Hi all, Since i returned to trading after 15 years, my memory serving me to recalls all adventures i went throughout few years. Zoom trading. Datek MBtrading Global futures I traded with them, Are they still around ? And is there central source where traders can backtrack all their account details and daily trade summaries they did many years ago recorded ? Thanks
Mbtrading was one of the best cheapest platforms back in the day. I opened an account with them when they were charging 0.01 a share up to 500 shares which at the time was incredibly cheap compared to all other brokers. The other broker that came close to their pricing was Interactive brokers. So mbtrading was bought by trade king and then I believe allied investment bought trade king. I ended up closing the account after they started increasing brokerage fees and moved my account. So mbtrading was bought out. Did you use them back in the day?
Global futures. Do you mean MF Global? They went belly up about 10 years ago. The CEO lost on some very risk trades.
Datek I was with till 2002 ish I guess, got bought out by Ameriturd I think it was, TDAmeric or something, try your login code with them, they'd of been charging you in activity fees be warned.
So fed up with inactivity fees. Alot of these new fintech companies charge zero fees etc. But these old school banks and brokerages completely rip you off. I was being charged $2.50 a month for paper statements. And then another account I had that was inactive was being charged $5 a month. Amazing when these companies make billions off these fees while ripping their customers off
My Datek account got transferred to TDA: https://www.amtd.com/news-and-stori...d-Datek-Announce-Landmark-Merger/default.aspx
Account went negative from the $50 inactivity fees and was getting chasing letter until a few years ago for there fees, ignored them, left barely anything in the account.