Ameritrade Vs. SureTrade? Message Board

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Non-Tech : Ameritrade Vs. SureTrade?

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To: Jim Fisher who wrote (15)	5/4/1998 2:10:00 PM
From: Mike Sawyer	of 40

I've got an account with Suretrade that I can't wait to get out of. If I wasn't expecting my stocks to move at any time I would close out today. Suretrade is very poor quality. The only thing that they have is very good free research areas. I will keep the account open with a few shares of something just for that. I think that I am going to move to NDB. Others have told me that if the web is slow your Net provider is down you can call them and get them on the phone in 2-3 minutes usually. Never more than 5. With Suretrade it took over 45 minutes both time I ever called them. And the email support is non-existant. All they do is reply 2-3 days later with a canned response of which is just the online FAQ in email form. That sucks! I understand NDB will allow you to have multiple trades of the same stock on the same day for the single price of under $20. And they allow any number of shares on NASDAQ or OTC stocks. That makes it great when I'm needing to buy 50,000 shares of a stock under 10 cents. I can split it into 10 trades of 5K and still only pay the one trade fee...I think it was $19.75. They only limit the shares on Listed (AMEX/NYSE) to 5,000 at the $19.75. NDB also allows you to enter buys and sells at decimal settings. That makes it great on small stocks that trade in 1/2 penny moves. With Suretrade you are limited to 1/32 increments which really stinks! Does anybody have any experience or comments on NDB (National Discount Broker - ndb.com )? I have heard that they had problems in the past but have really done a good job as of late. Good Luck...and may we all buy the next KTEL before it goes up! Mike Sawyer

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