http://www.mouseprint.org/2006/03/27/schwab-just-say-no-to-small-accounts/ Exposing the strings and catches buried in the fine print. Thu, 09 Feb 2012 19:52:09 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.mouseprint.org/2006/03/27/schwab-just-say-no-to-small-accounts/comment-page-1/#comment-9564 Brownie Sun, 18 Feb 2007 20:35:15 +0000 http://www.mouseprint.org/?p=41#comment-9564 I concure with Chris - I have been using Scottrade for over seven years and my only fee is $7.00 per trade. No size limits or other restrictions. For shares trading for less than $1.00 there is an slight extra fee. Also they pay interest for any cash held in your account. I concure with Chris – I have been using Scottrade for over seven years and my only fee is $7.00 per trade. No size limits or other restrictions. For shares trading for less than $1.00 there is an slight extra fee. Also they pay interest for any cash held in your account.

]]> http://www.mouseprint.org/2006/03/27/schwab-just-say-no-to-small-accounts/comment-page-1/#comment-2384 Rick Sat, 04 Nov 2006 18:20:05 +0000 http://www.mouseprint.org/?p=41#comment-2384 Think this is bad? Try Wachovia. My wife had an IRA with these folks. $50 annual fee and $29.95 for each trade! Since I was going to use the account for day trades we, naturally, switched to Ameritrade. No fee and $9.95 a trade. On top of it her broker had "suggested" she invest in certain funds over the year. Being the independant type she listened - annual gowth of 3% over 10 years. I'm not an "expert" but could realize these were dogs desined to inflate his wallet. End result? She made a 30% return on this year so far. Think this is bad? Try Wachovia. My wife had an IRA with these folks. $50 annual fee and $29.95 for each trade! Since I was going to use the account for day trades we, naturally, switched to Ameritrade. No fee and $9.95 a trade. On top of it her broker had “suggested” she invest in certain funds over the year. Being the independant type she listened – annual gowth of 3% over 10 years. I’m not an “expert” but could realize these were dogs desined to inflate his wallet. End result? She made a 30% return on this year so far.

]]> http://www.mouseprint.org/2006/03/27/schwab-just-say-no-to-small-accounts/comment-page-1/#comment-1369 Chris Tue, 26 Sep 2006 21:08:11 +0000 http://www.mouseprint.org/?p=41#comment-1369 If you want a reputable company that has absolutely no fees other single individual buy/sell commission fees of a flat rate of $7 (i think) go with Scottrade.com If you want a reputable company that has absolutely no fees other single individual buy/sell commission fees of a flat rate of $7 (i think) go with Scottrade.com

]]> http://www.mouseprint.org/2006/03/27/schwab-just-say-no-to-small-accounts/comment-page-1/#comment-1361 Jubz Tue, 26 Sep 2006 20:16:20 +0000 http://www.mouseprint.org/?p=41#comment-1361 I actually had an account with them (not this kind), and over a year, their rates changed twice. I didn't trade much and eventually my balance fell under the minimum. It seemed hawkish that they'd increase service fees at that point. I actually had an account with them (not this kind), and over a year, their rates changed twice. I didn’t trade much and eventually my balance fell under the minimum. It seemed hawkish that they’d increase service fees at that point.

]]> http://www.mouseprint.org/2006/03/27/schwab-just-say-no-to-small-accounts/comment-page-1/#comment-1266 Rob S Tue, 26 Sep 2006 13:43:47 +0000 http://www.mouseprint.org/?p=41#comment-1266 I wish there was a law against this kind of crap. Most Americans aren't smart enough to figure this out on their own. It's sad that a company like Scottrade with no strings attached pricing would lag behind a fraud like schwab. I wish there was a law against this kind of crap. Most Americans aren’t smart enough to figure this out on their own. It’s sad that a company like Scottrade with no strings attached pricing would lag behind a fraud like schwab.

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