Ameritrade

Pros: their promise
Cons: horrible customer service

I would like to talk about my experience trading on Ameritrade but I can't because they haven't allowed me access to my money yet.

Update

I've attempted to close the account now for a week, but they won't send me my money...

Pros: cost
Cons: access and no broker advice

If your looking to buy into a company and hold for several years Ameritrade could be right for you. The prices are much lower than most discount brokers.

For example Etrade charges $19.95 for a limit order
...

Pros: for Novice's only
Cons: Too much broker intervention, No savings, no OTC. No IPO's This list goes on.

I just opened an Ameritrade account. I talked to them at length. I asked questions and thought I had found the right company to trade with. Wrong!!!! You can not buy blocks of stocks less than 100 without a broker. You can not get OTC Quotes without...

Pros: Cheap, Better web page, faster trades
Cons: Phone personnel aren't that friendly

Ameritrade has just redesigned their web site and made it much more user friendly. The commissions have always been lower than most of the other companies, with the exception of brown and company, but their site used to slag a bit. They re-designed it...

Pros: Flexibility of access and trades stocks, options and mutual funds
Cons: Fills on orders not the best, positions take a day to update

Ameritrade provides a good overall service. I opened my first account with them back in 1996. I now have 4 accounts with them, 1 for option trading and 3 IRA type accounts. The interface is easy to use and the commissions are about average. Customer...

Pros: Inexpensive cost
Cons: Can not put stop losses in

I feel that Ameritrade is a great site to learn about all types of investments. You can also trade at very low commission prices. If you were at a full line brokerage it would cost you 3 to 4 times as much. I rate this site a 4 star. The only short fall...

Pros: Cheaper rate per transaction
Cons: Very slow

I have had an Ameritrade account for about a month. I got in on a deal with only $500 to open (usually $1000) and I get a month worth of free trades.

The problems with Ameritrade:

Server is slow very often. Down sometimes as...

Pros: Low Price
Cons: Bad web site

Thier web site has chaged a lot since I've been with them. I am an advanced computer geek so I know what to do. But for the beginer it may be difficult to navigate the Ameritrade web site. The is a bit of type involved and to sell a stock one must be...

Pros: low comission
Cons: no customer service 24/7

I have been trading stocks for about 5 years now and as far as I remember a few years back when commissions are like $30.00 per trade I was so happy but now that Ameritrade is around they are one of the lowest commission brokerage in the industry, but...

Pros: Low Commission, Reliable execution (so far)
Cons: Relatively low return for cash. Limited research services.

I've been using Ameritrade for a couple of years now.
I'm not a frequent trader. I'm buy and hold mostly.
I believe that markets are so efficient that amateur
researching doesn't really matter or that the markets
are so crazy that...

Pros: low commission, pared-down site
Cons: none (yet?)

I've used Ameritrade for about three years and have been generally pleased. I've never been unable to execute a trade when I wanted to, nor have I been particularly disappointed in any fill price I've gotten. When I was shopping for an online brokerage,...

Pros: Very affordable, great customer service
Cons: none that I can think of

I've used Ameritrade.com now for about 8 months. I switch from mydiscountbroker.com. Ameritrade provides better customer service at a lower price per trade ($8 versus $12). I have experience very little trouble getting on the site with Ameritrade,...

Pros: cheap
Cons: slow, complicated

I started using Ameritrade after seeing the tv promotion for cheap trades and a lowered minimum balance.I have been toying with buying some stock, and decided that a cheap method was best. I am not a day trader or a stock broker, so I wanted something to...

Pros: Nice interface, cheap trades
Cons: False advertising, lousy customer service

I was so excited when I signed up for Ameritrade. The thought of $8 trades sounded great. I was also impressed that you could fund your account electronically by entering your checking account#. But it was all downhill from there.

I had...

Pros: Every feature you would expect from an online broker
Cons: No real-time ticker (I hate hitting refresh)

Eight dollar market orders. Thirteen dollar limit orders. Only twenty three dollars if you insist on calling on the phone and speaking directly to a broker to put in your limit order. And of course, real time quotes once you log in. Good prices, and...