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by jeffsl , Dec 07 '00
Pros: low initial opening balance Cons: slow trade execution
While Ameritrade does offer decent service, there are better options out there. The only reason I initially chose Ameritrade was because it had a low initial investment to open an account. The trade execution is decent but sometimes slow and the user...
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by fbi2005 , Dec 06 '00
Pros: Ease of setup, many incentives Cons: No streaming or Level II quotes
Impressive is an accurate description of an affordable online broker such as Ameritrade which offers so much for so little. I tried the Investor's Cup Challenge which gave me the chance to use a variety of website features "on paper" before...
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by djj , Dec 05 '00
Pros: All the financial tools you need Cons: none
I've had an Ameritrade account for 2 years. The reason we switched from a traditional broker to an online account was to have more control over our decisions of stock purchases, and to also have the ease of trading quickly if something came up. ...
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by alrey4la , Dec 03 '00
Pros: none Cons: total lack of disclosure of margin calls
Do you have a margin account with Ameritrade?
If so, you probably noticed that it is impossible to know which of your holdings are marginable, of the one that are marginable, what is the margin percentage. Worse, while your daily balance provides...
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by telesnikov , Nov 22 '00
Pros: Super for up to 100 trades a year Cons: if 100+ trades a year get windows based trading services
I've used Ameritrade for 2 years now- fine web based brokerage firm. Spend $5 extra to place LIMIT order- it'll get you best available price without any hustle and worries about execution of your order. Submit your limit order $1 above (for long) or...
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by nekochan , Nov 19 '00
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...
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by electronixman , Nov 10 '00
Pros: Cheap, Effective Cons: Not for amateurs who can't lose 500 $
When it came time to start thinking about putting my money to work, I figured I'd get in on it early (I'm 21) My dad's an accountant and my mom works at Wells Fargo, so I was sort of pushed into it. At first it seemed like it would be a difficult...
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by eyeore , Nov 09 '00
Pros: easy Cons: should lower initial investment
We selected this company because was highly advertised and we were fairly new to the stock market. At first it was sort of a bumpy road but after about 30 minutes easy going. Our experience with Ameritrade has been wonderful. They have made our...
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by Dan_Sweetland , Nov 02 '00
Pros: Low cost, readable site with charts and research; helpful 800 number staff Cons: No level 2 quotes, no streamer, but free real-time quotes by the truckoad if you are regularly trading
Once there was a young investor who got an Ameritrade account. A few years ago, it would have been impossible for someone in my position to buy and sell securities, muchless with only a few thousand dollars at my disposal. But Ameritrade and other...
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by few4th , Nov 01 '00
Pros: fast execution, cheap commissions Cons: None yet
Ameritrade has been really good for me. I chose Ameritrade because of their low commissions and because my friends have had good experiences with them. I have only made about ten trades so far online but each one has been processed almost instantly. I...
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by Bill101036 , Oct 25 '00
Pros: Inexpensive and fast, very good web site Cons: Multiple accounts may be a problem
Several years ago, after reading about stock market trading, we decided to open an on-line brokerage account. We chose Ameritrade after researching four other companies that provided about the same service. Ameritrade had the best price for trades, given...
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by DebWaterman , Oct 24 '00
Pros: Easy to use and understand. Cons: none
I decided to take the plunge as a single mom, and wanted to try some on-line trading. I have to admit that I didn't know a lot about it, but, being able to access Ameritrade and the ease of use of their system and the fact that the e-mail you the...
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by markandpatty , Oct 13 '00
Pros: Fast, Easy, Good service Cons: Need better real time quote access
Ameritrade is and has been as advertised. As I am currently investing long in my positions, meaning all my investments are buy the stock and wait for it to go up. I have found ameritrade has been very fast in executing my transactions. There fees for...
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by tommydcom , Oct 10 '00
Pros: customer service. Cons: Options trading.
Opened an account last January. I have been very pleased with Ameritrade especially with the customer service. I also joined Etrade and am also a customer of Charles Shcwab. The customer service of Ameritrade greatly surpases that of any other...
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by gcs123 , Oct 08 '00
Pros: Cheap Trades Cons: Low quality web site
Ameritrade has been running a special with a $500 initial investment and free trades for the first month. This is a very good deal for the new investor with a small cash investment. It can give the small investor a place to trade cheaply and...
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