|
Brokerage Name |
Market Trade |
Limit Trade |
Inactivity Fee |
Minimum to Open |
| TD Ameritrade |
$9.99 |
$9.99 |
- |
$2,0001 |
| Scottrade |
$7.00 |
$7.00 |
- |
$500 |
| E*Trade |
$12.99 |
$12.99 |
$40/quarter |
$1,000 |
| Schwab |
$12.95 |
$12.95 |
- |
$2,500 |
| Harris Direct |
$20.00 |
$20.00 |
$15/quarter |
$5,000 |
| A.B. Watley |
$9.95 |
? |
- |
$35,000 |
| Invest Trade |
$7.95 |
$11.95 |
- |
$2,000 |
| Brown |
$5.00 |
$10.00 |
- |
$15,000 |
| R.J. Thompson |
$9.95 |
$9.95 |
- |
$2,000 |
| Wachovia |
$29.954 |
- |
$50/year5 |
No minimum |
ShareBuilder
|
$15.95
|
$19.95
|
|
$4 per investment6
|
1 $1,000 minimum for IRA accounts.
2 For 0-17 settled trades. Active traders with a minimum of $500,000 in assets or 30 executed trades over a rolling 90-day period qualify for $9.95 market and limit orders.
3 Account is active if equity is more than $10,000, at least one trade per year or $50 margin interest.
4 For 5 or fewer trades per quarter. Commissions reduced to $11.95 for 48 or more trades per quarter.
5 Fee waived if more than $50 in accrued commissions or margin interest.
6 Buy stocks automatically on a weekly or monthly basis with the ShareBuilder plan. |
|