Brokers policy towards systems breakdown

Discussion in 'Retail Brokers' started by ADX_trader, Aug 28, 2002.

  1. After watching the show "IB system breakdown" today, I am sure many other brokers also have such problem. Does anyone know other brokers policy towards systems breakdown? Will they pay for damage?
  2. Liability for systems breakdown. Higly unlikely. Check out the fine print of your agreemtns.
  3. doher


    Yeah - check all 33 freakin' pages of that - one sided BS user agreement

    Planning on funding my account this week

    Obviously having reservations

    Anyone know of a broker with cheap commissions for us- discriminated Canadian futures traders.


    screwed by -Canadian -regulators and banks-what a country.
  4. SwiftTrade makes you pay everything...scammers
  5. If you do not like the system breakdown policy, you could always take your business to another broker. Or, you could just save up enough money and purchase a seat on the exchange yourself. No pesky broker systems to deal with then.