Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BradC who wrote (2974)	4/27/1999 2:44:00 PM
From: keith massey	Read Replies (1) \| Respond to of 4467

Brad.. Do they only get you for the 5% when you do the initial deposit or do they get you for ever trade?. For example..if I throw in $20,000 U.S can I then trade without penalty? I wrote them another letter but I haven't got a response yet. These guys have the cheapest Can. trades so far but not if you get nabbed for 5% ever time. Best Regards KEITH

To: BradC who wrote (2974)	4/27/1999 5:02:00 PM
From: keith massey	Respond to of 4467

Got back my response I have a better reason to ignore RJ Forbes Group I wrote Dear Linda Pattnosh Thank you for you quick response. In Canada, online brokers must follow the "know your client" rule which requires that each trade must be checked by a registered broker. This result in trading delays of several minutes (up to 15 min) after an order is placed. I am interested in your firm for trading both Canadian and U.S equities. Could you please provide me with average fill times during busy market periods for both Canadian and U.S equities. Could you also provide an estimation of the time required to confirm that the order was filled. Thank you in advance. They wrote Thank you for your inquiry, Responds to your questions, average fill during busy market hours is 5 mins. about 1/2 to confirm order was filled during busy market hours.... Sincerely, RJ Forbes Group Yikes....they even admit taking 5 minutes. Imagine what time it really takes. Best Regards KEITH