Stock and Option Brokerage Information:
The experts here at Brokerage.com have tried many brokerages - here is a simple chart comparing stock transaction fees. We recommend TradeKing as they have the lowest fees with the most flexibility. Though sharebuilder is great for monthly investing, you can not purchase or sell stocks with the market at a competitive rate.
Stock Trading Fee Chart
| Brokerage | Min. Commission on 500 Shares | Balance Requirements |
|---|---|---|
| AB Watley | $9.95 | $2,000 |
| Charles Schwab | $12.95 | $1,000 |
| E*Trade | $6.99 (1500+ trades) - $12.99 (0-29 trades) | $1,000 |
| Fidelity | $10.95 (72 trades/year) - $19.95 (0-71 trades) | $2,000 |
| Firsttrade | $6.95 market orders | NONE |
| InvesTrade | $7.95 | $2000 |
| Scottrade | $7.00 all trades | $500 |
| ShareBuilder (ING DIrect) | $4 if purchase transaction $9.95 (internet) realtime - $29.95 phone realtime | NONE |
| TD Ameritrade | $9.99 | $2000 |
| TradeKing | $4.95 all trades | NONE |
We have found that option trading fees differ substantially from stock trading fees. Compare option trading pricing easily in thais chart:
Options Trading Fee Chart
| Brokerage | Option Transaction Fees | |
|---|---|---|
| AB Watley | $9.95 + $1.50 per contract | |
| Charles Schwab | $9.95 + $0.75 per contract | |
| E*Trade | $12.99 + $0.75 per contract | |
| Fidelity | $19.95 + $0.75 per contract | |
| Firsttrade | $16.95 market/limit + $0.75 per contract | |
| InvesTrade | $14.95 + $1.50 per contract | |
| Scottrade | $7.00 + $1.25 per contract | |
| ShareBuilder | $15.95 + $1.00 per contract | |
| TD Ameritrade | $9.99 + $0.75 per contract | |
| TradeKing | $4.95 + $0.65 per contract |
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Stock Trading World News:
Glitch Hits Tokyo Stock Exchange Trading (PC World via Yahoo! News) Trading of Zarlink Semiconductor Common Shares Will Be Suspended from the New York Stock Exchange (Marketwire via Yahoo! Finance) Global IP Solutions' CEO Rings Opening Bell and Begins Trading on Oslo Bors Stock Exchange (PR Newswire via Yahoo! Finance) U.S. stock indexes open mixed (UPI) General Motors stock falls back after topping $16 a share (Detroit News)
Trading of futures and derivatives on the Tokyo Stock Exchange was suspended on Tuesday morning following a systems glitch.
Zarlink Semiconductor Inc.(NYSE: ZL) today announced that it has been advised by the New York Stock Exchange Regulation, Inc. that trading of the common shares of Zarlink Semiconductor Inc., ticker symbol ZL, on the New York Stock Exchange will be suspended prior to the opening on Tuesday, July 29, 2008.
Global IP Solutions Holding AB, the leading provider of multimedia processing solutions, is proud to announce that today its chief executive officer, Emerick Woods rang the opening bell at 9am CET as it began trading in the company's shares on the Oslo Bors stock exchange in Norway, under the ticker GIPS.
NEW YORK, July 23 (UPI) -- Major U.S. stock indexes fluctuated between gains and losses in trading Wednesday amid mixed earnings reports and a dip in oil prices.
General Motors Corp. stock soared in early trading today, topping $16 a share for the first time in more than a month -- a big recovery since it fell below $9 last week.