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Ameritrade

kurtyordy

Bronze Contributor
Aug 28, 2007
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PA
Anyone else actively trade with Ameritrade? This is the third time in the past year that they have crapped out due to the high volitility in the market. I cannot access my account right now. The last time this happened, I missed a great buy, and all they gave me was 5 free trades.
 

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Edge

Contributor
FASTLANE INSIDER
Summit Attendee
Sep 20, 2007
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Kansas
Yeah I saw a lot of that rant over on another board. I was with Ameritrade once upon a time, but ever since going to Thinkorswim I can't imagine going anywhere else. If you don't trade options it probably doesn't make as much difference, but if you do, you should check them out.
 

REI

New Contributor
Oct 2, 2007
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I used to day trade with Ameritrade back in 1998 and 1999. I remember being short Providian Financial and lost $3K. I could not get into my account to cover my position. They compensated with a few dollars. After that day, I left Ameritrade and went to E*trade. I haven’t day trade in a long time. So, I don’t if E*trade is good or not. But, I would definitely stay away from Ameritrade.
 

randallg99

Bronze Contributor
Aug 9, 2007
1,390
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NJ
Ameritrade does a great job if you trade pink sheets and if you have complicated dividend structures ie foreign spin offs...

but I wholly agree that Ameritrade really eff'd up big time today. only got 7 trades off early today, but then I seriously lost out on some great opportunities early today due to Ameritrade's locking up ...now considering opening accounts with other firms to have some flexibility.
 

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