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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: Len who wrote (7748)4/6/1998 9:44:00 PM
From: Alex Pilosov  Read Replies (1) | Respond to of 16892
 
I'm still with datek because of same reasons I chose it a year ago, which are:
a) unlimited realtime quotes
b) clean interface without bells and whistles (yes, even "new classic" is good, no matter how much whining I hear against it)
c) Trades are lightning fast 99% of time, and I'm willing to put up with 1% of slow trades. IMHO, its better than having consistently slow trades like other online brokers.
d) 9.99$ commission. Of course, now almost all of deep-deep-deep discounters do that, but they have higher charges for limit orders, etc.

Although I admit that sometimes Datek's moves seem wierd, I can live with that.

Datek messes up from time to time, but I doubt that other brokers don't. And it looks to me, from frequency and wording of complaints, that datek cleaned up their "treatment of disputes" since about 5 month ago, when they had peak number of complaints.

Oh, and thanks to whoever fixed "new interface" to work right under unix, maybe now I actually will try it.

The checks thing sounds laughable at first, but I'll give datek benefit of doubt...It MAY have happened, and they (maybe) ain't lying.

Just my 2 cents.