Quote from astocktr8r:
I use to have my IRA accounts at Schwab, transferred them to Cybertrader because of their pattern daytrading restrictions that they slapped on all my accounts. Transferred to their Cybertrader division. After 5 months they just slapped a trading restriction on my IRA accounts at Cybertrader because they lost the paperwork. I understand that paperwork can get lost but if they had simply sent me additional paperwork to fill out new paperwork or even sent me an e-mail asking me to fill in new paperwork in advance of them slapping on the trading restriction I would have completed the paperwork and sent it back to them. I have decided to transfer my IRA accounts to another broker because of the way this company does business. They won't lift the restriction in order for me to place a trade until they get new paperwork back. Lousy back office and customer service IMHO.
Cybertrader is the WORST (imho); having been there...... and the guys who work there with a couple of exceptions are prima donnas who care less about you !! Terrible service and a real greedy bunch!
Don't go there!
IcE
