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ScoTTrade

reviewed by koozylove

ScoTTrade

koozylove
12/21/2007

ScoTTrade 1

Using Scottrade is the best way to lose money on an otherwise winning position.
Their system is down a lot, very unstabel. Fill confirmations are delayed, sometiems for hours. Changing the buy/sell order is somtimes impossible. Their favorit line "there was in issue with your order"
Just like it happened this morning during Pre-market trading. They decided to shut the trading down, and do a update in the system.
I was trying to load off my RIMM position pre-martket. Prices went all the wa y up to 124.40 pre-market but I could not do a thing. Scottrade screwed everybody, and I am sick of their stuff. This little incident with RIMM cost almost 7 points, as the stock sold off after the market opened.
The Elite platform, the Total view is the worst. There has to be a better broker out there. Any opinion?

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RoboTechInvestor commented 676 days ago.
You need to call there tech support and get your Elite configured properly. Watch what other stuff you having using up your bandwidth while your trading. As far as the one day, well EVERY system can have a Downtime, and Scottrade's record is about the best out there. Total View is the worst? Please, do you even know how to use it?
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