In Brief: May 22, 2000

FREE-FOR-ALL It had to happen. Eager e-brokers have reduced the price of trading to zero. FinancialCafe.com Freetrade.com (an Ameritrade offshoot) and American Express are trying to reel in new customers by giving trades away. And who are we to complain? Zero beats the $5 a trade that even deep discounters like Brown & Co. charge--but there are some conditions. What's next? Free toasters?

FREE ONLINE TRADING

Company The Catch

American Express Must have minimum of $25,000 in account Freetrade.com Limit and odd lot orders cost $5.00 FinancialCafe.com $16.95 + .01 per share for...

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