Cheap stock broker for <100 shares / trade

S

shortbleu

Lightspeed will increase their commission schedule from $0.40 per 100 shares to a minimum of $3 from January 15th.

Most of my orders are < 100 shares, therefore my comission per trade will increase from $0.40 to $3 (7.5 times more expensive!!!)

Do you know any cheap broker other than Interactive Brokers for trades under 100 shares?

The cheapest I found is Just2Trade at $2.5, still a lot more than $0.4
 
I B is very good but they r very strick in who they give margin.
i still think $3 is cheap comparing to all the brokers $9.99 , $6.95 etc
 
Speedtrader at 0.99$ per trade then, thanks.

How much would that cost to transfer each stock line from lightspeed to Speedtrader.

Below are the Lightspeed fees. English isn't my first mother tongue, so I don't know which fee is for stock account transfer. If someone can help?

ACAT Fees – Inbound FREE
ACAT Fees – Outbound $50.00
ACH Recalls / Reversals $30.00
ACH Returns $30.00
Certificate Fees $50.00
Certificate Safe Keeping Fee $30.00/Quarter
Conversion Fees (changing ADR to ODR) $25.00
DTC Fees $25.00
Foreign securities-ACAT Fees Variable
IRA Annual Fee $30.00
IRA Closing Fee $20.00
Options Exercise Fee $25.00
Overnight Checks (Domestic) $20.00
Overnight Checks (International) $50.00
Paper Statement and Confirm Delivery Fee (per mailing) $1.00
E-mail Statement and Confirm Delivery Fee Free
Pre Pay Fees $20.00
Return Certificates $25.00/Item
Saturday Delivery Checks $30.00
Stop Pay Fees (W/D) (Only if check is equal to or less than 10 days old) $30.00
Wire Fees (Domestic) $20.00
Wire Fees (International) $50.00
Wires Returned $30.00
 
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