Michael
Re: "Professional and non professional traders and investors the world over have been signing that agreement.
I'd venture to say that millions upon millions have gone before you."
I don't know for sure about that. First, I don't remember having ever signed such an aggressive agreement, whether from Nasdaq or anybody else. Also, on schwabcanada.com they have a page with all the legal agreements involved when opening an account. It is long, but the language is direct, understandable and with no open, one-sided responsibility clauses like you see in that TDW agreement.
If you want to know why I'm so mad at TDW, it's because they first got my money, and THEN they slap this agreement in my face. It's not like this innocuous agreement that a shareware site requires you to accept before a download. I mean, TDW has got me by the balls, they've got my money and, with their attitude, I should be worried. I'm sure I don't need this type of document to have a 'correct behaviour'.
While speaking of Schwab, there are sites on the Web that evaluate and compare online brokers. Among canadian brokers, it seems to me that Schwab stands out clearly in front. Meanwhile, TDWaterhouse obviously lags because of its customer service rating... The following 2 sites also contain a wealth of information relating to online brokers:
investingcomplaints.com
gomez.com
At these sites, you can also register your complaint against a broker. Also, although the information is incomplete, someone posted a complaint on April 16th inquiring for a class action against TDW... It's at:
investingcomplaints.com
Have a look!
Mike |
