Financial Institutions/Services - Ameritrade
Number of Customer Reviews for Ameritrade: 1
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Ameritrade, an online discount broker, has been functioning since 1975. J. Joe Ricketts is the founder Chairman of Ameritrade. Other directors include J. Peter Ricketts, Mark Mitchell. J. Joe Ricketts is also the Chairman of combined companies under Ameritrade. Ameritrade has many divisions like Accutrade, K. Aufhauser & Co., AmeriTrade Clearing, etc.
Ameritrade and its divisions have been progressing along the years. Accutrade introduced touch-tone telephone trading in 1988, Ameritrade Holding launched an Internet only broker division of All American Brokers, Inc. through eBroker®, and launched Ameritrade, Inc. in 1997 encompassing all features of Aufhauser, Ceres, and eBroker in one firm. In 1998, Ameritrade introduced one of the first interactive, CD-ROM-based options trading simulators-Darwin: Survival of the Fittest™.
Ameritrade ranks among the first brokerages to offer complex options of order entry on the Internet. You can receive e-mail confirmations of your electronic trade. You can avail flat rate and low commissions of $10.99 on the Internet trading of stocks including limit and stop orders. You can access all different and powerful tools at Ameritrade and use them for trading stocks. You benefit from Ameritrade’s expertise and can realize your financial goals easily.
Ameritrade offers easy solutions for new traders with little trading plans. As the commissions for purchase or sale of shares remains same for any number of shares, you can benefit through bulk purchases. However, if you buy shares in lots of hundreds, then you pay higher commissions.
Ameritrade offers basic level quotes free through charting programs like QuoteTracker. NASDAQ level 2 quotes are available at US$9.99 at Ameritrade. Since 1999, Ameritrade offers extended trading hours. Ameritrade Online Investor Index™ helps identify online investor behavior pattern. Express Account Opening at Ameritrade does away with paperwork in opening of accounts. Ameritrade Apex is an elite program for active traders’ debuts. QuoteScope is another recent tool at Ameritrade. You can come across new and flexible trading solutions like Trade Triggers and SnapTicket at the web site of Ameritrade.
However, Ameritrade’s web site lacks content about different stocks, mutual funds, etc. Although they offer links to different web sites, they do not have any information or research centers of their own. They do not offer any recommendations about different stocks to investors. Charts display basic and simple options with low priority levels.
Customer Reviews for Ameritrade:
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