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To: David Harker who wrote (122239)5/4/1999 5:24:00 PM
From: freeus  Respond to of 176388
 
OT
I have dealt with many brokers now: I began with Dean Witter and then Prudential and then Sutro, all with full service brokers leading me along. They were less than useless and charged small fortunes compared to computer trading rates.
Then I switched to Fidelity: still have my IRAs there. They are absolutely first rate. Great service, but their commissions were (to me) unreasonable when I began trading a lot so switched to Datek. They too are first rate but dont trade options (also on a trust account would not let me have quotes!!!!! had to get to my IRA account for quotes...wierd) so I switched back to Fidelity which by then had low commissions.
Then Fidelity raised maintenance on margin, just at the time I was selling puts which puts a big drag on your margin anyway...result margin call at 60% equity (Hope I dont get one today ...I'm back at 60% equity again). That was over in a day but that's what decided me to switch at least the margin account to Brown.
My point is none are perfect. You go for what you personally need.

And to all who think full service brokers give you better service...It aint necessarily so!!!!
Freeus