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General Information |
| Brokerage name: Bennett McDowell @ First Wall Street Corporation
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| Minimum account size: $5000-$10000
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| Base commission rates: $50-$60
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Brief explanation of margin rates, if applicable:
Call for deatails
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| This brokerage has been in business for: 10-15 years
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| Primary type of broker: Stocks, Options, Bonds
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Brief description of services offered:
Bennett McDowell is a licensed securities broker specializing in trading. He uses technical analysis for short term trading & fundamental analysis for long term portfolios. He also has studied with Dr. Bill Williams, PhD and founder of the Profitunity Trading Group.
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Account Information
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Types of trading accounts offered:
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| Customers online account information is updated: Delayed (< 1 day)
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Types of trades offerered:
| Stocks
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Bonds
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Mutual Funds
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Options
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| Other trade types: N/A
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Types of quotes offered to customers:
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Execution methods offered:
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Exchanges covered:
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| Setup or initial costs to set up an account: Depends on type of account
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Features
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Types of services offered to customers:
| Technical Analysis
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Fundamental Analysis
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Portfolio management
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Checking account, debit card, credit card
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Ways customers can access their trading account:
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| Allow stop, limit, and stop limit orders? Yes
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| Charge extra for stop, limit, and stop limit orders: No
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| Offer 24 hour customer support: No
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| Offer tax planning advice: Yes
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Additional Comments
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Special features included in the service are:
Bennett McDowell specializes in trading using Dr. Bill Williams trading approach. See Bill William's book "NEW Dimensions In Trading"
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This broker's service is better than the competition in these areas:
Short Term Trading, applying technical analysis, personal service. Because Bennett is an active trader himself managing trading accounts, he can speak the trader's language and understands trading concepts.
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Types of security precautions taken for customers:
Customers are qualified as to whether they sould be trading at all. Some questions asked are: Is your trading capital risk money? Can you afford to lose your trading capital? Do you beleive in setting stop losses? Failure to answer these questions appropriatly will disqualify the applicant.
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Communications during systems failures has been assured through:
Telephone comunications
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The major plans for upgrading the current level of trading service are as follows:
N/A
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