I recently realized I had a few thousand dollars worth of stock bought on margin in my trading account. The brokerage is charging me over 9.5% interest on that money!!! In the meanwhile, I had money lying in my bank account at less than 1%. I quickly transferred the money into my brokerage account.
I also sent an email to customer report saying that I had opened a new account with $2k in it, I would've gotten 10 free trades. Since I was transferring more than that into my account, I'd really really appreciate it if they could comp me a few free trades. I wasn't expecting them to but they almost immediately comped me 10 free trades. Thats a hundred bucks right there!
While they're a lot more expensive than Interactive Brokers, their service is far better!
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