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View Full Version : Does anyone here use Ameritrade to trade?


Malakas007
10-01-2006, 10:55 AM
Does anyone here use Ameritrade to trade? If so, how happy are you? Im thinking of switching to them.

metalheadrr3
10-01-2006, 11:25 AM
I've used them for several years now and I am very satisfied. The only other company I've had experience with is Scottrade [and I didn't like their website]. All the features are good, and if you qualify for Apex [X number of trades a month] you get a bunch of free stuff. The advanced analyzer is a good tool in my view. The only downside [which I haven't figured out yet] is that when you buy the charge is always 9.99 but when you sell I've always been charged somewhere between 9.99 - 10.06 [always being something different]. Which is a minor complaint, just pennies that I usually get back in interest for my cash.

Malakas007
10-01-2006, 11:34 AM
Do you get charged the extra pennies all the time or just some of the time?

roy
10-01-2006, 12:01 PM
Do you get charged the extra pennies all the time or just some of the time?

This is SEC imposed sales fee irrespective of brokerage you use. Read this for detail:
http://www.sec.gov/answers/sec31.htm

I have been using Ameritrade for almost a year now. They are great. One complain I have about them is, you can't short stocks which are less than $5. That's something I am willing to live with.

Imperator
10-01-2006, 05:27 PM
I use Ameritrade, for about the last six months, I'm not that active on it, but all of my trades have gone lightning fast, and I have no complaints.

ub3rn00ber
10-01-2006, 08:10 PM
Ive had at least 3 issues with them in the last 2 months. But the made up by giving me free trades. There tools are great if your APEX.

blackflair
10-02-2006, 06:44 AM
both my dad and I use Ameritrade and it's great. They should become a full financial service once their integration with TD Waterhouse becomes complete. My dad has been with TD Waterhouse for quite a few years and their financial services are great.

chinaman711
10-02-2006, 09:30 AM
I use 2 brokers and 1 is AMTD and i like their software and research tools. Market hudle is a great 1/2 hour call on the market and a few stocks. Im am listening to mondays report right now as it startes at 9am. They say market is netural to bearish s/t.

metalheadrr3
10-02-2006, 11:00 AM
Also if you are an Apex client they have special seminars / classes. There is one here in ATL on the 14th which I am going to attend. Someone from IBD is talking and there are 6 sessions [you pick 1 of 4 classes in each], that range from TA, Options, Advanced Options, Investing for a Goal, Using their software, Trader's Desktop ect. ect

Joel90069
10-02-2006, 03:27 PM
I'm an Ameritrade Apex trader also. Switched to them about 8 months ago and am very happy so far. Their website looks great and they provide a terrific amount of information, real time quotes, etc. If you want to talk to a human there's rarely a wait on hold and the customer service people are unusually well trained and courteous.