Possible Etrade Fraud

Discussion in 'Interactive Brokers' started by tradingbug, Jun 10, 2005.

  1. I started with a smalll 1000 deposite and quickly bought intel and sirius stock (my mistake...should have waited) anyways yesterday I looged on to find that my account was emtpy. THey had closed it. My question is. Did they sell my stock? Or do i still own it and have to call for my certificates? I only had $100 in cash in my account. I can deal with tha loss but if they sold my stock and have no plans of returning my money they will have one angry person on their hands.
     
    #201     Feb 17, 2006
  2. What did they say when you called them?
     
    #202     Feb 17, 2006
  3. i was on hold until my battery died...trying again right now....charger is plugged in this time
     
    #203     Feb 17, 2006
  4. GTC

    GTC

    xinfamousxalias, Hope you got your account problem straightened out. Once you can get rid of Etrade, you might want to consider IB (if you like per share pricing) or RML Trading ($2.95/ trade +/- ECN rebates). Their commissions are much better than Etrade's $12.99 (up to 2000 shares) per trade.
     
    #204     Feb 18, 2006
  5. Thanks, it turns out that it was because my address didnt match some record...which is very likely. Could I get the full website urls for those? Thanks. Also does etrade charge to get my account transfered to somebody else? I may need some help gettin it done (not so web savvy)
     
    #205     Feb 18, 2006
  6. GTC

    GTC

    Here is the full URL for Interactive Brokers:
    http://www.interactivebrokers.com

    The other one is rmltrading.com which has both per share and per trade pricing. You can view the details of the $2.95/trade deal in quotetracker.com if you follow the link for RML on the left hand side. You can also use the search feature on ET to find out more about different brokers. For example:
    http://www.elitetrader.com/br/?action=view&R_FirmID=43
    http://www.elitetrader.com/vb/showthread.php?s=&postid=916890&highlight=RML#post916890

    Etrade currently charges $25 for partial transfer and $60 for full transfer according to their site.
     
    #206     Feb 18, 2006
  7. nonam

    nonam

    Further to mt question "is it safe to use google to take me to my online bank"
    Apparently at least two members think this is bad and apparently its so dumb it doesnt rate any explanation.
    My thinking was ,if you bookmark your bank site,anyone who gains access to your puter will know where you bank for a start.There is no evidence in my puter about my bank and I use crap cleaner after every session.I have google bookmarked and a criminal would have to do a lot of work to get this to lead me to a fake google site and they still have no clue what my search request will be .
    I also have win patrol installed.
    But I admit I am pretty dumb compared to the average member.
     
    #207     Feb 21, 2006
  8. chisel

    chisel

    If this is old news, I hadn't seen it:

    "Arriving home from a five-week trip to Belgium and India on Aug. 14, a jet-lagged Korukonda L. Murty picked up his mail – and got the shock of his life. Two monthly statements from online brokerage E*Trade Financial Corp. showed that securities worth $174,000 – the bulk of his and his wife's savings – had vanished."

    http://www.investing-news.com/artman/publish/article_1460.shtml
     
    #208     Mar 3, 2006
  9. Although this method looks dummy, you should get what you need (provided that you do access to Google official website :D ).

    The reason is, according to Google Search, the official website should always rank top when you search for its company name as it places special weighting on these websites for these kinds of search. Just make sure you just click the very first result in the first page.

    However it is no guarantee that Google Search will not make a mistake and come up with the first result which happen not to be the official website.

    A much better approach is to get the URL of the website from reliable sources like in your bank's local branch.

    As to the bookmark issue, if you are really worried about hackers reading your bookmarks, you could always try to bookmark more than necessary :). If you only use HSBC, you can bookmark Bank of America and others as well.

    Also don't save any password or important/sensitive data on your computer. Computer is not the safe place to store such vital information.

    When you type your password, try to use the following precautions, including:
    - type by screen keyboard
    - copy-and-paste some of the character (instead of just typing)
    - type the password in weird order by the use of mouse (eg if your password is "asg458", type "sg4" first. Then place your pointer by mouse [NOT arrow keys] before the word "s" & type "a". Then place your pointer at the end and type "458". For keyloggers which monitor keyboards only, the hacker will never realise you type your password in such a strange way.

    For a hacker to steal your password correctly, it has to record your monitor, clipboard, mouse & keyboard. The simple precautions make password stealing much harder than ever. :)
     
    #209     Apr 28, 2006
  10. murky

    murky

    I think this is a false sense of security. If someone can put a keylogger on your system, then someone can put software that logs all form inputs in your browser. I am pretty sure this can be done at multiple levels with or without the use of HTTPS.

    Something related to this: botnets used for spamming and denial of services are sometimes created with malware that is not caught by anti-spyware or anti-virus software. Malware authors create custom code and insert it into specific software downloaded from sites like shareware/freeware/crack sites. If you are executing software downloaded from sites where you cannot verify trust (e.g. no cryptographic signature), you are vulnerable and a negative result from anti-virus software is giving you a false sense of security. This type of malware will often turn itself off if it detects application firewalls that it cannot bypass.

    I'm not advocating anything except knowing the risks you are taking.
     
    #210     Apr 29, 2006