Investment Club Broker Survey

To sort by a different criteria, click on the column heading. To see the definition of a criteria, click on a question mark.
Brokerage Firm
Initial
Minimum
?
Minimum
Commission
?
Free
Checking
?
Dual
Passwords
?
Free RT
Quotes
?
Free
DRIP
?
Inactivity
Fee
?
American Express $2,000 $24.95 **** Yes Yes Yes --
BUYandHOLD.com $0 $6.99* No Yes No Yes --
E*Trade $1,000 $14.99 Yes Yes Yes Yes Yes
Harris Direct $0 $20.00 Yes Yes Yes Yes Yes
MyDiscountBroker $0 $12.00 Yes Yes Yes Yes Yes
Net Investor $2,000 $17.95 Yes Yes No *** Yes
Trading Direct $0 $9.95 No Yes Yes No Yes
Wyse Securities $0 $9.45 Yes Yes Yes *** No
Ameritrade $2,000 $8.00 Yes No Yes *** Yes
Datek $500 $9.99 ** No Yes No Yes
Fidelity $5,000 $25.00 Yes No Yes Yes Yes
JB Oxford $5,000 $15.00 No No No Yes --
Muriel Siebert $0 $14.95 Yes No Yes Yes No
Quick & Reilly $0 $17.95 Yes No Yes *** --
Charles Schwab $5,000 $29.95 **** No Yes Yes Yes
Scottrade $500 $7.00 No No Yes No No
TD Waterhouse $1,000 $17.95 Yes No Yes Yes Yes
Wang $5,000 $8.00 **** No Yes *** Yes
Wall St. E $2,500 $17.95 Yes No Yes No --
FOLIOfn $0 $4.00 Yes -- -- Yes No

* Per month, for up to two trades   **  Not for club accounts   *** Whole shares only   **** Under certain conditions

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