Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Steve Grabczyk who wrote (14302)	1/10/2001 11:35:58 AM
From: SAM	Respond to of 18928

I use Schwab: 1. Good research tools 2. SOMETIMES lower buy and higher sales on GTC orders which pays for higher trade cost 3. High trade cost $29.95 4. Have not experienced a missed trade. Notified when GTC orders expire. 5. Excellent online access and speed. SAM

To: Steve Grabczyk who wrote (14302)	1/10/2001 1:45:04 PM
From: aptus	Respond to of 18928

I use Datek and have been very happy with them. They offer: 1. Real time account updates. 2. Fast Trade executions. 3. They route your order for best price, not to who will pay them the most (and they give you rebates if someone does pay them). 4. About $10 per trade commission. 5. Real time streaming quotes. 6. After hours trading. 7. Nice User Interface (as compared to my other brokerage account). regards, mark.

To: Steve Grabczyk who wrote (14302)	1/10/2001 8:38:40 PM
From: matvest	Respond to of 18928

Hi Steve, I have used Schwab and Datek. While I don't have extensive experience, I have noticed these differences. Schwab is a very complete and responsive site. They respond quickly and in most cities you can, of course, talk to a representative in person. Datek is very efficient and execute trades both quickly and accurately. Their customer support by telephone is mixed. I find they answer the phone quickly, but don't volunteer as much info as Schwab's representatives and are neither as helpful or knowledgeable as Schwab's. Datek also has Standard & Poor reports. And of course there is a big difference in fees. Dataek charges $9.99 for market or GTC trades and apply to both Stock and Mutual Funds. Schawab charges $29.99 (I believe) for stocks and Mutual funds, BUT Schwab, unlike Datek, has a large number of No Transaction Fee Mutual Funds which makes trading them free. Hope this helps. Larry M