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trading commissions

Started by viking, October 29, 2005, 04:28:35 AM

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viking

I have been following you for a while, and I find it both useful and interesting. I have followed some of your picks both ups and downs. Regarding the Pennies on Fire, the fee of $5 per trade is good. I live in Europe and invest through my banks here. The lowest fee I have is $11, and all the normal banks have a fee for US stocks of $50. That is just too much for an investment of $1000.
Where can I find banks or brokers with an average fee of $5?
Thanks

Se7en

#1
Hi, i'm also from Belgium and i use VMSkeytrade, it's about 30$/trade!
You will find no brokers/banks with fee's of only 5$!!!

I got this tip from another Belgian 3SOF'er, they are cheap and based in Gent!
http://www.whexpert.com/nl/d_price.php
Així és la Catalunya, així és el Barça! Mès que un club!!!

metro

Interactivebrokers.com allows international users and they charge $1 minimum and $0.005 per share with a maximum of .2% of trade value

100 Shares @ USD 50 Share Price = USD 1.00
1,000 Shares @ USD 50 Share Price = USD 5.00
1,000 Shares @ USD 2 Share Price = USD 4.00
100,000 Shares @USD 10 Cent Share Price = USD 20

viking

Thanks a lot.
I will shop around.