Pros: quick trades, small commission, many features Cons: glues you to your seat
Bloodhounds? Actually, I'm talking about tracking. Stock tracking!
Last year, my husband and I decided to sign up for Datek Online. At the time, we chose NOT to sign up for "day trading" but only for the use of their "streamer" option. We...
Pros: can get NASDAQ bb stocks, fast website, great customer service Cons: getting your password set is a BIG PAIN
Note 1/31/02
I closed my Datek account last year since they imposed a mandatory minimum $15/month charge on accounts less than $5000 in addition to their normal tradining fees.
Pros: Simple interface, decent execution Cons: Little hand-holding if you need it
Datek has been excellent for me. I checked out all the major online brokers before deciding; I also have an E*Trade account because my company uses their OptionsLink interface for stock options, so though I have never done any trading with it I was able...
Pros: Low Commissions, Fast Service, Easy to Setup and Access, Lots of Features Cons: Customer Service mostly Database Driven, Could Expand Depth/Breadth of Offerings
As one of the myriad of online brokers, Datek does indeed stand out from the crowd. A low $9.99 per order commission, a host of free and useful services, and a simple interface combine to create a truly great online trading experience. However, befor ...
On paper, Datek Online simply the best online brokerage for the average stock trader. I signed up because I was lured by it's technology and promise that trades would be executed within 60 seconds. Since then, I have had several unpleasant experiences...
I feel Datek Online is one of the better online brokerages. It has cheap trades at $9.99, average research, instant account updates, and fast transaction speed. I've been using Datek for about 2 years and don't have many complaints with the service. I...
Pros: Cheap and Fast Cons: have to be a semi-experienced investor
Datek is a great online broker. I’ve been using them for about a month now. I did a lot of research before choosing a broker. Since I didn’t have much money to invest I needed low commissions (Datek is 9.99 for market and limit). I looked at almost every...
Pros: Low commission, quick execution, and it improves its service gradully. Cons: Takes a long time to deposit, not as informative as other brokers do.
Just like cars, so are online brokers, what is best for one might not be the same to another. Hence, before choosing the online broker, you must think about what you really need. For me, I don't have huge amount of idle money to put into stock...
Pros: Quick, clean, reliable, inexpensive trades Cons: occasionally system is overwhelmed and incorrect information comes up. They have a warning on the main site when that occurs.
I have been using Datek for a couple of years now, having tried both Etrade and Suretrade previously. The primary reason for being attracted to Datek is that trades on it generally occur "untouched by human hands". Why would that matter?...
I've had a Datek account for a few years now -- was initially attracted to it by the fact that it had the lowest per-trade rates. A while back, I got lured into switching to E*Trade (it was those frequent-flyer miles, that's what did it) -- within a...
Pros: some improvements Cons: still far short of what you should expect
Introduction
I wrote an earlier review of this privately-owned, online trading company and it wasn't all that complementary. What's happened since then?
Well, not much except more bad experiences, some response improvement and...
Pros: Quick & Inexpensive Transactions, Easy To Navigate & Locate Information Cons: Bland Website Format
What drew me to Datek Online? Inexpensive $9.99 trades up to 5,000 shares! What keeps me at Datek Online? The overall quality, ease, and speed of the service I receive.
As a novice stock investor, Datek Online seemed a little intimidating...
Pros: Representation via Island ECN; Unique features; Real-time available funds updates Cons: Service sometimes slow/unavailable during a busy market; no options trading
I have to admit that I originally signed up for Datek because it was the cheapest of the major online brokers. But I've stayed with it for the past two years because of the functionality it offers. Despite being exposed to several other online...
Pros: Fast executions, Island ECN Cons: Past legal improprieties of firm
Using Datek in conjunction with the Java version of the Island ECN is the most powerful way to trade. You can access the Java version at www.islandecn.com. The Island book on the Datek site only gives you the HTML version, which you have to manually...
Not too many years ago I began my fateful
dive into investing. Online trading was available
at the time, however, I didn't truly trust my
personal financial information to be posted on the
internet. (I still won't give out my...
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