There are significant differences between the fees that different types of brokers charge. Table 38 presents a comparison between the fees charged by different brokers for identical services. The table refers to purchasing stock at $20 a share, in quantities of 100, 500 and 1,000 shares.
Table 38
Typical Fee Ranges for Stock Purchases, at $20 a Share, According to Fixed Quantities (January, 2003)
| 100 Shares | 500 Shares | 1,000 Shares | |
| Full Service Broker | $65 – $95 | $119 – $249 | $370 – $473 |
| Discout Broker | $17 – $75 | $17 – $150 | $17 – $180 |
| Oline Broker | $5 – $30 | $5 – $30 | $5 – $30 |
