Internaxx or etrade?
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Internaxx or etrade?

 
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billion
horse trader
horse trader

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Joined: 10 May 2008
Posts: 103

internaxx or etrade?

Posted on Sun 11 May 2008 18:21 by billion
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Hello everyone,
Any suggestions on what trading service I should choose from to trade in international markets, after my humble research I am considering etrade.com or internaxx.lu ... Rolling Eyes

(I only trade in UAE markets, and maybe soon in other GCC markets.)

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vip_seifi
profiteer
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Joined: 24 Apr 2008
Posts: 79

etrade.com

Posted on Sun 11 May 2008 20:49 by vip_seifi
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I haven't used etrade.com but my cauzins use their services and r quite happy so far (more den a year) n etrade also has an office in DIFC

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billion
horse trader
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Joined: 10 May 2008
Posts: 103

Posted on Mon 12 May 2008 00:37 by billion
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Vip, Thank you for the feedback,

But, a couple of months ago, I called etrade inquiring about alibaba.com IPO in Hongkong market, even though etrade has offices in Hongkong. They told me my Dubai account would only allow trading in U.S. stocks and if I wanted to buy shares in Hongkong I would have to open another account with etrade in Hongkong. Which made me back off etrade at that time...

Where as internaxx.lu offers, according to them, trading in more than 15 markets using one account:

Internaxx:
Internaxx provides international investors with access to shares from all the major exchanges.

Equities from more than 15 exchanges in North America, Europe and Asia can be traded real-time, online and by telephone from 8.00 to 22.00 CET.

North America
New York (NYSE, Nasdaq, Amex)
Toronto (TSE)
Europe
Frankfurt (Xetra)
Euronext Paris
London (LSE, AIM)
Euronext Amsterdam
Euronext Brussels
Madrid (IBEX)
Zurich (SWX)
Stockholm (SX)
Milan
Asia*
Singapore (SGX)
Hong Kong (HKEX)
Australia (ASX)
You can place, without any additional charges, different types of orders: market orders, limit orders, stop loss orders (only on US, UK, Canadian, Euronext and Xetra markets).

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sharewadi
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Joined: 19 Aug 2005
Posts: 13276
Location: up the wadi without a paddle

internaxx.lu

Posted on Mon 12 May 2008 10:17 by sharewadi
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Here's an earlier topic with some information about internaxx that may be of interest Smile.
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Internaxx user
pauper



Joined: 20 Nov 2009
Posts: 1

Re: internaxx.lu

Posted on Sun 22 Nov 2009 20:44 by Internaxx user
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I would not trade using Internaxx. Their services and support is very bad and their systems trading US markets often break down. They are not very truthful about their execution capabilities and from most of the other trading systems I use I would not rate them highly. I have slowed down the trading on them and am looking for other better options.

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