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To: POLARBEAR who wrote (467)12/26/1997 2:41:00 AM
From: mtnres  Read Replies (1) | Respond to of 602
 
I am always into looking; my current game is penny stocks but I can see the Canadian scene is worthwhile. Let me look back, as you are the 2nd request in 2 days. Will post soon. c.



To: POLARBEAR who wrote (467)12/26/1997 11:06:00 PM
From: tony p  Read Replies (1) | Respond to of 602
 
Hi Polarbear,
I just found this thread myself amd like you I was sucked
into Protrade because they handled Canadian trades for I believe
for $12.00 per trade for awhile and than bang no more Canadian
and OTC BB trades. I have trfd my accts to Tradestar(formerly
Savoy). They charge $14.00 for market orders for all NYSE, Amer
and Nasdaq trades. $19.00 for limit orders and $24.00/$29.00 for
broker assisted trades. Re Canadian and OTC BB stks are traded
as broker assisted trades--$24.00/$29.00--regardless of nbr of
shs or prx. My accts have just been trfd there so I can't comment
on executions etc, but so far they have been very curteous, have
an 800 ph nbr(from the U S). Not sure if a $29.00 flat charge
on Canadian and BB stks is the lowest discussed on this thread
but it was the best I could find at the time.
Sure would appreciate and input from anyone abt Tradestar
or any other firm that charges less on Canadian and BB stks
regardless of prx and # of shs.

Their website address is www.savoystocks.com/index.htm

Thanks
Tony



To: POLARBEAR who wrote (467)12/28/1997 3:46:00 AM
From: POLARBEAR  Respond to of 602
 
Here's Ameritrades reply to my Canadian stock commission inquiry:

If the Canadian stocks are listed on an American exchange, then there
are no additional commissions. If we have to go to a Canadian exchange to buy the securities, we must go through a Canadian broker and we do pass on the added cost. The commission is $18 + .02 / share. The maximum commission is $168 on any market order and the minimum commission is $48 on any Canadian transaction. The higher cost is simply because we have to go through another broker. Thanks.