-------------------- His men would follow him anywhere, if only out of morbid curiosity Posts: 83 | From: brazoria, texas, brazoria | Registered: Dec 2004
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posted
How much does Choice Trade charge. It says $5 a trade, but in reading the fee schedules it looks like they also may charge 1 cents/share. I use Ameritrade and they let me trade even stocks that go for .0001 and have no bid/ask price. Other brokers, such as Scottrade will not let you trade any stock that does not have a bid/ask price. I don't know if Choice Trade is the same way. Maybe somebody that is using Choice Trade can answer these questions.
Posts: 580 | Registered: Oct 2003
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Choicetrade has never charged me any other fee except for the $5 commission.. Choicetrade allows you to trade in any stock whether pink sheet, oTC, NYSE, Amex, Nasdaq (im meaning pennies in all these exchanges)... they also allow you to put stop/losses on ALL penny stocks you trade in... whether there is a bid/ask or not...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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posted
Thanks for the information. ChoiceTrade sounds like the choice trade. Ameritrade charges $7 Plus .5% of the amount being traded for any stock under $1 Plus I don't think that they allow you to do a stop/loss on any stock that doesn't have a bid/ask.
Posts: 580 | Registered: Oct 2003
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