Ratings
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WallStreet*E Review 2011
Broker Review
IMPORTANT NOTICE: As of 2011 we have received an unofficial notice that WallStreet*E has shutdown its operations and is no longer in service.
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Likes - Has made an attempt at mobile trading.
Dislikes - No live chat and overall poor customer support; ultra expensive options commissions; $100 inactivity fee; website riddled with bugs and difficult to navigate.
Bottom Line - With so many better brokers available, WallStreet*E is not a recommended broker to trade with.
Our WallStreet*E 2011 review provides trade platform screenshots, detailed commissions information, and online broker ratings. Compare WallStreet*E to other stock brokers.
Commission Notes
WallStreet*E commissions structure details below. Note the broker charges $100 per year for inactivity and $50 to close an account. When we tested the contact page was a dead link and the questions box was not functional.Stock Trades - $9.99 per trade when trading less than 1,000 shares. If trading more than 1,000 shares it is $9.99 + $.01 per share.
Options Trades - $15.00 + $1.25 per contract. There is a $25 fee for each exercise or assignment.
Mutual Funds - Pricing not disclosed on website, have to call in (ie pricey).
International Trading - International Trading not currently offered.
Retirement Accounts - WallStreet*E $30 per year for IRAs which waived for accounts with over $25,000 in assets. A $60 fee is charged to close.
Other Investments - WallStreet*E does not support futures and forex.
WallStreet*E was reviewed by StockBrokers.com on 2011-01-06 with an overall rating of 1 Stars.
