|
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:
WallstreetE
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 Electronica.
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
4501 Monserrate St. St.
CORAL GABLES, Fl. 33146
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
4501 Monserrate St.
CORAL GABLES, Fl. 33146
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.
|
