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Hi Dean:
I compared E*Trade, Ameritrade and DBS in search for the service. DBS charges
$1.76 per contract for option trades with $15.00 minimum. Compared to this,
Ameritrade was about 2.25 per contract, and E*Trade was even higher. I have
just started with DBS, and the order execution seems fine on the net. Their
charge for live broker order is about $25.00, with additional $4 or so for
other charges.
If you go to www.tradepbs.com and click on "Commission Schedule", you will get
this info.
Best Wishes:
Girish Patel, M.D.
Bush, Dean wrote:
> Which options broker within the U.S. has the lowest commission rate, but
> yet provides efficient service?
> Someone posted Dreyfus earlier this month as charging only $15. I went to
> the Web site and downloaded the application forms, but there was no
> description of the breakdown of commissions (I'm sure that $15 is a base or
> bare minimum fee).
> Thanks for you help.
> Dean
> Dean Bush
> 7433 Beach Drive
> Panama City Beach, FL 32408
> Phone: (850) 230-DEAN
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