i am in canada(yes Canada!!..Go Oilers) and i am using etrade currently, i am paying 9.99 a trade and i am doing about 20-25 trades a day. They are ok but not the greatest, and i wanted to find a nother company with cheaper commision and i really dont care for the customer service!
i called etrade today and they are willing to give me trades for 8.99, they say only 1 other person in all of etrade canada gets this rate(bull****) anyways does anyone here have any brokers they can reccomend to me
Any reccomendtions would help and i would really appreciate them
Thanks in advance!
Posted by money? on :
I use CHOICE TRADE . COM (all one word)
i have not had any trouble and it gets my buys and sell through in no time. and its $5.00 a trade
If someone knows better let me know. i want to know myself
Posted by ark on :
Super, I am using IB Canada, very satisfied and save a lot in commission.
For example I purchased today ATUX on your recommendation and bought 10k share and paid commission of $2.
ChoiceTrade kicks *ss dude. You can not beat their $5 flat fee charge for an unlimited amount of stock purchase or sale. Their customer service is awesome and they have never given me any problems... in the past 5 months at least...
Good luck
Posted by money? on :
now, that i told you about my secret. how about you hit me up with the next runner. doesnt have to be the p-xpress that is a 28 bagger, ill settle for a 3-10 bagger. haha
Posted by skipdeez on :
I like choicetrade. flat $5 trades, real-time quotes (L2's extra, but I use alphatrade for that), no account minimums, no percentage commissions on large trades, does pinks/otc, etc...
I have been with them over a year and have had no issues. They accept ACH deposits/withdrawals as well. Sounds like the $5 trades could save you some money my friend!
Posted by superman7 on :
Ark, IB Canada?? the etrade rep told me about that, wow only $2 thats super cheap thanks bro i am going to check that out, that kills etrades 8.99 that they want to give me
Thanks again
Posted by TheCreator on :
yeah i would say choicetrade also, lowtrades is good also, they have the same backend... but lowtrades doesn't work in canada i don't think.
Posted by superman7 on :
thanks guys Choicetrade . c o m also looks great thanks guys cant believe i missed all these..ETRADE SUCKS! lol
Posted by Disnat74 on :
www interactivebrokers ca
Posted by superman7 on :
ok thanks alot guys, well i am going to be alittle slow on this message baord now as the hurricanes and canadaians hockey game is on and i bet that the hurricanes would win the cup at the start of the year and if they do i win $3500. i doubt they will but what the hey i am still going to watch
i am still here, but only semi-here
Posted by letitrideboy on :
hey super my new man is my name here at hotmail dot com. Talk to ya after the game
Posted by dkinvest on :
Come on Superman, with the money you've been making lately, you can't afford 9.99 trades? What's next, bankruptcy?
lol
Posted by superman7 on :
lol Dk i know but when u get a statement saying u spent $50 000 in commisions on the given year it hurts and u want to do something about it
i could buy a nice car with that money instead if i go with a new broker
and i would love to be driving a dodge viper instead of the 2001 eclipse i am driving
Posted by letitrideboy on :
viper, only been my dream car for years! Almost pulled the trigger and got one more than once!
Posted by dkinvest on :
Well, you know what they say:
"It takes money to make money"
BTW, what is the short-term capital gains tax rate in Canada? Or don't you 'nucks file income tax?
GO FLAMES!!!!!!
Posted by superman7 on :
i wouldnt mind a Viper or a NSX i like both alot but yeah i dont really mind the eclipse either but yeah i would trade it for a shiney viper anytime
what a first period so far in the hockey game WOW
Posted by Repoman75 on :
Just remember one thing, commission fees aren't everything with a broker, especially with pinks. YOu have to understand how they route their orders. Like Ameritrade. They have relationships with some MM's.. so in some cases for some stocks, you do get better fills.
If you have a broker with no relationship with MM's for pinks, they can let your order sit and die on the vine.
Posted by letitrideboy on :
Viper is still the car to own in my honest opinion!! I do like the little lotus, not big on small engines!(I am one of those bloody americans who loves to burn gas lol) but the Lotus is very good looking and still fast. And at 45 to 50 grand it's a good buy
Posted by superman7 on :
Repo..yes that is important..good point!
quote:Originally posted by Repoman75: Just remember one thing, commission fees aren't everything with a broker, especially with pinks. YOu have to understand how they route their orders. Like Ameritrade. They have relationships with some MM's.. so in some cases for some stocks, you do get better fills.
If you have a broker with no relationship with MM's for pinks, they can let your order sit and die on the vine.
Posted by dkinvest on :
quote:Originally posted by letitrideboy: ....I am one of those bloody americans who loves to burn gas lol......
You're an ADDICT! (2006 BUSHISM)
LOL
Posted by letitrideboy on :
wooo hooo I will go out and buy 4 hummers tomorrow and add turbo chargers and Giant tires!
Posted by invester on :
Ya, me. Actually I got out of that game years ago, more money in Inv. Banking.
Posted by kt325ci on :
It's an Ameritrade company that offers $5 trades. I've been using it for a couple years now and has saved me a lot of money.
Posted by ark on :
Just wondering if a Canadian Citizen can open an account with a US brokerage choicetrade com and izone com? Can anyone confirm?
Posted by superman7 on :
Anyone watching the habs-canes game??
good game so far no?
Go HURRICANES!!
Posted by superman7 on :
Ark...etrade says no its illegal but i am not 100% sure, but i do think they are right
quote:Originally posted by ark: Just wondering if a Canadian Citizen can open an account with a US brokerage choicetrade com and izone com? Can anyone confirm?
Posted by dkinvest on :
quote:Originally posted by superman7: Anyone watching the habs-canes game??
good game so far no?
Go HURRICANES!!
No, I'm watching the Sabres spank the chit out of the Flyers. BUF 6 PHIL 1
Posted by superman7 on :
yeah i get the updates on the game and watch it when the hurrcanes and habs have an intermission(like right now) this is so embarrasing for the flyers...the sabres are for real!
i still think NJ wins it all...15 wins in a row
an if they win the cup i win $1050
so go NJ and Carolina, and ofcourse the oilers
but eversince i was 5 my favorite team has been the BLUES(dont ask me why) but this year i dont even want to talk about the blues but u know the playoff streak had to end some year, its just sad to see it end like this
anyways next year GO BLUES!!
Posted by dkinvest on :
quote:Originally posted by superman7: yeah i get the updates on the game and watch it when the hurrcanes and habs have an intermission(like right now) this is so embarrasing for the flyers...the sabres are for real!
i still think NJ wins it all...15 wins in a row
an if they win the cup i win $1050
so go NJ and Carolina, and ofcourse the oilers
but eversince i was 5 my favorite team has been the BLUES(dont ask me why) but this year i dont even want to talk about the blues but u know the playoff streak had to end some year, its just sad to see it end like this
anyways next year GO BLUES!!
Wow, imagine that -
Canadian likes American Teams & I, who is American, like a Canadian team - Go Flames!!!!
Although, I would like to see the Sabres win.
Posted by banger187 on :
Anyone know of a broker that allows shorting of penny stocks?
Posted by dkinvest on :
quote:Originally posted by banger187: Anyone know of a broker that allows shorting of penny stocks?
LOL - If I knew, I'd be stinkin rich.
Posted by Jo4321 on :
Are there any hidden fees with choicetrade? For example, with Scottrade there is some kind of 1/2 percentage fee and with Fidelity there are extra fees when you trade more than 1000 shares.
Jo
Posted by superman7 on :
what a game!! hurricanes and habs..wow anyone watch it??
awsome game especially since the canes won..its just too bad they have to play the devils
Posted by Jerry Medved on :
Canadian residents cannot open accounts with the US brokers. only if the broker has a branch in Canada. For example, Interactive Brokers has one. For CyberTrader, Canadians would use QuestTrade.
Posted by Apollyon on :
quote:Originally posted by Jo4321: Are there any hidden fees with choicetrade? For example, with Scottrade there is some kind of 1/2 percentage fee and with Fidelity there are extra fees when you trade more than 1000 shares.
Jo
Good question. After reading this thread it got me thinking (I have Scottrade and it is $7 trades plus .50 cents per hundred dollars with stocks under a $1). So what is the preferred online broker for US residents that beats Scottrade?
Posted by Jerry Medved on :