Broker Web TnT Clients Accepted Phone Browser or Software Smart Order Routing Customer-Directed Routing Tax Lot

Browser or Software Smart Order Routing Customer-Directed Routing Tax Lot Selection Advanced Order Types Staged orders Average No. of Shortable Stocks Mutual Funds Bonds* Options: Simple Options: Complex Penny Options "Pink Sheets" (OTCBB) Single Stock Futures Futures Options Futures / Commodities Foreign ADRs Forex International Exchanges >$Commission: Stock Order (1) $Commission: 10 Options Contracts $Commission: Covered Calls (2) $Commission: Mutual Funds $Commission: Futures per Contract (3) $Commission OTCBB $Broker-Assisted Trades $Monthly Platform Fee $Account Transfer Fee (outgoing) $Monthly Trading Costs (6 stock trades, 2 options) %Margin Rate $10,000 balance %Margin Rate $25,000 balance %Margin Rate $50,000 balance %Margin Rate $100,000 balance Portfolio Margining

Charles Schwab www.schwab.com YES 1-866-855-9102 Both Yes Software only Via live broker Yes (active traders only) Limited 5,000 15,075 C, T, M, CD Yes Some Yes Yes Via live broker Via live broker Via live broker Yes No Toronto equities 8.95 16.45 12.7 TK Varies by transaction 8.95 Yes, $25 add-on fee None Full transfer is 50.00; partial is 25.00 86.6 8.5 8 7.7 6.875 No

Choice Trade www.choicetrade.com YES 1-877-731-9114 Both Yes Yes Yes Yes Yes 3,300 10,000 C,T Yes Yes Yes Yes No No No No Mp Wide range of foreign exchanges supported Direct access: 1.00; Web 5.00 10.5 12.75 25 NA 5 Yes, 25.00 surcharge 25.00-79.00 depending on platform (rebates at 75 51 7.45 7.45 7.45 7.45 No
certain volume levels)

Cobra Trading www.cobratrading.com NO 1-877-792-6272 Both Yes Yes No Some Yes 3,335 18,675 None Yes Yes No Yes Yes Yes Yes Yes 150 pairs None 2.5 17.99 15.49 Average 1.25 0.005 per share, 1.00 minimum. Yes. No additional fees $125 month refunded after 75,000 shares on 50 50.98 7.45 7.45 7.45 7.45 No
CobraIQ

E*TRADE Securities www.etrade.com NO 1-800-ETRADE-1 Both Yes Yes Yes Yes Yes 4,000-6,000 8,412 C, T, M, CD Yes Yes Yes Yes No Yes (live broker) Yes Yes Supports 6 currencies Equities and foreign ordinaries on 42 exchanges. 9.99 17.49 13.74 19.99 2.99 no surcharge Yes, additional 45.00 None Outgoing only-25.00 for partial transfers, 60.00 for full transfers 94.92 7.99 7.49 6.99 5.99 In beta test

Fidelity.com www.fidelity.com YES 1-800-FIDELITY Browser Yes Options only Yes Yes Yes 2,540 10, 263 C, T, M, CD Yes Yes Yes Yes No No No Yes Supports 8 currencies 12 markets online (Canada, Euronext and others); 7.95 15.45 11.70 (+7.95?) 75 purchase only N/A 7.95 Yes, 32.95 None 50.00 retirement account closeout fee. 78.6 8.075 7.575 7.075 6.58 No
others via live broker

Fidelity Active Trader Pro www.fidelity.com YES 1-800-FIDELITY Software Yes Yes Yes Yes Yes 2,540 10, 263 Via Web Platform Yes Yes Yes Yes No No No Yes Supports 8 currencies 12 markets online (Canada, Euronext and others); 7.95 15.45 11.70 (+7.95?) 75 purchase only N/A 7.95 Yes, 32.95 None 50.00 retirement account closeout fee. 78.6 8.075 7.575 7.075 6.575 No
others via live broker

Firstrade www.firstrade.com YES 1-800-869-8800 Browser No Via live broker No No No 7,000+ 11,544 C, T, M, CD Yes Yes Yes Yes No No No Yes No Canada via live broker 6.95 14.45 17.65 9.95 N/A 6.95 Yes, 26.95 for stocks and options + 75 cents per contract N/A 50 70.6 7.75 7.75 7.5 7 No

Interactive Brokers www.interactivebrokers.com YES 1-877-442 2757 Both Yes Yes Yes Yes Yes US: 11,445. Worldwide: 13,279. 985 C, T, M Yes Yes Yes Yes Yes Yes Yes Yes 33 pairs Extensive list of equities, options, and futures. 2.5 7 6 14.95 0.25-3.75 Same as national stocks. To close trades only. None No fee. 29 1.62 1.62 1.62 1.62 Yes

Just2Trade www.just2trade.com NO 1-877-206-2274 Browser Yes Can choose ECN*** Post-trade via Maxit Yes No "3,098" 9,600 C, T, M, CD Yes No Yes Yes No No No Yes No Equities in most exchanges that have an OTC clearing 2.5 7.5 5 2.5 N/A 2.5 Yes, 20.00 for stock trades, 25.00 for mutual fund orders, 20.00 plus 1 per N/A 50 30 3.25 3.25 3 2.75 No
symbol in the U.S. Others via live broker. contract for option trades

Lightspeed Trading www.lightspeed.com ??? 1-888-LSPD- OR 1-646-393-4800 Both Yes Yes No Yes No 5,000 N/A None Yes Yes Yes Yes No No Yes Yes 37 pairs None 1.98 5 4.48 N/A 0.5 10.00 up to 20,000 shares, 0.0005 per share if over 20,000 Yes, 15.00 None None 21.88 3.25 3.25 3.25 3.25 Yes
shares.

MB Trading www.mbtrading.com YES 1-866-628-3001 Both Yes Yes Yes Yes Yes 3,500 4,000 C, T, M, CD Yes Yes Yes Yes No Yes Yes Yes 28 pairs Canadian exchanges, LIFFE, EUREX. 4.95 9.5 9.9 12.95 0.95 8.95 Yes. No additional charge None 50 48.7 7.95 7.95 7.95 7.95 Yes

Muriel Siebert www.siebertnet.com ??? 1-800-872-0711 Browser Yes Yes Yes Some Yes 2,540 15,893 C, T, M, CD Yes Yes Yes Yes No No No Yes 23 via live broker Live broker in 42 countries 14.95 Negotiable; published minimum $30. 44.55 35 N/A 14.95 Yes, minimum commission is 37.50 per trade. None 50.00 termination fee for exiting retirement accounts. 149.7 3.5 2.75 2.75 2.75 No.

OptionsHouse www.optionshouse.com NO 1-877-653-2500 Browser Yes No Yes Yes Yes 3,279 18,695 C, T via live broker Yes Yes Yes Yes No No No No No None 2.95 $10.00 7.95 $9.95 N/A $2.95 (For stocks priced $2.00 or less that are not options Yes. No additional charge. NA $25 for a partial transfer and $50 for a complete transfer. 37.7 4.45 4.45 3.45 3.45 Yes
eligible, add $0.005 per share.)

optionsXpress www.optionsxpress.com NO 1-888-280-8020 Browser Yes Yes Yes Yes Yes 3,000 10,712 C, T, M, CD Yes Yes Yes Yes Yes Yes Yes Yes 18 pairs Futures on multiple exchanges 9.95 14.95 9.95 14.95 http://www.optionsxpress.com/welcome/co 14.95 minimum, capped at 5% of total purchase price Yes. No additional charge None 50 89.6 6.25 6.25 5.25 5 TK
mmissions.aspx

Scottrade www.scottrade.com NO 1-800-619-7283 Browser Yes No Via live broker Some No N/A 14,898 C, T, M, CD Yes OptionsFirst platform Yes Yes No No No Yes No Canadian equities 7 19.5 7 17 N/A For stocks priced under $1, add 1/2% of principal to the Yes. No additional charge None None 81 7.5 7.25 6.75 6.5 No
commission

Scottrade Elite www.scottradeelite.com NO 1-800-619-7283 Software Yes No Via live broker Some No N/A 14,898 C, T, M, CD Yes No Yes Yes No No No Yes No Canadian equities 7 19.5 7 17 N/A For stocks priced under $1, add 1/2% of principal to the Yes. No additional charge None None 81 7.5 7.25 6.75 6.5 No
commission

SogoTrade www.sogotrade.com NO 1-212-668-8686 Browser Yes No Yes (in Q2 2010) No No 8,267 None None Yes Yes Yes Yes No No No Yes No None 3 11.5 11.25 N/A N/A 3.00 for stocks traded at 1.00 or more per share. For stocks Yes, 27.00 minimum. No fee 75.00 for full ACAT out, 50.00 for partial ACAT***** 41 6.5 6.5 5.5 5.5 No
less than 1.00, 1/2% of the principal value (3 minimum)

TD AMERITRADE www.tdameritrade.com NO 1-800-669-3900 Both Yes Yes Yes Some Yes N/A 12,998 C, T, M. CD via live Yes Yes Yes Yes Yes (spring 2010) Yes (spring 2010) Yes (spring 20 10) Live broker 126 pairs via Canada (pink sheets only) 9.99 17.49 23.75 0 N/A 9.99 Yes, 44.99 for unlimited shares, 44.99 + 0.75 per contract for options None Outbound partial transfers are 25, Outbound full transfers are $75 94.92 8.75 8.5 7.5 7.25 No
broker thinkorswim

Terra Nova http://www.tnfg.com N/A 1-800-228-4216 Software Yes Yes No Yes Yes 4,000+ C, T, M via live broker Yes Yes Yes Yes No No Yes Yes No Toronto 5 12.5 11.25 25 1 9.5 Yes, 20 per trade "Realtick: $250 + data feed costs, >Sterling: $230 + data feed costs InstaQuote: $100 + data feed costs" 50 ACAT fee 55 5 5 5 4.5 Yes

thinkorswim www.thinkorswim.com NO 1-866-839-1100 Both Yes Yes Yes Yes Yes 13,000 C, T, M, CD Yes Yes Yes Yes Live broker Yes Yes Live broker 126 pairs Australia, Canada, Singapore 6.25 13.5 13.75 3 free mutual fund trades per 2.00-3.50 9.95 Yes. No additional charge None None 64.5 6.25 6.25 5.25 5 Yes
month, 36 free per year; 15.00 per
transaction after that

TradeKing www.tradeking.com NO 1-877-495-KING (5464) Browser Yes Live broker Via live broker Yes No 3,500 9,200 C, T, M, CD Yes Yes Yes Yes No No No Yes No None 4.95 11.45 13.15 14.95 N/A 4.95. Add .01 per share for stocks priced at or under 1.00 Yes. No additional charge N/A 50 52.6 6.5 6.5 5.5 5.5 No

tradeMONSTER www.trademonster.com YES 1-877-598-3190 Browser Yes Yes No Yes Yes 3,217.00 5,132 C, T, M, CD via live Yes Yes Yes Yes No No No Yes No None 7.5 12.5 15 0.00 to sell, 15.00 to buy None 7.5 Yes. No additional charge None 50 for outbound ACAT. 70 3.25 3.25 2.5 2.5 No
broker

TradeStation Securities www.TradeStation.com YES 1-800-808-9336 or 1-954-652- Software Yes Yes No Yes Yes 8,896 5,000 C, T, M, CD via live Yes Yes Yes Live broker Yes Yes Yes Yes 37 pairs Eurex, LIFFE, MEFF, HKFE, TOCOM, TIFFE, SFE.**** 5 10 10 14.95 0.25 - 1.20 9.99 Yes, standard rates plus 20.00. 99.95 50 50 7.75 7.75 7.75 7.75 No
7677 broker

Zecco www.maia.zecco.com and YES 1-877-700-7862 Browser Yes No Post-trade via No No 3,323 6,000 C, T, M, CD Yes Yes Yes Yes No No Gold/silver Yes 37 pairs via separate None "0.00 (first 10 trades/month) or 4.50. 9.5 "7.00 for first 10 stock trades, 11.50 10 N/A 0.00 (first 10 trades/month) or 4.50. Yes, 19.99 for stocks and mutual funds; 19.99 + 0.75 per contract for options None 50 for ACAT transfers; 25 for DTC transfers; 30 for DRS transfers 19 7.5 7.25 6.75 6.25 No
www.zecco.com GainsKeeper platform after that."

(1) Commission based on 500 shares of stock.

(2) Commission based on 500 shares of stock and 5 options contracts.

(3) Does not include exchange, regulatory, or overnight fees.

(4) 100 stock transactions and 100 options transactions, plus a $30,000 average margin balance.

*C=corporate; T=Treasury; M=Muni; CD=Certificate of Deposit

**Over-the-counter bulletin board

***Electronic communications network

**** Eurex is a European derivatives exchange; LIFFE is the London International Financial Futures and Options Exchange; HKFE is Hong Kong Futures Exchange; TOCOM is the Tokyo Commodity Exchange; TIFFE is the Tokyo International Financial Futures and SFE is the Sydney Futures Exchange

*****Automated Customer Account Transfer

Additional Research Links:

Barrons Review http://online.barrons.com/article/SB126844973242861545.html#articleTabs_panel_article%3D1

Smart Money http://www.smartmoney.com/investing/economy/smartmoneys-annual-broker-survey-23119/?page=8

TopTen Reviews http://online-stock-trading-review.toptenreviews.com/

Online Broker Review http://www.onlinebrokerrev.com/

Brokerage Review http://www.brokeragereviews.org/

Trade Wiser Compares http://tools.tradewiser.com/brokers/beststockbrokers

Brokerage Review (Bull) http://www.brokerage-review.com/articles/barrons-2010-magazine-survey.aspx

Found This New Broker: http://www.speedtrader.com/index.php

Compiled by: JCB