Friday, March 26, 2010

Re: [TheOptionClub.com] I'm Firing Fidelity, Help Me Find A New Broker!

 

How fast is the IB platform compared to TOS?
TOS gets bogged down every time the volume gets heavy.

Any hesitations with IB, like right after a fed statement?

Thx,

Ross

--- On Fri, 3/26/10, Bob C <bobc0923@sbcglobal.net> wrote:

From: Bob C <bobc0923@sbcglobal.net>
Subject: Re: [TheOptionClub.com] I'm Firing Fidelity, Help Me Find A New Broker!
To: OptionClub@yahoogroups.com
Date: Friday, March 26, 2010, 9:00 AM



Well, I would suggest checking out Interactive Brokers.  You may hear some people say their customer service is not that great but I have been with them for about 1 year and each time I have needed help they have been as good as anybody.  I think the negative customer service comments are from several years ago and not recently.  But their commissions are about the lowest you will find anywhere.  Their trading platform can be overwhelming at first but you just have to take it a step at a time.  Plus they offer free monthly online classes to show how to use the platform and lots of other things.  If I can trade using IB then anyone can.  With TOS and IB as your broker and backup broker I can't imagine a better combo. - Bob C. 


From: leobusc <leobusc@yahoo.com>
To: OptionClub@yahoogroups.com
Sent: Thu, March 25, 2010 3:11:34 PM
Subject: [TheOptionClub.com] I'm Firing Fidelity, Help Me Find A New Broker!

 

I absolutely love Think Or Swim. I just don't like having all of my money with one broker.

Fidelity is grueling for trade options. Their platform stinks,
their commissions are too high but worst of all they making me jump thru hoops to trade spreads.

Last week their platform wouldn't let me roll a call from March to April without paying two $9.00 commissions. The man at customer service said "I can help you with that, but it is a complicated trade so it will take a while".

Rolling a call from March to April is a complicated trade????

Think or Swim is the best broker, but who is number 2?

I want low commissions, an easy to use trading platform, and some semblance of customer service.




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