Trade stocks for a penny a share and get free real-time Level-II quotes! Yes that's one dollar for one hundred shares of stock! And only $1.95 for an options contract and $2.95 for a futures contract!

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Not Again! Not this Year!

I hope you enjoyed seeing my ad on TV during the Super Bowl last January! I would hate to think the money wasn't well spent!. Over a thousand dollars of my hard earned money paid for that ad! Well, it was actually just part of an ad... about 50 milliseconds! 1/20th of a second! You see, I spent over $1,000 on broker commissions last year. Never again! My old broker isn't a full-service broker... in fact I would call them a minimal service broker.

Do they treat me like I paid for that ad! No! I closed that account... and I opened one at InteractiveBrokers

I'm not a Day-Trader! I'm an Investor!

I thought I had a pretty good deal. I paid twenty dollars a trade. I don't make a lot of trades. I sell one or two stocks a month and then reinvest in one or two stocks. That averages out to about one trade a week. Well I didn't realize it at the time, but any third grader could have told me that I would pay $1,000 in commissions every year! If I can save $950 of that each year, and invest it at a 10% return, at the end of twenty years I will have an additional fifty-five thousand dollars! Wow, that will buy a nice boat! For FREE! That's the beauty of compounding interest!

So instead of paying that money to some broker who I don't even know and who won't return my phone calls, I'm going to save that money for my own boat!

I found a discount broker that only charges $1.00 in commissions for trading 100 shares of stock! I opened an account and you can start playing with their trading system without sending them any money. It's far better than the current trading system I use. It's much faster to trade and it displays streaming quotes! These quotes update automatically on the screen while you just watch -- until you want to trade -- far better than the "real-time quotes" that my old account had. And my old broker charged for these quotes!

InteractiveBrokers seems to be targeting the smaller professional and amateur day-traders -- people who trade a lot. I talked to them and I think they are going to blow the other discount brokers and day-trading firms out of the water. Soon, maybe by the time you read this, they will have a new release of their trading desk software that will allow you to practice executing trades quickly without even funding the account! These look like some of the same tools that professional day traders are using! I know someone who is paying $25.00 a trade for similar ECN trading execution! And she makes more trades in a month than I make in a year! If she switches to InteractiveBrokers she could own a whole fleet of boats! This is a great deal! On a 100 share trade you already have a half-point advantage over that other broker! Check them out for FREE! You can open an account and download their software without sending in any money!

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