Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: keith massey who wrote (2048)	1/20/1999 6:35:00 PM
From: Essam Hamza	Read Replies (1) of 4467

Hi Keith, It depends what you play. I have to check my application but they have a flat fee for 1000 share trades. For US stocks (which I sometimes daytrade) it's usually $40US flat for up to 1000 shares. For active traders you may want to negotiate a bit (but you didn't hear that from me ok?:) There is also a flat fee (I think $30CDN) for up to 1000 shares of CDN stocks. Yes the PCquote fees are expensive but with the discount I'm getting for my daytrading commission, and the large number of trades/mth I expect to do, the software will be pretty much free. For example, if I save $10US/trade and I do 2 trades/day X 20 days = $400USD savings. If you trade more than 1000 shares then yes it can be expensive. Essam. PS: I'll find my application and get back to you with exact numbers. It's probably best though to just call Matt and talk with him.

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