DLJ Direct

DLJ Direct > Reviews > What I think of DLj-Direct

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What I think of DLj-Direct
A review by XTHINKERAL on DLJ Direct
March 1st, 2001


Author's product rating:   DLJ Direct - rated by XTHINKERAL

Competitiveness of charges Poor 
Coverage of national/international markets Average 
Online - Content/organization of site Poor 
Online - Reliability/speed of site Average 
Online - Ease of applying for products Average 
Online - Investment tracking Good 

Advantages: reliable service, always able too place an order, nominee
Disadvantages: More expensive than the competition, No level2 orders, not able too short etc

Recommend to potential buyers: yes 

Full review
I began using DLJ-direct back in 1999. They offered me a month of commision free trading. This was great, almost like heaven, and I was able too turn a couple of thousand into several thousand in no time.
However, after a while of getting used too the minimum commision of £14.95 .. more if its about £1500+ your dealing with. Your trades started too look expensive when you compare them too the many brokers that now offer £5-£10 dealing rates..
Since 1999 Dlj-direct's service has been very good and they offer a good rate of interest on deposits.
However since 1999 the only noticable feature they have added too there service in all that time is a new-issues centre enabling you take part in a selected number of IPO's.
Not good... really... The client deserves more features.. The ability too go short would be great like CFD trading (not spread betting).
And putting an order on a level 2 screen would be a good start aswell..
Also live prices so you don't have too go else where.. And level2 would be even better...
DLJ started off well, but seems slack by 2001 standards
happy trading 
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More details
Service accessibility Good 
Staff courtesy/helpfulness Good 
Quality of advice Average 

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