Quote from ddunbar:
Kiwi's a rotten sod, but you have to love him!
Kiwi is an IB loyalist.
Sometimes people have double standards. On one hand, he keeps complaining the data quality problems and IB adding charting features that bloat TWS. On the other, he doesn't like to hear others pointing out problems about IB.
He asks other complaintants to go away, but he doesn't ask himself to go away.
Think about it. If any suggestion or complaint, no matter how valid/reasonable/mild it is, may get rejected with a very rude statement like "
Go away if you don't like our services and attitude. Bye!"
Fortunately IB doesn't treat him in the same way like how he treats others regardng the data quality issue.
It is strange to see why some people will react so fiercely to every criticism. A constructive criticism is not necessarily a bad thing.
After all, don't take it too negatively or offensive. It is never intended.
(I skipped over IB for years. They were too new and too radical. Low fees. 100% online trading. etc. Preposterous. However, when I lost my backup broker...[drum roll] REFCO, which was Lind Waldock before Reffie bought them, I had no choice but to look for another back up. I'm seriously considering making IB my primary.)
I see them as advantages.
One thing it attracts me is 100% online. All of the things can be done via online. Fastastic! Its recent implementation of the poll page impresses me too.
Random thought: You know, customer service costs money. The more customer service, the more money that needs to be spent. The economics of really putting in the old colleg try when serving the $5000 and under account, most of whom blow out in under a year, just doesn't make sense. For Scwab, E-trade or Fidelity, who primarily deal with the $5000 crowd, of course it makes sense to sweet talk your custmers to death. (recall the $1000 call-girl.)
Is it very costly to train the customer service to be courteous to their customers?
Just a thought. If the cost of improving the overall attitude of IB staff < the benefits of getting more satisified or new customers, this training cost is well-spent then.
For Trade Station securities, well, WTF really? I don't know. They're just bad all around. Cruz & co, really screwed the pooch when they took their software proprietary and turned it into a brokerage outfit. All the while abondoning the stand alone aspect of their software. That was stupid. Stupid. I would have at least made tradestation an API platform where you could buy it outright or via subscription. And would have had multiple levels to which you could subscribe or buy. Tradestation was the shite back in the day.
However I hear many people like the product of Tradestation, and I think you could subscribe to Tradestation (and pay the monthly fee).
I hope they could improve their brokerage services though.