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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (24974)10/11/2006 11:56:39 PM
From: Spekulatius  Respond to of 78743
 
I am with interactive brokers and pay 1.$ to trade 100 shares. this is so low that the trading commissions do not matter much any more. BAC offer is not all that interesting for most folks, except those that have a savings account with BAC anyways.



To: Paul Senior who wrote (24974)2/15/2007 2:10:12 AM
From: Spekulatius  Read Replies (2) | Respond to of 78743
 
regarding Free trades: Wells Fargo has a better deal than BAC for now for those with at least 25k in assets - 100 trades/year for free. I have an Etrade account(grandfathered from Brownco) and they are Ok but free would be better. Since I have a mortgage with WF I almost do not have an effective min. requirement , so i am very tempted to try it out.

This price wars will make it difficult for online brokers to make money on commissions going forward, IMO.