• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

What trading company to sign up w/ ?

X

Xenon14

Platinum Member
I think scottrade is decently cheap for trades - what do yo guys use, any advantages of your services? Let me know - I want to register tonight. thx
 
I have an eTrade account which I regrettfully am still in -- I would definately NOT recommend them.
I also have a TD Waterhouse account, which I like for services and all, but they just keep adding fees and raising rates -- so, cheap it is not.

I did a bit of research 6 months ago and came to the conclusion Muriel Seibert would be best for me.
I haven't switched so I don't have first hand experience, but I'm confident they are worth considering.
 
I just got an ad from Ameritrade in the mail today....

They're offering a palmOne Tungsten E handheld with a new account of $5,000 or more.

The ad says: ...go to www.ameritrade.com/e to apply (yes, "e"... that's not a typo)
If I remember right, they used to offer 10 or 20 free trades when opening an account... (not sure now, and too lazy to look it up) so if you're going with ameritrade, you might pick the benefit that best fits you.
 
We've got accounts with UBS and with Sharebuilder. Sharebuilder is great for smaller amounts of money at a time, like my kids' portfolios. They can throw five or ten bucks at a time into the money market accounts and buy stock when it gets to a reasonable level (like 100). Man, I wish I had a stock portfolio when I was 4 years old!!!
 
Oh, if you go with sharebuilder, find someone who has an account and get them to send you a referral link. You get some cash in your account that way, and they get a free trade or two. (Not that I'm fishing for referrals myself, I'm just saying that it's better to join with a referral.)
 
I would definitely avoid ETrade -- I woke up this morning to discover they started assessing QUARTERLY $40 "Account Services Fees" unless you're a Power User or have a mortgage through them, etc....

This is a big change in their terms -- and somehow I missed their notification to me about it. I'm usually very careful to read any changes in services, and if I missed it, I can't imagine how many others did as well.

This is like when they started assessing an IRA fee, and if you wanted to get out to avoid the fee, they charged you $50 for the transfer.
 
Just an FYI for Costco members--this summer's "Passport" coupon book has a deal going for Sharebuilder. If you are an Executive member, you get $75 in your account after the first trade (normally $40) and if you're a Gold Star member, you get $50 after your first trade (normally $40) if you sign up for Sharebuilder between June 20-Aug 28. Directions state "Visit costco.com, click on SERVICES then on SHAREBUILDER ONLINE INVESTING then on PASSPORT OFFER and follow the steps to open your account."

I didn't know about the Costco deal when I signed up with Sharebuilder so I got nothing. :|
 
Originally posted by: ttown
I just got an ad from Ameritrade in the mail today....

They're offering a palmOne Tungsten E handheld with a new account of $5,000 or more.

The ad says: ...go to www.ameritrade.com/e to apply (yes, "e"... that's not a typo)
If I remember right, they used to offer 10 or 20 free trades when opening an account... (not sure now, and too lazy to look it up) so if you're going with ameritrade, you might pick the benefit that best fits you.
Click to expand...

link? I don't see anything mentioned about it on the site.

Originally posted by: severtki
I would definitely avoid ETrade -- I woke up this morning to discover they started assessing QUARTERLY $40 "Account Services Fees" unless you're a Power User or have a mortgage through them, etc....

This is a big change in their terms -- and somehow I missed their notification to me about it. I'm usually very careful to read any changes in services, and if I missed it, I can't imagine how many others did as well.

This is like when they started assessing an IRA fee, and if you wanted to get out to avoid the fee, they charged you $50 for the transfer.
Click to expand...

That's harsh.
 
Originally posted by: gotsmack
I use td waterhouse, but they keep raising fees.

I'm going to switch to Scottrade.
Click to expand...

That's what I did a couple of years ago. Moved all my accounts from TD over to Scottrade. Haven't looked back since.
 
Originally posted by: ShotgunSteven
Are you looking to use it for a Roth IRA, or just managing your portfolio?
Click to expand...

what would you recommend for roth IRA?

is it better to do both through the same company?
 
Originally posted by: acemcmac
what does "per contract" mean to me? I'm buying index funds and indivdual stocks if that helps
Click to expand...


Per trade. You buy 1 share, you pay $7, you buy 1000 shares, you pay $7. You sell, $7
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top