Stock and Option Brokerage Information:
The experts here at Brokerage.com have tried many brokerages - here is a simple chart comparing stock transaction fees. We recommend TradeKing as they have the lowest fees with the most flexibility. Though sharebuilder is great for monthly investing, you can not purchase or sell stocks with the market at a competitive rate.
Stock Trading Fee Chart
| Brokerage | Min. Commission on 500 Shares | Balance Requirements |
|---|---|---|
| AB Watley | $9.95 | $2,000 |
| Charles Schwab | $12.95 | $1,000 |
| E*Trade | $6.99 (1500+ trades) - $12.99 (0-29 trades) | $1,000 |
| Fidelity | $10.95 (72 trades/year) - $19.95 (0-71 trades) | $2,000 |
| Firsttrade | $6.95 market orders | NONE |
| InvesTrade | $7.95 | $2000 |
| Scottrade | $7.00 all trades | $500 |
| ShareBuilder (ING DIrect) | $4 if purchase transaction $9.95 (internet) realtime - $29.95 phone realtime | NONE |
| TD Ameritrade | $9.99 | $2000 |
| TradeKing | $4.95 all trades | NONE |
We have found that option trading fees differ substantially from stock trading fees. Compare option trading pricing easily in thais chart:
Options Trading Fee Chart
| Brokerage | Option Transaction Fees | |
|---|---|---|
| AB Watley | $9.95 + $1.50 per contract | |
| Charles Schwab | $9.95 + $0.75 per contract | |
| E*Trade | $12.99 + $0.75 per contract | |
| Fidelity | $19.95 + $0.75 per contract | |
| Firsttrade | $16.95 market/limit + $0.75 per contract | |
| InvesTrade | $14.95 + $1.50 per contract | |
| Scottrade | $7.00 + $1.25 per contract | |
| ShareBuilder | $15.95 + $1.00 per contract | |
| TD Ameritrade | $9.99 + $0.75 per contract | |
| TradeKing | $4.95 + $0.65 per contract |
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Stock Trading World News:
New York Stock Exchange halts trading in Satyam stock (Hindustan Times) Eastday-Lenovo suspends stock trading amid restructure speculation (Eastday.com) New York Stock Exchange halts trading in Satyam stock (New Kerala) Amman Stock Exchange trading report on Wednesday Jan 7 (MENAFN) Octavian Global Technologies Reports Reverse Stock Split and New Trading Symbol (PR Newswire via Yahoo! Finance)
COMMENT ON THIS ! Your Views! The New York Stock Exchange on Wednesday halted trading in the stock of beleaguered Satyam Computer Services prior to the opening of the market at 9.30 am US eastern time, the NYSE said in a statement.
China's Lenovo, the world's fourth largest personal computer maker, suspended trading on the Hong Kong stock market on Wednesday, amid speculation of an imminent restructuring.
Hyderabad, Jan 7 : The New York Stock Exchange Wednesday halted trading in the stock of beleaguered Satyam Computer Services prior to the opening of the market at 9.30 a.m. US eastern time, the NYSE said in a statement.
Amman Stock Exchange trading report on Wednesday Jan 7
Octavian Global Technologies, Inc. , a leading provider of total gaming and lottery solutions, serving Casino, AWP , Lottery and emerging gaming market sectors worldwide, announced today a 1-for-5.0174 reverse stock split of its shares of common stock and a change of its trading symbol on the OTC Bulletin Board to "OCTV."