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Non-Tech : Trading Direct internet brokers -- Ignore unavailable to you. Want to Upgrade?

To: bob wallace who wrote (2)	5/11/2003 12:53:48 PM
From: RockyBalboa	Respond to of 3

No, I don't use that. Seen from the fee schedule, there are cheaper brokers out, generally spoken. Especially options for $15+1,75x is way ahead what ameritrade charges tradingdirect.com I found an old review on the net, its a few years ago but has not changed very much (-> This ranking has been compiled by Don Johnson, all comments should be emailed to him. ) ------------------------------------------------------ Trading Direct [Letters] (1-800-925-8566): Limit & market orders (online): $9.95 for any number of shares. Touch-tone: $19.95 for any number of shares. Broker-assisted: $34.95 for any number of shares. Penny stocks: no penny stocks, some exceptions (see web page). Options: $20 + $1.75 per contract ($25 minimum). Margin rate: 8% to 9 1/4%: brokers call + 3/4% to 2% (high). Account minimum: no minimum. Mutual funds: 2000+ funds at $15.95 per trade. IRA annual fee: free; free setup; closing fee $50. Real time quotes: $29.95 per month. Perks: free news, intraday charts, quotes, and Reuters. WebTV compatible. Foreign cash accounts (not margin) OK. Overall service rating: Appears to be good. Comments: Order approval may require up to 1 minute. Web site demo available. A Division of high-cost York Securities. "Their service seems great. I e-mailed them and got a personal response quickly. I also received a phone call [that] my signed forms and check was received. . .Excellent customer service unlike Suretrade.(3/16)" "$750 of mine suddenly disappeared from my account. Every time I called I was treated like I was a nuisance. . .If customer service is important to you, don't use Trading Direct.(4/14)" "I've been with them for a couple of weeks now and no problems encountered so far.(4/26)"