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Re: Discount Stock Broker Evaluation



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Save yourself a lot of frustration and losses and go to a direct access 
broker that supports realtick or something similar.  TerraNova, 
EquityTradingonline, Cybercorp spring to mind as good ones, although since 
Schwab bought out Cyber, their reliability has been going downhill and 
their commissions haven't gone down, so the first two are probably better 
bets.    Unless you plan to trade purely on end of day data and don't care 
as long as you get filled within $1 or so of your target price, even the 
worst direct access broker is infinitely superior to web brokers.

At 07:01 AM 4/4/2001 -0800, you wrote:
>I am thinking of using a discount firm to trade on the internet. I would
>appreciate any pro and con opinions and experiences of using ETrade vs
>Ameritrade vs TD Waterhouse as a discount broker. Schwab is not to be
>considered. Any other firm suggested could be considered.
>If the MS members feel that the response is not MS related you can email
>me directly at linoaalessi@xxxxxxxxxxxxxx
>Thanks and successful trading
>Lino