E*Trade flat rate on stock deals

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Broker charges £14.95 for trades up to £1,500 and is set to pay interest rate on cash balances By Ki...

Broker charges £14.95 for trades up to £1,500 and is set to pay interest rate on cash balances By Kira Nickerson E*Trade UK is charging investors a flat rate fee for stock transactions conducted on its electronic service. E*Trade UK, which launched on 29 July, is an internet-only stockbroker aiming to offer a fully electronic service to UK investors including free research and news. Created as a joint venture with Electronic Share Information (ESI), the group is offering a flat rate of £14.95 a trade up to £1,500. For active investors and for trades above £1,500 the group is charging £2...

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