Before I provide my opinion on ST, I need to inform you of a few things I do not use ST for:
1. Shorting.
I rarely short. Other reviews have stated with mixed opinion if ST is good for finding shares to short. No comment from me.
2. Options, Futures, Forex, etc..
I trade stocks, nothing more. Again, I can't comment on whether ST is good for anything other than trading stocks.
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With that being said, here are the best features - in my opinion - about ST:
1. Customer Service.
Whether it is live chat or e-mail, I get a reply within 24 hours. Sometimes within minutes. ST has not yet disappointed me with their CS. If they have, I wouldn't be writing this.
2. Matching commission costs, ACAT fee, ECN rebate.
My previous brokerage was Just2Trade. J2T charges 2.50/per trade and $50 for ACATs (outgoing). I informed Maria/Craig at ST about this and whether they would offer to match the 2.50/per trade and cover the ACAT. Craig agreed to both. (I've only used ST for 2 weeks, so the ACAT fee hasn't been refunded yet)
3. DAS Trader/Platform + Waived software fee (if you generate commissions equal to or greater than the total amount of fees that month)
With my commission fee being 2.50/per trade, the only thing I have to worry about is platform/software fees. Since I am an active trader, I essentially get it for free.
Overview:
Great CS, low commissions, free software/platform (I generate enough in commissions)... what else is there?
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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