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I've been with Lowtrades for a few years now. Its still 2.99 trade for me. New members its 4.99, which is still a good deal. I've never heard of SogoTrade.
Posts: 725 | From: litte rock AR | Registered: Oct 2005
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Jeez! I hate when there are huge debates about which broker has the best deal on commisions! Unless you are a daytrader that makes dosens of trades per day.....I would say your priorities are way out of wack when it comes to choosing a broker!
If you are making hundreds or hopefully thousands on trades....whats the difference in a few dollars! (again like I said above daytrading is a different story) You should be looking at other factors like platform, customer service, selection of stocks to short, clearing firm, ect......
Commision is a non issue.....unless you are a real daytrader or a newbie with only a few hundred dollars!
Posts: 2321 | Registered: Aug 2006
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I'm leaving iNG'S sharebuilder. I'm getting tired of the 9.95 trades and then a .015 commission per share after you make a sell order for over 1k. That pushed me over the limit because when you're trying to trade something for like a 50 gain or something but it costs you like 20-25 to execute it its completely unexceptable.
Posts: 301 | From: Hamilton, NJ | Registered: Jul 2007
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I have tdameritrade and scottrade. they both have good and bad points.
I do however need to find an online broker that is more friendly to day trading penny stocks. TD wont let you put in more than 2 figures past the decimal point and Scottrade flags a lot of stuff so you have to call the broker to get the trade initiated.
I need to find someone who just lets me make my trades with out all the hassles....
-------------------- I don't need no stinking Broker to loose my money. Posts: 37 | From: NY | Registered: Sep 2007
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All good, but the question is which one allows after market trades on OTC stocks and doesn't charge an extra fee for stocks under $1.
I have Zecco and love em except for not having after hours or pre market? I also have tradeking, but you can only trade pre market and until 5pm? They chare a .01 per share anything under a $1 and you have to call them in.
I missed out on VNDA 2 months ago because of that. Caught the news at 5:30 or so when they were at $1.08 by 8 pm they were at $8.52!