Review of Datek Direct and Interactive Brokers

This week I review the two more brokers that offer programs for active traders, Datek and Interactive Brokers. I wrote about the beefed-up offerings for active traders at Schwab and Fidelity two weeks ago, and last week I wrote about the active-trader fare at TD Waterhouse and CSFBdirect (formerly DLJdirect).

Related Active Trader Columns

Fidelity's Powerstreet Pro v. Schwab's Velocity

Review of CSFBdirect MarketSpeed and TD Waterhouse Select

Direct-Access Treats at Mainstream Brokers

These last four brokers all are full-service, catering to lots of different types of investors. Their active trading platforms form part of an array of products that may also include bond trading, financial counseling, proprietary research and the like. ...