Bob-
I have only been using Preferred for 2 weeks, but so far they have been good. The few trades I have done have had reasonably good executions, shorts and longs pretty quickly. I had to wait 45 sec. for one short to fill, on a market order, I thought that was a long time, but maybe it's normal. I also got filled on a long at a downtick, I was upset about that, things were trading at 7/8 and I got filled at 13/16, but I don't know if that was their fault, could have been the luck of the draw. I went with them so I could use market orders without getting screwed, they advertise that they can often get price improvement, my experience so far has not borne that out. But they are reliable, always respond to an order, or a quote, no downtime so far, even at market open. So I'm happy, I don't have to worry about getting into a trade and having the system go down when I'm trying to exit. This business is hard enough to do without worrying about that!
-Tim |
