Re: [CANSLIM] Trade Fee


From: Marc Deiter <dites@yahoo.com>
Subject: Re: [CANSLIM] Trade Fee
Date: Tue, 15 Jul 2003 10:39:15 -0700 (PDT)

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Tomas,

I currently use E-Trade, but am looking to switch.  SmartMoney
magazine in it's August issue reviews the Basic Discount Brokers and
Premium Discount Brokers.  For the Basic Discount category, E-Trade
is stated as having "the highest fees of the bunch".  Market trade
commissions at E-Trade run $19.99 plus a $3 fee, total of $22.99.  TD
Waterhouse was ranked #1 in the Basic Discount category, even with
the $17.95 market trade commission.

The article commented on Firsttrade (www.firstrade.com) as "cheap
trades and great execution, but that's about it".  The listed
commission for a market trade was $6.95.

Marc

- --- Tomas <tomas986@yahoo.com> wrote:
> Hi All,
> 
> I just noticed that TDwaterhouse (my brokerage) jacked
> up the trade fee from $12 to $17.95.  So, just
> curious, what do you guys pay for your commission fee
> (what brokerage).  I know that you get what you pay
> for, but using CS I do not use any of the brokerage
> services (research,...).  I have all the tools I need
> already.  I am only interested in good execution and
> low fees from a brokerage.  Or maybe I am missing out
> on some of the services that the brokerage is
> providing.
> 
> inputs?
> 
> Thanks,
> tomas
> 
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