I am not a big stock trader and prefer to stick to mutual funds. However, once in a while a company comes along that I have to buy and hold for a long time – years. Since I like to keep my costs as low as possible, I wanted to share the commission fees for some of the popular large brokers. Caution: some of these firms might not offer much else besides low commission rates. But if that is all you are after, than check it out.
SogoInvest (www.sogoinvest.com) $3.00 per trade
TradeKing (www.tradeking.com) $4.95 per trade
Banc of America (www.bankofamerica.com) $5.00 per trade
Firstrade (www.firstrade.com) $6.95 per trade
Scottrade (www.scottrade.com) $7.00 per trade
E*Trade (www.etrade.com) $9.99 per trade
TD Ameritrade (www.tdameritrade.com) $9.99 per trade
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