Online Trading
Posting Guru
Joined: Jun 1999
Posts: 2,007
Likes: 0
From: Oregon
I've used www.ameritrade.com for a number of years now. They are easy to use. Never had a problem with them.
Post Fiend
Joined: Feb 2004
Posts: 10,728
Likes: 1
From: Damascus-Boring, Ore
Watcha lookin for?
For a small(ish) account and frequent trading, Scottrade is tough to beat. Nice people, better customer service. Not a good choice if your looking for professional advice. E*Trade also fits in here, but only for mid-size or larger accounts (fees add up on the smaller accounts). The E offers more services, but customer service can run hot or cold.
If you want every concievable service under one roof (stocks, options, futures, mutual funds), Fidelity is a good choice. If mutual funds are your trading vehicle of choice, TD Waterhouse is especially cost-effective. Both are highly recommended for tax-deferred accounts.
If you want a face to see along with your online account statement, Charles Schwab is the best game in town. Also good if you need professional advice. Merrill Lynch is good if 1) you have a big account and 2) have the right broker and 3) need a multitude of financial services (mortgages, creditlines, etc) Otherwise, their fees will eat you up alive.
Almost like buying a truck, isn't it?
edit: aw crud- the disclaimer, I may have an account at one or more of the brokers mentioned above.
For a small(ish) account and frequent trading, Scottrade is tough to beat. Nice people, better customer service. Not a good choice if your looking for professional advice. E*Trade also fits in here, but only for mid-size or larger accounts (fees add up on the smaller accounts). The E offers more services, but customer service can run hot or cold.
If you want every concievable service under one roof (stocks, options, futures, mutual funds), Fidelity is a good choice. If mutual funds are your trading vehicle of choice, TD Waterhouse is especially cost-effective. Both are highly recommended for tax-deferred accounts.
If you want a face to see along with your online account statement, Charles Schwab is the best game in town. Also good if you need professional advice. Merrill Lynch is good if 1) you have a big account and 2) have the right broker and 3) need a multitude of financial services (mortgages, creditlines, etc) Otherwise, their fees will eat you up alive.
Almost like buying a truck, isn't it?
edit: aw crud- the disclaimer, I may have an account at one or more of the brokers mentioned above.
Last edited by polarbear; May 26, 2005 at 01:02 AM.
Post Fiend
Joined: Jun 2001
Posts: 5,228
Likes: 5
From: Running Springs CA
I agree with polarbear. I have been with Schwab for many years and am fully satisfied, but they no longer want small accounts and will fee them to death. Scottrade looks like the best of the online-only, deep-discount brokers. My IRA is with TD Waterhouse.
Jim
Jim
Thread
Thread Starter
Forum
Replies
Last Post
cmpd1781
General NON-Automotive Conversation
156
Aug 21, 2007 01:07 PM
rebocardo
General NON-Automotive Conversation
1
May 5, 2006 09:18 PM
