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Why WallStreet*E?
Whether
you are a beginner, sophisticated investor, or a financial
advisor,WallStreet*E will empower you to
become your own stock broker, offering you direct
access to information that will allow you to formulate,
monitor, and directly execute your own strategies
over the Internet or by phone. WallStreet*E technical
support staff must provide a high level of personalized
service that pure discount brokers cannot match at
a price that full service brokers cannot touch.
- Low
commissions
- Ease
of use
- Real
time quotes
- Option
trading
- Research
tools
- News
- Clearing
services for Investment Advisors & Institutions
- Clearing
Services for On-line Brokers
What
securities can I trade with
WallStreet*E?
You
can trade listed stocks, unlisted stocks, options,
mutual funds, bonds, and GNMA's.
How
do I open an Account?
There are four ways
to request
an Application form:
1. You may fill
out an on-line application form .
2. You may submit your name and
address by e-mail to :
new
accounts@WallStreetE.com
3. You may submit
your name and address
and we will send all
the necessary applications by regular mail.
4. Download the applications
available in PDF format at:
WallStreet*E
Online Application Forms
How
do I deposit cash into my
Account?
When
depositing checks into your account, be sure to write
your WallStreet*E account number on your check. Please
note WallStreet*E does not accept money orders, cashier's
checks under $10,000, third party checks, corporate
checks in documentation, credit/charge cards and their
associated checks, or any checks drawn from WallStreet*E
checking accounts. Make checks payable to WallStreet*E.
You
can make deposits into your account by sending a check
via U.S.Mail, certified mail, or overnight mail. Funds
deposited by check will be restricted for 7 working
days after receipt of he check (10 business days for
accounts opened less than 30 days.)
WallStreet*E
Tech Support
3111 Ponce de Leon Blvd.
Coral Gables, FL 33134
How
do I deposit security
certificates into my Account?
1.
Print your WallStreet*E account number
in the upper right-hand corner on the front and
back of each certificate.
2.
Date and sign the back of each certificate(s).
3.
Use overnight mail or certified mail to mail your
certificate(s).
WallStreet*E
Tech Support
3111 Ponce de Leon Blvd.
Coral Gables, FL 33134
How
long does it take to transfer
an existing account to WallStreet*E?
If you
wire transfer cash from an already existing account
the transfer usually takes 1 business day. If you
deposit a check,the clearing and approval takes up
to 10 business days. Security transfers may take up
to 14 business days.
Is
the WallStreet*E Account like a regular bank account?
WallStreet*E
offers the "ALL IN ONE" bank account. With
a minimum deposit of $5,000.00 this account is available
for individual accounts, joint accounts, and corporate
accounts. With a user name and password you have access
to your account transactions (debits, credits, changes,
securities purchased and sold, etc.) 24 hours a day
7 days a week. All non invested funds/ cash balance
in your account, automatically earn interest (currently
4.625 %).You also have the options to have your money
swept into a Money Market Portfolios.
How
secure is my Account?
Accounts
you open in addition to the funds you deposit at WallStreet*E
remain
exclusively in your name under the custody of
U.S. Clearing., one of the largest companies
in the U.S. offering custody of financial services
and clearing to financial institutions such as ours,
with daily trading activity equaling approximately
6% - 8% of NASDAQ's total daily share volume.
What
is the difference between a
cash and margin account?
With
a margin
account, you do not need one hundred percent
of the purchase price deposited in your account in
order to purchase a stock. Stock that you already
own can be used as collateral to purchase additional
stock or even for a personal loan. In a cash account
you can only purchase securities with cash from your
account at the full purchase price.
How
do I follow a trade I've
just placed?
You
can follow the status of an order in the order
status menu. Once you place an order the
status becomes order being verified.
Thereafter it changes to order being processed.
Once the order is executed the status changes to
Executed. If the status of any order placed
during market hours remains order being verified
for more than 10 minutes, please call our trading
desk at 1-888-925-5783. For orders placed after
market hours the status will remain order being
verified until the market opens.
Do
I earn interest on my Account?
Yes,
all your idle cash is "spread" into one
of three types of money market accounts.
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