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What Stock Brokerage is the Most Economical with Unlimited Share Buying?
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[QUOTE]Originally posted by Numa: [QB] [QUOTE]Originally posted by DWE: [qb] Does that 1/2% of the principle fee on Scottrade add up to your expectations where you're still saving money on total commission fees versus paying a flat $9.95 per transaction like on Schwab? [/qb][/QUOTE]The 1/2% is not that bad (especially compared to Schwab) but it does cut into profits on swing plays. It really depends on how much money you're buying with. If you made a $5000 purchase, the total commission would be $32. If you were to purchase $1000, it would only be $12.00 [/QB][/QUOTE]
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