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Poll

What stock broker do you have?

Scottrade
6 (37.5%)
TD Ameritrade
3 (18.8%)
E Trade
1 (6.3%)
Schwab
0 (0%)
Think or Swim
1 (6.3%)
Share Builder
1 (6.3%)
TradeKing
0 (0%)
Zecco
4 (25%)
LowTrades
0 (0%)
Interactive Brokers
0 (0%)

Total Members Voted: 13

Author Topic: Stock Brokers  (Read 6399 times)

0 Members and 3 Guests are viewing this topic.

January 13, 2009, 11:59:45 PM
Read 6399 times

Dzielak51

Guest
This is to see what the majority of us traders use for brokers.  This can help newbies out when deciding what broker to go with.

Please reply after voting stating what broker you have and rate it 1-5 with 1 being Unsatisfied and 5 being Satisfied.

January 14, 2009, 12:00:15 AM
Reply #1

Dzielak51

Guest
I use Scottrade and I give them a 4

January 14, 2009, 12:12:06 AM
Reply #2
Offline

Matt


Scottrade 4

January 14, 2009, 12:12:44 AM
Reply #3

boomer

Guest
This is to see what the majority of us traders use for brokers.  This can help newbies out when deciding what broker to go with.

Please reply after voting stating what broker you have and rate it 1-5 with 1 being Unsatisfied and 5 being Satisfied.
Scottrade 3.5

January 14, 2009, 12:23:33 AM
Reply #4
Offline

Allen


Scottrade

4

January 14, 2009, 12:37:40 AM
Reply #5
Offline

HappyAlien


I use scottrade cause that's who I've been with for a long time and I like their screener, they get a 4, would have got a 5, but there are some penny stocks that you have to call them to trade, and they charge higher fees on pennies.

I use ZECCO for pennies and they get a 3.5 due to a rather cumbersome website, having to log in constantly, and you have to pay 20 bucks extra per month for a screener. However, they have very fast execution speeds and flat fee of $4.50 no matter what. And you get 10 free trades a month if you have 2500 in the account.

Using Scottrade and Zecco TOGETHER gets a 5. IMO they complement each other. I use scottrade's screener for all the stocks, but only trade pennies on Zecco for lower fees and fast execution.

Hope this helps
LETS GET PAID

January 14, 2009, 07:58:32 AM
Reply #6
Offline

Stretcher75


Scottrade 4

January 14, 2009, 08:41:29 AM
Reply #7
Online

Dr PennyStock

Administrator
TDAmeritrade 5, I will soon open an account with Zecco to try them also.
Dr PennyStock

January 14, 2009, 08:55:26 AM
Reply #8

jotuk6771

Guest

January 14, 2009, 02:37:53 PM
Reply #9
Offline

cheffrey85


Think or Swim - 4

February 05, 2009, 08:04:29 PM
Reply #10
Offline

Shali


I use Scottrade Elite, which is decent for day trading. Although, Scottrade uses a market maker so there's a middleman involved, and I've been told by professional traders that they're "notorious for screwing their customers." Serious day traders may want to consider TradeStation, which is Direct Access Trading with a superior platform.

I opened an account with Zecco because it was costing me, at times, $100 per trade at Scottrade for a penny stock. The flat, cheap rate is great. In March, however, they're discontinuing the 10 free trades per month unless you have $25K or make a  minimum number of trades (I think it's 30). The website is cumbersome, as alexaco stated, because you have to keep logging back in. And if you're in a hurry, it can be frustrating. You may also have to wait for a while to speak to customer service if the website is down (this happened once). But the trades are executed quickly and I think they might actually be direct access (no mm's).

The two sites do complement each other well.

February 05, 2009, 10:24:29 PM
Reply #11
Offline

delt01


TD Ameritrade. 4

I just started with it and like it so far.  I haven't dug enough into it as much as I should have to this point but will soon. I need to check into differing fees for penny stocks because one time it seemed like it was higher then the other day I sold some and it seemed normal. ??

Like my grandpa used to say, "You live and learn and die a fool."

Where there's confusion, there's money to be made.

February 06, 2009, 06:52:51 AM
Reply #12
Online

Dr PennyStock

Administrator
I don't understand what you are saying, but, with TDAmeritrade, all orders are $9.99 flat, independently of the number of shares you trade, you pay $18.88 for a round trip.
Dr PennyStock

February 06, 2009, 07:38:30 AM
Reply #13
Offline

Homefree


zecco  4

February 06, 2009, 09:57:17 AM
Reply #14
Offline

sherwood


zecco    4