[net.invest] Request for Info and Advice on Brokers

luong@tonto.DEC (Van Luong Nguyen UHO DTN 264-6560) (04/07/85)

	I have been in this country only for a relatively short time,
	and would appreciate learning from members of our "net.invest"
	community on your experience with stock brokers and futures brokers
	here.

	I am looking for a discount broker for the stock market and one for
	the futures market. The most important things to me are safety and
	protection for my account (against broker firm failure, fraud...),
	and efficiency in executing and reporting orders. I am not looking
	for much advice or recommendation service...

	1. Account Protection: Is there any Industry Standard for insurance,
	or other form of protection for assets in your account, that I must
	make sure that the broker does have?

	2. Commission Fee schedules: I am interested in learning the typical
	commission fees charged by discount brokers for both the stock market
	and the futures market...

	3. Any specific recommendation for a good broker, along with comments
	on your satisfaction with your broker for:
		- efficiency of executing orders
		- promptness of confirming executed orders
		- quality and accuracy of account statements
	
	Thanks in advance for your advice.



Thu 4-Apr-1985 14:22 EST