Value Microcaps Motherboard

[researcher59]

FREETRADE sounds impressive, but how do they make any money with those rock bottom commission rates ? I'm always a bit suspicious of freebies. Is there any other broker with comparible rates ? What do you do if you're travelling and need to make a trade by phone ? Why can't I have margin accounts at both Freetrade and Ameritrade ? Is order routing and execution as quick and efficient at Freetrade as Ameritrade ? I once had an account at BROWN for a trial ... but I closed it after just 2 weeks. Why ? Order routing was selective and therefore unacceptable. Bid/ask spreads were often significantly wider on Nasdaq quotes at BROWN compared with Ameritrade or Waterhouse. I could save $5 on commission, and lose $100 by paying $11.34 per share rather than $11.24 on a 1000 share order. Quick execution and best market price are of primary importance to me ... a few bucks on commissions takes the back seat. If Freetrade really gets you the equivilant speed of execution and best market price, then it's a great deal for those who don't need extra services. Are you getting timestamps to the second for your executions ? It may not matter if they're limit orders, but sometimes on a thin spread market orders are important and useful. Always beware of 'freebies' ... sometimes they aren't ! BROWN sure wasn't.