Usacomplaints.com » Business & Finance » Complaint / Review: Tradedirect.com - Reckless Disposal Of an Investment Account. #366235

Complaint / Review
Tradedirect.com
Reckless Disposal Of an Investment Account

On 09-01-08 I entrusted Trade Direct with my portfolio of stocks, worth $153,0921 with assurance that all trades would be entered with "stop loss" provsions of 5%.

Today, less than two months later, this same portfolio is worth less than $15,000; they failed to use the "stop loss" provision and wiped out my entire portfolio of stocks.

This performance represents reckless handling of a stock portfolio, and although the portfolio was driven into the ground by Trade Direct, they took out their usual fees along the way.


Offender: Tradedirect.com

Country: USA   State: New York   City: Selden
Address: 701 Middle Country Road
Phone: 8008592240

Category: Business & Finance

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