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ShareBuilder vs Just2Trade
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- Stocks and ETFs: $2.50 (with surcharge for extended hours trading)
- Options: $2.50 plus $0.50 per contract
- Mutual funds: $2.50
- Investment products: stocks, options, mutual funds, bonds and fixed income securities, ETFs
- Minimum to open Just2trade account: $2,500
- All Just2trade fees
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- Real-time stock and ETF trades: $9.99
- Automatic Investments: Basic plan - $4 per investment
- Standard plan - $12/monthly fee for 6 automatic investments and each additional is $2
- Advantage plan - $20/monthly fee for 20 automatic investments and each additional is $1
- Options: Early Exercise - $30 per early exercise, no trade commission; Automatic Exercise -
$20 per automatic exercise, no trade commission
- Mutual funds: $19.95 for 170 no-load funds from leading no-load mutual fund families; 70 free funds including the ING mutual funds
- Investment products: stocks, options, mutual funds, ETFs
- Minimum to open Sharebuilder account: $0
- All Sharebuilder fees
- Sharebuilder login
and Sharebuilder referral code
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- Very low commissions
- Free real-time level 1 and 2 quotes
- Free Morningstar research
- Free dividend reinvestment including fractional shares
- Low margin rates
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- Very low Automatic Investing Plans costs
- Free dividend and capital gains reinvestment
- Ability to buy fractions of a stock
- $0 to open cash account, $2,000 for margin account
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- Wrong cash balances and other account balance discrepancies (!)
- An additional $0.003 per share to trade on the ECN during the extended-hours
sessions – from 7-9:30AM EST pre-market and 4-8PM EST after hours
- $25 IRA setup fee, $75 IRA closing fee and $35 annual fee for IRA accounts (if below $25,000 in assets)
- For customer service company encourages contact by email
- Options Exercise / Assignment fee: $20 per exercise or assignment
- Checking & VISA Debit Card fees: $50 (Gold Package); $75 (Platinum Package)
- Minimum $2,500 account balance requirement
- No support for beginner or novice investors
- Poor choice of mutual funds
- Open orders are getting randomly canceled
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- Real-time trades at $9.95 are expensive
- $0.007 per share surcharge on real-time trades on penny stocks (stocks under $1)
- Customers can't specify at what price investments with Automatic Investing Plans are bought/sold
- Very basic trading tools
- Customer service complaints
- Terrible executions
- Few mutual fund choices
- No beneficiary option (important for customers with families)
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Just2Trade vs ShareBuilder: Comparison Summary
ShareBuilder (ShareBuilder Review)
is one of the very few brokerage firms offering cheap automatic investing plans. This is ideal for investors who
don't believe that one could time the market or don't have time to follow it and are looking to dollar-cost-average their investments
by arranging to have a set amount invested daily, weekly, biweekly or monthly. The disadvantage of this approach is that
customer does not control at what price investment are bought.
Buying stocks and ETFs at real-time is expensive with ShareBuilder:
$10 per trade. The firm also provides some of the worst trading tools of all discount stock brokers.
Just2Trade (Just2Trade Review) is one of the lowest commission
brokerage houses but with lots of surcharges and fees: surcharge on extended hours trading, multiple IRA fees, banking services fees.
Just2Trade is known for poor customer service and sub-par trading tools.
Due to high real-time commissions on stocks and ETFs, and very basic trading tools, we can't recommend ShareBuilder.
Because of surcharges, fees and terrible customer service we give thumbs down
to Just2Trade too. There are many other Top Rated Brokerage Firms
with low commissions and excellent services to choose from.
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