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No feedback on Scottrade from me, but why not move to Fidelity, it is 8$ fix
and you get Wealth-Lab plus real time data and EOD data for free (if you
make more then 120 trades per year).
One feedback I got from a few large account holders and traders is that the
insurance of your account in case of bankruptcy or similar things is very
important. In other words how much money is secure in such a case.
Regards,
Volker Knapp
(www.wealth-lab.com)
-----Ursprüngliche Nachricht-----
Von: Joe [mailto:jes333@xxxxxxxxxxxx]
Gesendet: Wednesday, January 26, 2005 8:18 PM
An: Omega-List@xxxxxxx Com
Betreff: OT - Scottrade
I'm considering moving my IRA account from IB to Scottrade. I trade EOD
stock systems in my IRA. IB's share based commissions are too high when
buying large blocks of stock, so I'm looking for a broker with a fixed
commission per trade.
Scottrade looks good because they have no maintenance fees, no data fees,
and a $7 per trade fixed commission rate for all order types. Feedback on
Scottrade would be greatly appreciated.
Thanks,
Joe
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