Hey Community,
Just wanted to give my two cents on SureTrader as I've seen a couple posts of people expressing their experience , which was mostly negative.
I would agree their fees are steep. They also seem to be made with the intention of taking the most money from their clients. Which dont get me wrong, is a crappy for the user. However I think this can be avoided.
I'm sure a lot of people are already aware of this, so this is just for those that have not read their fees page:
1. Call and ask if they will extend the $4.95 trade fee to include in more shares.
2. DO NOT hold stock overnight. Just exit your trade before 3:30PM.
3. Make sure to maintain above a $500 balance or they're gonna kick you off your trades.
If you can do that i think all will be fine!
Hope this helps some of ya'll.
Best,
Taylor
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tradingsheets@gmail.com
my sykes-inspired auto-spreadsheets: https://youtu.be/_i4RXFjWJ-0
You mean exit all trades before 4:30pm not 3:30pm?
What other options do we have to avoid the PDT rule other than SureTrader?
Not sure. Only SureTrader I think. No if you account drops below $500 they can sell you out intraday. Yeah, least go in with $1000.
I was, not anymore. Maybe later.
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