|
PureBytes Links
Trading Reference Links
|
Brendan;
I use DATEK and I'm overall happy with them. One of the good thing is free
real time quotes. With other internet brokers that I have used all quotes are
the "standard" 20 minutes late.
Their execution time appears to be very fast. It seems to me that their
spread is very good. My last internet broker was Amertrade and it seemed as
though their spread was usually 3/8 which is a killer. It was not always that
big but it seemed that way to me.
Some of the bad things about DATEK is
1. No trailing stops on orders on the NYSE or the AMEX exchanges.
2. No Options.
Since I mostly trade in NASDAQ tech securities this is not a problem for
me. I'm overall very happy with their service. A phone call for customer
assistance are quickly answered as well as E-Mail questions. They claim that
they will add options and trailing stops for the NYSE soon. Seeing is
beliving.
Respectfully;
DW Holtman
Brendan R. Smyth. wrote:
> Does anyone have any experience of using DATEK ONLINE brokers? They promise
> low commissions @$10 per trade. I would be very interested in hearing from
> anyone with comments about DATEK.
>
> Brendan Smyth
|