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Moderator is drppingsoprano

Date: 1/1/2009 6:08:32 PM
Frequently Asked Questions
Author: Rascal Country Flag
Subject: 12262/19542 - brokerage account options - questrade?
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ADUFFY on 1/1/2009 10:16:22 AM

I really like E Trade. Its $50 for a certificate withdrawal, they do synthetic DRPs as well plus the commission is between $9.99 (min balance required) to a maximum of $19.99. Off hours (ie after 5PM EST) they cannot answer the technical questions but they always have somebody answer them via email if preferred or with follow up phone call the next day - can't ask for better than that.

For people commencing the DRP process they are likely facing $70 to withdraw a share certificate (commission plus certificate fee)

purple_d on 1/1/2009 4:45:00 PM

I went with TradeFreedom after trying out their software (guest platform). My old souped up 486 wasn't impressed by what I was asking it to do and the tech people were great through the process.

$1,000 to open and then no minimum. $9.95 for a trade (less for those who trade more). $50 + GST for a certificate. I have an account rep who I can phone and haven't had to wait on hold to reach him. I spent 7 minutes on hold requesting a certificate (2 weeks ago). They have a separate choice on the phone system for people who are in a trading position and need help asap.

Many of the companies have a referral special of some kind. So, if anyone in this community decides to sign up for an account, it could be useful to contact someone else herein and share the spoils!

Rascal on 1/1/2009 5:08:32 PM

Purple_d, did you get information on their TFSA?

Rascal

purple_d on 1/1/2009 7:22:39 PM

Sort of... I haven't read it yet, but have bookmarked the following:
http://www.tradefreedom.com/en/home/faq.asp?faq=11

On another note... Rascal... are you practicing to become a Board moderator? lol

Rascal on 1/1/2009 7:30:50 PM

Really, purple_d!

purple_d on 1/1/2009 7:34:49 PM

Rascal -- that wasn't a dig... I'm in awe actually how quickly you get a great answer posted!

I found this when searching (it isn't new but may be relevant):
http://www.milliondollarjourney.com/questrade-review.htm
 
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  Number of Messages Past Six Months: 0
  Location: Edmonton, AB
  Fav. Companies: Too many to list! Someone help me stop!! I began dripping in August, 2008
  Inv. Style: Buy companies with a history of good dividends. Make regular OCP's, favoring those stocks that are priced lower than usual. I invest in Canada and the US and have some synthetic drips with Scotia iTrade.
 
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