per Ticker or per $ fees with MOO, MOC?

Discussion in 'Retail Brokers' started by Moa, Oct 28, 2003.

  1. Moa


    With a 'per share' broker like IB, trading $100K of a $5 stock = 20,000 shares => $102,5 fees (IB).
    Trading this same $ amount with a $100 stock = 1,000 shares => $7.5 fees (IB)!

    On the other end, 'per ticker' brokers like Ameritrade don't have NYSE native Market On Open and Market On Close orders which I need to use.

    Do you know some online broker with native NYSE MOO and MOC orders charging fees per ticker or per $ amount ?

    Thanks for your coments.