Ameritrade or Scottrade?

[jthegreat]

Help me decide. I'm looking for an online brokerage to buy mutual funds and stocks. In regards to stocks, I'll be looking to buy stocks to hold anywhere from 6 months to several years, so no quick turn around.

[Sniper]

What broker to use is more a personal preference than anything else. Scottrade is slightly cheaper on commissions, but you may prefer ameritrades research or other tools better.

[ColdCaller]

I like Firstrade. I am not a fan of Scottrade - they pull a hard inquiry of your credit report even if you're not trading on margin. Sorry, but that's a bit too invasive for a brokerage account for me.

[sprmario]

I'm using Etrade. I don't have a ton of money on there but it's enough to get past any basic fees. I have yet to see any sort of consensus on which is the best online brokerage firm so I haven't moved. I guess etrade is pretty reasonable. I have no particular complaints.

[black_russian]

I use Scottrade because they were the cheapest a couple years ago when I signed up. No fees other than comissions for stocks/mutual funds. I dont use their research tools so that is not important to me. I have been happy with Scottrade but my expectations are not that high

[kagame]

Etrade is evil, worst CS ever

[csuf_gambl0r]

[ QUOTE ]
I like Firstrade. I am not a fan of Scottrade - they pull a hard inquiry of your credit report even if you're not trading on margin. Sorry, but that's a bit too invasive for a brokerage account for me.

[/ QUOTE ]

You have been saying that in a couple threads now, why?

how do you even know they ran a credit report on you?

to my knowledge, when i created my account, they didn't run any sort of credit report. I walked into my local branch, filled out the application, turned it in, and went i got home i was able to immedialty log into my account.

[ColdCaller]

[ QUOTE ]
[ QUOTE ]
I like Firstrade. I am not a fan of Scottrade - they pull a hard inquiry of your credit report even if you're not trading on margin. Sorry, but that's a bit too invasive for a brokerage account for me.

[/ QUOTE ]

You have been saying that in a couple threads now, why?

how do you even know they ran a credit report on you?

[/ QUOTE ]

I, uh, checked my credit report.

[Wes Mantooth]

This should be helpful, ranked online brokers Barrons Online

[KJack9]

I just opened an account with scottrade, after searching I decided I liked this one the best. I applied online and they ran a credit check on me also but I have no issue with that.