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Non-Tech
Figure the True Commission
An SI Board Since May 1999
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Emcee:  Richard James Type:  Unmoderated
Introduction Compact
Like many of us, I have had a few online brokers and contimue to search for the best broker for myself. The best for me may not be the best for you or you, but most of us all consider the costs of fees and commissions in our search for the right broker. Unfortunately,it seems that many comparisons of online brokers fail to consider returns on cash balances in determining the true cost of doing business with any particular broker. Take the example of SlickTrade and DOA-direct, the former's commission being $10 and the latter $20 for limit orders to sell or buy 1000 shares.

Forgetting about the value of good executions and price improvement, which is the better commission?
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