Pros: Trading commissions are fair; Some good research tools Cons: Lots of hidden fees; Quarterly charges if your balance falls below $2,000
Buying and selling stock used to present somewhat of a hassle for investors. To get started, you needed to establish a relationship with a knowledgeable broker- a process that could take considerable time and effort. There were very few means (besides ...
Pros: relatively low, flat-rate commissions on equity trades; electronic deposits and withdrawals; brokered CDs. Cons: bad cash options; high transaction fee for a lot of popular mutual funds; hacker attack.
"You know its a very sacred thing, the nest egg" - Albert Brooks, Lost in America Ameritrade is now TD AMERITRADE, after acquiring TD Waterhouse in 2006. I've been a TD AMERITRADE client for several years, and plan on staying with ...
Pros: Inexpensive trades. Located close to home. Cons: Ya gotta follow up on them.
Buy low, sell high. Is the market low enough yet to start putting my $8 trades to work? That is what I thought last summer, but then again, you never know.
Stars in my eyes - caveats
Like the rest of us, I began to have stars...
Pros: none anymore! Cons: They want your money ~ read update 5/17/02.
I’m new to investing in the stock market. However, I have researched a few companies and followed their growth (or lack of) for about the last two years. When I was picking an online broker, I checked many throughout Epinions and decided to apply with...
Pros: low commissions; easy to use; decent customer service Cons: difficult to see total worth at a glance
I had a regular broker who was an absolute disaster. You may have had a similar experience. My broker was so bad that I started using what I called the "reverse-broker rule." Anything he recommended buying, I'd wait on (like when he recommended ...
Pros: Fast, convenient, customer service people are willing to help you Cons: Like everything else, playing the market is a risk.
I just did something that I never thought I would do. My husband has been after me to buy stocks for months now. After careful research and reading many editorials by our own, on financial institutions, I decided to invest in Ameritrade.
Pros: Low commission, Low commission, Low commission Cons: No free streaming real quote, no phone contact,
Disclaimer - This review is about freetrade.com. The freetrade operates through Ameritrade. For More comprehensive reviews about Ameritrade go to the reviews posted by other members on Ameritrade. Pros - Extremely Inexpensive brokerage, prompt email ...
The stock market...the biggest numbers game there is. This is an on line site where you can open a cash account and begin trading with the click of a mouse. This company follows you step by step to the end of the transaction over a secure system.
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I had been toying with the idea of opening an on-line account, when Ameritrade's Christmastime offer came up. Open an account for as little as $500 with free trades through the end of the year. Their regular minimum balance was $2,000, so I thought I...
Pros: cheap, serves needs, quick enough, great options rates Cons: pointless if you don't know anything about the stock market
When I finally decided to leave my broker and invest on my own (smartest decision I have ever made), I went to Ameritrade. Unlike millionaire "corporate-world" people, I am a mere college student. Thus, I wanted something that would give me all the...
Pros: Easy to contact customer service. Cons: High overall cost to the customer.
It's all about cost vs. benefit. Cost is monetary cost and benefit is how the service helps you to achieve your goals. I've had people disagree, but I strongly feel that returns should be the number one goal in having an brokerage account. ...
Pros: cheap trades, good for people who know what their doing Cons: trade execution is slow, web site is poor,
Note: This review is based on Ameritrade's old site (not the current one).
Ameritrade offers 8 dollar trades for most of their basic transactions. (Buy/Sell).
Other transactions like limit orders, and margin calls, etc. are around 13-18...
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