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What to Look For in an Online Broker

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Posted on 2/11/2010 13:54 EST

Eager to snare your business, price wars have broken out among online brokers. But before you rush to the company with the glitziest web site, read what The New York Times has to say about the key players in the industry.

"Charles Schwab fired the first shot when it cut its trading commissions last month, and now Fidelity and E*Trade have followed with price cuts of their own.

All of the changes may have made you think about switching brokers. Or, maybe you’re wondering if this should be a factor as you shop for a new brokerage account..."

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Filed in: Banking, Discount Broker, Finance, Online Broker
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