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ScoTTrade

reviewed by paulmarc

ScoTTrade

paulmarc
10/20/2007

ScoTTrade 3

I have used them for many years, and I like their streamer and website.
They have many good features (streamer, live charts, news etc) which are not as sophisticated as direct access brokers, but you don't need much to be successful at short-term trading. The marketmovers feature is very useful for daytrading if you use it properly. My gripe with them is that I occasionally find errors in my account history and the Gainskeeper. They were rude about it when I questioned it. Now I will
have to closely check balances (a real headache for active traders) to be sure I'm not be shafted. Also the latest version of Firefox causes their site to lock up. No problems with any other website. Sometimes
the wrong order is entered when I am closing a position, and I have
been short twice the amount of stock without knowing it. So I suspect
a problem with their Java or other questionable activity. Unfortunately
I do not know of another broker with the features I want: low cost,
Streamer and live charts, check writing, local office and Gainskeeper.

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shoutitout commented 760 days ago.
Same thing happened to me. Money missing from my account. Only $25.00, money still the same. They will not make good. You cannot review your day to day balances only yesterdays. Very deliberate, you think?
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By the Numbers