Why is there no discussion of Schwab or Fidelity

risktaker · Jan 1, 2006

No posts on Schwab or Fido? 'Cause they're a couple of ripoff brokers that suck. Waaaay too expensive.

adityanm · Jan 1, 2006

I realize that most of you have been trading full time for long and I am just a novice. I have just opened my account at MBT because it does not spend any money on advertising and I did not know there was anything better than Scottrade for commissions.

Now my question is about the quality of their research since both of them have extensive rating systems and claim that you can beat the market if you follow their recommendations which are free is you just have account with them whether you trade with them or not.

Of course MSN money and Yahoo have also good screeners.

risktaker · Jan 2, 2006

Research of what? How to better rip you off?

Quote from adityanm:
Now my question is about the quality of their research since both of them have extensive rating systems and claim that you can beat the market if you follow their recommendations which are free is you just have account with them whether you trade with them or not.

ElectricSavant · Jan 2, 2006

Research you know silly....Everbody makes money that researches!

risktaker, I am having my doubts as to your trading abilities...

Quote from risktaker:

Research of what? How to better rip you off?

turniptruck · Dec 3, 2006

Quote from adityanm:

IB sucks too because they do not pay any interest on cash balance of $10000 and make it hard to withdraw cash more than once a month.
How can one be always fully in stock?

Good point. Have you found a solution to that?

zdreg · Dec 3, 2006

Quote from adityanm:

IB sucks too because they do not pay any interest on cash balance of $10000 and make it hard to withdraw cash more than once a month.
How can one be always fully in stock?

it is suprising they allow such small accounts, they don't contribute much or anything to the bottom line + take up a disproportinate amount of time for basic questions.

don't fprget that once you have more than the $10000 their rates are better than other firms.

Crowbar · Dec 3, 2006

turniptruck!!! Bwahhhh ha ha Crowbars is lafhing all over hisself.

bluud · Dec 4, 2006

Fidility
E*trade
TDameritrade
and etc.

are for Losers!

I'm not a big fan of sogo, but at least the commission is lower than all the above.