Datek Complaint - unapproved sale of stock shares

Review by maurynnak on 2002-12-26
Beware of Datek online. They have your typical bank fees for not having enough money in your account - I've never understood this concept - it's just a way for bankers to line their pockets even more, it's not enough that they're actually borrowing your money to make more money on, they need more more more.

Well - due to this my account balance got too low, and when this happens, Datek WILL liquidate your stock without notifying you. I lost thousands!

I am working on transferring all of my funds out of that account and I will never use them again!
Comments:1 Replies - Latest reply on 2003-01-28
Posted by Anonymous on 2003-01-28:
since you had problems with e-trade and now datek, the smart thing to do would be to take your money to a trader, rather than doing it yourself. obviously, you are not competent to do it yourself.

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