I can only say I've had mostly great experiences with them. I did have an OZON issue yesterday as it sounds like many did, but a phone call took care of that. No, there's been no delays as far as I can tell. It's my sense that some of the E-turd'ers are daytraders that really need a trading platform consisting of something much more than any of the offerings we're discussing. Now, E*Trade has had it's share of site slowness problems stemming mostly from growing pains, similar to the much publicized AOL problems of a couple years back - it sounds like this is NDB's deal of late. But this has been worked through, as I imagine NDB will do rather quickly. Costakos (CEO) of E*trade is a Vietnam Vet who's one of these people who sleep 4 hours a night max and runs the place like a damn commando - at least that what a couple articles have said - it's a pretty tight ship I guess.
These are the comments from the site Jerry posted:
Comments: E*Trade used to get a lot of criticism from its online customers, then it became very good; but lately the feedback is rather poor. There is a lot of criticism of E*Trade's new web pages. As with NDB, E*Trade is good for penny stocks only if you confine your trading to Nasdaq and Bulletin Board issues. Commissions on options are fairly low. Margin rates are high. Gomez gives E*Trade its #1 rating now, commending its research and the overall breadth of its services. Read our main "Discount Brokers Ranked" report for one E*Trade client's opinion on Gomez.
Again though, the window dressing and graphics are cute, but we're all most concerned with execution, speed, and a good complaint dept. I've been more than pleased 95% of the time. And I know I'm with a firm that's got well over a million customer accounts, and like I said, has trading clout with the mm's.
As an aside I have a buddy who bought 13,000 shares of BICO at .065 awhile back - couple days ago he goes to sell around 92 cents. Calls in his order to Dean Witter, who jerks him around and whines about BB's and gives him the "the MM's are not REQUIRED to execute your trade" business. By the time his order was accepted and executed they dumped the shares at 56 cents when the bid never dipped below the low 60's all day, and within 10 minutes the stock was back over 70 cents. He had started trying to sell it over 92 cents that day! For the privledge they charged him $232!! Made me realize how spoiled I've gotten with online discount brokers. Anyway, he opened an account with E*trade a few days ago and as of yesterday midday, he's up and running.
dax |
