Search results

Not necessarily a certain cause for audit for everybody provided that the tax filers have furnished IRS with good explanations for the discrepancies. Especially if your tax return is relatively complex, you might want to talk to your CPA.

Apart from IB, a few other brokerage firms were mentioned in that detailed complaint: "Almost immediately after his Grand Logistic purchases, Gashichev, using electronically stolen usernames and passwords, then intruded into one or more innocent third party accounts at E*Trade Securities LLC...

SteveD, During regular market hours, what type of stop order(s) can have a fill in equities provided there was enough liquidity with people willing to take that side of the order e.g., i) Simulated stop order, ii) The stop order that have already been sent to the market? The instance of...

With the following brokers, you can make kind of simulated stop (or stop-limit) orders with activation by "last" even for Nazdaq stocks: i) Ameritrade or AmeritradeIzone: with Trade Triggers. ii) Just2trade: with Logical Orders. iii) Interactive Brokers: by modifying the stop triggering...

Even if Zecco sends orders to market makers, are they not supposed to honor NBBO i.e., best bid/offer?

IronFist, You may want to go to a broker that will calculate wash sale for you. Otherwise, you can write a program, or search ET.

Overall inexpensive brokers that will let you make such conditional orders are just2trade, IB and AmeritradeIzone etc. Just2trade calls it Logical Order. You should be able to set it up with Trade Trigger in AmeritradeIzone. In IB (and some other brokers), it is called bracket order or OCA...

TraderKGB, Did you finally get the fill from Scottrade? I did not have very good experience with Scottrade either. However, there are worse brokerage firm(s) than Scottrade.

IB is still one of the better brokers that offer per-share pricing. Ameritrade is one of the better brokers that offer per-trade pricing. If you are looking for less fees, then also look into just2trade, SogoElite, Zecco, AmeritradeIzone, etc. Scottrade, Sogo, Zecco have no real conditoinal...

Only one month old trouble ticket and you are making a big deal out of it :). Just think of the positive side. Patience is a virtue--often needed for trading. IB is just teaching it as a bonus.

I also did a lot of wire-in/out to IB. Sometimes, they indeed took more time than other brokers' wire transfers. IB's ACH time-frame is slightly slower than the competition--but still a good option. According to the IB CSR, recently IB has upgraded the security measure that tries to...

traderich, what did IB CSR say about that incident?

giles117, if possible at all, with your different brokerage firms' accounts, could you try placing stop (market) orders for the same number of shares (<=1000 shares) of the same stock using the same (e.g., "last") activation option and using different type of stocks (low volume, high volume...

Which department's IB CSRs do you think need the most improvements?

The answers to the questions were direct--but it may not be what we were looking for. Some brokerage companies (e.g., TradeKing, Scottrade, etc.) like to give false hopes with a lot of soft marketing--but fail to deliver their promises on time.

giles117, Did Sogo allow you to do pre-market trading at around 7AM EST?

Looks like that the data fee has increased. The web-site now says, "$10 Real Time Date fee."

[/b]giles117, Do you mean they allow pre market trading at 7AM EST? If you basically just lose one full trading day by doing ACH-out from Sogo, wouldn't it be faster had you done ACH-out from Sogo and then ACH-in to IB rather than doing ACAT? (You lose 0 trading day doing ACH-in/out at...

giles117, this comment is just about 2 weeks old--written in the last month. It seems like Sogo still has issues if someone needs to close the account and take all the money out. :confused: "I HAVE BEEN TRYING TO WITHDRAWL MY FUNDS SINCE 02-03-07. TODAY IS 2-20-07. NUMEROUS CALLS AND...

giles117, It does not seem like Sogo's features actually got implemented by Thursday (today). I came across a few comments about Sogo posted below. Did you experience anything like that? "Sogoinvest has a lot of bugs. Imagine waking up and seeing a negative balance and unauthorized...