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Stay away from ScottTrade
Posted by Dean_C (more from Dean_C) on Sun, 3 Jun 2007 08:01:34
In Reply to: Any opinions on Discount Brokers?, elliott, Sat, 2 Jun 2007 06:13:02
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ScottTrade has made the past 2+ years a living horror for myself and family after not transferring an IRA account properly. They don't stand behind their employees despite having physical proof that they screwed the transfer up and won't help me in dealing with the IRS or attorneys.
I've used TD Ameritrade for the past 2 years and they have been very helpful. Their customer support is head and shoulders above ScottTrade and E-trade.
I look at it this way. If you are worried about saving $2 per trade you probably shouldn't be investing trading stocks, stick to mutual funds.
If you can afford to swing it (ie you don't need those funds to be liquid anytime soon) take advantage of the Roth IRA if your company doesn't have the Roth 401 as an option.
posted by 68.36.3...
Posts in this Thread:
- Any opinions on Discount Brokers?, elliott, Sat, 2 Jun 2007 06:13:02
- Stay away from ScottTrade, Dean_C, Sun, 3 Jun 2007 08:01:34 <-- Viewing This Message
- "free trades", patm, Sat, 2 Jun 2007 18:19:05
- I'm happy with TD Ameritrade..., Rod , Sat, 2 Jun 2007 14:21:03
- I use etrade, Dick in Falls Church, Sat, 2 Jun 2007 09:03:22
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