Quote:
Originally Posted by Carl Johnson
Virtual Broker only charge $6.49. Not sure about their service and trading system yet, but I have talked to the new account opening guy and he seems pretty good.
I have been with Questrade for 2 years and they are definitely giving me a lot of reasons to switch to another broker. I told the Qtrade customer service guy over the phone, the kind of trades I make is 99.9% of the time more than 1,000 shares, so regardless of your commission structure, it is $9.95 per trade for me. But the guy keep on insisting that they have lowest commission in Canada and all the other crap they are taught. And the guy would not budge anything on the margin interest rate, even though I know for a fact that is something that can be negotiated.
Just almost fucking had it with them, just waiting to unwind the rest of my positions (not complaining because of the bull market =D) before I switch because I know it can take anywhere between 4 - 6 weeks. I've calculated I can save more than $1,650/yr in commission just by switching from QT to VB.
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jesus fuck, how much are you trading?!
either you have tits loads of money, or you're intra-day trading?