is great. Every time I've ever called them I get a knowledgeable rep within a few rings - no getting put on hold -

    a good broker for swing trades or buy n hold but definitely not for daytrading

    I keep our IRA's there (no fees and no inactivity fee)

    Paul
     
  8. Thanks for the info on Scotrade. I am debating between them, Ameritrade and Brown & Co. (I don't think I can afford the other.) I'm a swing trader so that's good to know.
     
  9. regough

    regough

    just simply curious

    - why can't you use IB anymore? ? ? I was thinking about

    switching to them.
     
  10. My work uses a proxy server and TWS will not work with it nor do they have any work-around. I'm already signing up with Brown. My brother-in-law has had good luck with them and they're only $5/trade which beats both Ameritrade and Scotrade.
     
    #10     Aug 7, 2002