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Friday, June 04, 2004

EZ Trade (not!)

How do you explain not allowing a buy order because it's "unfunded"? Hello, orders are not supposed to be funded beforehand. We do that with phone cards and books from Amazon, but not with stocks. Ok, I admit, the credit risk can be scary if your client has no prior history and lives in another country. But is that the case? Hello!

I have always managed to pay. I live in the same country. I thought I knew these people. I have other stocks that could easily be collateral. This is a really stupid, stupid policy.

Are there other more customer friendly online brokers in the house?

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