Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
And who do you like the best-- Schwab or Ameritrade?
I think E-Trade was the best online broker, until they got into mortgages. According to CNN, 60% of the mortgages they financed in 2006 and 2007 were no doc. No way that's gonna end well.
And who do you like the best-- Schwab or Ameritrade?
I think E-Trade was the best online broker, until they got into mortgages. According to CNN, 60% of the mortgages they financed in 2006 and 2007 were no doc. No way that's gonna end well.
Schwab & Fidelity have the best reputations. I don't think Etrade will go BK and someone will buy them out first. It's really a shame because I've heard that Etrades website is laid out really well. If they do go BK maybe the new brokerage will adopt Etrades website and format.
Yes, I think E-trade has the best website, too-- light year's ahead of Schwab's. But they are way overexposed to this subprime mess and I talked to a broker in the Brentwood office today and he says the employees are really worried. I'm not sure which financial institution can afford to buy into that kind of subprime exposure, unless they do it for a very low value.
With Countrywide and E-trade both out there, wonder who'd be willing to come to the table and buy them up? Of course, there was all that talk about Buffett...
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,690 posts, read 58,004,579 times
Reputation: 46171
I prefer Scottrade, and they have all my retirement accounts plus kids & spouse personal accounts + each of their IRA's (Roth and Traditionals.. so about 10 accounts here). They have been very accurate and fast executions (I have never lost a trade, or a statement, and get checks in one day when I need $$$ ) and they are really low cost, hassle free, and a real person on the line when you call. Many offices for your conveinence, but that must add to cost... tho they continue to be one of the cheapest. $7 for limit orders Online Discount Brokers, Online Stock Trading, Stock Investing, Mutual Funds, IRA - Scottrade
I use Hybridtrading for my trust and personal $$ as they have quite attractive Margin Rates. (for financing that occassional "good deal" real estate or collectable, checkwriting on margin is very handy compared to getting a construction loan...+ you first use your credit card and get mileage, then a margin check to pay off balance). Also a good customer service broker, who actually answers the phone...and has a very nice platform with good tracking of cost basis... (built by previous employees of Bidwell and Co, Which got bought by Ameritrade) https://www.hybridtrading.com/hybrid/
thinkorswim is awesome for quick executions and a must for options. Their software, forums and training (redoptionplanet) is hands down best ...if you have access to Hi-speed... (which I have to travel 40 miles to use...) thinkorswim Home - Stock Option Investing - Stock Option Trading - Online Trading Stocks and Options
ratings / comments here Ratings for thinkorswim
folks (including me really like their free classes. What an education !!! If only I would have known this stuff 30 yrs ago...
I have tried Ameritrade and PW (now one...) and Etrade, but much prefer those listed above.
A lot of people are bailing out of E*Trade to move their funds to their accounts at Schwab or Fidelity. Accounts are insured by S.P.I.C. in any event but moving them now avoids possible delays in executing trades if E*Trade goes under. Suspect many are selling out positions today and moving the proceeds to their other account after settlement of trades, which takes less time than transferring your account to another brokerage.
We have CyberTrader as a platform for almost 6 years and have never had any issue at all. Schwab bought them a few years ago and we are going thru the transition soon, next month as a matter of fact.
I just joined Scottrade a few weeks ago and was very pleased with the on line and personal support. This is my first time trading stocks and so far it has been an exciting experience and Scottrade has made it easy. Their knowledge tools are very educational. If you use a limit order and it isn’t filled, at first it appears as though you are charged for a trade but shortly afterward it is credited back to your account. Hope this has been helpful. [mod edit - soliciting]
Thanks, Julia
is there a reason the mods don't lock these old old old threads so they can't be posted to?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
) and they are really low cost, hassle free, and a real person on the line when you call. Many offices for your conveinence, but that must add to cost... tho they continue to be one of the cheapest. $7 for limit orders
