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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Chad Barrett who wrote (2084)	1/24/1999 1:54:00 AM
From: Essam Hamza	Respond to of 4467

Good questions Chad. I would advise calling them and asking. I always talk to Matt but you could probably ask anyone. Essam.

To: Chad Barrett who wrote (2084)	1/24/1999 2:25:00 AM
From: StockPro	Read Replies (1) \| Respond to of 4467

... these would seem to be the best fees out there!! Not quite ... it still depends what you are trading .... For example, I trade thru Investorline, so I'll compare with them. 5,000 shares of a $3 stock Investorline = 5000 x 2¢ per share = $100 Priority = $15,000 x 0.25% = $37.50 1,000 shares of a $38 stock Investorline = $29 (or $25 if you place a market order) Priority = $38,000 x 0.25% = $95 Looks like the people who will want the lowest commission possible on every single trade would have to keep at least two accounts, one for 1,000 shares and under at a fixed cost (such as E-Trade or Investorline) and another where the "percentage of value" commission is better than the "cents per share" commission.