StocksAndMutualFunds Comparison



Broker


Min. Bal.


Min. Fee


Details


Broker Assist


Extra Fees


Charles Schwab


$2,500; ($2000 for IRAs)


$9.95


$1,000,000 account balance or >120 trades per year for lowest rate; $12.95 per trade otherwise.


Commission plus $25.00


$12.50 per quarter for accounts that fall below minimum balance.


E*Trade


$10,000


$6.99


Must have $50,000 balance or make 1500 trades per quarter; $12.99 per trade for accounts under $50,000 that make under 30 trades per quarter; No-Fee IRAs limited to those with $25,000 balance in other E-Trade accounts


Commission plus $45.00


$40 quarterly for accounts open over 12 months with no trades in the previous quarter.


Muriel Siebert, SiebertNet


None


$14.95


$14.95 up to 1,000 shares, $0.015 per share over 1,000 shares


Minimum $37.50 per trade


None


Options Xpress


None


$9.95


$14.95 if less than 9 trades per quarter


No Extra Charge


None


Scottrade


$500


$7.00


Some Foreign issues and Pink Sheets must be broker-assisted


$27.00


None


ShareBuilder.com


None


$4.00


$4 trades automatically executed; Real-time trades $9.95


N/A


None


TD Ameritrade


$2,000; ($1,000 for IRAs)


$9.99


None


$44.99


None


TradeKing image001


None


$4.95


None


N/A


None


WallStreet*E


None


$14.99


$0.01 per share over 1,000 shares


N/A


$100 annual inactivity fee


Zecco


None


$0.00


With $2,500 balance first 10 trades per month are free. All other trades are $4.50 per trade.


N/A


None

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