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UPDATED: February 4, 2007

TD Ameritrade

ShareBuilder
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Power E*TRADE
E*TRADE Securities

Fidelity
Fidelity

Recommended for Beginners
Account Minimum Information
Cash Account $2,000 No minimum $10,000 $2,500
Margin Account $2,000 N/A $20,000 $5,000 footnote 1
Retirement Account (IRA) $1,000 No minimum No annual fee/No account minimum $2,500 footnote 2
Commission Schedule -- Online Trades
Market Order $9.99 $4/ShareBuilder purchase transaction (made Tuesdays). $15.95 for Real-time market orders. As low as $6.99 footnote 3 As low as $8.00 footnote 4
Limit Order $9.99 $9.95 As low as $6.99 footnote 3 As low as $8.00 footnote 4
Fee Schedule
Maintenance Fees None None $0 if certain conditions are met. footnote 5 None footnote 6
Transfer Fees $25.00 (Transfer Out Partial or IRA)
$50.00 (Transfer Out Full non-IRA)
$10 per security, $50 maximum (outgoing) Outgoing only: $25 for partial; $60 for full transfers. None footnote 6
Opening an Account ShareBuilder-Welcome page
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E*TRADE Securities Fidelity

footnote 1 Minimum equity account balance requirement.
footnote 2 Minimum account balance waived for monthly contributions of at least $200 per month.
footnote 3 For more information on trade commissions, click here for details.
footnote 4 Eligible households with $25,000 in assets and 120+ stock, bond, or options trades a year or with $1,000,000+ in assets, pay $8 for online stock trades. Certain restrictions apply. For commission schedule and complete details see Fidelity.com/commission.
footnote 5 For more information on account maintenance fees, visit www.etrade.com/fees.
footnote 6 Applies to Brokerage accounts only.

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