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To: Les Paul who wrote (97095)2/10/1999 11:10:00 PM
From: JBird77777  Respond to of 176387
 
RE: Brokerage firms for trading - margin interest rates

Suretrade margin interest rates may be the lowest in the market.

Margin Bal. Rate
$15-50,000 6%
$50-100M 5 5/8
$100-250M 5 3/8
$250-999M 5 1/8
Over $1 mil. 4.75

Internet trades are $7.95 for market orders or $9.95 for limit orders. Option orders are $20 + $1.70 per contract, $28.95 minimum.

And for heavy hitters like Sig, Kemble, and esp. Bill Michaels, I think that accts. are insured for $100 million.

JB