Comments on: Best Online Discount Brokers (Updated!)

By: Rollo

Rollo — Wed, 04 Nov 2009 20:21:45 +0000

Never had a problem with Choicetrade and I don’t foresee any of these discount brokers winning over that account. What would the advantages be to switch to Tradeking or Zecco?

By: BK

BK — Thu, 02 Jul 2009 00:46:42 +0000

Try Scottrade, I understand this site is about saving money, however with Scottrade you get 7 dollar equity trades and no inactivity fees. Also no fee IRA’s and no load no transaction fee mutual funds. Customer service is great, any problems I just go to my local branch. Reasearch, I get access to live quotes, screeners, news and reaserch reports. I love it!!

By: Jack Bronstein

Jack Bronstein — Mon, 22 Jun 2009 21:42:08 +0000

No offense, but the list looks incomplete. Have you tried Interactive Brokers? I made a research recently, and I think you may find useful:

http://thesmalltrader.com/choo.....ll-trader/

Good luck.

By: no name

no name — Tue, 26 May 2009 20:39:01 +0000

I live in the UK and started recently with TDWaterhouse. If your thinking of using them I would advice to pay your wiring transaction fees and use an American broker particularly if you are interested in penny stocks.

By: Nick L

Nick L — Fri, 01 May 2009 01:15:17 +0000

I have been with Zecco for a few years now and I have not had any problems with them other than their ever changing pricing structure… I remember when I was getting 40 free trades a month… those were the days… now its 10 free if you have $25k or trade 25 times a month.

By: sanjeev bhadresa

sanjeev bhadresa — Sat, 14 Mar 2009 22:32:47 +0000

Forget TradeKing if this applies to you!

Foreign citizens with a US Tax ID number and legally living in the USA may open a TradeKing account with the exception of citizens from the following countries: Australia, Austria, Belarus, Canada, Cote d’Ivoire (Ivory Coast), Cuba, France, Germany, Hong Kong, Italy, Iran, Iraq, Japan, Liberia, Libya, Malaysia, Myanmar (Burma), Netherlands, Nigeria, North Korea, Saudi Arabia, Singapore, Taiwan, Sudan, Syria, United Kingdom, Zimbabwe.

By: mm

mm — Thu, 12 Mar 2009 09:03:49 +0000

The brokers mentioned by Nickel are not serviced to daytrader
just for retail private investor

I think sogotrade is best for price,but their services need improved.

By: Joe

Joe — Fri, 06 Feb 2009 22:16:22 +0000

Who is the best broker for day trading(10 to 20 daily trades)?

Can anybody beat the TradeStation $0.01/share traded?

By: Jeff

Jeff — Thu, 05 Feb 2009 05:31:57 +0000

Zecco is no longer a free lunch for those investors just starting out in the world. They will require $25 K to get free trades or 25 trades a month on March 1 2009! Hardly a steal anymore for people with under $10 k assets who are buy and hold future types, though the stock market is a steal right now. If anyone is very disappointed (like me) about this sudden loss of free trades, please talk with Zecco representatives so we can get this overturned. I hate paying transaction fees, especially in this market, and they still get some (small) interest on my unused money, so what’s the problem here?

By: Ricky Smith

Ricky Smith — Tue, 16 Dec 2008 04:32:44 +0000

I have been using TradeKing for a few years and have had no complaint until now. I am trying to find another discount broker since they shut down my acct.
I contract growing poultry for Pilgrim’s Pride. Due to some bad timing, Pilgrim bought a competitor and grain and fuel went north and poultry meat prices went south shortly after. Eventually Pilgrim’s filed for chapter 11, but everything is business as usual and prices are getting better.
I tried to buy 30,000 shares at .17. TradeKing would not let me do it online. So I called and a supervisor told me he did not feel comfortable making the trade for me. He thought I had made some bad stock purchases and should not use IRA money to buy a penny stock. Pilgrim’s was a fortune 500 company with a high stock price of around $30 on top of this they are the largest poultry producer in the country if not the world. They are far from a penny stock company.
Anyway he refused to make the trade for me. I called back later and someone else made the trade for me. The supervisor found out and made the other broker call me and inform me the trade did go thru but “unfortunatly your account has been closed to any further buying” only selling my positions and transfering my accts to another broker.
As of today I am up over 400% in about 2 weeks.

By: stephen

stephen — Sun, 23 Nov 2008 17:24:15 +0000

I hear really good things about Zecco so I’m going to try opening an account. Another website hated ShareBuilder and thought E*Trade’s fees were high so I am staying away from them. They recommend Scottrade, TD Ameritrade and Schwab.

By: UT

UT — Thu, 06 Nov 2008 15:06:21 +0000

I used sogotrade and the site itself is not bad for price you pay but their margin department SUCKS esp guy name James – he acts like sogo is giving you a favor to trade with them and needs to learn MANNERS!! I have closed my account and would never go back. Occasionally site gets slow but not bad. Their CS and Margin Dept makes you say NO to sogo.

By: ide

ide — Thu, 05 Jun 2008 20:28:31 +0000

The Carnival of Creative Investing is up!
http://idealinvestment.blogspo.....up_05.html

By: Linda

Linda — Wed, 04 Jun 2008 19:28:30 +0000

I have been using Sharebuilder too! however, looking at Zecco with the great prices I will be opening a new zecco account.

By: Jack

Jack — Fri, 23 May 2008 05:02:49 +0000

Only one issue with your results – you failed to publish how many votes were cast and how were they distributed among the brokers.

By: Christopher Smith

Christopher Smith — Thu, 01 May 2008 10:57:42 +0000

I have accounts with both Zecco and E*TRADE. While I use Zecco for purchasing individual stocks, all of my mutual funds (mostly in IRAs) are at E*TRADE, and I do all of my research there. I’m willing to put up with some frustration to get free trades, but E*TRADE’s research and analysis tools (which you can get by opening an very good savings or checking account) beat anything else I’ve seen.

By: jackie b

jackie b — Thu, 01 May 2008 00:46:04 +0000

Go zecco,i think zecco is the best so far , cos of free trade and very good customer serivices!

By: Vernon Keszler

Vernon Keszler — Tue, 29 Apr 2008 12:07:35 +0000

Sorry I missed the survey. I use Think or Swim and love it. Great charting tools and low fees (especially on options).

By: thehungrydollar.com

thehungrydollar.com — Mon, 28 Apr 2008 23:49:48 +0000

I’m a huge fan of ING, so naturally I’m drawn to ShareBuilder. In my book there’s a lot to be said about customer service…

By: Tony Leach

Tony Leach — Mon, 28 Apr 2008 21:52:08 +0000

Woohoo – go Zecco! Thanks everyone for helping us come out on top.

-Tony (Zecco Product Manager)

By: optionstrader

optionstrader — Mon, 28 Apr 2008 19:40:28 +0000

You should try out TradeKing!

By: ChristianPF

ChristianPF — Mon, 28 Apr 2008 17:21:22 +0000

I have been with sharebuilder for a while and was very excited to see that ING bought them, but I will be opening a zecco account soon. You just can’t beat free trades and their layout doesn’t look bad either…