E*Trade, ScottsTrade, TDWaterhouse...

[HDMIsource.com]

I'm currently with TDWaterhouse, and each trade they're charging $11.95. Their record keeping and software stinks in my opinion. Their monthly statements are confusing and if I didn't separately keep track of my trades, I'd have been lost. The worst part of TD is their stock tracking software. Stocks I've sold or covered still remain on my screen. Called a few times to have them deleted and they're still there. Any good trading sites you can recommend?

[mlegha1]

Came across a few cheaper ones www.firstrade.com and www.tradeking.com both seem new and good.I myself havea sharebuilder account but am in a similar situation looking for a cheaper more flexible broker.

[roehrigs01]

Buy&Hold is $14 for the month, but uses widow trades... like 9, 12 & 3 EST.

I have been looking at leaving B&H to go with IB..http://interactivebrokers.com $10 a month min commisions and like $1 a trade...The $10 is canxed if the commision is $10+ from online trades.

[Jordan]

What do you guys think about scottrade?

[bludevil007]

even though i pay 11 a trade (10.99), i really like ameritrade. They have great charts and a great streamer. The trades are quick and effective. Their statements are easy to read. Commissions are always annoying, and the difference between 8 and 11 is not enough for me to switch to scottrade, but i do hear interactivebrokers is good.

[teno4212]

Etrade has nice fast transaction guarantees and such, but unless you have a lot of money or a ton of trades per quarter going on, each trade is 12.99 and the charts aren't all that great as far as I'm concerned (not big enough).

[roy]

At Ameritrade, you also get 10 (or 15) free trades after you sign up. If you are an Apex client, you get 35 free trades. And I find their customer service to be very efficient.

[Luc1Grunt]

Scottrade Elite, but may move to tradestation as my trade volume reaches their prescribed level (to avoid paying for the platform).

Scottrade has been far superior to e-trade.:cool:

[mhertz]

Take a look at optionsXpress -- I'm currently in the midst of transferring my Ameritrade account to OXPS.

[CapeCodSue]

even though i pay 11 a trade (10.99), i really like ameritrade. They have great charts and a great streamer. The trades are quick and effective. Their statements are easy to read. Commissions are always annoying, and the difference between 8 and 11 is not enough for me to switch to scottrade, but i do hear interactivebrokers is good.

TD Waterhouse and Ameritrade just joined forces and are now TD Ameritrade. They have not yet told us much about what changes will be forthcoming or what the trades will cost. TD Waterhouse was charging around $21-$22 for a limit order.

[Bman409]

Buy&Hold is $14 for the month, but uses widow trades... like 9, 12 & 3 EST.

I have been looking at leaving B&H to go with IB..http://interactivebrokers.com $10 a month min commisions and like $1 a trade...The $10 is canxed if the commision is $10+ from online trades.


I use interactivebrokers.com

I would never go back to Etrade

With IB you get alot more freedom, alot more types of orders you can do and its dirt cheap

I've used them for years and i don't know how the other online brokers stay in business

IB kills them.

[tekbubble]

I use FolionFN (www.foliofn.com). For about $20 a month, I get 200 free window trades (11am or 2pm). High-quality website, not all the fancy bells-and whistles but most of them.

[nawilson12]

I have not used TDWaterhouse, but I am currently using E*trade which seems to manage my stock picks very effectively. I have had many questions as to where they put finalized sales, etc. and they usually get back to me within minutes of my question.
I recently have been using http://www.shareplanner.com for information on swing trades and long term investing and have been doing well with them. I don't always go with what they suggest and E*trade gives me the option to put trades on a watchlist. They put it in at the price I would have bought it at right then and you can watch to see if you would have made money at that point or how much you would have lost. I think it is a great program. The only downfall is how long it takes to transfer money into E*trade.