WallStreetE

http://www.wallstreete.com 7242 SW 42 Terr Miami, FL 33155 Phone: (305) 669-3026 Toll Free: 1-888-WALL-STE(925-5783) Fax: (305) 661-7402 Email: info@wallstreete.com Slogan: "WallStreetE…where MONEY meets TECHNOLOGY"

General Description: WallStreetE has been receiving some excellent press regarding their leadership in the online brokerage community and online accessibility. They easily placed high on our top ten list because they offer online spread trading. Although their commissions are relatively high (you pay an additional 1.5 cents per share over the $14.95 base rate on all trades over 1,000 shares), they do offer commission breaks for frequent traders. They are also highly respected for their research tools offering screening tools for mutual funds and stocks as well as analyst recommendations and charting. Additional bonus: The site is bilingual offering both Spanish and English translations.

Features: WallStreetE offers three distinct service levels for trading stocks, bonds, mutual funds and options: Do-it-yourself Deep Discounted Brokerage, Full Brokerage On-line Advisors, and Valet Brokerage Service. The deep-discount service is geared for independent-thinking, self-directed investors who want to research and manage their own accounts using online interactive services. They have access to all the usual electronic bells and whistles from online research and analytical tools to real-time quotes and news alerts. The full advisory service provides novice traders or experienced traders with limited time availability with professional investment guidance and assistance in developing a wide range of investment strategies. The final "Valet" service is in between the two previous alternatives and enables traders to personally trade and manage a variety of products and seek help from an advisor.

Additional Services: Free money market sweep, free checkbook, cash and asset allocation account with a Visa card, checking account, money market account, trust services, investments in fixed income instruments including CD's, corporate bonds, emerging market sovereign debt, and Brady bonds; retirement accounts, IRA's, SEPs, and 401Ks. Trading tools include real-time quotes, charts, and news. Trading in major markets outside the United States is available. US tax exempt accounts for non-US citizens

Options: $25 plus $2.50 per contract plus frequent trader bonuses-10 trades in one week entitle you to a complimentary ticket charge. WallStreetE offers option chains and 15 minute delayed quotes free of charge. An options calculator can be downloaded for use in determining complex option strategies. Stop orders on options are sometimes allowed depending on market conditions. Stop orders are not allowed on highly volatile Internet stock options. For a short option in a spread to be considered covered, the long part of the option contract has to be expire on the same month or further out than the short contract and the strike price of the long option must be lower than the short option. The same applies to a short call, except the long call has to have a higher strike price (there is a little more, which would look the same)

Stocks: NASDAQ - OTC Market Orders are $ 14.95 per trade (.02 cents per share above 1000 shares). Frequent trader bonuses - If during the qualifying period your commissions exceed $1,000 but are less than $2,000, you'll get a 15% credit on the commissions in excess of $1,000.If they exceed $2,000, you'll earn a 20% credit. All Other Orders, NYSE listed, Limit, Stop & GTC are $19.95 per trade + .02 cents per share plus frequent trader bonuses.

Account Minimum: $2,500 minimum to open an account; $10,000 minimum for spread trades; $50,000 minimum for index options; $2,000 minimum maintenance requirement for equity options plus 100% of the option proceeds plus 20% of the underlying stock value. These requirements may vary depending on the size of your account and your quantity of trading.

Quotes: 100 free real-time quotes per day

Miscellaneous: Investment Newsletters, Portfolios, Article Archives, Free unlimited access to real-time corporate data filed with the Securities and Exchange Commission (SEC Edgar Reports), Portfolios: Criteria Searches, Bond quotes. WSE also has a mirror site with dedicated lines through another service provider (PSI) on a separate network from their primary service provider in case a system failure occurs, as well as "cold" backup servers and routers ready to be used at anytime in case of system difficulty.