http://www.doughroller.net/investing/tradeking-review/ Money Management and Personal Finance | The Dough Roller Sun, 12 Feb 2012 16:07:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.doughroller.net/investing/tradeking-review/comment-page-1/#comment-18845 Doug Fri, 26 Mar 2010 09:57:20 +0000 http://www.doughroller.net/?p=8955#comment-18845 TradeKing does have really good prices and some really good tools for technical analysis, but their site is definitely not as user or should I say novice friendly as the larger online brokers, like Fidelity, Schwab, and TD AmeriTrade. My only gripe with them is that I put money in my account and had to wait five business days before I could use it. This is the first time only, or if you deposit more than is in your account. Also, if you want to withdrawal any of your money, you have to wait an additional five days to do that, adding up to over two weeks. And, to fund your IRA, you will need to send them a check and cannot use the money you put in your regular account. Seems very complicated to me and a pain in the neck. Are they all like this? I was told they do some of this because of anti money laundrying laws and the patriot act. Is this true? TradeKing does have really good prices and some really good tools for technical analysis, but their site is definitely not as user or should I say novice friendly as the larger online brokers, like Fidelity, Schwab, and TD AmeriTrade. My only gripe with them is that I put money in my account and had to wait five business days before I could use it. This is the first time only, or if you deposit more than is in your account. Also, if you want to withdrawal any of your money, you have to wait an additional five days to do that, adding up to over two weeks. And, to fund your IRA, you will need to send them a check and cannot use the money you put in your regular account. Seems very complicated to me and a pain in the neck. Are they all like this? I was told they do some of this because of anti money laundrying laws and the patriot act. Is this true?

]]> http://www.doughroller.net/investing/tradeking-review/comment-page-1/#comment-16059 DR Wed, 02 Dec 2009 11:35:07 +0000 http://www.doughroller.net/?p=8955#comment-16059 Stuart, thanks for mentioning Questrade, which is new to me. I wonder how important the research tools are. I typically don't use my brokers research tools anyway. I use other resources like Morningstar and SEC filings. Stuart, thanks for mentioning Questrade, which is new to me. I wonder how important the research tools are. I typically don’t use my brokers research tools anyway. I use other resources like Morningstar and SEC filings.

]]> http://www.doughroller.net/investing/tradeking-review/comment-page-1/#comment-16048 Stuart Wed, 02 Dec 2009 03:29:40 +0000 http://www.doughroller.net/?p=8955#comment-16048 Sounds a lot like the discount broker I use in Canada: Questrade. You get the best price out of all discount brokers in Canada, but the research tools suck. The platform is the same as all brokers in Canada seem to use a generic platform. Sounds a lot like the discount broker I use in Canada: Questrade. You get the best price out of all discount brokers in Canada, but the research tools suck. The platform is the same as all brokers in Canada seem to use a generic platform.

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