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Highest brokerage firm cash interest rates in 2012
Interest rates are at historic lows right now. It's hard to find brokerage company that will yield even 1% on account's
cash balance. Below we are listing highest rated stock brokers with their interest rates as of January 2012.
The interest in all brokerage accounts is so low that
customers are likely to get much more value by switching to lower commission brokerages and saving on commissions
than on earning interest on their cash.
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Stocks: $4.95
Options: $4.95 plus
$0.65 per contract
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0.05%
Three money market funds:
Premium Reserve Money CXPXX
(minimum required $100K) - 0.01%
Service Shares CSAXX
(minimum required $50K) - 0.01%
Tax Exempt Portfolio Serv Shares II DTDXX
(min. required $50K) - 0.01%
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TradeKing
Review
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Stocks: $3.95
Options: up to five contracts for $5,
each additional contract $1
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CSAXX Money Market - 0.01%
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Optionshouse
Review
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Stocks: $$4.95
Options: $4.95 plus
$0.65 per contract
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0.025%
Three money market funds:
CAT Tax Exempt Portfolio (Ticker CHSXX) 0.87%
CAT MM Portfolio (Ticker CSAXX) 0.76%
ICT Treasury Portfolio (Ticker ITRXX) 0.01%
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Zecco
Review
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Stocks: $7.50
Options: $0.50 per contract
minimum $12.50
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0.01%
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tradeMONSTER
Review
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Stocks: $8.95
Options: $14.95
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0.02%
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optionsXpress
Review
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