posted
they sent me this email today... for those not sure what brokerage to choose or want to switch from their current brokerage:
ChoiceTrade has released ChoiceTrader Direct Pro, a state of the art, feature-rich Direct Access Trading program for active traders. Direct Pro offers equities and options trading and the following features:
Real-time Level 2 Direct Access order routing Trailing and range stops Place stops and targets at once Real-time intraday charting and analytics Basket trading Alerts After hours trading ...and more! Along with these great features, you also get the choice of per trade or per share pricing.
-------------------- Let the world change you... And you can change the world.
posted
no, theres no account minumum to join. I wonder if there is a minimum for this new feature, I havent looked into it yet, I suppose I would have gotten an email also.
-------------------- I'd just like to retire at 26.
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posted
that's awesome! I closed my account 5 months ago because I wanted all my money on one account, but after what TDA did with CSHD (missed out on a lot of money), and the PAVC 100shares geek play, and PAIM, and just the fact that they decide which stocks I can or can't buy, I no longer want them. When you choose the direct pro product, and you choose the $0.005 per share payment plan, is there a minimum cost per trade? Like if you decide to daytrade GOOG all day long with 100 shares each time, that would only cost $0.5 per trade so that's VERY cheap, anyway just an idea I had. Does anyone use this payment plan?
posted
Yes Choicetrade isn't licensed in some states but as far as I know they are working on that... they are expanding and just a matter of time... You can email or call their customer service people about questions... they are very friendly and helpful...
-------------------- Let the world change you... And you can change the world.
posted
I am with Choicetrade but I don't like the way I have been jack'd around by SBSH their main MM for the penny stocks. I was going to take my money and go back to Scottrade but then a rep at Choicetrade recommended that I try ChoiceTrader Direct Pro ($25 a month), so I put in for the upgrade at the EOD on Friday. (I did not go for the extra $30 for L2's because I already have that with Microcap's platform) I should be able to start using Direct Pro on Monday or Tuesday, I will let you all know how it is after I use it.
quote:Originally posted by Machiavelli: hmmm something i didn't know but then again I never had any problems with them... try the direct and see what happens...
posted
meh, the direct pro demo doesn't work... every time I sign in after a few seconds it says "someone has logged on with your ID, you have been logged-off"
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quote:Originally posted by mo-rydr: I am with Choicetrade but I don't like the way I have been jack'd around by SBSH their main MM for the penny stocks. I was going to take my money and go back to Scottrade but then a rep at Choicetrade recommended that I try ChoiceTrader Direct Pro ($25 a month), so I put in for the upgrade at the EOD on Friday. (I did not go for the extra $30 for L2's because I already have that with Microcap's platform) I should be able to start using Direct Pro on Monday or Tuesday, I will let you all know how it is after I use it.
GLTA
The verdictis in... IF YOU ARE USING CHOICETRADE, 'ChoiceTrader Direct Pro' IS A MUST HAVE TO GET THE PERFORMANCE YOU WANT. Well worth the $25 per month.
It takes awhile to get used to it and you have to be carefull to choose your MM because the default is set at "Market" trade.
posted
mo-rydr: so are you recommending Choicetrade Direct Pro, but not the basic Choicetrade?
I ask because I set up a Choicetrade account after becoming disillusioned with Ameritrade. But so far I'm unhappy with Choicetrade as well. It took them 3 days to execute my initial funding electronic deposit, so that the 5 day hold was really an 8 day hold. Now they're telling me that if I hold a stock less than three days, then I must wait three days after selling to reuse that money. And they're telling me that's an SEC rule. Since Ameritrade only makes me wait 3 days from the initial purchase regardless of when I sell, I dispute their claim that this is a rule.
In short, right now I am very unhappy with Choicetrade and will try another broker, but if you say that your recommendation of Direct Pro is NOT an endorsement of the basic service, I may give it a try despite all this.
-------------------- Me Trade Pretty One Day.
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posted
I absolutely LOVE Choicetrade!!! I have NEVER had problems and have always had my shares right away. This includes splits, round-ups, name changes, and NEVER any retrictions on buying or selling. These folks are a TRUE brokerage to my standards. I gladly pay $5 per trade, no matter how big the share size or price.
They made over 3,000 percent with the PAVC geek play when no one else was able to sell. In fact I'm still waiting on my 99 shares to be available to sell through Fidelity...
Choicetrade over Fidelity, Scottrade or Sharebuilder ANYDAY!!!
-------------------- I buy fast and sell faster!
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quote:Originally posted by Machiavelli: they sent me this email today... for those not sure what brokerage to choose or want to switch from their current brokerage:
ChoiceTrade has released ChoiceTrader Direct Pro, a state of the art, feature-rich Direct Access Trading program for active traders. Direct Pro offers equities and options trading and the following features:
Real-time Level 2 Direct Access order routing Trailing and range stops Place stops and targets at once Real-time intraday charting and analytics Basket trading Alerts After hours trading ...and more! Along with these great features, you also get the choice of per trade or per share pricing.
For Direct Pro...is it a flat fee of $5 per trade for unlimited shares?
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