First I’m not a full time trader. Place maybe 5 or so trades a month.
Over the last 5 or so years I was able to negotiate my commission with E*Trade from $7.95 per trade to $3.95 per trade.
I usually call them or put in a request online once or twice a year to ask if they can lower my commissions. Sometimes I tell them that other brokerages charge less which is true.
I’ve been rejected a few times but most of the time they lower it without a problem. It doesn’t hurt to ask😀.
Also recently I opened a Fidelity account but they charge $4.95 per trade. I asked the rep nicely if they can match my E*Trade commissions and after a brief hold the rep was able to do it.
The brokerages won’t lower your commission on their own so it doesn’t hurt to ask.
Good luck!
Submitted May 25, 2019 at 02:42PM by iggy555 http://bit.ly/2X5MH3j
