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steelpiston71

11/01/10 3:51 PM

#22053 RE: coinmaker #22051

I use IB and buy with CAD, the current cross is .98302. Most of my trades are $1. For instance, if I want to buy 100 shares of a 10 dollar CAD stock, it will cost me $1.

The most I've paid is just under $5 to trade $800 worth of a CAD stock that was under a dollar. They have some funky price schemes, but I don't really care since all of my trades end up being lower than any place else except for Zecco which is 10 free trades per month with a 25k balance, which I have there as well.
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Bylo Selhi

11/01/10 3:53 PM

#22054 RE: coinmaker #22051

Interactive Brokers - Thanks for your clarification, coinmaker... I appreciate it!

I am in the U.S. too. Looks like IB is winning so far. Penntrade would not be too bad for direct trading if it did not have those limitations that Malyshek have pointed out.

You're right about calling a broker you are interested in, and finding out what's current and what's outdated. The Casey Research report, whose link I posted in my previous post, seems to be somewhat outdated. I think the report is a couple of years old, and some information about certain American brokers may not be current, but it is a good info overall.