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As a long time Scottrade user I don't recommend them. The functionality is limited. Scottrade makes a big deal of having lots of office locations with real people to talk to but I've never once used them...worthless to me.
I just switched to TD Ameritrade specifically for the stand alone trading program "thinkorswim". It's a stand alone desktop trading app which is KILLER. I'll never go back to browser based trading application ever again.
TD Ameritrade is merging thinkorswim functionality into it's browser based "Trade Architect" tool....it's OK but I just loathe browser based trading, hope this doesn't portend the thinkorswim desktop app days are numbered....
Would like to find a broker that allows trading on foreign exchanges...
Trade Station was recently voted the best: http://online.barrons.com/article/SB50001424052970203523604576188781715729822.html
As a long time Scottrade user I don't recommend them. The functionality is limited. Scottrade makes a big deal of having lots of office locations with real people to talk to but I've never once used them...worthless to me.
I just switched to TD Ameritrade specifically for the stand alone trading program "thinkorswim". It's a stand alone desktop trading app which is KILLER. I'll never go back to browser based trading application ever again.
TD Ameritrade is merging thinkorswim functionality into it's browser based "Trade Architect" tool....it's OK but I just loathe browser based trading, hope this doesn't portend the thinkorswim desktop app days are numbered....
Would like to find a broker that allows trading on foreign exchanges...
Trade Station was recently voted the best: http://online.barrons.com/article/SB50001424052970203523604576188781715729822.html
how to i get out of scotttrade?
i really dont' like their system.
do i lose my gains?
Initiate a transfer of assets from the brokerage account you want to migrate to and they will send in a request to scotttrade to send them your assets. There will probably be a processing fee, ranging fromr $50 to $75. This is what I had to do to switch from Ameritrade to Fidelity.
I second Fidelity. I opened an e-trade account. Besides getting nailed with tons of e-trade marketing, they randomly locked my account one day and told me I needed to fax in my Social Security card (I am still clueless what prompted this). I said "F that" opened a fidelity account, which has been smooth and painless (I even opened a second checking account). Unfortunately, I still had to fax in the SS card just to get my money out of E-Trade - bastards.
Trying out Interactive Broker's demo now; it's clear right up front that TWS is a very powerful trading platform--a little too menu driven in a Windows 95 kind of way for my taste. The information could be presented in a better way. Those are the trade offs I guess.
Have you traded other markets? The Heng Seng or Tokyo Exchange? Is it possible to do it in USD or must convert to JPY HKD first?
...noticed the fees for trading the foreign exchanges are higher.