I opened a new Roth IRA account with OptionsHouse today because I want to reduce my trade costs. OptionsHouse charges $4.75 per trade versus almost $9 at my other financial institution. Once my initial funds move into my OH account and I execute a stock purchase, I’ll follow up with a review. I hope it works out because the $4.75 commission is hard to beat.
Sharebuilder has $7 trades (any time) and $4 automatic purchases every Tuesday. That’s what I use.
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It seems like fees keep getting lower to the point where they’re almost negligible. I made my first purchase at OptionsHouse ($4.75) last week and so far it seems decent for the price. I intend on writing a review once I have some more time dealing with OH.
Best Regards,
Dear Dividend
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