Posted by: eminitrader April 15, 2007
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I pay less than 1c per share, but you have to do a certain volume and have a certain balance. I use interactive brokers a lot because they offer futures which is a whole beast in itself.
Short-term capital gain taxes are a bit higher than long-term gains where you hold for more than 1 year. I don't know exactly what it is on top of my head but I think it is around 30%. We have a tax expert that does it. I honestly don't know much.
Look at Scottrade or Ameritrade should be okay too.