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Comment online brokerage firms (Score 1) 284

I recently started doing the stock thing, and tried to get in on the supposed 16-18 dollar ipo of mp3.com a couple days before it went on sale. I couldn't open an account with etrade or charles shwab in that amount of time. Both required a printer (which I don't own), and at least 3-5 days, possibly as long as 20 days the fine print said on one of them. The charles Schwab office wouldn't let me buy stock at the ipo price unless I had an account with them for a half million and was making 4 trades per month. . . I eventually got an account at dljdirect. and was able to place an order (not for mp3.com and my desire for that stock faded when it was said to open at 28) the same day with up to 15,000 credit. trades are 20. more expensive than etrade, but i don't have to have a minimum amount in the account, and didn'y have to wait at all, or own a printer. look into it if you are in a hurry to get an account.

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