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Friday, January 23, 2009 10:23:52 AM
My first 10 trades are *free each month with Zecco as I maintain the minimum of $2,500 in the account. I selected my broker after conducting research that they were penny stock friendly. Thus I use the Zecco account to only trade pennies in this price range. What is your broker saying to you?
Incidentally, I can receive a referral fee for anyone I refer. If you are interested in switching, PM with a personal e-mail address. Thank you.
* FINRA TAF and Section 31 fees are still applied however. FINRA assesses the TAF on its members through clearing and self-clearing firms at a rate of $.000075 per share, with a maximum of $3.75 per trade on all liquidation (sell) orders. Section 31 fee calculation: $39.30 per $1,000,000 in principle amount on sales. Therefore, a principle amount of $140 would be subject to a Section 31 fee of $.01.
JMO.GLTA.
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Posted by: GekkoTheGreat Date: Friday, January 23, 2009 9:06:07 AM
In reply to: funmaxus who wrote msg# 61557 Post # of 61560
funmaxus... and then again, maybe your broker is trying to tell you something?????
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