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Re: bamboo post# 44222

Monday, 11/11/2002 6:56:51 PM

Monday, November 11, 2002 6:56:51 PM

Post# of 704019
Bamboo, I trade at Schwab on Street Smart pro. I have looked into Cybertrader but the comissions are about the same. Schwab is 14.95 if you do enough trades. Cybertrader is 9.95 but you have to add ECN fees of about $5 so it's about the same. I started out at Datek and hated them. I then went to E-Trade and they were much better but they had reliability issues and I then tried Schwab. Schwab's trading platform is basically the same as Cybertrader's best as Cybertrader is owned by Schwab and Cybertrader designed it.

What I like about Schwab that I have not been able to get elsewhere:
1. I can usually get a live person on the phone in seconds.
2. Very little down time.
3. I trade 8 different various accounts. I can trade them all from the one platform.
4. I have had no problem getting on Schwab when everyone is trying to get into the market.
5. Quick confirmations.
6. Trading platform that is the best with real time charting capability.
7. better chance of getting the fill I want in a fast market.
8. I pay nothing extra for the bells and whistles.

I do more than 4,000 trades a year so you can imagine my comissions are high. However, all of the above makes it worth while for me to trade from Schwab over some of the cheaper brokerages. E-mail me if you want to talk to me about Schwab.

Joe


Joe

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