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Stock account

Posted By: justjosh

Stock account - 05/21/24 04:26 PM

I started trading with Scottrade. Rode along with the buyout and switch to TD Ameritrade. Now they have been bought out by Schwab. I do not like Schwab's website. I'm looking to switch brokerages at this point. Who is everyone else using and do you recommend them?
Posted By: trapperEd

Re: Stock account - 05/21/24 06:08 PM


I went from TD Ameritrade to Schwab because of the buyout. I have to agree that the Schwab site is harder to navigate until you get used to it.
If there are things I cannot find I call them up and the tell me where it is at. After using the Schwab site a few weeks and many hours I can get
most anything I need. I think Schwab is difficult because it has a lot more than TD Ameritrade.

Yes, there was things I like on TDA that I have not found on Schwab but at the same time I am finding things that were not on TDA also.
Schwab is now the largest brokerage in the US. I am going to stay there and learn more to use it.
Posted By: GROUSEWIT

Re: Stock account - 05/21/24 06:10 PM

Fidelity
Posted By: OhioBoy

Re: Stock account - 05/21/24 06:25 PM

T Rowe Price is the one I liked the best. Schwab is eh. Fidelity is eh. I think they all could be better. None of them are really setup for someone that hasn't used them before.
Posted By: white17

Re: Stock account - 05/21/24 06:37 PM

Originally Posted by justjosh
I started trading with Scottrade. Rode along with the buyout and switch to TD Ameritrade. Now they have been bought out by Schwab. I do not like Schwab's website. I'm looking to switch brokerages at this point. Who is everyone else using and do you recommend them?


What do you use it for mostly ? How active are you ?
Posted By: Kre

Re: Stock account - 05/21/24 06:38 PM

Originally Posted by justjosh
I started trading with Scottrade. Rode along with the buyout and switch to TD Ameritrade. Now they have been bought out by Schwab. I do not like Schwab's website. I'm looking to switch brokerages at this point. Who is everyone else using and do you recommend them?


I've been down the scott/td/schwab road too, but I'm OK with Schwab.
Posted By: justjosh

Re: Stock account - 05/21/24 07:04 PM

Originally Posted by white17
Originally Posted by justjosh
I started trading with Scottrade. Rode along with the buyout and switch to TD Ameritrade. Now they have been bought out by Schwab. I do not like Schwab's website. I'm looking to switch brokerages at this point. Who is everyone else using and do you recommend them?


What do you use it for mostly ? How active are you ?

I do 30-40 trades per year. Mainly swing trade with an occasional buy/write covered call or selling a put thrown in
Posted By: white17

Re: Stock account - 05/21/24 07:31 PM

I have used Interactive Brokers for almost 20 years now. Absolutely no complaints. Very robust with just about unlimited abilities to trade 24/7 around the world and in various currencies if you want to.
Probably more than most folks need. If you need phone support or just want it available......Interactive is not for you. They offer different platforms for different devices and they are very reliable. Learning curve is like most other new things.

You can take a look at the different platforms to see if they are overkill for you or might work. Might even be able to open a paper trading account to give it a test drive. I can't recall all the details.

It might be just as easy to learn Schwab's platform.

ibkr.com
Posted By: 2cylinder

Re: Stock account - 05/21/24 08:50 PM

I have fidelity for my 401 at work and have also started other brokerage accounts with them and I like them
Posted By: stinkypete

Re: Stock account - 05/21/24 09:47 PM

My account switched 2 weeks ago from TD to Schwab. I feel the opposite. TD was in the dark ages compared to the platform I have with Schwab.
Way more information given to you as a trader. IMO!!
But I will agree different platform for sure.
Posted By: Crappiekiller

Re: Stock account - 05/21/24 09:50 PM

Originally Posted by GROUSEWIT
Fidelity



This is where I’m at and like the site and ease of use.
Posted By: martentrapper

Re: Stock account - 05/22/24 04:26 AM

I have 2 accounts with Fidelity. I pay Fidelity to manage them. Currently they charge me 0.89 per cent per year. They bill each quarter. Since they charge a percentage, if my accounts go up, their share goes up. And vice versa. I tell my manager how I want the accounts invested. Currently I'm at 70 percent securities and 30 percent bonds. When the DOW gains I gain usually. And vice versa. Not overly Interested in doing my own buying and selling!
Posted By: NonPCfed

Re: Stock account - 05/22/24 04:35 AM

Quote
I have used Interactive Brokers for almost 20 years now. Absolutely no complaints. Very robust with just about unlimited abilities to trade 24/7 around the world and in various currencies if you want to.
Probably more than most folks need. If you need phone support or just want it available......Interactive is not for you. They offer different platforms for different devices and they are very reliable. Learning curve is like most other new things.

You can take a look at the different platforms to see if they are overkill for you or might work. Might even be able to open a paper trading account to give it a test drive. I can't recall all the details.

It might be just as easy to learn Schwab's platform.


White 17, I have to hand it to you. You're a very lucid old man. Vietnam and 1965 is 59 years ago this fall. Too bad our current supposed POTUS, who is about your age (I think), isn't as with it as you wink grin
Posted By: Lufkin Trapper

Re: Stock account - 05/22/24 04:52 AM

Edward Jones for the simple reason that they pay around 4.5% on money market. Merrill- Lynch was only paying less than 1%.
Posted By: white17

Re: Stock account - 05/22/24 02:11 PM

Originally Posted by NonPCfed
Quote
I have used Interactive Brokers for almost 20 years now. Absolutely no complaints. Very robust with just about unlimited abilities to trade 24/7 around the world and in various currencies if you want to.
Probably more than most folks need. If you need phone support or just want it available......Interactive is not for you. They offer different platforms for different devices and they are very reliable. Learning curve is like most other new things.

You can take a look at the different platforms to see if they are overkill for you or might work. Might even be able to open a paper trading account to give it a test drive. I can't recall all the details.

It might be just as easy to learn Schwab's platform.


White 17, I have to hand it to you. You're a very lucid old man. Vietnam and 1965 is 59 years ago this fall. Too bad our current supposed POTUS, who is about your age (I think), isn't as with it as you wink grin



Thanks............I think. At least I rate a little higher than Brandon on the lucidity scale. But that doesn't take much does it !
Posted By: Rat Masterson

Re: Stock account - 05/22/24 02:21 PM

Edward Jones is paying 5.3% here, can add or withdraw anytime.
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