Re: internet brokers
I use InteractiveBrokers.com. They charge a penny a share to trade stocks with a minimum charge of $1. The interface is pretty good, as it's a java client that shows the real-time bid and ask on whatever stock is on your screen. I believe there is a $10 inactivity fee if you don't make more than 10 trades a month or something.
If you regularly trade more than 700 shares at a time, then Scottrade would obviously be cheaper.
I believe option trading is also cheap at IB -- something like $5 per trade with $1 per option or something.
I haven't shopped around for Internet brokers in a long time, so I don't know how IB compares to the other brokers out there.
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