Update on Questrade Pricing Change
Here’s one for the “you don’t see this from a financial institution every day”. We reported a recent announcement from Questrade in which they stated that they would be implementing a minimum activity threshold of one trade a month starting in July 2012 for those account holders with less than $5000 in
Questrade to charge minimum activity fee starting July 10
Questrade just made the following announcement via email:
Inactivity fee
As of July 10th, 2012, an inactivity fee of $9.95 per month is charged to clients with under $5,000 in combined equity for any month in which the client does not complete one commissionable trade. Clients are exempt from this fee if
Event Review – Small-Cap Conference Vancouver 2012
SparxTrading.com attended the Small-Cap Conference Series held in Vancouver on April 10th. We went for a status update on the small-cap (short for small market capitalization – check out Investopedia’s definition here) companies but what we got was so much more. Guest speakers Ryan Irvine of KeyStone Financial Publishing Corp., Theodor
Event Review – Options Education Day – Vancouver 2012
Options Education Day is an annual series of events organized and hosted by the Montreal Exchange (part of the TMX Group) as part of their goal to better educate retail investors about options and derivatives products. While options and derivative products are more complex than your average stock, there has been an
Event Review – Stockscores Canadian Active Trader Expo (SCATE)
We stopped by the Stockscores Canadian Active Trader Expo (SCATE) this past week and had a chance to sit through a presentation by veteran trader and founder of stockscores.com Tyler Bollhorn. This event was also sponsored by Disnat which has launched one of their best deals/promotions alongside the SCATE tour. You can
Book Review: Juggling Dynamite: An insider’s wisdom about money management, markets and wealth that lasts
Quick Update: Check out our giveaway for an autographed copy of Juggling Dynamite here.
One of the great ‘disadvantages’ to beginner investors is how to put what they hear and see in the news or what they are told by financial sales staff into context. One solution to get that
Discount Brokerage Buzz: Interactive Brokers Releases Trading Data for March 2012
One of the largest publicly traded discount brokers, Interactive Brokers Group Inc. (better known as Interactive Brokers or ‘IB’) published their monthly trading data for March 2012. Many industry commentators and trader’s alike have observed a decrease in the trading volumes over the past several months. An interesting data point that confirms
Investment Conference Recap: World Money Show Vancouver 2012
This stop on the World Money Show circuit brought with it quite a few interesting speakers and exhibitors. The list of speakers included such notable Canadian personalities as Larry Berman and Danielle Park, both of whom had very good turnouts (Danielle’s was standing room only!). Some international guests included Marc Faber, aka
Scotia iTrade Raising Prices for Commissions
Scotia iTrade is raising how much they charge for their ‘standard’ commission per trade rate from $19.99 to $24.99 for equity trades effective April 2012. Specifically, it’s $24.99 per trade (up to 1000 shares) and $0.03/share for orders greater than 1000 shares. Option commissions are also going up from $19.99 +$1.75 per
