Feedburner Receive our consumer tips & recalls newsletter by e-mail
[X]
Feedburner count
1
Helpful
Votes

E-trade Informative - Be Careful - Online Brokers

Online Brokers
Review by lou gupta on 2011-02-02
Back Office personnel and Software designers of ONLINE Discount Brokers are inexperienced. Their lack of experience and knowledge in financial sector can be detrimental to your portfolio. Please be careful of discount brokers. Real time quotations may be inflated or deflated by few pennies. Your order may be forwarded to an exchange who may be paying the brokers commission on forwarding orders.

Broker may have high mark up on interest on margin. There may be hidden fees. Etc. Its better to protect your wealth rather than be a victim.
Comments:
Posted by trmn8r on 2011-02-02:
I don't find this informative. It appears to be about E-Trade, but it contains many generalizations and accusations listed without ssupporting evidence.

I have used TD Ameritrade for several years and I am very pleased with the knowledge of the CSR's I have dealt with, as well as the website.
Posted by throwback on 2011-02-03:
You seem to post a lot of attacts on Etrade. I use them and have had zero issues. As a casual trader they are great. No broker to deal with trying to sell you this or that. No broker churnning sales to bolster their commissions. No broker giving you bad information.

Your Name:
(displayed with your comment)

Your Experience/Advice:


Note: All comments are reviewed by a moderator before being published. Please be sure to read our guidelines before commenting.
E-trade:
Overall Rating:StarHalf starEmpty starEmpty star