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Links from The Investment FAQ: Trading Equities

These sites include information on trading and brokers who will place trades for you. You might also want to visit these FAQ links pages:


Information For Traders

Brokerage Houses

Below is an alphabetical list of many US discount stock brokers that have a national presence. I've tried to give some details if the broker offers an on-line order entry system for its customers. Please send me information on other brokers that I may have missed (just brokers with a large presence; I simply cannot list every small brokerage house out there).

Accutrade
Contact: 800 494 8949, http://www.accutrade.com

Allegheny Financial
Contact: http://www.alleghenyfinancial.com

Ameritrade
Service name: Ameritrade
Commission: $8/trade
Features: Trading on margin, options trading, retirement accounts, toll-free numbers from 34 countries, daily column by Andrew Tobias, etc.
Note: The successor to Aufhauser, Ceres, and eBroker.
Contact: 800-454-9272, info@ameritrade.com, http://www.ameritrade.com/

Bidwell
Contact: 800 547 6337, http://www.bidwell.com

Block, Marsh
Contact: 800 366 1500

Brown and Company
Service name: PC Line
Software: any telecomm package
Service fees: 5 min/day free, then $0.40/minute; free minutes based on trades
Commission: $29 minimum up to 5,000 shares, then $0.01 each.
Features: Information about price, number of issues traded
Contact: 800-225-6707; 20 Winthrop Square, Boston, MA 02110-1236

Bull and Bear Securities
Service name: eBullBear
Commission: $19.95/trade up to 5,000 shares
Features: Quotes, news, trading, and AAdvantage miles
Contact: 800-BULL-BEAR, info@bullbear.com, http://www.bullbear.com/

Cannon Trading
Discount brokerage firm in Beverly Hills, CA, offers broker assistance, full-service, and system trading of futures, commodities, options, forex currencies, and e-minis.
Contact: http://www.cannontrading.com

Datek
Service name: Datek Online
Software: Secure web browser, or call their site (PPP connection only)
Commission: $9.99 for order up to 5,000 shares
Features: Trading on NYSE and NASDAQ stocks only; option trades will be accepted sometime in 1997
Contact: +1 212-514-7531, 888 GO DATEK (only for "trading emergencies"),
support@datek.com, http://www.datek.com

DLJ Direct (was PCFN, the PC Financial Network)
Service name: DLJ Direct, from Donaldson, Lufkin & Jenrette Securities
Software: web browser OR their own custom software for Windows
Commission: $20 per trade
Features: Online access to accounts, free quotes and research, etc.
Contact: 800 825-5723, service@dljdirect.com, http://www.dljdirect.com

Dreyfus
Contact: 800 243 7549, http://www.dreyfus.com

E*Trade
Service name: E*Trade
Software: Web browser or any telecommunications package
Service fees: $0.27/minute, 12 minutes credit with each trade.
Commission: $14.95 ($19.95 for NASDAQ share).
Features: Trades, options, etc.
Contact: 800 786-2575, +1 415 326-2700, service@etrade.com, http://www.etrade.com/

Fidelity - dialup
Service name: Fidelity On-line Xpress (FOX)
Software: $50 (available from Fidelity or Egghead Software)
Platforms: IBM + compatible with Hayes-compatible modem
Commission: Standard Fidelity schedule
Comm'n disc't: 10%
Features: Trade stocks and mutual funds, obtain quotes.
Contact: any Fidelity office or 800 544-7272

Fidelity - web
Service name: Web Xpress
Commission: $14.95 for active traders, $19.95 for others
Service fees: Quotes may be charged, depending on trading activity. Features: Stock and mutual fund trades, account maintenance, quotes, etc.
Contact: 800 544-7595, http://www.fidelity.com/

Fleet Brokerage
Contact: 800 221 8210, http://www.fleet.com

Freedom Investments
Service name: Trade Flash
Software: web browser or custom software (free)
Platforms: custom software runs on PCs only
Commission: $25 min
Features: Stock and option trade order entry, portfolio mgt, etc.
Contact: 800 944-4033, 11422 Miracle Hills Dr. Suite 501, Omaha, NE 68123, support@www.freedominvestments.com, http://www.freedominvestments.com

Investex Securities Group
Service name: Investexpress Online
Commission: $13.95 for market orders, $17.95 for limit orders up to 5,000 shares
Features: Trades, quotes, portfolio management, etc.
Contact: 800 392-7192, http://www.investexpress.com/

Kennedy-Cabot
Contact: 800 252 0090 , 213 550 0711

Keytrade
Service name: Keytrade On-Line
Software: web browser
Commission: $12 for market or limit orders on listed stocks up to 5,000 shares.
Features: free research, instant executions, and a unique customer service feature.
Contact: 888-539-8723, info@Keytradeonline.com, http://www.keytradeonline.com/

Lombard Institutional Brokerage
Contact: http://www.lombard.com/

Maximum Financial
Service Name: Trade Pro
Comission: $6.95--9.95
Features: TradePro LLC offers direct access trading software for equity, futures, and option trading. We specialize in fast executions, institutional trading, and low commission costs.
Contact: 888 741-8733, http://www.thetradepros.com

Montgomery Securities
Contact: http://www.montgomery.com

J. P. Morgan & Co.
Contact: http://www.jpmorgan.com/

Morgan Stanley, Dean Witter, Discover & Co. (formerly Lombard)
Service name: Discover Brokerage Direct
Commission: $14.95 for market orders, $19.95 for limit orders
Features: quotes, graphs, research info, buy/sell/short stocks and options.
Contact: 800 347-2683, +1 415 537-8600, support@discoverbrokerage.com, http://www.discoverbrokerage.com/

Murphy, Barry
Contact: 800 221 2111

National Discount Brokers
Service name: WebStation
Commission: $14.75 for most trades
Features: Portfolio accounting, technical analysis, etc.
Contact: 800-888-3999, mailto:help@ndb.com, http://www.ndb.com

Newport Discount Brokerage
Service name: Newport
Commission: $19
Contact: 800 999-3278, 5499 North Federal Highway Suite N, Boca Raton FL 33487, Newport@Newport-Discount.com, http://www.newport-discount.com

Optimus Trading Group
Optimus offers cutting-edge direct access futures and commodities trading platforms; experienced broker-assisted execution; timely research and news; and instant online access to your account balances. Contact: http://www.optimusfutures.com

JB Oxford and Company
Service name: Computer Age Trading
Commission: $15/trade
Features: Trade stocks, mutual funds, options, etc.
Contact: 800 500-5007, sales@jboc.com, http://www.jboxford.com/

Pacific Brokerage Services (PBS) - dialup
Service name: PBS-Online
Software: any telecomm package
Service fees: $50 startup, $0.25/minute
Commission: Standard PBS schedule
Comm'n disc't: ?
Features: trades, etc.
Contact: 800 421-8395, +1 213 939-1100

Pacific Brokerage Services (PBS) - web
Service name: Trade PBS
Commission: $15
Features: stock and option trades, etc.
Contact: http://www.tradepbs.com/
Note: they seem to be owned by Dreyfus.

Peck, Andrew
Contact: 800 221 5873 , 212 363 3770, http://www.andrewpeck.com

Piper Jaffray
Contact: http://www.piperjaffray.com

ProTrade Securities
Service name: ProTrade
Commission: $12/trade under 1,000 shares; $5/trade over 1,000 shares
Features: stock trades, price quotes, news, etc.
Contact: +1 415 616-5982, webmaster@protrade.com, http://www.protrade.com/

Prudential Securities
Contact: http://www.prusec.com/

Quick & Reilly - dialup
Service name: Quick Way
Software: any telecomm package
Service fees: Monthly subscription fees starting about $7
Commission: Standard Q&R schedule
Comm'n disc't: 10%
Features: trades, etc.
Contact: any Q&R office or 800 456-4049

Quick & Reilly - web
Service name: QuickWay Net
Commission: $14.95 for market orders, $19.95 for limit orders up to 1,000 shares
Features: Trades, quotes, news, research, etc.
Contact: 800 837-7220, ezt01@quick-reilly.com, http://www.quick-reilly.com/

R. J. Thompson Securities
Commission: $5 for market and limit orders, any number of shares
Features: Trades, account information, quotes, etc.
Contact: 800 927-0202, http://www.rjt.com

Charles Schwab and Co.
Service name: e*Schwab
Commission: $29.95 for trades to 1000 shrs., $0.03/shr. thereafter
Features: Trades, account information, quotes, etc.
Contact: any Schwab office or 800 635-7020, http://www.schwab.com

Scottsdale Securities
Service name: Scottrade
Commission: $9 for stocks, standard schedule less 10% for options
Features: Trade NYSE, ASE, and NASDAQ stocks priced over $1, trade options, get quotes. Subject to minimum account equity of $10k.
Contact: 800 619-SAVE, http://www.scottrade.com/

Siebert, Muriel
Service name: SiebertNet
Commission: $25 up to 1,250 shares
Features: Trades, research, etc.
Contact: Branch offices in New York, Florida, and California; http://www.msiebert.com/

Sherry Bruce's State Discount Brokers Commission: $14.00 /trade up to 5000 shares.
Features: Woman-owned, privately held discount stockbroker offering traditional and online services. We have a fully functional internet trading site.
Contact: Offices in Cleveland, Las Vegas, Philadelphia, Boca Raton. http://www.state-discount.com

Stock Cross
Contact: 800 225 6196 , 617 367 5700

Smith Barney
Contact: http://nestegg.iddis.com/smithbarney

Stock Mart
Contact: 800 421 6563

Amber Securities Corp.
Service name: SWIFTRADE, On-line Stock Trading
Commission: $29
Features: A sophisticated on-line trading system geared toward globally based investors that wish to trade on the major U.S. stock and options markets.
Contact: 888-459-8883, http://www.swiftrade.com

Trade King
A nationally licensed online discount broker that offers simple pricing, just $4.95 for stock and option trades.
Contact: 877.495.5464, http://www.tradeking.com/

Tradewell Discount Investing
Features: Trading, research, no-fee IRAs, etc. Contact: 888 907-9797, clientservice@tradewell.com, http://www.trade-well.com/

Vanguard Discount
Contact: 800 662 SHIP

Wall Street Access
Service name: Stock Center
Commission: $25
Features: Market data, portfolio management, online trading
Contact: 800 925-5782, info@wsaccess.com, http://www.wsaccess.com/

Wall Street Electronica
Service name: Wall Street Electronica Online
Commission: $14.95 OTC market order, $19.95 others
Features: Research, portfolio, and cash management tools
Contact: 888 925-5783, +1 305 669-3026, info@wallstreete.com, http://www.wallstreete.com

Wall Street Equities
Contact: 800 795 3456

Waterhouse Securities
Service name: webBroker
Commission: $12/trade up to 5,000 shares
Features: Trade stocks and funds; get real-time quotes; news, charts, more.
Contact: 800 934-4410, http://www.waterhouse.com

A. B. Watley
Service name: WatleyTrader
Commission: $9.95/trade
Features: State-of-the-art live data formatting with premier proprietary system execution.
Contact: 888 733-9000, http://www.abwatley.com/

York Securities
Service name: Trading Direct
Commission: $9.95/trade (market or limit) up to 5,000 shares
Features: Get quotes, historical graphs, news, economic reports, track your portfolio, place trades, research securities, etc. Contact: 800 925-8566, www.TDMAIL@INTERPORT.NET, http://www.tradingdirect.com/


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