Datek Online

Pros: quick trades, small commission, many features
Cons: glues you to your seat

Bloodhounds? Actually, I'm talking about tracking. Stock tracking!

Last year, my husband and I decided to sign up for Datek Online. At the time, we chose NOT to sign up for "day trading" but only for the use of their "streamer" option. We...

Pros: Simple interface, decent execution
Cons: Little hand-holding if you need it

Datek has been excellent for me. I checked out all the major online brokers before deciding; I also have an E*Trade account because my company uses their OptionsLink interface for stock options, so though I have never done any trading with it I was able...

Pros: can get NASDAQ bb stocks, fast website, great customer service
Cons: getting your password set is a BIG PAIN

Note 1/31/02

I closed my Datek account last year since they imposed a mandatory minimum $15/month charge on accounts less than $5000 in addition to their normal tradining fees.

Now back to the original review.....

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Pros: Low Commissions, Fast Service, Easy to Setup and Access, Lots of Features
Cons: Customer Service mostly Database Driven, Could Expand Depth/Breadth of Offerings

As one of the myriad of online brokers, Datek does indeed stand out from the crowd. A low $9.99 per order commission, a host of free and useful services, and a simple interface combine to create a truly great online trading experience. However, befor ...

Pros: Inexpensive, quick trades
Cons: Poor customer service, technical glitches

On paper, Datek Online simply the best online brokerage for the average stock trader. I signed up because I was lured by it's technology and promise that trades would be executed within 60 seconds. Since then, I have had several unpleasant experiences...

Pros: Representation via Island ECN; Unique features; Real-time available funds updates
Cons: Service sometimes slow/unavailable during a busy market; no options trading

I have to admit that I originally signed up for Datek because it was the cheapest of the major online brokers. But I've stayed with it for the past two years because of the functionality it offers. Despite being exposed to several other online...

Pros: Cheap, Stock Streamer
Cons: No options

I feel Datek Online is one of the better online brokerages. It has cheap trades at $9.99, average research, instant account updates, and fast transaction speed. I've been using Datek for about 2 years and don't have many complaints with the service. I...

Pros: Low commission, quick execution, and it improves its service gradully.
Cons: Takes a long time to deposit, not as informative as other brokers do.

Just like cars, so are online brokers, what is best for one might not be the same to another. Hence, before choosing the online broker, you must think about what you really need. For me, I don't have huge amount of idle money to put into stock...

Pros: clean site, good support
Cons: none so far

I've had a Datek account for a few years now -- was initially attracted to it by the fact that it had the lowest per-trade rates. A while back, I got lured into switching to E*Trade (it was those frequent-flyer miles, that's what did it) -- within a...

Pros: Quick, cheap trades
Cons: What's customer support?

Not too many years ago I began my fateful
dive into investing. Online trading was available
at the time, however, I didn't truly trust my
personal financial information to be posted on the
internet. (I still won't give out my...

Pros: Ease of use, Low cost, Immediate Confirmation
Cons: Trading is a little too easy.. could be dangerous

As one of the most frugal people I know, I research the heck out of all items our family buys, so naturally, the Online Brokerage we chose would have to be superior. After all, where better to save money, than with a money maker?

Having read...

Pros: It's Fast, It's Cheap, Great Service, Excellent Features
Cons: Service is So Good, Makes You Invest (Gamble) More

Datek Online is the best online brokerage. Period.

For people that need further explanation, here are my reasons why:

(1) FAST ORDER EXECUTION. It's very fast. This is especially important if you do market orders. Also...

Pros: some improvements
Cons: still far short of what you should expect

Introduction
I wrote an earlier review of this privately-owned, online trading company and it wasn't all that complementary. What's happened since then?

Well, not much except more bad experiences, some response improvement and...

Pros: Features that are useful and an interface that is simple to negotiate.
Cons: Trading on the bulletin board is not allowed at this time.

Datek.com is one of the most feature-filled sites for the self-propelled trader on the internet. Of all of the discount sites offering many free investor research tools, Datek gives you great access to a good variety of information and an ease of...

Pros: Price, streaming quotes, real time account information
Cons: hard to log on during peak times

I have tried several internet brokers and Datek is simply the best, no question about it.
The best perk is the streaming quotes. This features a window with the stocks that you select.
It constantly updates with information of your...