Stock traders, which brokerage do you use?

[sasquatch]

I saw some threads that says thinkorswim is a bit slow on execution. Any comments on that?

 

[Compound]

I have not had any trouble with speed of execution on TOS. Only trade listed options and equities, however. Phone support is also good.

Interactive Brokers has cheaper fees. Guys who use it seem to really like it. You have to be comfortable with their interface, however.

Barron's does an annual review / ranking of the online brokers, analyzing all of the relevant variables. Can't find a link right now...

 

[klaxx]

SOGOTRADE for short sells

 

[joshmv]

I've used Zecco and TradeKing and definitely liked TradeKing quite a bit.

 

[AllBizNiz]

Anybody ever use sharebuilder?

 

[kingofsp]

I use sharebuilder. And also E*Trade. I recommend E*Trade.

Forget about the fees. You might save a few bucks somewhere else, but E*Trade gives you an ATM card and then REIMBURSES ALL ATM FEES. That's right. Even a fucking $6 surcharge at a Las Vegas ATM or an $8 one on a cruise ship. Badass.

 

[this_guy]

I use sharebuilder. And also E*Trade. I recommend E*Trade.

Forget about the fees. You might save a few bucks somewhere else, but E*Trade gives you an ATM card and then REIMBURSES ALL ATM FEES. That's right. Even a fucking $6 surcharge at a Las Vegas ATM or an $8 one on a cruise ship. Badass.

Their banking kicks ass. I know I have saved at least a grand in ATM fees using them.

 

[TLott]

IB.

Its all about the API...

^^ This, if you are a serious trader.

Love IB - but their charts suck, so its not a great all-in-one solution.
http://www.interactivebrokers.com/

 

[Soupyone]

^^ This, if you are a serious trader. http://www.interactivebrokers.com/

Actually if you're a serious trader:
Any platform with off the chart trading & level II access is good enough.

Personally I don't know how you guys even trade equities...

Derivatives is the way to go.

 

[TLott]

Actually if you're a serious trader:
Any platform with off the chart trading & level II access is good enough.

True, true.

 

[SeoFuel]

Zecco has been pretty good so far

 

[gotthefeeling]

we just acquired 6,000 forex records

 

[volknet]

wells fargo pma = free trades

+1

100 free trades per year.

I think you just need like $20,000 or more to get PMA.

 

[bigwavesurfer]

thinkorswim and interactive brokers are great services. fast execution and good rates on trades.

 

[LotsOfZeros]

Their banking kicks ass. I know I have saved at least a grand in ATM fees using them.

I heard they sold or closed their bank division. Did that not happen?

 

[tacoX]

scottrade... I quit my daytrading activities though.

 

[cardine]

Does IB or Sogotrade have the best borrows for penny stocks? I've heard different people each tell me one is better than the other. I was talking to the ThinkorSwim reps, but their hard to borrow list has all the stocks I want to short.