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Thread: Discount Brokers?????

  1. #1
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    Default Discount Brokers?????

    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?


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    I use TD waterhouse for all of my transactions. $29.99 a trade (buy or sell).

    Nice signature, btw.
    Original Post NAZI Moderated


    Originally posted by r3cc0s
    Felon or Mistermeiner

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    i use bmoinvesterline, 25 bucks for a market order, 29 for a limit/special terms order

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    Default Cheap online brokers

    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?



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    Default Re: Cheap online brokers

    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.
    Original Post NAZI Moderated


    Originally posted by r3cc0s
    Felon or Mistermeiner

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    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.

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    Default Re: Re: Cheap online brokers

    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)

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    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.

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    Default Online Brokers

    What about online brokers. Do it yourself ones?
    Has anyone used Credential Direct? or questtrade? its $9.95 a trade.

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    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.

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    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?

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    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?

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