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Non-Tech : Always Looking for Cheap Internet Brokers

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To: rjm2 who wrote (581)7/13/2001 2:57:08 PM
From: rjm2   of 602
 
elephantx seems ok. 3% on cash balances, small monthly fees for accounts under $100k. Only downside is no otcbb stocks.

Free limit orders are nice. Bear Sterns supposedly has a stake.

The one feature they have that many do not is, no time limit on GTC orders. Most of the deep discounters orders expire after a month or two.
I dont like having to reenter orders & such.

SmartFees
The fee is based on the account value on the Wednesday prior to the last Friday of the month.

Less than $30,000 Account Equity $9.95/Month
$30,000 - $40,000 Account Equity $7.95/Month
$40,000 - $50,000 Account Equity $5.95/Month
$50,000 - $100,000 Account Equity $2.95/Month
Over $100,000 Account Equity No Cost
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