Comments on: Transfer Broker Account From Firstrade To TradeKing http://www.thesunsfinancialdiary.com/investing/switching-from-firstrade-to-tradeking/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: danielhttp://www.thesunsfinancialdiary.com/investing/switching-from-firstrade-to-tradeking/#comment-43603 daniel Tue, 19 Aug 2008 04:54:45 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/switching-from-firstrade-to-tradeking/#comment-43603 First of all, they charge extra for extended hour trading. $6.95 is only from 9:30am to 4pm. Second, they claim no fee tranfer in and termination, but they charge transfer out fee of $50. Third, they don't use direct trading or routing. They use a clearing house to take their order. That mean you place an order to firstrade then they place your order to a clearing house. You have to wish clearing house execute your order in time. First of all, they charge extra for extended hour trading. $6.95 is only from 9:30am to 4pm.
Second, they claim no fee tranfer in and termination, but they charge transfer out fee of $50.
Third, they don’t use direct trading or routing. They use a clearing house to take their order. That mean you place an order to firstrade then they place your order to a clearing house. You have to wish clearing house execute your order in time.

]]> By: Sunhttp://www.thesunsfinancialdiary.com/investing/switching-from-firstrade-to-tradeking/#comment-43604 Sun Tue, 19 Aug 2008 04:43:27 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/switching-from-firstrade-to-tradeking/#comment-43604 Daniel: The $50 account transfer out fee seems to be universal. Though nobody charges any fee when transferring in an account, everybody charges a fee when you want to get out and $50 is pretty standard.I have used Firstrade to make a few trades and from my experience, I didn't notice any difference in how the order is executed. Daniel: The $50 account transfer out fee seems to be universal. Though nobody charges any fee when transferring in an account, everybody charges a fee when you want to get out and $50 is pretty standard.

I have used Firstrade to make a few trades and from my experience, I didn’t notice any difference in how the order is executed.

]]> By: Tradeking Reviewhttp://www.thesunsfinancialdiary.com/investing/switching-from-firstrade-to-tradeking/#comment-42594 Tradeking Review Tue, 27 May 2008 20:27:04 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/switching-from-firstrade-to-tradeking/#comment-42594 I too focus on the commissions when I sign up with a new broker.All I really need are two things: limit trades and low cost. I use my Fidelity account to conduct all my research, then buy everything with the low cost broker.It saves a ton of agony and money in the long run. I've never been with FirstTrade, but I guess they are second to Tradeking! I too focus on the commissions when I sign up with a new broker.

All I really need are two things: limit trades and low cost. I use my Fidelity account to conduct all my research, then buy everything with the low cost broker.

It saves a ton of agony and money in the long run. I’ve never been with FirstTrade, but I guess they are second to Tradeking!

]]> By: NCNhttp://www.thesunsfinancialdiary.com/investing/switching-from-firstrade-to-tradeking/#comment-30144 NCN Wed, 05 Dec 2007 02:10:42 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/switching-from-firstrade-to-tradeking/#comment-30144 I use tradeking for my roth (and my wife's)... I like their interface - be sure to go in and turn on "real-time" quotes... NCN I use tradeking for my roth (and my wife’s)…
I like their interface – be sure to go in and turn on
“real-time” quotes…
NCN

]]> By: MoneyNinghttp://www.thesunsfinancialdiary.com/investing/switching-from-firstrade-to-tradeking/#comment-30133 MoneyNing Tue, 04 Dec 2007 23:08:50 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/switching-from-firstrade-to-tradeking/#comment-30133 I look forward to hearing your thoughts since I am thinking of whether I should move my assets away from ETrade if another brokerage is just as good. :) I look forward to hearing your thoughts since I am thinking of whether I should move my assets away from ETrade if another brokerage is just as good. :)

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