Online stock trading commissions questions?

This looks similar to the Section 31 fee that is applicable to all transactions on the exchanges or over the counter transactions in the US. It is intended to fund the SEC. That fee increased on April 10, 2009 to an effective rate of $0.00257 per $100 of proceeds. Note that this is a US fee for US exchanges, not Canadian.

Using Scottrade, this fee is not significant for stock traders. From my recent sales it has varied from $0.07 for a 100 share sale to $0.87 for a 3000 share sale. While that is a lot higher than it was last year, it isn't enough to impact my trading.

I do not understand the $/share charges in Questrades pricing, since the fee is supposed to be based on sales proceeds, not number of shares traded. Perhaps Canadian fee structure is different. If they do charge per share I can see why it would be a problem high volume traders.

There are some companies that charge for removing liqudity and give rebates for adding liquadity. This one charges for removal but doesn't pay you for adding.... a definate rip off.

If you're new to trading...... this type of "direct access" broker will be way over your head.

If you're new to trading use;

Schwab

or

Fidelity

If you're experianced;

ThinkorSwim

If you're very experianced & day trade;

Cobra Trading

BTW: The last place a new investor should be dealing with are stocks priced under $5. This can quickly destroy your portfolio if you're not highly talented in trading money management.

The main problem of almost every trader is the thoughts that trading is game or it's easy money. Before profitable trading you should learn a lot about this field. So, even don't try to trade with real money. You can learn how to make real money from this course ( http://forexsignal.kyma.info/ ) Second, you should choose the right broker. There are some brokers that plays against their own clients. So, your main goal - find good broker. Third, yo can generate more profits with automated trading software. As you maybe know, there is a lot of different scammers on trading market so it will be hard to find really profitable trading system. That strategy brings me a lot of money every month, all thanks to the course that I posted above. Hope you will follow my recommendations, bye!

i am using sogotrade for years, and it is quite good.. if you are like me do not like high commision, Personally, I think sogotrade is best among all online brokerages. You can get a lot of free trades: about 100 free trades with 500 minimum deposits. It has very good customer services, it also has live help, and you can chat with representatives about any question. After that, only 3 dollar for each trade, pretty sweet when compared with other online brokerages.

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Despite their volatility, trading penny stocks can be extremely lucrative. Here are three ways that you can profit from investing in penny stocks https://tr.im/E0VH3

The good news about penny stocks is that you can buy a good amount of shares without going broke. It’s thus easier to get a good stake in a company for less than you would pay for stock of a larger organization. To find a company that you feel confident investing in, make sure to do your research. Don’t just choose a company because you saw an article about it, or because your friend is investing in it.

You might try Interactivebrokers