General Information |
Brokerage name: TradePro LLC
|
Minimum account size: $5000-$10000
|
Base commission rates: $11-$14
|
Brief explanation of margin rates, if applicable:
2-1 buying power. 4.5% credit interest 9%debit interest
|
This brokerage has been in business for: 2-5 years
|
Primary type of broker: Stocks
|
Brief description of services offered:
Direct access and web based Level II direct access systems. Rapid executions and personal customer service
|
|
|
Account Information
|
Types of trading accounts offered:
Full Service
|
On-Line Full Service
|
|
Customers online account information is updated: N/A
|
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)
|
|
Exchanges covered:
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
| |
Checking account, debit card, credit card
|
|
Ways customers can access their trading account:
|
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: Yes
|
|
|
Additional Comments
|
Special features included in the service are:
Realtick Software, 12 hour trading, Nasdaq stop orders, Low commissions, superior customer support, online chat room, & trading from $9.95
|
This broker's service is better than the competition in these areas:
Price and Personal Customer support. See why traders are calling TradePro "Wall Street's best kept secret". We took the support of a full service brokerage and applied that theory to servicing our on-line brokerage firm.
|
Types of security precautions taken for customers:
Firewall protection of account info. SIPC insured
|
Communications during systems failures has been assured through:
Online chat room, email, software alerts and immediate respond through telephone (no waiting)
|
The major plans for upgrading the current level of trading service are as follows:
N/A
|