|
PureBytes Links
Trading Reference Links
|
My experiences with Interactive Brokers has been outstanding. The
price for options is $1.90 per contract (no mininum). Equities are
$.01 or $1 per 100 (minimum $1). So the price is good if you are
doing smaller positions, and comparable if you are doing 1000 shares or
10 options contracts. Orders go direct to the exchange or pit, not
through a broker. The software is somewhat dated compared to many
of the GUI applications but works reliably and quickly. I haven't
been successful with stop orders; this may be a problem if you are not
in or "near" the market while your positions are open.
I also have an account with Track Data Corp. The software is good
and executions are fairly rapid. You are looking at $13 -$16 per
trade for equities and the low $20s for options. This is the account
I use for my intermediate positions when I have to have stop orders and
will be away from my positions for a while.
I have a third account at Bidwell and Co. The trading is browser
based and routes through a broker so it seems slower than the rest.
They are in the $13-$16 range as well. Service has always been excellent.
For a complete listing with user comments try this site, http://www.sonic.net/donaldj/brokers.html
I am in no way affiliated, but have found it very helpful in evaluating
brokers.
Dave Nadeau
Ron Warshawsky wrote:
Dear
List members,
Can you please share, which internet broker provides you with the best
trade execution price (for the short term (2+ days) positions). Regards
and Thank you in advance
|