|
General Information |
| Brokerage name: InvestIN Securities
|
| Minimum account size: > $10000
|
| Base commission rates: $9-$10
|
Brief explanation of margin rates, if applicable:
Currently, the margin interest rate is 10%, subject to fluctuations in the prime rate.
|
| This brokerage has been in business for: 5-10 years
|
| Primary type of broker: Stocks
|
Brief description of services offered:
Direct Access to U.S. markets. Multiple trading platforms with the ability to do option routing
|
|
|
|
Account Information
|
Types of trading accounts offered:
|
| Customers online account information is updated: End of trading day
|
Types of trades offerered:
| Stocks
|
Mutual Funds
|
Options
|
|
| Other trade types: N/A
|
Types of quotes offered to customers:
|
Execution methods offered:
| Electronic direct access trading(SOES, SNET and the ISLD ECN)
|
Online Broker(trade desk)
|
Broker
|
|
Exchanges covered:
| American Stock Exchange (AMEX)
|
CBOE-Chicago Board Options Exchange
|
NASDAQ
|
New York Stock Exchange (NYSE)
| |
|
| Setup or initial costs to set up an account: Depends on type of account
|
|
|
|
Features
|
Types of services offered to customers:
| Basic -charts & graphs
|
Advanced- charts & graphs (technical indicators, ability to change parameters, 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:
N/A
|
This broker's service is better than the competition in these areas:
Professional, licensed trader support available to place trades for clients.
|
Types of security precautions taken for customers:
N/A
|
Communications during systems failures has been assured through:
N/A
|
The major plans for upgrading the current level of trading service are as follows:
N/A
|
