Time Is Money Low rates and quick executions are their chief attributes.
Favorites with day traders and aggressive investors, these two sites score well when it comes to the essentials, though they lack the breadth of more traditional, full-service brokerages. Well-known for its promise to waive commissions on any trade that isn't executed within 60 seconds, the firm has the advantage of a trading system created just for the Net. But they have access to only 100 free real-time stock quotes a day, while Datek provides free unlimited access to continuously updated prices. Both sites are streamlined and frills-free. Both have similar application processes, which can be completed in eight or nine steps, but you almost need a lawyer's guidance to do so.