Author Topic: Which stock broker do you use?  (Read 9237 times)

hyten1

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Re: Which stock broker do you use?
« Reply #20 on: July 20, 2013, 10:51:11 AM »

i am also in the process of switching from td ameritrade to fidelity

td is somewhat limiting and being the cheapsake that i am fidelity's commission are just a tad cheaper
hy


matjone

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Re: Which stock broker do you use?
« Reply #21 on: July 20, 2013, 12:41:24 PM »
I don't have a taxable account with them, and from the sounds of it I don't want one.  I'll probably end up transferring this one to IB.

Are you just wanting to invest in the U.S.?  Did you ever look into tradeking?  They are good for u.s. equities, 5 dollars a trade for most of them, 10 bucks if they are below a certain amount, can't remember the amount, no monthly or quarterly fees.  I've never invested in options so I couldn't tell you what they charge for that.  But they don't have access to foreign markets.  For that it seems like the choice is between IB and fidelity.  IB has lower commissions, but fidelity has lower fixed fees and access to more markets

Good luck with tax forms and getting them in a timely manner.  One yer they left my ass high and dry in Sept with a letter saying they would no longer be fixing any tax forms due to high demand and gave out a nice letter for the IRS in case it causes a problem.  Also, I was audited b/c of their record keeping on the backed to the IRS.  The $5 trades are not woth it with all the crap I had to go through.
When stocks are high, money rates rising, and business prosperous, at least half a given fund should be placed in short-term bonds. - Philip Carret