PlaceTrade customer reviews: complaints, positive feedback from clients, pros and cons. Is the broker good/safe?
Minimum to open: $5,000 is a minimum to open an account for traders aged 26+, and $3,000 is minimum for IRA accounts and traders between the ages of 21-25.
- Stocks, ETFs: $0.01 per share, $1.50 minimum + exchange fees
- Options: $0.75 per contract, $1.50 minimum + exchange fees
- Mutual Funds:$19.95
- Bonds <= $10,000 Face value:0.15% trade value, $5 minimum
- Bonds > $10,000 Face value: 0.0375% trade value, $5 minimum
About PlaceTrade Online Brokerage Account
Place Trade is a global full service, discount brokerage firm offering both online trading and trustworthy financial guidance. Investing through
our firm allows you to trade in your choice of over 100 market centers, 19+ countries, 17 currencies, 12 languages and a wide range of investment
securities all through one account. Our unique structure allows us to offer clients as much or as little assistance as is desired.
In 2015, Barron's Magazine awarded PlaceTrade 4.5-star (out of 5) rating in their annual report of the
Barron's Best Online Brokers In addition
to receiving high marks from Barron's in: Trading experience & Tech, Portfolio analysis & Reports, Customer service & Education, Usability & Low cost.
Placetrade did not participate in the survey in 2016.
PlaceTrade Promotional Offer
No promotion offers at this time.
by Kenneth Chalet,
Pros: Very Personal to work with
I was very impressed when contacting Place Trade how quickly I was helped by a person not a phone robot. How refreshing that my new online trading company actually has humans working there! The fees are spot on and I am very happy to have found this firm.
No setup fees or maintenance fees for IRAs, although there is a termination fee.
Leading U.S. Brokerage Review Websites About PlaceTrade
"For a transaction of 1,000 shares, PlaceTrade will charge you $10.00. Depending on the share volume you plan to trade per transaction,
it may be better to go with a flat fee brokerage. PlaceTrade structures its options trading with a base fee that is charged in conjunction
with a fee per options contract. The base trade fee is $1.50, which is fairly low compared to other online brokers, and the fee charged
per contract is $0.75."
Brokerage reviews from customers/users/consumers. Broker ratings, promotional codes, scam reports/complaints, pros and cons, stocks, options,
ETFs, mutual funds trading/invseting commissions/fees for 2017. Consumer opinions and feedback on brokerage services.
reviewed by TopRatedFirms.com users.
2 customer reviews.