Firstrade

Discussion in 'Retail Brokers' started by ychow, Sep 22, 2006.

  1. ychow

    ychow

    Just a warning to traders considering this stock/options broker. Hidden 3-4 levels down in their website is the statement they 'may' hold your funds for 30 days after initial deposit. Turns out they *always* hold your initial funds for 30 days before you can withdraw the funds. It's not a reasonable policy. That's 30 days of interest-free usage by Firstrade of your funds without easy recourse.