Posted on: 30-05-08 15:24:33
I used to have an account with Scotia McLeod but gave it up because of account administration charges and high commission expenses. I moved to Questrade and I am happy with what they provide - considering the commission charges! Note that Questrade is a no-frills account. So far as my knowledge goes there are no annual charges.
Daks
Quote:
Originally posted by ash_canada
I use Questrade and have been pretty happy. Charges at least 4.95 and at most 9.95 for trades. Let me know if you need a referral. Gives you $50 worth free trades and $100 trades for me
Ash,
Are you paying any data fees/month? I checked out their website and they are charing some data fees which is kinda confusing.
http://www.questrade.com/pricing/data_access_fees.aspx
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Special Requests: Please call me after 5:30 because I am self-employed and my employer does not know I am looking for another job
I use the free realtime quotes available with the WebTrader product. I use the realtime quotes from finance.yahoo.com if I need any streaming quotes (i don't do daytrading ... so I don't care much about streaming quotes)
You can sign up for a demo at the website and try it out yourself.
Ash
With folks suggesting Tradefreedom, Questtrade and Interactive Broker and with TD waterhouse and other bank equivalents, can folks using any of the above listed , list their pros/cons to be benefit of fellowCD members who would like to sign up with one the online brokerages?
http://www.milliondollarjourney.com/review-canadian-discount-brokerages.htm
For a comprehensive review of all discount brokers in Canada, please checkout the above link. Read through the "comments" section for reviews from real everyday users.
I have just started using Questrade. I am not really happy with the customer service, terribly slow speed for communications, lack of information, etc. However, it IS the cheapest option so for small portfolios it would still make sense to use Questrade - just remember, you do get what you pay for.
Anyone has used E-Trade (recently bought over by BNS)?
Any experience, comments, etc?
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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
Check out Think or Swim. Awesome platform especially for options and EXCELLENT customer service. Not as inexpensive as Interactive but much much better value overall.
Rgds,
Newboyo
