InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,346.00
(
0.42%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
86.06
(
0.75%
)
Bitcoin
61,343.55
(
-0.43%
)
Post# of 89915
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

GreedyAgorist

Send PM Follow Ignore
Followers 17
Posts 715
Boards Moderated 0
Alias Born 03/29/2019

GreedyAgorist

Re: Garyst post# 85249

Friday, 10/11/2019 2:05:18 PM

Friday, October 11, 2019 2:05:18 PM

Post# of 89915
Too good to be true for zero commissions on penny stock trades, that is, too good too last in the case of some brokers who introduced zero commissions this week. Let's look at four of the larger brokers: E*Trade, Fidelity, TD Ameritrade, and Schwab.

As far as penny stocks go, the zero commission deal no longer applies at E*Trade, and may never have applied at TD Ameritrade.
E*Trade: $3.95 (maybe 2.95 for IRAs, your mileage may vary)
TD Ameritrade: 6.95 (Yikes! That rate seems like it is from a previous century, doesn't it?)

As for Fidelity and Schwab, they still seem to be honoring zero commissions on penny trades as of today.

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up