Any experiences with Brokerage America?

any feedback on fill speed, reliability, etc.

www.brokerageamerica.com

Yeah, it's not direct access but no where else to post it.

 

"Comission free market orders..."

You know... it just doesn't sound right.

 

We talked about it a year ago run some searches.

To sum it up they charge for limit orders and sell your paper on market orders, not direct access.

Robert

 

here's from the BBB, which isn't that bad:

Local Phone Number: (866)228-7233
Fax Number: (212)949 6877
TOB Classification: STOCK & BOND BROKERS


The information in this report has either been provided by the company, or has been compiled by the Bureau from other sources.

Customer Experience

The Bureau has requested basic information from this company. The Bureau has not received a response.

The company's size, volume of business, and number of transactions may have a bearing on the number complaints received by the BBB. The number of complaints filed against a company may not be as important as the type of complaints, and how the company handled them. The BBB generally does not pass judgement on the validity of complaints filed.

Closed Complaints
Total number of complaints processed by the BBB in last 36 months: 1
Total number of complaints processed by the BBB in last 12 months: 1

Complaints Concerned (Please understand that complaints may concern more than one issue)
Delivery Issues: 1

Outcome of all complaints
Full Adjustment: 1



Report as of: 9/10/2002

 

FWIW - Brokerage America is or is owned by market making firm Andrew Garrett.

 

Considered them for a swing trade account.

Decided not to because commission isn't the main thing
for swing.

Wondered if I might get fills like thier customer service phone-too slow????????????????????????????????

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Star wars trend-''The stars in thier courses [spheres] fought''

 

They are Brand-X Brokerage, with no technology of their own. Everything they have is rented form somebody else: Crearing, execution, routing, safekeeping & custody. What do you really expect for a firm like this? THey just looking for a way to nickle and dime you, while watching their margins. Too bad, they are too late, party's over, booze is gone and the bubble has burst.