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Ratings

Overall Star Star
Commissions & Fees Star
Customer Service Star Star Star
Platform & Tools Star Star
Research Star Star Star Star
Ease of Use Star
Investment Offering Star Star Star Star Star
Education Star Star
Mobile Trading Star

Trade Commissions

Equity Trades* $14.95
Options Fee* $30.60
Options Contract* $2.00
Mutual Fund $35.00
Broker Assisted* $35.00
Minimum Deposit $0.00

Highlights

  1. Large selection of fixed income securities.
  2. Advanced order types supported.
  3. No minimum deposit.

Account Features

  • Virtual Trading
  • No Minimum Deposit
  • No Maintenance Fees
  • No-Fee IRAs
  • Online Trader Community
  • Investment Education

Mobile Trading

  • iPhone App
  • iPad App
  • BlackBerry App
  • Android App
  • Mobile Site

Customer Service

  • Phone Support
  • Email Support
  • Live Chat Support
  • Retail Locations
  • 24/7 Customer Support

Trade Types

  • Stock Trading
  • Options Trading
  • Mutual Funds
  • FOREX Trading
  • Futures Trading

Recommended For

  • Discounted Trading
  • Long Term Trading
  • Options Trading
  • Active Trading
  • International Trading

Muriel Siebert Review

Broker Review

 

Likes - An extensive trade type offering including a vast selection of fixed income investments.

Dislikes - The most expensive broker we have ever reviewed; hard to remember website address.

Bottom Line - With so many discount brokers that provide more for clients than Muriel Siebert, we do not recommend this broker.

Our Muriel Siebert 2011 review provides trade platform screenshots, detailed commissions information, and online broker ratings. Compare Muriel Siebert to other stock brokers and see how the broker did in the most recent StockBrokers.com 2012 Review of Online Brokers as well as the 2012 Barron’s Review of Online Brokers.

Commission Notes

Muriel Siebert commissions structure details below.

Stock Trades - $14.95 per trade when trading less than 1,000 shares. If trading more than 1,000 shares it is $14.95 + $.015 per share.

Options Trades - Options cost $1 - $2 per contract depending on the size of the trade and price of the option. Each trade is subject to a $34 minimum charge ($30.60 when placed online).

Mutual Funds - Several thousand mutual funds are supported with over 1,700 being no load funds. Charge is $35 per trade.

International Trading - International Trading not currently offered.

Retirement Accounts - Muriel Siebert charges $30 per year for IRAs which waived for accounts with over $10,000 in assets. A $50 fee is charged to close.

Other Investments - Muriel Siebert does not support futures and forex.

Muriel Siebert was reviewed by StockBrokers.com on 2012-02-27 with an overall rating of 2 Stars.

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