SmartMoney 2009 Best & Worst Online Brokers

Posted by Sun on May 19, 2009 (2) Comment

Despite all the troubles at the financial service company, E*Trade Financial scored a big win in the latest SmartMoney Broker Survey, leading four out of five categories. Though I don’t use E*Trade as my stock broker, nor do I have a savings account with them, I do have a E*Trade Global Trading Account to [...]

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Scottrade Reference Code for Commission Free Trades

Posted by Sun on May 7, 2009 (2) Comment

Online discount broker Scottrade is having a ReferALL promotion that will give a new customer referred through the program 3 commission free trades that can be used to trade equity or option with market or limit, GTC or day orders.  The free trades will be applied to the next 3 trades made online. Currently Scottrade [...]

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Discount Broker Comparison

Posted by Sun on April 17, 2009 (16) Comment

The best online discount brokers don’t necessarily offer the best value for investors. Before selecting an online brokerage, it’s better to know how much it will cost you to invest with it, even though cost isn’t the only concern.
When I look for a discount broker, one of the most important pieces of information I always [...]

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How Long Does It Take Your Broker to Answer Your Call?

Posted by Sun on April 13, 2009 (3) Comment

I am sure you have called your broker on occasions when you had a problem with your account. Usually, how long did it take for your broker to answer your phone call?  Were you be able to talk to a broker when you needed immediate assistance with your trades?
I have a few brokerage accounts and [...]

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Zecco Introduced New Services

Posted by Sun on April 6, 2009 (8) Comment

I haven’t used Zecco for a long time, especially after they introduced the new pricing structure , which requires $25,000 account minimum or 25 trades every month in order to get 10 commission free trades per month, early this year. All my recent trades were done with Scottrade, using free trades I neared from the [...]

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Firstrade Offers $10 Gift Card and Chance to Win a iPod Neno When Joining Its Online Community

Posted by Sun on March 18, 2009 (2) Comment

Firstrade, one of the popular discount online brokers, is offering incentives to people who join and participate in their newly launched online community, The Investor Network.

Details of incentives being offered are as the following:
Firstrade is very pleased to announce the launch of a promotion on The Investor Network. We’ll be giving an Apple iPod Nano [...]

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ShareBuilder Promotion: $25 Bonus to Open a New Account

Posted by Sun on February 25, 2009 (3) Comment

Are you still interested in ShareBuilder?
If you are, then you can get $25 bonus when opening a new account. This offer is only good for joint, individual and custodial accounts, not for IRA or ESA accounts. The bonus will be credited to your new account within four to six weeks after the first transaction is [...]

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Zecco Trading Alternatives

Posted by Sun on February 2, 2009 (6) Comment

Recent pricing changes at Zecco.com makes it almost impossible for small investors to trade for free. If you are looking to switching brokers, there are a few alternatives to Zecco that charge relatively low commissions for stock and option trading.
Now we know Zecco will soon be Not ZEro Commission COst for many small investors after [...]

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Zecco To Adopt New Pricing Policy: $25K Minimum Required for Free Trades

Posted by Sun on January 30, 2009 (12) Comment

Zecco Trading now requires a minimum of $25,000 in the brokerage account in order to earn 10 commission free trades every month.
This is just another example to show that there’s no such thing as free lunch, if you consider free stock trades from Zecco as *free lunch*. Since the launch in July 2006, Zecco, which [...]

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TradeKing Changed ACH Deposit Hold and Withdrawal Policy

Posted by Sun on December 22, 2008 (0) Comment

It seems that TradeKing (check out TradeKing reviews and interview with CEO Montarano for more on TradeKing) has made some changes on their ACH policy. I first saw the discussion on FatWallet forum early last week about TradeKing’s increased ACH period. At that time, the ACH deposit policy looks like this:
ACH Deposits
- 5 business days [...]

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