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Posted On: 02/11/2020 1:36:26 PM
Post# of 86220
Re: computerguy101 #20368
It's a travesty of justice. They are here to facilitate customer's orders, but they insist on wasting our time and hindering our trading decisions. When you want to put in an order, you want it in NOW, right?
TDA has no restriction, but they take forever to clear ACH transfers, and on new accounts they find any reason to hold it up longer.
So pay wire fees for instant powder on TDA, or miss half your buy targets while you wait for etrade to finish their coffee and donuts and put in your order.
There's others like Schwab and IB, but I don't know their details like I do these other two.
I think Schwab had a 1M share per order limit last I checked, and that's why I never opened an account with them.
TDA has no restriction, but they take forever to clear ACH transfers, and on new accounts they find any reason to hold it up longer.
So pay wire fees for instant powder on TDA, or miss half your buy targets while you wait for etrade to finish their coffee and donuts and put in your order.
There's others like Schwab and IB, but I don't know their details like I do these other two.
I think Schwab had a 1M share per order limit last I checked, and that's why I never opened an account with them.
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