Comments on: Discount Broker Review #1 - TD WaterHouse Web Broker Trading Platform Is Outdated, Active Trader Fee Is Ridiculous Compared To Competitors

by: Quotes tdwaterhouse | Syr21

Fri, 03 Jun 2011 11:53:22 +0000

[…] MoneyAccumulator.com » Blog Archive » Discount Broker Review #1 -There is even no real-time quotes watchlist and no advance charting. TD Web Broker is still in the dark ages. … I have LEVEL II Options Quotes and I know when my orders hit the exchange when I use my OptionsXpress.ca account. […]

by: sdc

Sat, 16 Apr 2011 15:42:43 +0000

This is an interesting article, however, it is four years old now… which is also about the time period that I stopped trading. I would like to get back into trading again so my questions are: Is TD Waterhouse still this bad and are the alternative recommendations still valid.

Additionally, can anyone recommend stand-alone stock trading software that connects to a Canadian trader?

===================================

Hi SDC,
TD Waterhouse today has improved somewhat…however TD Waterhouse still has the most expensive commission structures for non-active traders. $29 per trade, if you trade over a certain amount in a quarter (3 months) than the commission goes down to $9.99 or cheaper. You should really check out what the charge nowadays, and the restrictions.
Alternative for Canadian investors are Scotia iTrade (use to be E-Trade.ca) , QuestTrade.ca and OptionsXpress.ca check those out they do offer more competitive commissions and some offer much better platform.

by Das Brain

by: Inventory Management Software

Fri, 21 Jan 2011 05:12:15 +0000

Thanks for sharing your post and it was superb .I would like to hear more from you in future too.

by: Fedup

Sun, 09 Jan 2011 20:02:54 +0000

Like wise…I too am fed up and had about all I can take from TD. Commission fees, trading platform, exchanges , login problems….the whole thing stinks, but what do you expect from a “bank”. I am in the process of moving over to credintial direct…mostly for the leve 2, $9 commission fees, if you are at 149 trades instead on 150 they wont’ say “too bad”. I recommend everyone transfer their postions out of TD Webbroker.

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Thu, 09 Sep 2010 04:22:17 +0000

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Mon, 23 Aug 2010 06:00:39 +0000

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by: Jeff D

Thu, 28 Jan 2010 17:34:31 +0000

I’ve been a loyal client of TD and Active Trader Plus with daily trading activity. I like the response time real time has to offer moved away from the web based platform of TD and HSBC. HSBC took for ever to make a trade and by then the opportunity was gone. I enjoy TD Active Trader for this reason and timing of trades in a sudden downturn is critical for me. BUT, BUT, BUT - the TD platform is unstable, unreliable and very difficult to log on at the start of the day and when I use my laptop. I’ve gone through some fixes suggersted by TD support, but they are very limited in resolving the issues. The plaform is still very unstable and needs a lot of work. AND - they expect to charge for it if you fall under the minimum trades, which I did for two months - WOW - thats an insult. It takes too long to work with another plaform only to find it has separate issues, so I would like TD to fix theirs. Unfortunately, reality suggests I’m betting on a lame horse. TD - you are now on notice. I hope you come through because I’m looking.

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Sun, 10 Jan 2010 13:00:43 +0000

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