|
SELECTED BROKERAGE FIRMS COMPARATIVE TABLE
This table is provided as a service only, please confirm data, conditions and rates
and fees updates with each particular Brokerage Firm since conditions are subject
to changes. We assume no responsibility for omissions or mistakes.
|
|
Brokerage Firm
|
Minimum Charge for Stocks Trade in $
|
Fee for Option Trades in
$
|
Margin Interest
%
|
Account maintenance fee?
|
Minimum Account
Balance Required
$
|
Automated Trading
|
Free On Line Tools Offered?
|
Virtual Trade Tools
|
Tutorials
And Training
|
|
Ameritrade
www.ameritrade.com
|
9.99
|
0.75
|
7.75 +
|
No
|
0
|
Yes
|
Yes
|
?
|
?
|
|
Etrade
www.etrade.com
|
7.99
|
0.75
|
3.74 - 7.99
|
Yes
|
1000
|
Yes
|
Yes
|
?
|
Yes
|
|
Fidelity
www.fidelity.com
|
8.00
|
0.75
|
3.75 - 8.575
|
Yes
|
2500
|
Yes
|
Yes
|
?
|
?
|
|
First Trade
www.firstrade.com
|
6.95
|
0.75
|
7.75
|
No
|
0
|
Yes
|
Yes
|
?
|
Yes
|
|
Option House
www.optionhouse.com
|
9.95
|
9.95 Flat
|
4.45
|
No
|
0
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Option Xpress
www.optionxpress.com
|
9,95
|
0.75
|
6.25
|
No
|
0
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Marsco
www.marsco.com
|
3.95
|
1.25
|
Base Rate
+ 3%
|
2500
|
2500
|
Yes
|
Limited
|
?
|
?
|
|
Thinkorswinm
www.thinkorswim.com
|
9.95
|
9.95+
|
1.95
|
No
|
3500
|
Yes
|
?
|
Yes
|
Yes
|
|
Tradeking
www.tradeking.com
|
4.95
|
0.65
|
4.5 - 6.5
|
No
|
0
|
Yes
|
Yes
|
?
|
Yes
|
|
Tradestation
www.tradestation.com
|
6.99
|
1.0
|
6.25 - 7.75
|
5,000-30,000
|
0
|
Yes
|
Free if balance is over one $Million, otherwise $99.95/Month
|
Yes
|
Yes
|
|
Trade Monster
www.trademonster.com
|
7.50
|
0.50
|
Fed fund
+ (1 - 3.25)
|
?
|
?
|
Yes
|
Yes
|
?
|
Yes
|
|
T. Rowe Price
www.troweprice.com
|
12.95
|
1
|
Base +
(0.25-1.25)
|
yes
|
2500
|
?
|
yes
|
?
|
Yes
|
|
Scottrade
www.scottrade.com
|
7.00
|
1.25
|
5.25 -7.75
|
No
|
500
|
?
|
Yes
|
?
|
Yes
|
|
Schwab
www.schwab.com
|
8.95
|
0.75
|
6 - 8.5
|
No
|
0
|
?
|
?
|
?
|
Yes
|
|
Share Builder
www.sharebuilder.com
|
4.00 & 9.95
|
1.50
|
Basic -
(0.25-0.50)
|
No
|
0
|
Yes
|
yes
|
?
|
Yes
|
|
Zecco Trading
www.zecco.com
|
4.50
|
0.50
|
4.7-7.2
|
No
|
500?
|
Yes
|
At $20.00/Month
|
?
|
Yes
|
|
SogoTrade
www.sogotrade.com
|
3
|
0.70
|
4.50-7.75
|
No
|
500
|
Yes
|
Yes
|
Yes
|
Yes
|
