Brokerage suggestions: Guys can you please

    Posted by arun on 12th of Jun 2020 at 08:00 am

    Brokerage suggestions:

    Guys can you please give some good brokerage recommendations. I had enough with AMERITRADE.
    I had 7 figure gains in this run and I do a lot of momentum trades. I always try to pull my gains out. This POS TD doesn’t let me wire money out. I was on the phone total 12 hours in last three days. They gave so many excuses and also wrong information about wiring out money. The maximum limit is 250k for ACH out.

    On top of all this their order execution is so f*** ed up.

    Any recommendations would be appreciated. 

    I moved to E*Trade from

    Posted by elementsix on 12th of Jun 2020 at 09:00 am

    I moved to E*Trade from TD, which was driving me nuts as well. Couldn't stand the interface. E*Trade also gives you access to think or swim and everything seem very intuitive. Happiest I've been in years.

    Yep, Etrade thumbs up

    Posted by brophy on 12th of Jun 2020 at 09:37 am

    Yep, Etrade thumbs up

    TDA has been terrible since

    Posted by z0ned on 12th of Jun 2020 at 08:20 am

    TDA has been terrible since the crash and the associated uptick in trading volume.  I logged on to see $0 balance in my accounts, waited 40 minutes for a support rep, had the platform not find the option that I am trying to get out of delaying my trade by 20min etc.    They are dealing with a lot of novice traders.   The #1 uptrending article on their support page is "What is a margin call?" :)

    Yes I saw the zero

    Posted by arun on 12th of Jun 2020 at 08:52 am

    Yes I saw the zero balance tons of times. Only thing is that TOS streamer doesn’t show that. So that’s reassuring. But it’s a real f..ing pain to place trades in fast markets. 

    Thanks a lot to each

    Posted by arun on 12th of Jun 2020 at 04:38 pm

    Thanks a lot to each and everyone that gave their input. So Etrade it is.

    I believe I read that

    Posted by brophy on 12th of Jun 2020 at 08:24 am

    I believe I read that the viewing of their beginner webinars is up 30%. I think the lockdowns had a lot to do with this.

    I've dealt with Td Canada

    Posted by rollerblader on 12th of Jun 2020 at 08:13 am

    I've dealt with Td Canada Trust here in Canada and I'd say as far as service and platform zero complaints.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!