Welcome to WebmasterWorld Guest from 188.8.131.52
Forum Moderators: goodroi
Looks like I was pretty darn close :)
As far as I know - they don't have any extra fees that go along with it.
Here is what I get with eTrade when trying to buy one share of NVR (that goes for $400+)
Please verify that your order is correct:
Order Type Qty Company Name and Symbol Price Type Your Price
Buy 1 NVR LP (NVR) GTC/Limit 121.00
Quote Details: Closing prices
Price Today's Change Bid Ask Volume
453.99 +1.09 0.01 907.00 54,800
Estimated commission: $12.99
Estimated total cost: $133.99
With Ameritrade I get:
BUY 1 NVR LIMIT 121.00 GTC $-131.99 NONE
Which leads me to believe the fee for etrade is $12.99 and Ameritrade is $10.99.
I have always heard about the odd lot thing, but since I have been trading (when you had to dial into etrade) I can't recall it ever mattering to me.
Is that maybe a rule with traditional (person to person) brokers?
And he just keeps getting closer and closer!
Did I win? ;)