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re: TD Ameritrade lowers cost per trade to $6.95
Posted on 3/1/17 at 2:33 pm to dabigfella
Posted on 3/1/17 at 2:33 pm to dabigfella
quote:
thats still entirely too much, go to interactive brokers its significantly less but there are either account minimums $100k or x amount of monthly trades to avoid the inactive fee.
I need to check what I do but I get unlimited trades with Morgan Stanley. Forget if I pay a % or a yearly amount though for the brokerage
1
Posted on 3/1/17 at 2:57 pm to GenesChin
Ib is awesome if you're an active trader I love them they have tons of stocks that E*TRADE doesn't have to short,shld,Sears was one I couldn't borrow till I switched. I've noticed margin requirements vary as well tesla was 40% at Etrade and 25% at ib. Ib also pays me a dividend on my tesla shares in this program where the shorts pay to borrow your shares and pay you interest you split with ib. I can't say enough about them can't believe I wasted so much time at etrade
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