Potentially stupid question on brokers from a newbie

Discussion in 'Retail Brokers' started by NWAnglerTrader, Dec 12, 2018.

  1. My question is, will a broker allow an individual to open 2 accounts; one with a per trade commission structure and the other with a per share commission structure?

    I strongly suspect no, hence the disclaimer, but I wasn't able to confirm online and rather than embarrass myself over the phone with my broker I figured I'd anonymously ask here.

    Cheers
     
  2. Overnight

    Overnight

    I would bet you 100 sim bucks that you will be hearing from either Rob Morse and Matt Z within a day, in a reply here. :)

    (And it is not a stupid question, it is an interesting one.)

    P.S. (Edit) changed it from both to either, I still have a chance to make 100 sim bux.
     
    Last edited: Dec 12, 2018
    MattZ likes this.
  3. Overnight

    Overnight

    Wait, he didn't take the bet, So how am I going to make the sim money? Ug, I am terrible at this betting thing.
     
  4. thinkorswim's posted rate was per trade but I asked and they changed it to per share. That is from personal experience when TOS was a standalone vs. TDAmertirade. After the merger, they have me as a "legacy" customer and can still get per share. They still might do it..just ask.
     
    murray t turtle likes this.
  5. MattZ

    MattZ Sponsor

    I am here only because I want you to win the sim bet. :)

    Anyway, this is a share/stock question. In Futures (what we do entirely) the only way to do it is per contract basis.