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 AllanP |
| Wednesday, September 7, 2005, 11:37:10am |
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I am interested in what other Canadians have to say about discount brokerages in Canada. I have been with Ameritrade Canada however, they have been taken over by TD Waterhouse. I'm sure I'll lose my $10.95 trades once this takes effect. I am considering Questrade; any thoughts?
Regards, Allan |
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| krill |
| Wednesday, September 7, 2005, 11:45:48am |
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 OTC stocks are for trading imo not 'investing'. ProfessionalsModerator Posts
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Great topic Allan....my "discount" broker charges about $25 per trade.... |
| Come and join me in "THE SWAMP", the OTC swamp that is. Help me identify which stocks have the postential for BIG GAINS before the industry hacks start pumping and dumping them. DON'T GET SCAMMED, GET SMART!!!http://www.investorsparadise.com/c-Krill/ |
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| Seth |
| Wednesday, September 7, 2005, 2:43:36pm |
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I have tdwaterhouse, and they charge about $28 a trade. |
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| AllanP |
| Wednesday, September 7, 2005, 2:46:56pm |
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Is that for any size trade? |
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| popeye |
| Wednesday, September 7, 2005, 3:13:58pm |
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I trade on line with Penntrade. The fee is $29.95 per trade with every tenth trade free. I trade Canadian stocks as well as US equally easy. |
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| popeye |
| Wednesday, September 7, 2005, 3:16:39pm |
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I should have mentioned that is with any size trade and any stock as well as pink sheets. The actual cost comes to about $26.95 per trade whan you start getting the free trade. |
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| AllanP |
| Wednesday, September 7, 2005, 7:36:16pm |
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Are you satisfied with them? Questrade is actually Canadian and offer $10.95 (may even be $9.95) for any size trade. With them being Canadian you are not restricted to the daytrading rule. For a margin account you only need $2000.00 to open an account. The only negatives that I can discover so far is that level 2 isn't free and the Firefox Browser isn't accepted. I just sent the paperwork in to Questrade so hope for the best.
Regards, Allan |
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| Seth |
| Friday, September 9, 2005, 11:13:40am |
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Quoted from AllanP
Is that for any size trade?
yes it is unfortunately. Seth |
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| AllanP |
| Friday, September 30, 2005, 9:34:28am |
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Forget Questrade/ Very misleading. They say $9.95 per trade but then they add on 1/2cent they say is charged by whoever bought/sold the shares like Schwab. I'm totally freaked out with this.  |
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| PAN999 |
| Monday, October 3, 2005, 4:49:31pm |
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I have the same problem. I have Brown & Co stock brokerage, I pay $10 for 5000 shares limit. which is just right for me
but they are being bought out by Etrade, I looked at their prices and it will cost $68 for the same trade. I was looking at
ameritrade but you said it is being purchased bytd-waterhouse.
E-Trade= $19.99 for trade + $3 fee + 1.5 cents for each share over 2000.
So I need a new brokerage in the USA. They will need to take all my accounts. IRA, ROTH, CASH.
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| PAN999 |
| Tuesday, October 4, 2005, 10:39:24pm |
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To AllenP: PennTrade allows use of firefox browser. I think i will move my accounts over to PennTrade. |
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