On page 10 of the new issue it mentions online brokerage fees, but I
believe that it short changes Questrade which I have used for about 7
months. I am a small investor and still only pay $4.95 per trade, with no
requirements of 50 trades a month or $50,000 invested with them. So, I am
passing on my excellent experience with them. Low $4.95 fees for
stocks,(democratic pricing it calls it), Claymore ETF's DRIP and PACC
features are accepted, so say $50.00 a month from your account at the
bank is used to purchase additional shares with no brokerage fee's,
physical gold can be bought in all of their accounts including
registered,- mutual funds will have your trailer fees returned to you at
a certain level, which I'm not quite at yet, automatic dividend
reinvestment is available to be applied for, etc. Hey! does it sound like
I like Questrade? I started with Scotia Direct Investing back about 2000,
not real happy with them, moved on to Tradefreedom about 3 years ago,
which was so-so, but there backoffice was terrible, ( if you see Penson
Services mentioned RUN!), then lo and behold there's old Scotiabank
taking over Tradefreedom and I knew the low trading fees wouldn't last so
I hightailed it to Questrade and never looked back. The only
dissapointment I've had was when I realized who took care of their back
office, you guessed it Penson. I'm sorry for being so long winded but I
guess it's because I'm home at this brokerage that treats me good even
though I don't have a 50,000 account. Thanks for listening, it's been
therapeutic.
T.L. London