|
General Information |
| Brokerage name: TradePortal.com
|
| Minimum account size: > $10000
|
| Base commission rates: $10-$11
|
Brief explanation of margin rates, if applicable:
Broker Call Rate
|
| This brokerage has been in business for: 2-5 years
|
| Primary type of broker: Instant order execution-Stocks
|
Brief description of services offered:
Selected As Editors Choice for Active Traders by Technology Investor Magazine. Free Level II Software! No monthly fees. Direct Access to OTC, ECN's, NYSE, AMEX and Options.
|
|
|
|
Account Information
|
Types of trading accounts offered:
| Full Service
|
On-Line Full Service
|
|
| Customers online account information is updated: Up to the minute
|
Types of trades offerered:
|
| Other trade types: N/A
|
Types of quotes offered to customers:
| Real-Time
|
Nasdaq Level II
|
|
Execution methods offered:
| Electronic direct access trading(SOES, SNET and the ISLD ECN)
|
Online Broker(trade desk)
|
Broker
|
|
Exchanges covered:
| American Stock Exchange (AMEX)
|
NASDAQ
|
New York Stock Exchange (NYSE)
|
|
| Setup or initial costs to set up an account: 0
|
|
|
|
Features
|
Types of services offered to customers:
| Technical Analysis
|
Fundamental Analysis
|
Basic -charts & graphs
|
Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
| |
| Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
|
Head line news
|
Unique proprietary stories and news coverage
|
Portfolio management
| |
| Wireless (quotes, alerts, execution, etc.)
|
Checking account, debit card, credit card
|
Allow naked option writing
|
|
Ways customers can access their trading account:
| Internet
|
Telephone
|
Broker
|
|
| Allow stop, limit, and stop limit orders? Yes
|
| Charge extra for stop, limit, and stop limit orders: No
|
| Offer 24 hour customer support: No
|
| Offer tax planning advice: No
|
|
|
|
Additional Comments
|
Special features included in the service are:
Base Commission Rates as low as $9.95!!! Propritary TradeMatrix "Real Time" Index Sorting Software. Identify which sectors are moving and ranks all of the stocks that make up the index.
|
This broker's service is better than the competition in these areas:
Highest degree of reliability for uptime. Trade Pre Open and Post Close. In the Online Broker Shoot Out performed by independent magazine, TradePortal.com was selected as their editors choice out the 9 largest Direct Access Firms.
|
Types of security precautions taken for customers:
All account information available 24 hours a day at our website. Fully encrypted and Password protected.
|
Communications during systems failures has been assured through:
9 Hours backup battery power, Toll Free Emergency and Customer Support, as well as interactive web-chat.
|
The major plans for upgrading the current level of trading service are as follows:
Future software upgrades will offer Futures trading.
|
