You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Just2Trade
- Thread starter Brucelee
- Start date
Quote from marakima:
I've had a just2trade account for about 4 months, and while I am pleased with the speed of the interface and what seem like good executions (although of course I am not able to do a reliable test to verify this), my gripes are with: 1) the balances page -- account balances don't always update correctly, even after waiting overnight. I intend to email them about this on Monday. 2) The clearing firm -- North American Clearing -- you have to log into their site for confirms, and their site is also supposed to show balances and positions, but is not doing so correctly, at least for me at this time. 3) There is no ACH transfer yet. 4) No electronic syatements (yet).
I still have about half of my assets in Ameritrade Izone, which has truly lousy margin and cash/money market rates, but the best interface I've ever experienced. Incidentally, prior to beginning the shift to just2trade, I had requested a lower margin rate from Izone, which they agreed to, but they said they would notify me when the "process" of changing my rate would be completed, and after 2 months and multiple emails, the process never finished, so I closed out the margined positions and began moving funds out. The requested and supposedly approved margin rate at Izone was to be about the same as just2trade's. They wouldn't budge money market interest, though.
What is your requested margin rate with Ameritrade? They matched just2trade? The lowest rate from Ameritrade I heard is 7% and commission $5.
qll, if you ask QT (QuoteTracker) support, you will get more reliable answer on QT integration. Unlike Scottrade who charges extra for stocks valued <$1 and TradeKing who charges extra for stocks valued <2, Lowtrades do not charge extra. I did not see those type fine print extra commissions charge schedule for just2trade either.
This is what they offered me, although as I mentioned previously, the processing never went through. I had asked for broker call:
$0.00 $9,999.99 Prime + 0.50%
$10,000.00 $24,999.99 Prime + 0.25%
$25,000.00 $49,999.99 Prime + 0.00
$50,000.00 $99,999.99 Prime - 1.00%
$100,000.00 $249,999.99 Prime - 1.25%
$250,000.00 $999,999.99 Prime - 1.50%
$1,000,000.00 Above Prime - 2.25%
$0.00 $9,999.99 Prime + 0.50%
$10,000.00 $24,999.99 Prime + 0.25%
$25,000.00 $49,999.99 Prime + 0.00
$50,000.00 $99,999.99 Prime - 1.00%
$100,000.00 $249,999.99 Prime - 1.25%
$250,000.00 $999,999.99 Prime - 1.50%
$1,000,000.00 Above Prime - 2.25%
Quote from marakima:
This is what they offered me, although as I mentioned previously, the processing never went through. I had asked for broker call:
$0.00 $9,999.99 Prime + 0.50%
$10,000.00 $24,999.99 Prime + 0.25%
$25,000.00 $49,999.99 Prime + 0.00
$50,000.00 $99,999.99 Prime - 1.00%
$100,000.00 $249,999.99 Prime - 1.25%
$250,000.00 $999,999.99 Prime - 1.50%
$1,000,000.00 Above Prime - 2.25%
what is PRIME? prime/benchmark is different for each broker.
i feel zecco is a better choice than just2trade now.
Quote from qll:
can they be used with Quotetracker?
i see their sister broker lowtrades are on quotetracker's list. i think the parsing should be the same for both just2trade and lowtrades
do they charge extra for stocks priced lower than $1?
Yes you can trade through QT, you will have to ask Just2Trade for three files which you have to place in the QT file directory.
I do not see where you can place a stop loss at the same time you place a trade though.