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No. of Recommendations: 2
A fellow named SailBadtheSinner frequently posts a list of discount brokers who have low or no minimums -- here's a recent example:

Here's a list of discount brokers who have NO to LOW
minimums to open:
Minimum to open: $0 /URL /Commission
Fristrade / www.firstrade.com / $6.95
Suretrade / www.suretrade.com / $7.95
Trading Direct / www.tradingdirect.com / $9.95
Bidwell & Co / www.bidwell.com / $12.00
Sovereign / www.mydiscountbroker.com / $12.00
BCL Online / www.blcnet.com / $13.00
Investex Sec. Grp. / www.investexpress / $13.95
National Disc. Brokers / www.ndb.com / $14.75
Quick & Reilly / www.quickwaynet.com / $14.95
Muriel Siebert / www.msiebert.com / $14.95
Dreyfus Brokerage / www.edreyfus.com / $15.00
Bank One / www.oneinvest.com / $19.95
Bull & Bear Securities / www.bullbear.com / $19.95
DLJ Direct / www.dljdirect.com / $20.00

Minimum to open: $500-1,000
Empire Fin'l Group / www.empirenow / $6.95
Waterhouse Sec. / www.waterhouse.com / $12.00
Track Data Sec. / www.mytrack.com / $12.95
E*Trade / www.etrade.com / $14.95
Tradewell Disc. Invest. / www.trade-well.com / $22.00


Note that I'm not sure that all these brokers support IRAs, or whether their fees for IRAs may differ from those for regular accounts -- but this should give you some ideas.

Phooley
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