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Non-Tech : Preferred Capital Markets - Attitude Online Trading -- Ignore unavailable to you. Want to Upgrade?

To: Spots who wrote (3)3/24/1998 11:17:00 PM
From: jtsaratoga  Read Replies (1) | Respond to of 49
 
No problem, Spots.

Aside from what I posted earlier, here are a few more things, not necessarily good or bad, to point out:

1. Account balance/buying power is calculated daily, not like Datek which is real-time. I was told that they are working on it. No date yet.

2. 0.02/share commission applies to NASDAQ and listed market orders. 0.03/share applies to listed limit orders. Datek is cheaper but slower since it relies on HTTP stuffs.

3. Real-time quote on one stock at a time only. However, it shows the bid/ask sizes.

4. I was told that one can trade after market through phone, with higher commission start with $35 for 100 shares to $60 upto 1199 shares.

Good trading,
JT



To: Spots who wrote (3)3/26/1998 12:15:00 PM
From: TradRgirl  Read Replies (2) | Respond to of 49
 
Hi,

I have been using Preferred Capital for a while...They seem to be a good bunch, but executions are not as fast as my MB trading account.

Commissions can be hefty if you trade larger than 1000 share lots...but all in all no major compaints.

Trade Happy!


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