Started By
Message

re: Which firm do you like? Looking to possibly get away from fidelity

Posted on 2/19/21 at 4:21 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4135 posts
Posted on 2/19/21 at 4:21 pm to
quote:

Honestly Robinhood is the best laid out user friendly ive used but its Robinhood lol and cant buy otc. Is TD Ameritrade, Schwab, etc any better than fidelity?


Sorry that you had a bad experience with Fidelity. As for which of the others is “better”, that depends on what you do most often. The big advantage for active stock and options traders (especially those who do complex options trading) with Schwab is that since they bought TDA last year, you’ll soon have access to Think or Swim. From what my TDA account rep told me, Schwab is keeping ToS as is (to keep the pro and semi-pro traders - the main reason they bought TDA) and they’ll blend the standard TDA platform into the standard Schwab platform. Schwab has excellent cash management (better than TDA imo) and excellent customer service.

If you’re mainly doing standard vanilla (or even fractional) stock trades, I don’t think that any of the user interfaces require any kind of steep learning curve. ToS has a learning curve because there’s SO much in it. But for the average buy or sell, I think they’re all about the same. Personally, I’d go with Schwab/TDA because of customer service and banking services. I’m still considering a switch to Dough Trading, but for reasons that wouldn’t affect most people.

GL
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram