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Doc Holliday

04/09/07 6:18 AM

#952348 RE: Canucker #952346

Ever check out Scottrade?
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Cat_Ottawa

04/09/07 6:43 AM

#952350 RE: Canucker #952346

Prodigy Trading is amazing. It's a Penson account so you don't have to worry about the restrictions that other brokers put when a stock gets heavy volume. (Etrade USA, Scottrade, TDAmeritrade all do that)

Keep in mind that US brokers are not allowed to accept Canadians as customers because the Canadian banks cried to the government who in turn made an agreement with the US government. It's not illegal for a Canadian to open a US Broker account but the brokers are afraid to do so unless the individual has a US address. (Prodigy Trading gets away with this because everyone is pooled in under one umbrella and look like they are one entity)

The reason the Canadian banks cried was because they were losing income as they used to always charge higher fees....as your $26 example in the summertime.

With Prodigy you can pay $10 a trade do 30 trades a month and have level2 including pinks for free or pay $100 for it. They use Omni software.