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Subject:  Best Bond Broker? Date:  7/9/2013  10:25 AM
Author:  just1trader Number:  35008 of 35576

Who is the best bond broker?

That depends, of course, on what features and services are important to you. If ‘customer service’ is what matters most, then Zions Direct is clearly the best. The person who answers the phone is typically the person who will answer your questions and take care of your problems. That has been my experience for the past ten years, not that I call often. But when I do call, my questions are always answered.

As far as the other details -- such as to how much inventory they make available, the prices they quote, and the commission they charge -- they do as well or better than their competitors. Plus, they are one of the few bond brokers that make it possible to download into a spreadsheet the output of a bond search engine.

No, I’m not being paid to run a brag on Zions. Just the opposite. I’m pulling money from them, because E*Trade offered me $1,500 to move my IRA to them instead (and I know from inside sources that “special awards” of $1,000 aren’t unusual).

Business is business. So I’m moving the account. But I think Zions deserves