E*Trade Joins The Pricing Wars
posted on: 2010-02-07 09:11:48 by Soo-Young
tags: broker news,

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Things are really starting to heat up in the broker pricing wars. Last month, Charles Schwab stopped charging their customers based on a tiered commission structure, and started charging a single flat rate. This makes Schwab much more accessible to investors and broadens their potential market. Just a few days ago, Fidelity followed suit and also started charging their customers a single flat rate. Now E*Trade has entered the pricing wars by changing their standard commission from $12.99 to $9.99. Before, the $9.99 commission was only available to investors with a $50,000.00+ account. Now all I'm wondering is if there will be an E*Trade Superbowl ad for these new prices.

E*Trade's Commission Page
E*Trade's Bullishness.com Commission Comparison

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Full Disclosure: Bullishness.com and the author of this article are both not affiliated in any way to E*Trade Financial.

Fidelity Slashes Stock And Option Fees Across The Board
posted on: 2010-02-05 06:46:51 by Soo-Young
tags: broker news

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Last January, Charles Schwab slashed their fees by removing the tiered commission structure. Fidelity has followed suit by replacing their $19.95, $10.95, and $8.00 tiered fees with a $7.95 flat fee (ad $0.75 per options contract). The broker pricing war is heating up and you as the consumer only stand to gain. Bullishness.com is the only site on the internet that tracks stock broker fees on a daily basis. Stay tuned to the blog for more broker updates, and happy trading.

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Full Disclosure: Bullishness.com and the author of this article are both not affiliated in any way to Fidelity Brokerage Services.

Bullishness.com Daily Giveaway February 2010
posted on: 2010-02-01 11:09:41 by Soo-Young
tags: site news

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This special promotion will go until the end of February 2010. Each day starts a new $10.00 Amazon Giftcard drawing for the users that sign up that particular day. To enter , register a new account (a valid email is required because that's how I'll contact you if you win), fill out your investing profile, and review an online stock broker you have used or are currently using.

List Of All Brokers



Free! Click To Register »

Good luck and happy trading!

Most Popular Online Stock Brokers January 2010
posted on: 2010-02-01 10:49:33 by Soo-Young
tags: site news, popular brokers

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For last month, the most popular stock brokers on this site were as follows.

Think Or Swim
Just2Trade (up 1 from last month)
Options House (up 1 from last month)
Speed Trader (up 1 from last month)
Zecco

Think Or Swim retained its top spot in January, while Just2Trade, Options House, and Speed Trader all got bumped up one spot each. With the news of Charles Schwab changing their fee structure and their massive advertising presence (I couldn't turn my head without seeing a Schwab ad). Anyway, take these statistics as you will, and happy trading.

Most Popular Online Stock Brokers December 2009

Did Online Broker Just2Trade.com Get Hacked?
posted on: 2010-01-25 07:00:26 by Soo-Young
tags: broker news

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For the past few days I've been receiving notifications from Bullishness.com's commission checking tool that Just2Trade's website hasn't been working. I assumed that they were upgrading their system over the weekend (the market is closed over the weekend after all) and that everything would come back online today, but yet again, in my inbox, I received a notification about how Just2Trade's website was down. This is happening both on my personal computer at home and my web server, which is based remotely. Very strange!

I did some more digging, and found that their website was indeed down. If you go to Just2Trade.com, you'll see a white screen, and the source code reveals nothing going on behind the scenes (the source file is completely blank). For an online stock broker to be down on an open trading day is definitely alarming.


I did more sleuthing and found something on Twitter that would also suggest that Just2Trade got hacked. A Twitter post from 5 days ago reads: "seems kind of odd to me that Just2Trade twitter page is all in Russian, trying to get a account with them but they seem to be slow so far." Twitter posts are usually not the most credible source of information, but because this is coming at around the same time as Just2Trade's down time seems to indicate something fishy is going on.

This is all speculation, but Just2Trade's website is down on a trading day, which is never supposed to happen. If you have an account with Just2Trade and have any other information about this, please email me at .