I have no time to get on a desktop trading software.ĭepending on your strategy, yes. I closed interactive brokers because of the annoying mobile app platform and too many login restrictions and security checkpoints. My Merrill lynch also has zero commissions now. I also have chase you invest and they still have the nerve to charge 2.95 a trade. I love Schwab for one reason, maybe two - they have zero commissions even on OTC and pink sheets, and ADR fees are lowest. Anyone knows if we will all be moving into one Schwab platform? That would suck. It also helps me psychologically block out those investments when I am working on another brokerage. For example, Schwab is fully electric cars and green energy. So now my three margin accounts will become one.īefore anyone asks, I pursue different strategies in different account. I love the zero dollar trades but I like different platforms and FINRA allows only one margin account per brokerage. Yaaaawn.įree commission is killing brokerages. Now I have one account in Schwab and it looks like I will now end up with 6 accounts in Schwab. After they merged, I have 5 accounts in TDA I used to have 2 accounts in scottrade and 3 in TD Ameritrade.
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