Empire Financial Group "Commission Free Trading"

STOCKTALK

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Non-Tech
Empire Financial Group "Commission Free Trading"

An SI Board Since August 1998

Posts	SubjectMarks	Bans
8	0	0

Emcee: David Shie	Type: Unmoderated

Introduction Compact

I just saw there ad on CNBC today and checked out their web site. Apparently, they don't charge commission on trades which meet their criteria. From their web site (http://www.lowfees.com/):

"No minimum account balance required. Commission free schedule applies to 1000 shares or more of NASDAQ stock valued at $5.00 or more per share and 1000-5000 shares of an exchange listed stock valued at $5.00 or more per share on market orders only. All orders are subject to a $3.00 postage / handling fee. Although there is no commission to you, we may receive payments for these trades from our clearing broker. Your confirmation will indicate if such a payment has been made."

Does anyone have experience with this brokerage firm? How reliable are they w/r to execution speed and quality of executions? Is their customer service reps responsive to customer concerns? Any comments would be appreciated.

David

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
8	Commission free trades are usually for market orders. You give up the spread a	JamesR	-	8/12/1998
7	Good point. Good luck to you and your trading.	Billy Bob	-	8/12/1998
6	Cossack wrote: "Are you doing a free commercial for them?" No, not r	David Shie	-	8/12/1998
5	personally i just signed up with witcapital, feel their digital stock market wh	Cavalry	-	8/11/1998
4	Are you doing a free commercial for them? You know when I read your post I tho	Billy Bob	-	8/11/1998
3	That is sad. Most discount brokerage firms get rebates back from the large mar	Billy Bob	-	8/11/1998
2	Explanation by the Company President: Empire Financial Group, Inc., a discount	ilh1	-	8/11/1998
1	sounds like mm's are paying commisions to get biz, scares me a bit to see m	Cavalry	-	8/11/1998

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