Discount Brokerage


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surtalme   
Member since: Nov 04
Posts: 82
Location: ontario

Post ID: #PID Posted on: 23-01-08 08:16:34

Can anyone recommend a good online Discount Brokerage which is not expensive. Right now i'm using TD Waterhouse and they charge $29 for every stock trade.



newboyo   
Member since: Nov 05
Posts: 253
Location: TO

Post ID: #PID Posted on: 23-01-08 08:20:14

You could check interactive Brokers Canada or Think or Swim, Canada



Iceberg   
Member since: May 05
Posts: 919
Location: GTA and beyond

Post ID: #PID Posted on: 23-01-08 08:45:36

I am in the process of opening one with Questrade. The comm. is $4.95 per trade for 500 shares and 1c per share thereafter OR $9.95 flat for any number of shares. That is real low low. They also allow an RRSP without annual admin fees and also offer a RRSP in USD (if you are in US stocks).

Questrade is at http://www.questrade.com/

If you plan to open an account just let me know. You can give my referral and I get $100 worth of free trades and you get $50 worth of free trades.



surtalme   
Member since: Nov 04
Posts: 82
Location: ontario

Post ID: #PID Posted on: 23-01-08 08:49:34

Quote:
Originally posted by Iceberg

I am in the process of opening one with Questrade. The comm. is $4.95 per trade for 500 shares and 1c per share thereafter OR $9.95 flat for any number of shares. That is real low low. They also allow an RRSP without annual admin fees and also offer a RRSP in USD (if you are in US stocks).

Questrade is at http://www.questrade.com/

If you plan to open an account just let me know. You can give my referral and I get $100 worth of free trades and you get $50 worth of free trades.



Is Questrade good? Any downside with them? How do you fund the account with them? (Can I transfer money online from my TD bank account to Questrade account).

I can give your reference. PM me details. Thanks.



Iceberg   
Member since: May 05
Posts: 919
Location: GTA and beyond

Post ID: #PID Posted on: 23-01-08 08:54:15

I am in the process so as soon as it is open and I fund it I shall send you a PM. You can fund the account from any third party bank through EFT (bill payment).


Quote:
Originally posted by surtalme

Quote:
Originally posted by Iceberg

I am in the process of opening one with Questrade. The comm. is $4.95 per trade for 500 shares and 1c per share thereafter OR $9.95 flat for any number of shares. That is real low low. They also allow an RRSP without annual admin fees and also offer a RRSP in USD (if you are in US stocks).

Questrade is at http://www.questrade.com/

If you plan to open an account just let me know. You can give my referral and I get $100 worth of free trades and you get $50 worth of free trades.



Is Questrade good? Any downside with them? How do you fund the account with them? (Can I transfer money online from my TD bank account to Questrade account).

I can give your reference. PM me details. Thanks.





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