Only real reason is that they came new to scene back in early 90s and were cheaper than Schwab (which I used when I got heavy in to gambling on stocks).
Just too lazy to switch around and transfer money and crap for the same thing with Ameritrade, or someone else.
8 buck commissions on up to 5000 shares. They know me. I know them. They don't fcku me over with stuff.
I use e-trade.
Only real reason is that they came new to scene back in early 90s and were cheaper than Schwab (which I used when I got heavy in to gambling on stocks).
Just too lazy to switch around and transfer money and crap for the same thing with Ameritrade, or someone else.
8 buck commissions on up to 5000 shares. They know me. I know them. They don't fcku me over with stuff.
I'm on Scottrade myself. $7 trades with an extra $1.25 on options contracts. I don't know about the other online brokerages, but i like that Scottrade provides access to the S&P, and Reuters reports. It is also very easy to navigate the site and the trades execute rather quickly, and at the levels you desire providing you use limit orders as opposed to market orders. The customer service is also great if you need to call with any questions. Actually applied for a brokers position through them for a new office that is opening...hoping to hear something soon since I graduate in 3 months
I'm on Scottrade myself. $7 trades with an extra $1.25 on options contracts. I don't know about the other online brokerages, but i like that Scottrade provides access to the S&P, and Reuters reports. It is also very easy to navigate the site and the trades execute rather quickly, and at the levels you desire providing you use limit orders as opposed to market orders. The customer service is also great if you need to call with any questions. Actually applied for a brokers position through them for a new office that is opening...hoping to hear something soon since I graduate in 3 months
I have E-Trade (1 year) and Scottrade (10 years)...with the bulk of the money in Scottrade. I HATE E-Trade. They can't get something simple like stop sending me paper mail confirmations after asking literally 5 times. Stuff like that pisses me off. I might try TD Ameritrade. The E-Trade is being closed.
I have E-Trade (1 year) and Scottrade (10 years)...with the bulk of the money in Scottrade. I HATE E-Trade. They can't get something simple like stop sending me paper mail confirmations after asking literally 5 times. Stuff like that pisses me off. I might try TD Ameritrade. The E-Trade is being closed.