vaibhavkoshta89
vaibhavkoshta89 Oct 07, 15 8:07 AM

@intna89 Yeah its 99/month. You'll have to make atleast 30trades/quarter or there is some minimum amount you need to keep in your account, if you want it for free.

chadmonkey
chadmonkey Oct 07, 15 11:25 AM

SureTrader isn't as bad, good borrows, leverage, and no PDT rule, executions are fast, cons comissions are too high, but is the only alternative to accounts under PDT .

c4river
c4river Oct 15, 15 2:02 PM

The best way i have found to deal with Suretrader commissions and fees is to nickle and dime them the way they nickle and dime us. Trae under 500 shares and don't overtrade. If it's possible hold that trade. They charge by number of shares not by how much you make, but correct me if i'm wrong. The more you trade with them you open the door for them to dip into your cash. watch iboss statements closely to catch any descrepincies and notify them immediately (if you can- LOL).

c4river
c4river Oct 15, 15 2:07 PM

also, they will take a percentage of anything leaving their hands (wires, ach, credit cards, etc) so to avoid these fees, ask your reputable broker like TD to request transferr of funds from Suretrader, they can even transfer any open trades too. Check with your broker to see if they do charge for this service and decide which option is best for you.

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