Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » General Investing Topics » abwatley, lowtrades, scottrade, choicetrade...

 - UBBFriend: Email this page to someone!    
Author Topic: abwatley, lowtrades, scottrade, choicetrade...
blake
Member


Member Rated:
4
Icon 1 posted      Profile for blake     Send New Private Message       Edit/Delete Post   Reply With Quote 
I currently have brokerage accounts with scottrade and lowtrade, not satisfied with either. Can someone help me decide among the following - and thinking about switching to choicetrading or abwatley:

I would like to compare/disccuss the following discount brokers in regards, to pricing, execution, trading platforms, cutomer service:

ab watley
http://www.abwatley.com/index.php?NAV=Home
pricing: 6.95
execution: ?
trading platforms: Level II, ultimate trader
customer service: ?

scottrade.com - good customer service,
pricing: $7% 1/2
execution: ok
trading platforms: no level 2

choicetrade.com - $ 5.00 -
exceution?
customer service ?
trading platform?

lowtrades.com
$ 5.00
platform - no level 2, cumbersome trading platform - very limited research, unreliable, slow ticker.

thanks for input!
_____________________________________________

Posts: 213 | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
Willow
New Member


Rate Member
Icon 1 posted      Profile for Willow     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by blake:
I currently have brokerage accounts with scottrade and lowtrade, not satisfied with either. Can someone help me decide among the following - and thinking about switching to choicetrading or abwatley:

I would like to compare/disccuss the following discount brokers in regards, to pricing, execution, trading platforms, cutomer service:

ab watley
http://www.abwatley.com/index.php?NAV=Home
pricing: 6.95
execution: ?
trading platforms: Level II, ultimate trader
customer service: ?

scottrade.com - good customer service,
pricing: $7% 1/2
execution: ok
trading platforms: no level 2

choicetrade.com - $ 5.00 -
exceution?
customer service ?
trading platform?

lowtrades.com
$ 5.00
platform - no level 2, cumbersome trading platform - very limited research, unreliable, slow ticker.

thanks for input!
_____________________________________________


Posts: 3 | From: Atlanta | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
Willow
New Member


Rate Member
Icon 1 posted      Profile for Willow     Send New Private Message       Edit/Delete Post   Reply With Quote 
Hi,
Another newbie here. I am interested in hearing any comments too.

I have another question: if you choose an individual cash account and you later slip on a banana and die, who gets your account? Will your "will" be enough for your family to get your stock account or will they have trouble getting it if you don't have a joint account with survivor benefits?

Posts: 3 | From: Atlanta | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
Machiavelli
Member


Rate Member
Icon 1 posted      Profile for Machiavelli     Send New Private Message       Edit/Delete Post   Reply With Quote 
Easy answer: Choicetrade.com ... any questions you can find on their website or call their customer service people.. they are very helpful and friendly..

--------------------
Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

Posts: 4669 | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
WarpedMind
Member


Member Rated:
4
Icon 1 posted      Profile for WarpedMind     Send New Private Message       Edit/Delete Post   Reply With Quote 
Them darn bananas. They get ya everytime.

You might be able to ask your broker... maybe they'll let you appoint a beneficiary. Also, I guess you could trade under a LLC or INC if you have one. Then, technically, your "company" (and whoever owns it) owns the stock. That's my guess... but I'd be interested in the experts' thoughts on this.

--------------------
Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.

SEIZE THE WEB! - CarpeEM.com
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/14/t/001456.html

Posts: 1711 | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
johnny14511
Member


Rate Member
Icon 1 posted      Profile for johnny14511         Edit/Delete Post   Reply With Quote 
who has a better execution than scottrade?

--------------------
gotta make a grand AT LEAST daily man

Posts: 928 | From: chicago | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
Treemoney
Member


Icon 1 posted      Profile for Treemoney     Send New Private Message       Edit/Delete Post   Reply With Quote 
I have ameritrade and choicetrade. I like ameritrade a lot. It has an exellent website but you do pay for it with the higher commissions. Choicetrade is much more basic. You may need to get real time quotes with quotracker or someplace else with choicetrade. I think its only 20 a month and if you trade a lot its free. I had my ameritrade longer than choicetrade and can say that there execution has been good for me. Hard to say which is better though because I did mostly big board stocks with ameritrade which would probably have a faster execution then the pennies ive done with choictrade. Ive mostly been picking runners latley with choicetrade so sometimes by the time I type in the limit price they already go past it so I couldnt fairly compare the two since ive used two different trading styles. If you have a lot of money and the commission fees wouldnt effect your profits I personally would get ameritrade just because of how easy everything is. You can automatically wire money into your ameritrade account when you log in. If you have a bank setup all you do is type the amount and thats it.
Posts: 205 | From: ca | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
Willow
New Member


Rate Member
Icon 1 posted      Profile for Willow     Send New Private Message       Edit/Delete Post   Reply With Quote 
Mach, thanks for the advice. I called choicetrade and they said the account would go to the beneficiaries of the will. I decided to go with choicetrade.

Treemoney, did you know that Ameritrade and TD Waterhouse are joining? I also have TD.

I bought $108 dollars worth of TNOG through TD. They charged me $108 + $60 because it was more than 2500 shares. Luckily I was still on my free month so they credited it back to me. They said if I called the TD customer service they would discount the penneystock and only charge me $33. I decided to transfer the stock to choicetrade instead.

Thanks for the advice.

What is the "Instant Graemlins" next to the reply box? They don't have any bananas do they?

Posts: 3 | From: Atlanta | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
Machiavelli
Member


Rate Member
Icon 1 posted      Profile for Machiavelli     Send New Private Message       Edit/Delete Post   Reply With Quote 
YW.. [Smile] .. also in case you didn't know you can put stop/losses on penny stocks (yes all pennystocks including micro penny stocks)via choicetrade.. something I don't think other brokerages offer..

--------------------
Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

Posts: 4669 | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
upekha
Member


Icon 1 posted      Profile for upekha     Send New Private Message       Edit/Delete Post   Reply With Quote 
thanks for the input!

I am transferring all funds into ChoiceTrade. Seems to have the nicest trading platform (stop loss orders), the best/cheapest links to data providers etc.etc...

Scottrade was ok - just got tired of the higher commissions $ 7.00 + 1/2 %, no stop loss orders...etc....

Lowtrades' ticker is completely unreliable...be careful if you depend on it..

Posts: 60 | From: Grungteb | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
Berlin
Member


Member Rated:
4
Icon 1 posted      Profile for Berlin         Edit/Delete Post   Reply With Quote 
lowtrades site is down. i hope not permanently. lol
Posts: 100 | From: San Francisco | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2013 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share