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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: art slott who wrote (2585)6/8/1998 12:09:00 AM
From: Dan M.  Read Replies (1) | Respond to of 6931
 
If you are asking me what Webstreet charges

on margin accounts, I don't know. I have DLJ Direct, and I did not have a margin account with them. I am applying for one with NDB, however. I filled out the app. for NDB tonight. I wonder how long it will take to get the new acct. open and then DTC my holdings into the NDB account? I'm hoping I can get that all taken care of by early next week.



To: art slott who wrote (2585)6/8/1998 12:34:00 PM
From: Skip_S  Read Replies (1) | Respond to of 6931
 
ETRADE

I have used etrade and have had no problems.

For all who are looking for a new discount broker, check out
www.gomezadvisors.com . They compare most of the discount brokers. the last time I looked, ETRADE moved up to number 2 in ranking.




To: art slott who wrote (2585)6/8/1998 6:42:00 PM
From: Greektale  Read Replies (1) | Respond to of 6931
 
** OFF TOPIC **

<< Etrades is poor if you like to trade. They don't even confirm a market order in a timely manner. I didn't know for almost an hour that a market order had been rejected! It cost me $600. Grade F for timeliness.
Dan, what does Webstreet charge on there margin accounts?

Thanks, Art>>

I agree on that one .. they do take for ever to confirm an order. That is the reason that i am still looking around. Overall, though i have not been able to find something better.

Pete



To: art slott who wrote (2585)6/8/1998 10:13:00 PM
From: ORF  Respond to of 6931
 
Art and anyone else interested:

Margin accounts with Webstreet are charged the following:

0-5,000........2.0% added to *broker's call
(*changes daily...today 7% plus change)

5,000-10,000...1.75% added to broker's call

10,000-15,000..1.50% added to broker's call

15,000-20,000..1.25% added to broker's call

20,000-25,000..1.00% added to broker's call

25,000 up......0.75% added to broker's call

Hope that helps!

Bill