Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: John Powell who wrote (6588)	3/25/2001 6:58:02 PM
From: robwin	Read Replies (1) \| Respond to of 8925

Hi John, I find your situation interesting. I live in windsor, ontario on the border with Detroit, Michigan. There are many, many discount brokers who have offices branch offices in detroit...i have tried over the years to open accounts there but was always rejected because of canadian residence...i do have a Social Security Number from a job i had in Detroit years ago..I am going to try to open an account using Teresa's methods in the near future..I presently use TD Waterhourse for my trading (no futures of course)...i find their interface to be slow and the commissions high for simple stock and option transactions...I am looking for a U.S. online discount broker with good commissions, good service and nice margin requirements... Take it easy... Robert

To: John Powell who wrote (6588)	3/26/2001 1:10:24 AM
From: Teresa Lo	Respond to of 8925

I don't think you would have to file a return if you ask them to NOT give you any interest on credit balances... If you go offshore, you'll never be able to open an account at any reputable place, let alone trade online for a decent commission, so to me, that is not really an option. Offshore is a better deal if you are investing and rotating positions, or earning a lot of interest income. And I would not use some tropical island either. Check out Credit Suisse in Geneva... I used Best Direct for a while, but they played games with commission and I didn't like that. I didn't really like their interface either. Perhaps things have changed. As for Metastock, I am waiting for a copy of the new 7.2 to arrive, and will report on the findings. eSignal costs are at their website: esignal.com Basically, about $150 a month for 500 symbols, plus exchange fees. Note the CME is now charging $60 a month. T.