Thanks Jim for your note on xpresstrade.
I started searching for a new broker because I realized I was starting to do trades online. I also have an assisted broker acct, all with the same account. I realized I was using my broker 98% of time just to execute orders.
I didn’t like paying the same for online and using him as an order desk, at the same commission as when he assists me on a trade. My initial plan was 2 accounts- one with my broker and another brokerage for when I do all the work. Naturally my current broker would get less business.
I was 90% sure I was going to go with xpresstrade. But I called my current broker and told him what I was thinking. He reduced my commission by 40%! So for now I will stay with him.
I wrote this to let people that most brokers can negotiate rates more then they initially let on. Or maybe they are more willing to negotiate after they find out how much time you take with them.
Becky