Sentences with phrase «than discount brokers»

While these types of brokers often charge higher commissions than discount brokers, it is well worth to be properly educated as you will be able to trade more effectively rather than worrying about the trading cost itself.

This is much lower than in the past but still much higher than discount brokers where on average a transaction costs approximately $ 10.

He contacted me close to the expiry of the listing to ask me to take it over, and at that time I told him I would only charge: one half of one percent, more, than his discount broker — he was very disappointed that he hadn't just called me.

They are young and tech savvy — and they are looking for more than a discount broker might offer them, she says.

Not exact matches

While Interactive Brokers clearly stands out from the competition as employees are able to generate an astonishing amount of revenue — more than $ 1,500,000 per person — we know that it's more tied to IB's discount brokerage status and operational efficiency than its success to digital transformation.

For example, as of this writing, the TD Canadian Money Market Fund sports an yield of 0.41 percent which is much less than the typical 1.0 percent paid by discount broker HISAs.

Royal LePage has partnered with ICC, a provider of insurance industry flooring replacement, to offer Royal LePage agents, brokers and their clients «significant discounts from some of Canada's best - known flooring manufacturers, sold throughout the ICC network of more than 540 retail locations across Canada,» says the company.

OptionsXpress offers a complete range of training webinars and tutorials that are considerably better than I have seen from any other discount broker.

I say discounted because while they are cheaper than Scottrade's base rates, you are far better off simply opening an account with Interactive Brokers directly.

If not commission free, bite the bullet because the weighting will affect you more than a $ 4.95 commission (typical discount broker).

A 1 % foreign exchange commission each way on a $ 10K trade works out to $ 200, far more than even the most expensive discount broker commission.

They're pretty well established: they are a leader in the brokerage industry and have been around longer than many discount brokers (having been founded in 1980), with 422 local branch offices around the nation.

While you can do all your business with Scottrade online, including trading stocks, ETFs, buying and selling mutual funds, transferring money back and forth, and researching, you can also get help from Scottrade in person when necessary because, unlike many other discount brokers who operate entirely online, Scottrade has more than 500 local branch offices across the country, making getting help with either trading or general question about account much easier and convenient.

Administration Fees and Commissions Scotia iTrade's biggest attraction is the low fees, which are lower than that of the big bank brokers but higher than deep - discount brokers such as Questrade (See: Questrade Review) for accounts of modest size.

In almost every case, a discount online broker will be far cheaper in commissions than a full service broker; however, in exchange for that price consideration you will sacrifice some individual attention.

Don't worry too much about transfer fees: Transfer fees may apply to move your portfolio over to a discount broker but they won't likely be more than $ 100.

Hey Tawcan, I believe you need to go through the corporate transfer agent rather than the broker to get the discount.

In this case, the discount broker is charging at least 15 % -20 % higher transaction charges than the values set by the exchange.

If you get filled at 64.33 per share this will cost you $ 12,866 plus commission (which we are going to imagine is small enough not to matter — if you pay more than $ 5 commission to execute a trade like this then you may want to look for a discount broker, see StockBrokers.com Annual Broker Comparison.

Now, with so many discount brokers to choose from, some even offer stock trades that cost less than $ 4 per trades (for example, OptionsHouse $ 2.95 / trade and SogoTrade $ 3 / trade) without the constrain that you can only invest on a particular day of the month, I don't know how many people are still interested in trading with ShareBuilder.

I am not sure what role, if any, I had in this, but I was just informed by Shannon Paul, the Communications Manager of PEAK6 Online, the parent company of OptionsHouse, that the discount online broker has dropped the $ 100 cash reserve requirement (that's different than account minimum, which is $ 1,000 to open an account) for investors to use the broker to make a trade.

But with most discount brokers charging $ 10 per trade or less, you wouldn't expect to spend more than $ 500 to put together a well - diversified portfolio.

I know that most people in this forum are most probably more knowledgeable than I am and I apologize but what discount broker is best for getting my first share to begin DRIPping?

Astha Trade is a discount stock broker based out of Bhopal and has a presence in more than 100 locations across the country.

When placing orders, be aware that even equity orders are done in legs, so you have to get used to trading stocks a little differently than you would with other discount brokers.

It didn't take long for two other major discount brokers to match TD Waterhouse's move in lowering commissions for clients with more than $ 100,000 in assets.

Re-balancing could take place once a year which with a discount broker should cost less than $ 100 p.a.. Another way to keep re-balancing costs low is to direct new investments only to underweight portions of the portfolio, thus delaying capital gains and sell - side transaction costs.

A discount stock broker — A discount stock broker will simply carry out buy and sell orders for their clients, and charge lower commission rates than full - service brokers.

To further cut your commission costs, consider buying the shares through a discount broker, rather than a full - service broker.

Portfolio managers are more stringently regulated than full - service or discount brokers.

Since short sale properties generally sell for less than market price (as compared to non-distressed properties), there have been cases where unscrupulous brokers or agents have worked on fraudulent transactions involving two buyers: one buyer buys the property at the discounted pre-foreclosure, and quickly flips it and sells it at a higher price to a second buyer they have waiting in the wings.

In 2017, trading online through a discount broker, rather than with a full - service broker, has become the preferred option for many investors.

But after a few years of them making more money than me, I got fed up and took my money back to TD discount brokers.

Today, it's easier than ever to use a discount broker.

They require a minimum balance of $ 2500.00 which is much less restrictive than Interactive Brokers, but many discount brokers don't require any minimum Brokers, but many discount brokers don't require any minimum brokers don't require any minimum at all.

Rather than qualifying for the higher, posted rate, these buyers could qualify for the loan based on the much lower discounted rates, explained Calum Ross, a Toronto - based independent mortgage broker, who works with high net worth clients as a dually licensed wealth advisor (with his MBA) and mortgage broker.

Surviscor uses the categories shown below to determine their rankings, which is different than Globe and Mail's annual rankings of online discount brokers.

For example, as of this writing, the TD Canadian Money Market Fund sports an yield of 0.41 percent which is much less than the typical 1.0 percent paid by discount broker HISAs.

It has been more than 3 years since the last round of discount broker price wars.

As the name suggests, discount brokers cost much less than a full - service broker.

As you'd expect for passive investments, BlackRock's fees are below Quotential's but higher than what DIY investors pay for the underlying iShares ETFs at discount brokers.

They work a little different than a regular discount broker in that they are co-op buying, but off free fractional DRIPs on any of the securities they sell.

Full service brokers offer all of these great services at a cost that may be significantly higher than an online discount broker.

I say discounted because while they are cheaper than Scottrade's base rates, you are far better off simply opening an account with Interactive Brokers directly.

I have been called regularly by «discount brokers» offering even better exchange rates than xe.com, but they require minimum transfers of $ 100,000 per year.

Most discount brokers charge around 1 % for currency conversion, much better than what you can obtain from your local branch.

Indeed, the distinction between full - service and discount brokers is much murkier than it was just five years ago.

Discount stock broker: Unlike full - service stock brokers, discount brokers simply carry out buy and sell orders for their clients, and charge lower commission rates than full - service Discount stock broker: Unlike full - service stock brokers, discount brokers simply carry out buy and sell orders for their clients, and charge lower commission rates than full - service discount brokers simply carry out buy and sell orders for their clients, and charge lower commission rates than full - service brokers.

Let's assume you get filled at 64.33 per share, so this will cost you $ 12,866 (200 x 64.33) plus commission (which we are going to assume is small enough not to matter — if you pay more than $ 5 commission to execute a trade like this then you may want to look for a discount broker).

@marie: The High Interest Savings Accounts through discount brokers do earn a lower interest than you can obtain elsewhere.