To: jebj who wrote (10340 ) 4/12/1999 11:54:00 PM From: RDHickman Read Replies (2) | Respond to of 14162
jb, Yes, Mr. Stock is my Broker. Good people. Friendly. Relaxed. I bugged them with all kinds of nit-picky questions BEFORE signing on, because I wanted to be sure I could use Leaps as a Stock Substitute and Write Conventional Calls against them. Very helpful. No pressure. No hype. Ordinary Equity Purchases and Options can be done on-line. Leaps and Spreads MUST be called in at the $19.95+ price. When you call to trade, you go to the "Options Desk". Their primary function is OPTIONS! What a relief! xxx Stock Trades Transaction Size Order Type Entry System Commission 0-5000 Shares Market Order Internet $14.95 0-5000 Shares Market Order Touch Tone $14.95 0-5000 Shares Market Order Live Broker $19.95 0-5000 Shares Limit or Stop Order All Types $19.95 Above 5000 Shares All Types All Types Addtional 1 1/2¢ per share ** Stocks priced under $1 are $19.95 per 5000 shares Options $19.95 per trade plus $1.75 per contract. Mutual Funds Fund Type Buy Sell Exchange No Load $25 $25 $25 Load No Fee Load Only No Fee No Fee Margin Rates Average Debt Balance Interest Rate $25,000 and Above 3/4% above broker's call rate $20,000 to $24,999.99 1% above broker's call rate $15,000 to $19,999.99 1 1/4% above broker's call rate $10,000 to $14,999.99 1 1/2% above broker's call rate $5,000 to $9,999.99 1 3/4% above broker's call rate Below $5,000 2% above broker's call rate Miscellaneous Fees Fee For Amount IRA No Set Up Fee. No Annual Fee. $50 Termination Charge. Incoming Funds Transfer No Charge Outgoing Funds Transfer $15 Bounced Checks $25 Accommodation Transfers $15 Legal Transfers $15 Physical DVP $15 Regulation T Extension $25 Cash/Margin Call Letters $5 Stock Certificate Handling Fee $25 Duplicate Statements $15 Document Reprinting $3 xxx On their Website at mrstock.com they have a second opinion feature which is interesting. I'm comfortable with them! /Dick