2008 Contributor
OnlineBrokerReview
Hoboken, NJ
BOA is just not ready for prime time
2 star rating

an moderate investor
Pros

    charts are nice

Cons
    registration process, Poor customer service, Too big to care, Incompetent

DEC
21
2008

Bank of America  — 

Bank of America Investment Services is not recommended

The registration process needs a major overhaul and trade execution and research tools are nothing special. Commissions and fees vary widely depending on a number of factors. On top of this, I personally had an exceptionally poor customer service experience with the bank. Stay away from Bank of America Investment Services.


Registration ........................................................................................... D
Stock Trading ........................................................................................ C
Charts .................................................................................................... B
Research Tools ...................................................................................... C
Commissions and Fees (Pass/Fail) ... Pass, for those that qualify for $10 stock trades, do not trade options and are exempt from paying the general account fee

Read my full review of Bank of America Investment Services and other major online brokers at http://onlinebrokerreview.blogspot.com/

Last edited on Dec 08, 2009



I_thumb_down Bank of America is not recommended by OnlineBrokerReview

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