A quick note that I am about to close my AmeriTrade account in the next five days.
I opened this account back in December 2002 to took advantage of a $75 new account bonus offer. In the last 18 months, I actually only made two transactions on RJR in this account (1 and 2) and they turned out to be a highly profitable roundtrip. Since I also have other accounts and it is a bit complicated to manage multiple accounts, I decided to have this account closed.
Actually, I still have another account at AmeriTrade as a result of the Datek-AmeriTrade merger. That account continues to be my primary trading account in after-tax investments.
Make no mistake, I still think AmeriTrade represents great value to DIY personal investors like me. It offers enough resources, as well as a flexible and cheap trading platform. If you want to join, AmeriTrade is offering various promotions for different initial deposit levels.