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TradePro LLC

Note: The following information has not been updated by the vendor since 04/14/09.

Address:6841 N. Rochester Rd #300F
Rochester Hills, MI 48306
Phone # for sales: 248 608 5469
Additional Phone #: 248 608 5466
Fax: 248 608 5471
Website: www.thetradepros.com
Click link to request additional product information.
E-mail address: mailbox@thetradepros.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: TradePro LLC
Minimum account size: $5000-$10000
Base commission rates: $8-$9
Brief explanation of margin rates, if applicable: 

2-1 buying power. 4.5% credit interest 9%debit interest
This brokerage has been in business for: 5-10 years
Primary type of broker: Stocks
Brief description of services offered: 

Direct access and web based Level II direct access systems. Equities, Options and futures offered with personal customer service.

Account Information TOP

Types of trading accounts offered: 
  • On-Line Discount Broker
Customers online account information is updated: End of trading day
Types of trades offerered: 
  • Stocks
  • Options
  • Futures
Other trade types: N/A
Types of quotes offered to customers: 
  • Real-Time
  • Nasdaq Level II
Execution methods offered: 
  • Electronic direct access trading(SOES, SNET and the ISLD ECN)
Exchanges covered: 
  • American Stock Exchange (AMEX)
  • Boston Stock Exchange
  • CBOE-Chicago Board Options Exchange
  • CBOT-Chicago Board of Trade
  • Chicago Stock Exchange
  • Cincinnati Stock Exchange
  • CME-Chicago Mercantile Exchange
  • NASDAQ
  • New York Stock Exchange (NYSE)
  • OTC
  • Pacific Exchange
  • Philadelphia Stock Exchange
Setup or initial costs to set up an account: Depends on type of account

Features TOP

Types of services offered to customers: 
  • Technical Analysis
  • Fundamental Analysis
  • Basic -charts & graphs
  • Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
  • Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
  • Head line news
  • Unique proprietary stories and news coverage
  • Portfolio management
  • Checking account, debit card, credit card
  • Allow naked option writing
Ways customers can access their trading account: 
  • Internet
  • Telephone
Allow stop, limit, and stop limit orders? Yes
Charge extra for stop, limit, and stop limit orders: No
Offer 24 hour customer support: No
Offer tax planning advice: Yes

Additional Comments TOP

Special features included in the service are: 

Realtick Software, 12 hour trading, Nasdaq stop orders, Low commissions, superior customer support, online chat room, & trading from $6.95
This broker's service is better than the competition in these areas: 

Price and Personal Customer support, "You focus on the markets, we'll focus on you". We took the support of a full service brokerage and applied that theory to servicing our on-line brokerage firm.
Types of security precautions taken for customers: 

Firewall protection of account info. SIPC insured with additional coverage for all accounts.
Communications during systems failures has been assured through: 

Online chat room, email, software alerts and immediate respond through telephone (no waiting)
The major plans for upgrading the current level of trading service are as follows: 

We've added a free web based trading platform with direct access capabilities. Clients can execute stocks, options and futures through this platform.

General Information | Account Information | Features | Additional Comments

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