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General Information |
| Brokerage name: Equity Trading
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| Minimum account size: > $10000
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| Base commission rates: $5-$6
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Brief explanation of margin rates, if applicable:
Margins are at 2:1 Equity Trading is a recognized leader in Online Direct Access Trading. With trades as low as $5, Equity Trading has proved to provide all of the Solutions for the Active Trader.
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| This brokerage has been in business for: 5-10 years
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| Primary type of broker: Instant order execution-Stocks
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Brief description of services offered:
Equity Trading offers Direct Access trading via all ECN's, including ARCA, Island, REDI and many others. Executions are split second. Check out our incredible commission plans.
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Account Information
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Types of trading accounts offered:
| Full Service
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On-Line Full Service
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Premium Service
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On-Line Discount Broker
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| Customers online account information is updated: Up to the minute
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Types of trades offerered:
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| Other trade types: N/A
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Types of quotes offered to customers:
| Real-Time
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Nasdaq Level II
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Execution methods offered:
| Electronic direct access trading(SOES, SNET and the ISLD ECN)
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Online Broker(trade desk)
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Broker
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Exchanges covered:
| American Stock Exchange (AMEX)
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Boston Stock Exchange
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CBOE-Chicago Board Options Exchange
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CBOT-Chicago Board of Trade
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| Cincinnati Stock Exchange
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CME-Chicago Mercantile Exchange
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NASDAQ
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New York Stock Exchange (NYSE)
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| Philadelphia Stock Exchange
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| Setup or initial costs to set up an account: 0
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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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Basic -charts & graphs
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Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
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| Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
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Head line news
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Unique proprietary stories and news coverage
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Checking account, debit card, credit card
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Ways customers can access their trading account:
| Internet
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Telephone
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Broker
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Mail
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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: Yes
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| Offer tax planning advice: No
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Additional Comments
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Special features included in the service are:
Superior customer service and technical support. Equity Trading provides personalized service for all customers regardless of their account size.
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This broker's service is better than the competition in these areas:
Customer service, order execution, technical support and reliability.
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Types of security precautions taken for customers:
Encrypted messages Password verification.
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Communications during systems failures has been assured through:
Instant messaging through the software and email notifications.
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The major plans for upgrading the current level of trading service are as follows:
Equity Trading will continue to upgrade its service in order to meet all of our customers needs and expectations. Equity Trading is continuously looking for the latest in cutting edge trading software technolgy.
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