rsingh6675
Recycles dryer sheets
- Joined
- Nov 16, 2008
- Messages
- 126
Have you used TD Ameritrade for stock trading? What is your experience?
Please advise.
Thanks
Please advise.
Thanks
I have Scottrade and it was purchased by TDAmeritrade. It's kind of awful. I don't like it. I think I like the Scottrade system better.
I'm not quite understanding. Have you already moved over to TDAmeritrade and if so, what is kind of awful about it?
I have both. TDAmeritrade for HSA. Scottrade for regular account. But I think somehow they are changing the Scottrade software slowly to be similar to TD Ameritrade. I remember it used to be different.I'm not quite understanding. Have you already moved over to TDAmeritrade and if so, what is kind of awful about it?
Have you used TD Ameritrade for stock trading? What is your experience?
Please advise.
Thanks
I wonder if that was ages ago under their old pricing structure.TD Ameritrade for HSA, so I'm there not by choice.
They charged $10 to purchase an ETF (of MY choice, not theirs), so I've seen cheaper.
I have TDAmeritrade accounts. I buy ETFs nowadays, but 20 years ago would buy stocks. They are a fine broker. I'm not sure what you mean by "experience with them" though. I submit orders, they get filled. I go the office if I want same day action on paperwork. What else?
I have other brokers, but do most of my trades at TDAmeritrade because that's where our 401(k)s are located.
You still have to hold the ETF for 30 days. I made a mistake of trading out too soon and I was charged, I forgot the charge, maybe $19.99. But I called and complained and they gave me free trades to compensate for it.I wonder if that was ages ago under their old pricing structure.
I actually don't look at the statements, though I keep year-end PDF copies with my tax return info.
As usual i have a story. i had Waterhouse securities in the early 80's. They some how became td ameritrade.
So Larry Waterhouse (a great guy) started Waterhouse Securities in the early 70's. He was one of the first Discount Brokerages, along with Schwab,Muriel Siebert, Scotttrade, Ameritrade, etc. In 1997 TD Bank (Canadian Bank) bought Waterhouse for about $750 million. They renamed the business TD Waterhouse. In 2005 they merged this business with Ameritrade Securities (founded by Joe Ricketts). TD got about 42% of the combined equity and the Ricketts about 20%. New name is a TD Ameritrade. They recently closed the Scottrade deal with TD Bank taking the Scottrade Bank to be merged with TD Bank USA. Maybe not as interesting as your story but......
The 9.99 iShares ETF buy was four months ago. Might be a pricing structure agreed to by HSA outfit.I wonder if that was ages ago under their old pricing structure.
The 9.99 iShares ETF buy was four months ago. Might be a pricing structure agreed to by HSA outfit.