Sogo Invest, - New King of Brokers - $1.5 for 5000 shares

Discussion in 'Retail Brokers' started by qll, Jul 12, 2006.

  1. trtrkk

    trtrkk

    birdman<thank you a lot!
     
    #51     Sep 5, 2006
  2. trtrkk

    trtrkk

    birdman< thank you a lot !
     
    #52     Sep 5, 2006
  3. trtrkk

    trtrkk

     
    #53     Sep 5, 2006
  4. trtrkk

    trtrkk

    How is the stock order speed, if not use level2?
     
    #54     Sep 5, 2006
  5. trtrkk

    trtrkk

    I find the comission table in website,
    a) ECN fees: $0.00
    b) DOT ACCESS FEES: $0.00
    c) SEC Sales Tax: Variable as per SEC. As of June 29, 2005
    $0.0000418 per $1.00 Sold in Securities
    d) NASD TAF: $0.000075 per share sold
    e) NSCC FEE: $0.00003 per share, 0.01 minimum charge
    Is these comission necessary for level 1 order?
    or necessary for only level2 order?
     
    #55     Sep 5, 2006
  6. trtrkk

    trtrkk

    When open new account, I must select a package from
    platinum,gold ,bronze,
    But after 1month, if I want to change package,can I change package?
     
    #56     Sep 6, 2006
  7. amm

    amm

    During stock daytrading, if customer earn money,
    the amount is soon refrected in margin account?
    or updated on next morning?
    for example,
    If buy stock at $30,000 and sell at $28,000, so lost$2,000
    the losted $2,000 is soon decreased from margin account?
    or decreased at next morning?
     
    #57     Sep 6, 2006
  8. amm

    amm

    they can allow your margin enabled account to having buying power of 4 times on positions opened and closed during that day
    ª
    That mean ,if I buy stockA, sell stockA, then buy stockB then sell stockB, then buy stockC ,sell stockC,
    Can I use this buying power of 4 times to buy ,sell, other stocks?
     
    #58     Sep 6, 2006
  9. amm

    amm

    Margin buying power is 4 times of cash in account,
    so I have $100,000 in account, then my buying power
    is $400,000.
    I buy stockA with $400,000, then sell with $400,000
    then I buy stockB with $400,000, then sell with $400,000
    then I buy stockC with $400,000, then sell with $400,000
    in these, can I rotate this $400,000 to buy, sell different stocks
    with limitless?
     
    #59     Sep 6, 2006
  10. That's right. How do you think so many here doube thier money on a weekly basis?
     
    #60     Sep 6, 2006