If you are dealing with one of the large online discount brokers, you may find that commissions have just become negotiable. Recent announcements by Bank of America and others that they will offer commission-free trading are apparently making some of the big online brokers scramble to hold on to their accounts. I was able to negotiate a 30% discount to the advertised rate easily, just by calling up and pointing out the deal their competitors are offering.
November 29, 2006 at 5:10 pm |
I think the catch is free trades, but they don’t pay you ANY interest on your cash.