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Registered User
Joined: 5/6/2009
Posts: 10
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Getting ready to move to a new broker. Any suggestions?
Thnx.
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Registered User
Joined: 12/2/2004
Posts: 1,775
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I'm a broken record on this board with MB Trading. Been with them about 4 or 5 years now and swear by them stronger each day. Superb personal customer service, direct access (FAST), very reliable, integrates with QuoteTracker, imports to Gainskeeper. Trades are $1 per 100 shares up to 500 shares, then only an extra .50 for each 100 shares over 500, i.e. $3/300 shares, $7.50/1000 shares. For those who tend to make regular multi-thousand share trades they have another plan for that, about $5/trade regardless of lot size. Barrons a couple years ago rated MB as the fastest and most reliable of online brokers. Best decision I ever made was ditching Etrade and Ameritrade for MB, though I still have Ameritrade as a backup account as no broker is perfect. In the years of using MB I've had only one major glitch when the service was down for about an hour.
I've heard good things about Think or Swim (did Ameritrade buy them out?), Options Express, and Interactive Brokers.
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Registered User
Joined: 2/5/2006
Posts: 1,148
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scottrade
mb trading
interactive brokers.
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Registered User
Joined: 12/2/2004
Posts: 1,775
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I wasn't accurate with the commission charges now in effect at MB Trading. The $1 per 100 share fee is no longer available for new customers; only two plans now available, both $4.95, one geared for frequent traders and institutions, the other for the average trader with different routing, details at the site. Lucky for me that I and others who originally signed on for the $1/100 shares remains in effect. Would still stay with MB even with the new plans becasue of all the other positive traits.
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Registered User
Joined: 1/28/2005
Posts: 6,049
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While this is an old post. I'm sure the facts haven't changed too much.
It will at least give you something to work with:
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Registered User
Joined: 12/18/2008
Posts: 150
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i suggest using a direct access broker like mb trading or tradestation.. i made a post online a long time ago about why, if i find it ill post it up here
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