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OBE

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Alias Born 08/01/2013

OBE

Re: nobody12378 post# 44303

Tuesday, 07/25/2017 7:48:43 AM

Tuesday, July 25, 2017 7:48:43 AM

Post# of 52838
I've-been-using Schwab all-along and-I trade some "suspect" dogs!

Not to give them a free "plug" (I share this only to benefit fellow traders) but they are a conservative brokerage that doesn't apply their strict philosophy to you. There's an advantage to being in a big brokerage.

Also, they now own OptionsXpress and merge your accounts for easy access. You can have IRAs (Roth and Conventional) Cash Accounts, and OpXpress all in one platform for finger-tip access. Overnight withdrawals into your private accounts are a snap.

Their Streetsmart Edge is an excellent platform with free L2 although sub-penny Level 2 shows only the current high-bid and high-ask.

They accommodate only six figures, so if you want a million shares of a Penny Stock, you can only get 999,999 at a time (with a trade fee each time)

For the longest time they were $8.95 per trade (which they would lower to $7.95 for "frequent-flyers") but now they've lowered it to $4.95 for equity trades.

I've had them all (including IB) and pretty-much abandoned them opting to use StreetSmartEdge and Schwab.

A .0045 stock will go to .045 a lot easier than a 4.50 stock will go to $45.00