Links from The Investment FAQ: Trading Equities
These sites include information on trading and brokers who will place trades for you.- Information about trading, including day-trading advice and other trading strategies.
- Brokerage houses for stocks.
- Day Trader Pro gives buy/sell signals for technical trading and
the ability to view the activities of a full-time daytrader.
http://www.daytraderpro.com - Day Trading Advisor promises tips and strategies for day traders.
http://www.day-trading-advisor.com/ -
GetFolio is an investment strategy that provides investors with a
method for building their portfolio while minimizing their risk.
http://www.getfolio.com
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/