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Earn
Frequent Trader Commission Bonuses
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| THE
MORE YOU TRADE THE MORE YOU SAVE !! |
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If
you incur more than $ 1,000.00 in commission during a
qualifying period*, you will receive
Frequent
Trader Commission Bonus
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| If
during the qualifying period
commissions exceed $1,000 but are less than $ 2,000 |
You'll
get a 15% credit of the commissions in excess of $ 1,000 |
| If
during the qualifying period
commissions exceed $ 2,000 |
You'll
get a 20% credit of the commissions in excess of $ 1,000 |
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EARN
FREE TRADES !!
At
the end of the qualifying period
we will credit your commissions account with the bonus commissions
earned.
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Example:
If you have a bonus credit of $ 400 as a result of having
incurred $ 3,000 in commissions during the previous qualifying
period, all your trades the following period
will be COMMISSION FREE until the $ 400 bonus credit
is exhausted. From this point on your commissions
earned begin accumulating in order to provide you with additional
bonus credits that you can use during the next qualifying
period.
* Qualifying
Period is defined by the dates between the
beginning and the end of your monthly statement period
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Equities
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NASDAQ
- OTC Market Orders
(Over the Counter)
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$ 24.95
per trade
(2 cents per share above 1000 shares)
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All Other Orders
NYSE listed, Limit, Stop & GTC
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$ 29.95
per trade + 2 cents per share
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Options
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$25 Base Commission plus
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Price
per Contract
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$2.5
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Free Option
Trades: On Every 10 Trades in a Week, the base Commission
on the 11th Trade is on us!!
WallstreetE's Technology Save you Money / Increases
the Returns on Your Investments
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| Bonds |
Minimum Charge $35
Lots Less Than 100 Bonds |
| Units |
Price
per Unit |
| $1,000 |
$5 |
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In Lots of More than 100 Bonds Commissions
are Negotiable
According to Size of Order, and Liquidity of Bond.
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U.S. Government
Zero Coupon Bonds used to implement
"Protective Hedging Strategies," are put in the
account
Free of Commission. Please ask us for details.
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| Schedule of Miscellaneous
Fees |
| Money Market Sweep |
Free |
| IRA Setup |
$25.00 |
| Annual Fee |
$25.00 |
| Regular Account Setup |
Free |
Accommodation Transfer
(if excessive) and for inactive accounts |
$40.00 |
| Domestic Money Wire Transfer (outgoing) |
$45.00 |
| Foreign Money Wire Transfer (outgoing) |
$45.00 |
| Incoming Wire Transfer |
Free |
| Overnight Check Request |
$15.00 |
| Check Request Reg. Mail |
Free |
| ACAT Transfers Out |
$100.00 |
| DTC Transfers |
$25.00 |
| Closing of Account |
$50.00 |
| Fed Call Extensions |
$20.00 |
| Buy-in/Sell-out Notice |
$20.00 |
| D.K. Charges |
Interest Only |
| Late Payment in Cash Only |
Interest Only |
| Yearly Inactivity Fee |
$75.00 |
| Service Charge/Handling/ Postage |
Pending Electronic Confirmations |
| Cancel/Corrects |
$20.00 |
| Options Exercise & Assignment |
$25.00 |
| Request for non-current Statements |
$15.00 |
| Current Margin Interest |
Varies daily according to published Broker
Call Rate |
| Free Credit Balances |
Varies daily according to Money Market Rate |
| Checkbook |
Free |
| Visa Gold Card/Checking ($10,000 min.) |
$100.00 annual fee |
| Returned Checks |
$25.00 |
| Stop Payment Requests |
$25.00 |
| Certificate Issuance |
$25.00 |
| "Double Ticket Charge" for missing documents |
$20.00 / trade |
| Restricted Securities Processing Fee |
$150.00 |
| Miscellaneous Services Rendered |
Varied |
| Stock Certificate Handling Fee |
$25.00 |
| Cash / Margin Call Letters |
$5.00 |
| Physical DVP |
$15.00 |
| Extensions |
$25.00 |
| Transaction on Restricted Account |
$20.00 / trade |
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| Money
Market Funds and Credit Interest |
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We provide an automated sweep to the Federated
Money Market Fund of your choice. Currently there are four
primary funds available, including tax free municipal portfolios.
For non U.S. citizens and non U.S. residents there is an offshore
money market fund. All balances are swept daily. Customers
not electing to invest in Federated Money Market Funds will
be credited the competitive rates U.S. Clearing pays less
150 basis points. To obtain higher rates on cash balances
please ask us about the range of cash management services
that include Treasury Bills, Commercial Paper, Primary and
Secondary CD's as well as other strategies of varying degrees
of risk.
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| Excess
SIPC Coverage to $25,000,000.00 |
|
All
positions and funds in the accounts of our clients are held
in custody by U.S. Clearing a division of Fleet Securities
Inc, a FleetBoston Company. FleetBoston Financial, with more
than $200 billion in assets, is one of the largest financial
services firms in the United States. In addition to the $500,000
protection ($100,000 for cash and $400,000 for securities)
provided by the Securities Investors Protection Corporation,
U.S. Clearing will provide additional protection through Travelers
Casualty and Surety Company of America for the total equity
in your account.
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| Margin
Lending Rates |
|
Margin Lending Rates vary based on the current Federal
Reserve Broker Call Rate. Rates also vary depending on the
size and the volume of the account. Please consult us for
current rates and further details.
E-mail:newaccounts@wallstreete.com
Toll Free: 1-888-WALL-STE (1-888-925-5783)
Telephone: (888)-925-5783 or (305)-266-9120
Fax: (305)661-7402
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| Other Charges |
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If a charge for a particular service
we perform on your behalf is not covered in this schedule it will
be negotiated as it occurs.
For stock orders placed through a live representative there
is a $20 surcharge plus 1 cent/share. For options orders placed
through a live representative there is a $ 20 surcharge plus
$ 1/contract. For Commissions on Mutual Funds, Government
agencies, Money markets, Precious metals, Mortgage Backed
W/I, UITs, etc. please call 1-888-WALL ST.E (925-5783).
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