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Pretty much any brokerage firm will buy more insurance if your account
is large and profitable. Probably have to ask them. Unfortunately my
account isn't over the coverage at most firms. Rats.
Jimmy
Wednesday, January 26, 2005, 1:41:37 PM, you wrote:
V> No feedback on Scottrade from me, but why not move to Fidelity, it is 8$ fix
V> and you get Wealth-Lab plus real time data and EOD data for free (if you
V> make more then 120 trades per year).
V> One feedback I got from a few large account holders and traders is that the
V> insurance of your account in case of bankruptcy or similar things is very
V> important. In other words how much money is secure in such a case.
V> Regards,
V> Volker Knapp
V> (www.wealth-lab.com)
V> -----Ursprüngliche Nachricht-----
V> Von: Joe [mailto:jes333@xxxxxxxxxxxx]
V> Gesendet: Wednesday, January 26, 2005 8:18 PM
V> An: Omega-List@xxxxxxx Com
V> Betreff: OT - Scottrade
V> I'm considering moving my IRA account from IB to Scottrade. I trade EOD
V> stock systems in my IRA. IB's share based commissions are too high when
V> buying large blocks of stock, so I'm looking for a broker with a fixed
V> commission per trade.
V> Scottrade looks good because they have no maintenance fees, no data fees,
V> and a $7 per trade fixed commission rate for all order types. Feedback on
V> Scottrade would be greatly appreciated.
V> Thanks,
V> Joe
--
Best regards,
Jimmy mailto:jhsnowden@xxxxxxxxxxxxx
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