I have tried to register http://www.freetradez.com and they ask for username and password, assuming I have already registered. How do I register?
honus
honus
Originally posted by wirelessbull
It appears that FreeTradez (i.e. Investor's Advocate, LLC) was suspended by NASD for failure to supply financial information. The concept was certainly appealing (i.e. zero commission direct access trading etc.) but it wasn't to be.
With the demise of FreeTradez, Interactive Brokers is the undisputed best direct access broker out there from a commission standpoint and no ECN fees. Plus they have an army of programmers to work through any software issues. My wife just opened up an account with IB - I'm next.
http://www.nasdr.com/pdf-text/0105dis.pdf
"Firms Suspended For Failure To Supply Financial Information
The following firms were suspended from membership in the NASD for failure to comply with formal written requests to submit financial information to the NASD.
The actions were based on the provisions of NASD Rule 8210 and Article VII, Section 2 of the NASD By-Laws. The date the suspension commenced is listed after the entry. If the firm has complied with the requests for information, the listing also includes the date the suspension concluded."
Among the companies listed is:
Investor's Advocate, LLC
Grand Blanc, Michigan
(April 12, 2001)