The Wellstrade thread started me thinking about moving my current assets from TD Waterhouse (now Ameritrade) to Wells. In my research, it turns out Ameritrade has some sort of "stripped down" version of their trading tools called Ameritrade IZone. Since I'm already part of TD Ameritrade, I'm thinking of making a switch with a portion and see how it works out.
I have been planning on dumping many of my funds and going the ETF route, so I don't need much. Just cheap commissions to buy. And I can now do a two-for-one, instead of $10 a trade, they do $5. And it has access to the same NTF supermarket as TD, and $18 commissions for non-NTF funds.
Has anyone had any experience with them? They strip out some of the niceties like:
no depositing checks, have to go through ACH
no phone number to call, all problems have to go through email
Minimum deposit is $5k.
Just wondering if anyone has any experience with it.