i am about to open an account at suretrader and its pretty technical with the amount of info they need but i just wanted to make t=sure that they are worth it. like i know someone that uses this broker will eventually stumble up on the post so please share your thoughts pros/con doesnt matter i just need some insight. heard good and bed thing about them
Sure Trader is a get what you pay for, the web trading is very basic and not good, every now and then you will have issues with them, that is just how it goes, i recommend doing what evveryone else does, use it go get out of the pdt transfer your money and leave a small ammount in there because they do have shares to short often.
if you can pay the $50 a month fee for there DAS trader platform, less issues.
The fees for a round trip trade of 100 shares come out to $10.52. The breakdown is $9.90 in commission fees and .62 cents in ECN, SEC and NASD Fees. ECN Fees are the most. A round trip trade of 1800 shares would cost roughly $21.00. Anything more than 1800 shares would begin to cost more than E*Trade, who charges a flat $20 fee regardless of the share size. For someone with a small account who wants to practice trading 100 to 1000 shares at a time
so i decide to try out option house. $4.75 flat rate for trades might still give suretrader a shot just to practice shorting and avoid pdt rule thanks for all the great feedback and support... hopefully i can bounce back from these losses soon. by the way do any of you guys have tims dvds?
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