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Don't know Discover, but my experience with E-Schwab was not good. I
found them to be very difficult to deal with in the event of problems or
errors, some of which were theirs. Also, I found them to be more
expensive than others, not only for commissions but their way of
charging for much that is free elsewhere.
I moved to E*Trade, which has a wonderful site with much free, useful
information, but alas, their service in the event of problems -- again
of their making -- was worse, much worse. e.g. they moved money to the
wrong account which I couldn't access and I had to go through multiple,
20-minute wait calls to their support who wouldn't do what they
promised; they failed to execute a limit order when the price moved
through my buy...that sort of aggravation followed by sometimes rude
behavior from their support people -- when you finally reached them that
is.
Then went to Scottsdale. Their site is not too hot, but their
commission, $9.00, makes up for a lot. Also, if you have problems or
questions, you can call a local broker who answers quickly, at no
charge, and so far has handled things rather well.
Check out this site:
http://www.astro.lsa.umich.edu:80/users/philf/www/discount.html It
lists comments and information about just about every brokerage house.
A lot of good, if unpleasant, information that may save you some grief.
Good luck with whoever you choose.
Leo
Paula & John wrote:
>
> Hi all,
>
> I need to move my trading account to another brokerage, and am wondering
> who-all you're using, and your level of satisfaction with them. I'm
> eyeballing E-Schwab and Discover, and leaning towards Discover.
>
> Paula
>
> =============================================
> "Necessity is the plea of every infringement of human freedom. It is the
> argument of tyrants; it is the creed of slaves."
>
> William Pitt
> -----------------
> PGP Public key available upon request
> =============================================
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