posted
this can not be right .003 per share. i just dont see makeing any gains unless you are going long ? just not enough cash for free trades let, and scottrade does not have buy and sell options on half of the symbols i put in there for paper tradeing.. looks like ameritrade is looking better but dont like the inactive fees. what do you guys think
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posted
I don't know what .003 fees you are talking about. I have had no problem making day to day profits, the fees in addition to the 5$ are VERY VERY small usually. Like a buck here, a buck there.
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posted
I agree with Marcidius completly...I have never had to pay more than $10 for a trade.
wingnut
quote:Originally posted by Marcidius: I don't know what .003 fees you are talking about. I have had no problem making day to day profits, the fees in addition to the 5$ are VERY VERY small usually. Like a buck here, a buck there.
posted
i havent trade ibzt on lowtrades yet. but usually when you buy a stock it is just $5. however, at the time of sale, depending the stock, you get charged some hidden fees that they do not specified in the website. you get them on a paper statement on the mail. this hidden fees, are not outrageus thought. the most i ever paid for a trade with those fees included was something around 25-30$. again: i have only been charge this fees when i sell. hope this help...
quote:Originally posted by budme: anyone currently using lowtrades, can i use a trade example here? just to make everything clear for everyone looking to sign up for an account.
how much commission would you pay on this particular trade. OTC stock
30,000 shares of IBZT @ $0.045
And if its more than $5, can you tell us how you got a different price.? Thanks
posted
The only time you pay more than $5 is when you chose to use another ECN besides the default ECN that Lowtrades provides. The only time you pay more from what I understand is if you want to buy or sell more than 100,000 shares of a stock and then it is .0005 a share or 1% of the principle which ever is less.
ex. I sold 500,000 shares of QBID today which is the maximum share amount allowed by Lowtrades for .0028 and it cost me 19.
wingnut
If you have any questions you should call them and they are freindly and are willing to help you with any questions. However thanks to QBID I will be moving my account over to freetrade.com
quote:Originally posted by budme: anyone currently using lowtrades, can i use a trade example here? just to make everything clear for everyone looking to sign up for an account.
how much commission would you pay on this particular trade. OTC stock
30,000 shares of IBZT @ $0.045
And if its more than $5, can you tell us how you got a different price.? Thanks
[This message has been edited by wingnut (edited February 10, 2004).]
posted
The interface is very simple...If you want an example you can go to mytradz.com and look at their demo. It is exactly the same as lowtrades.com's interface.
wingnut
quote:Originally posted by m_h13021: How is Lowtrades trading interface?
Does anyone have the money market account set up and use the debit card? I am liking this idea.
Anything a Lowtrader user can tell us more about pros/cons of the service? -
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