|
Brokerage Recommendations from Southbrook
-
Coming soon: a list of competitive bond brokers...
-
Fidelity
-
Vanguard
-
Schwab
-
Ameritrade
-
Shareholder Services Group
-
TD Waterhouse
-
Harris Direct
-
Bonddesk.com
Broker Comparison Chart
|
Zions Direct |
E*Trade |
TD Ameritrade |
Schwab |
Fidelity |
Zecco |
Scottrade |
| Branch Offices |
400+ |
28 |
103 |
303 |
118 |
0 |
369 |
| Online Fixed Income |
$10.95 |
$1 per bond ($10 minimum) |
$40 Minimum |
$1 per bond ($10 minimum) |
$1 per bond ($8 minimum) |
$4.50 per bond ($22.50 minimum) |
Listed are $35.00 plus $3 per bond |
| Online Stock Trades |
$10.951 |
$12.99 |
$9.99 |
$8.95 |
$7.95 |
$4.50 (10 free/month) |
$7.00 |
| Online Option Trades |
$10.95 + $1.50 per contract |
$12.99 + $.75 per contract |
$9.99 + $.75 per contract |
$8.95 + $.75 per contract |
$7.95 + $.75 per contract |
$4.50 + $.50 per contract |
$7.00 + $1.25 per contract |
| Broker-Assisted Market Orders |
Online Rate + $25.00 |
Online Rate + $45.00 |
$44.99 |
Online rate plus $25 |
$55.00 up to 100 |
$19.99 |
$27.00 |
| IRA Fees |
No Fee5 |
$25 |
No Fee |
No Fee |
No Fee |
No Fee |
No Fee |
| Inactivity Fee |
No Fee2 |
$40/qtr3 |
No Fee |
No Fee |
No Fee |
No Fee |
No Fee |
| Margin Rates |
4.25%4 |
7.99%4 |
8.75%4 |
8.50%4 |
8.075%4 |
7.50%4 |
7.50%4 |
1 Securities under $1, $29.95 per transaction. $10.95 plus Exchange Process Fee.
2 $100 per year inactivity fee for accounts with no qualifying transaction or that is not linked to a Zions Bancorp affiliate account. No inactivity fees in IRA accounts.
3 Fee may be waived at certain asset level.
4 Based on $20,000 debit balance. Effective 1/21/2010.
5 $35 fee for IRA accounts under $10,000.
For more information please contact us.
| 