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View Full Version : Discount Brokers?????



lilqt23
01-13-2005, 04:12 PM
Does anyone do stock trading on the TSX and Alberta Venture only? I was wondering what is a good dicsount broker to use? is it good to go with a bank like td waterhouse? Are there cheaper ones that charge like $10 a transaction?

:banghead: :devil: :dunno:

Weapon_R
01-13-2005, 04:15 PM
I use TD waterhouse for all of my transactions. $29.99 a trade (buy or sell).

Nice signature, btw.

2002civic
01-13-2005, 05:12 PM
i use bmoinvesterline, 25 bucks for a market order, 29 for a limit/special terms order

lilqt23
01-14-2005, 11:46 AM
Is there any cheap online discount brokers for like $15 or less a transaction?

Do you just go to td waterhouse (i konw this is a dumb Q) and sign up? is there an account fee? does it charge for transfering money?

Does anyone else use discount brokers?


:banghead: :devil: :dunno:

Weapon_R
01-14-2005, 12:08 PM
Originally posted by lilqt23
Is there any cheap online discount brokers for like $15 or less a transaction?

Do you just go to td waterhouse (i konw this is a dumb Q) and sign up? is there an account fee? does it charge for transfering money?

Does anyone else use discount brokers?


You have to go into a branch to set up an account, and you can deposit cash into the account right there.

There is a $15 non-activity fee after every 3 months I believe. If you continue activity, there is no fee.

If you find a broker for $15/less for CDN customers, let me know.

89coupe
01-14-2005, 12:16 PM
I use TD Waterhouse and Action Direct. You don't have to go into the branch to setup an account. You can do it right on-line.

roopi
01-14-2005, 01:05 PM
Originally posted by Weapon_R


You have to go into a branch to set up an account, and you can deposit cash into the account right there.

There is a $15 non-activity fee after every 3 months I believe. If you continue activity, there is no fee.

If you find a broker for $15/less for CDN customers, let me know.

I think if you take online statements instead of paper statements they waive the inactivity fee (not sure but something you may want to look into)

ehos
01-14-2005, 01:22 PM
You can get very cheap trades if you have 25,000+ in account.
or very good credit. (Mostly American online trading).

Also, did you check out E-Trade (.ca) they are good/cheap.

BUT, if you have around 20K or want to keep close tabs of your money, TD is worth the peace of mind.

lilqt23
01-14-2005, 01:46 PM
What about online brokers. Do it yourself ones?
Has anyone used Credential Direct? or questtrade? its $9.95 a trade.

89coupe
01-14-2005, 02:38 PM
That is what TD Waterhouse and Action direct is. Online do-it yourself. They charge a small fee for making the transaction. You do all the bidding and asking yourself. They charge anywhere from $30 to $75 a transaction, depending on the size of the bid or sell.

lilqt23
01-17-2005, 11:41 AM
Has anyone traded with Sharebuilder?http://www.sharebuilder.com/about_us/new/welcome.htm

Is TD waterhouse just the best one to go for? do i open an account online? is there a minimum balance required?

Do u have a link?

lilqt23
01-17-2005, 11:45 AM
Does anyone know a good website to look at the TSX stock tikker? Also, is it helpful to use the software out there to build your portfoilio?

Im gonna start trading now. Any hot stock tips?
I know about NV coal mines, petrokazak, Venetrex, Aber diamonds.... any others?
:dunno: