Cheapest for Big Size

D

daniel_m

I want to open a separate account solely for trading QQQs with decent size (5000-10,000 shares at once). This would be cheaper to do than with a per/share broker.

So far the cheapest I have found is datek, who charge $9.95 for up to 5000. I wouldn't mind paying 2 lots of 9.95 to take 10,000 shares. It's still better than anything else i've seen.

Does anyone know of any other brokers who could better this deal?
 
I talked with someone a few months ago... $8.00 with no size limit? I think it was Ameritrade. If not, it was somebody else. Check around?
 
what is the name of this forum?

" Forums ›› Direct-Access Brokers ›› Retail Firms "

I didn't think I needed to state the patently obvious..
 
ameritrade? scottrade? please.. i need direct
access, not those glorified email brokers.

For what it's worth, Ameritrade's commissions are too high for my current share size. However, I like their interface, stops have worked, etc. My response has been pretty fast in my limited trading through that account.
 
Originally posted by ElCubano
retail firms.....:confused:
More...

yeah, BUT... since 'retail firms' is a subset of 'direct-access brokers' (on ET)... i thought it was obvious that retail firms discussed here would have the property of being 'direct-access'
 
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