To: Woody who wrote (3651 ) 4/22/1998 9:54:00 PM From: Ditchdigger Read Replies (1) | Respond to of 29382
Woody,for what it's worth I use TradeWell,here is a copied quick glance (I love'm) .Trade-Well Discount (1-888-907-9797): Online & touch-tone commission: $22 for any number of shares (even with multiple executions). Penny Stock: same rate; $22 for 20000 shares @.50. Canadian stock: $27 + .02 per share. Other foreign shares: $125 + .02 per share. Broker-assisted (phone): $5 extra per trade. Options: $21 + $1.50-$3.50 per contract. Margin rate: Brokers call + 1/2% to 2% (high). Account minimum: $500 (cash); $5,000 (margin). Mutual funds: 6000+ funds / $27 fee; 600+ for no-fee. IRA annual fee: free; no setup fee; closing fee unknown. Real time quotes: unlimited free. Perks: free debit card, free checking. Also, no charge for multiple executions: "Same day,same side, same stock = 1 commission." Institutional research, stock & mutual fund reports, graphs, earnings estimates, IPOs available thru Josephthal. Comments: Operated by Josephthal & Co. Rebates for active traders: 2 trades get you a 2% rebate; up to limit of 22 trades (per month) for 22% rebate. This firm offers news, stock reports, fund reports, charts, and free checking. "Seem knowledgeable and dedicated to the customer," says one, "and I plan to open an account." Fast response: "It took 3 days to get their info package from NY to St. Louis, compared to 3 weeks for Savoy.(6/28)" "Effortless for me. . .All came off without a glitch. I like the $22 price for penny stocks, free real-time quotes. . .and fairly quick executions. . .Customer service [people] have been polite and helpful.(2/27)" "I am lucky to have a good experience with Tradewell.(3/22)" *the above was copied from sonic.net nite all..DD