It's simple.
ChoiceTrade is an excellent value for self-directed traders. Compare for yourself:
|
ChoiceTrade |
E*Trade |
TDAmeritrade |
Schwab |
Scottrade |
Stock Commission |
$5.00 |
|
|
|
$7.00 |
Surcharge for Penny Stocks |
None |
1/2% principal value for stocks under $1.00 |
None |
Add $4.00 |
1/2% principal value for stocks under $1.00 |
Commission Options |
$10.50 |
$17.49 |
$17.49 |
$16.45 |
19.50 |
Data Platform Options |
3 |
2 |
2 |
2 |
2 |
Customizable pages |
Yes |
No |
No |
No |
No |
Direct Access |
Yes |
No |
No |
Yes |
No |
Annual |
No |
Yes |
No |
No |
No |
|
$25.00 |
$45.00 |
$35.00 |
$25.00 |
$20.00 |
Prices for competitors were obtained on February 26,2010 and are believed to be accurate, but not guaranteed. Some of the firms listed above may reduce or waive commissions or fees, depending on account activity or total account value.
* Schwab rate based on fewer than 120 trades and $999,999 or less in household balances.
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