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by Bryan_Carey in Personal Finance, - Top 10, Aug 31 '00
Pros: Inexpensive Rates; No Minimum Balance to Open an Account Cons: Not Enough Tools; Response Time is Slow
Launched in 1997, SureTrade is an on-line brokerage service that currently has over 550,000 customers. It's known for having the lowest fees of any major on-line broker.
Service Charges:
If I had to pinpoint one area where...
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by StraightTalker , Mar 07 '00
Pros: Good live help,low commissions,no minimum Cons: Not as dependable as it could be
I used the "Live Help" feature this morning for the first time since I opened my account just over a year ago. Was I surprised when I was able to chat online with a Suretrade rep in less than 2 minutes! And I got the answer I needed right...
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by Renee_S. , Apr 12 '01
Pros: Easy stock purchasing and trades-$7.95
No minimum deposit Cons: Can be slow and negligent to customer needs.
Last year for Christmas, grandpa and grandma sent my young son $100.00. We decided instead of buying more toys and video games, that we would invest the money in a stock account.
I checked online with some of the major brokerage firms- they...
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by The_Peach , May 13 '00
Pros: No minimum deposit, dirt cheap commissions, lots Cons: Can be slow during active market conditions!
One thing that the technological revolution and proliferation of the Internet has certainly done: it's brought people of all economic means and geographic regions access to information and opportunities like never before.
One of the...
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by 401402 - Top 1000, Nov 30 '99
Pros: Customer Service, Phone Menu Cons: Deadly Sow!
Suretrade is one of the cheapest brokers in the Internet brokerage business with $7.95 per Market Trade (cash) and $12.95 in options.
They may have started in 1997 and by then there have not been many people around trading on the Internet as heavily...
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by robwbr1 , Feb 03 '00
Pros: Trade Prices Cons: Slow, unreliable, not-user friendly
I have not been a Sure-Trade member for a very long time, and I don't plan to continue much longer if their service does not improve. It takes forever for an order to execute, even if the volume is low. The site is not user friendly at all, and it takes...
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by jpenrod , Dec 21 '99
Pros: Low trading price Cons: Site is not the best, customer service can be frustrating, especially the automated responses
I've been using SureTrade for about 2 years now and have seenit go from decent to bad to decent again.
The reason I signed up was the $7.95 per trade price. I had an
account with Lombard (now Discover Brokerage) and was satisfied with their...
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by WEBB577 , Feb 21 '00
Pros: cheap, secure, very informative, easy to use and understand Cons: balances not accurate during the late night hours - a little shocking at first, but all better in the morning
Attention all college students and other poor folks -
I recently began using Suretrade.com as an online broker and have had excellent luck with it. First and foremost, its the cheapest game in town. Trades are only $7.95 and while...
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by xibo , Jul 03 '00
Pros: low transactions costs, competitive margin rates, fast loading pages Cons: margin rules change randomly, poor execution, no level II
I've been using Suretrade for about two years now, and generally I have been satisfied with the service. I picked Suretrade because of their low transaction costs ($9.95 for limit orders) and low margin rates. They used to have the lowest margin rates...
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by gormly - Top 1000, Nov 17 '99
Pros: simple trading, low price Cons: Not much in the "How to trade" department
I have been using SureTrade for about a year now.
Like most others, I jumped aboard due to low fees ($8.00)
At the time I signed on there was only a 1000.00 requirement
to open an account. That was a big plus.
The first...
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by thedragonweyr - Top 1000, Dec 23 '99
Pros: Cheap, but.... Cons: Slow response time, poor customer service
I was attracted to Suretrade for three reasons, the Motley Fool was using them for one of their portfolios, they only charge $7.95/trade, and big number three, 0 equities position required to open the account.
Unfortunately, I never really...
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by ksu96 , Dec 10 '00
Pros: cheap trades Cons: poor and unreliable service
I am a former Suretrade customer. Here are some reasons why I left and why I would caution others before depositing your money with them:
First and foremost, the customer service was terrible. I cannot recall the number of times that a...
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by nukeydog , May 23 '00
Pros: Cheap market orders for mainstream stocks. Cons: Hidden fees, bad customer service. Web site counterintuitive and slow
I initially selected this online broker because all of the hype about $7.95 trades online. Wow! What a service!!
Well, actually if you read the fine print, or even the invisible print, you'll find they're singing another tune. It's called...
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by Daruma , Mar 23 '00
Pros: Cheap trades, easy interface, fast executions Cons: No online account deposits by credit card
SureTrade's combination of cheap trades and no-frills service pays off big time, though a first-time user of online broker services may experience a few disappointments. I waited until trying a second online broker, E*Trade (see my parallel review of...
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by RHeinrich , Dec 24 '99
Pros: Market orders are normally transacted in a reasonable time. Cons: Commissions are jacked up, poor customer service, site is too slow.
I used SureTrade with two accounts, one speculative and the other an IRA account. I signed up for the $7.95 trades.
You quickly learn that the $7.95 is for market orders on equities trading at $2 and over. What I surprise...if you trade in...
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