Just2trade Trading Commissions
- $2.50 per trade stock commission (with surcharge for extended hours trading)
- Options commission: $2.50 plus $0.50 per contract
- Mutual funds: $2.50
- Minimum account balance: $2,500
Just2trade Important Fees and Surcharges
- Extended hours surcharge: $0.003 per share
- Large order surcharge: $0
- Penny stocks surcharge: $0
- IRA Annual fee: $35 (waived for accounts with over $25,000 in assets)
- IRA Closing Fee: $75
- IRA Setup Fee: $25 (waived for accounts with over $25,000 in assets)
Just2trade Pros
- Very low commissions on stocks, ETFs and mutual funds
- Free realtime level 1&2 streaming quotes
- Low margin rates
- Morningstar research included
Just2trade Cons
- Not for beginner investors (company clearly states that)
- Hard to reach customer service
- Surcharge of $0.003 per share on extended hours trades (NSDQ or ARCA)
- $25 IRA setup fee, $75 IRA closing fee and $35 annual IRA fee for IRA accounts with under $25,000 in assets
- Basic trading tools
- Very limited list of stocks to short
Just2trade Account Types
- Joint Accounts
- Joint Account with Rights of Survivorship (JTWROS)
- Joint Account with Tenants in Common (JTIC)
- Retirement Accounts
- Traditional IRA
- Roth IRA
- Rollover IRA
- Simplified Employee Pension (SEP) IRA
- Educational Savings Account (Coverdell)
- Limited Liability Company
Just2trade Review
Just2trade provides very cheap commissions on equities, exchange traded funds and mutual funds - just $2.50 per trade.
The firm charges additional $0.003 per share for orders executed during extended hours (from 7-9:30AM EST pre-market and 4-8PM EST).
Minimum to open and maintain account is $2,500.
You pay for what you get. Just2trade customers are experienced and active traders. The firm only excepts clients with at least two
years of trading experience, knowledge of trading terminology and personal account management. Just2trade provides these
low commissions by having very few customer service representatives.
There are a lot of reports on the internet about account balance being calculated with errors
at Just2trade. This is a huge red flag - if the company can't be trusted to do it right, why would one give them their money?
Just2trade's trading tools are not very intuitive and would be too complicated for beginner investors. Only open account with the
company if you know what you are doing and do not need too much handholding.
Just2Trade Promotional Code
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