Just received this email from Suretrade:
Dear SURETRADE Client:
Thank You. You, and the nearly 200,000 SURETRADE clients like you, have made SURETRADE the fastest growing Internet brokerage firm in the world.
In the weeks ahead you will learn about our new access to IPOs, our new Real-Time Balance and Position updates, and our enhanced research and content offerings.
We continue to strive to improve our product and service offerings in response to suggestions received from our clients. Specifically, many of you have requested that we continue to focus on increasing our commitment to customer service, including providing an 800 number for those times when you need to contact us via telephone. We have heard you, and are responding to your needs.
Effective December 1st, SURETRADE Brokers and Internet Assistants will be available to you through the following number:
(800) 909 - 6827
Also effective December 1st, we are modifying our rate structure, as follows:
For Stocks priced above $2.00:
Internet Trades:
$7.95 Market Order $9.95 Limit Order
Touch-tone Trades:
Add $4.00 to the rates for Internet Trades.
Broker-Assisted Trades (when you call and speak to a human):
Add $25.00 to the rates for Internet Trades.
For Stocks priced below $2.00:
Add $5.00 to all rates above for trades up to 5000 shares, add an additional penny per share on the entire order for trades over 5000 shares.
Options:
$20.00 plus $1.70 per contract, $28.95 minimum.
Margin Rates:
For debit balances $1,000,000 and above the new rate is 1 3/4% below broker call.
Interest paid on Credit Balances:
We will no longer pay interest for credit balances under $2000. Credit balances above $2000 will earn interest at a rate of 5% below broker call.
We will continue to lead in bringing you the best all around value in Internet brokerage.
I thank you for your continued support, and wish you a healthy and prosperous holiday season.
Sincerely,
Don Montanaro President
SURETRADE.COM The Comprehensive Internet Broker for Independent Investors
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