Who's cheaper than Scottrade and DOESN'T have inactivity fees?

Discussion in 'Retail Brokers' started by 1a2b3cppp, May 24, 2013.

  1. #11     May 25, 2013
  2. I will say, Scottrade's customer service has always been phenomenal, whether I call, email, or stop by an office.
     
    #12     May 25, 2013
  3. Oh, another requirement I have is free withdrawals. It's fine if it's a check they have to mail to me.
     
    #13     May 25, 2013
  4. time to time, fast executions .
     
    #14     May 25, 2013
  5. #15     May 25, 2013
  6. All these cheaper commission brokerages sound shady as heck.

    OptionsHouse seems to be the only non-shady one.
     
    #16     May 25, 2013
  7. #17     May 25, 2013
  8. Also, OptionsHouse is out if you trade penny stocks. In addition to the regular commission they charge $0.005 per share for stocks under $2. The rest just add 0.5% of the principal.

    [​IMG]

    I couldn't find any info for Just2Trade about penny stocks.
     
    #18     May 25, 2013
  9. Brighton

    Brighton

    OptionsXpress (now part of Schwab) is a decent home for long-term capital appreciation accounts like retirement money. In my experience, they'll match Scottrade at $6.95 for most stock txns and $10/side for 10 options contracts.

    I still keep some money there (IRAs), mostly for broker diversification but also because of inertia - the accounts are not that active and it's not worth the hassle to switch to save a few bucks.

    If you're dead set on leaving Scottrade, OX often runs promos for commission free trades for the first 60-180 days. Just need to catch them when they're hungry.
     
    #19     May 25, 2013
  10. I'm not deadset on leaving Scottrade. They're awesome. I just want to pay less than $7 per trade.
     
    #20     May 26, 2013