Canadian available brokers - Fastest first 15 min fills

I do my investment trading with a Bank because time isn't of the essence.
However, now that I have more time I use my AMP account and trade the index flawlessly. With one click trade activation I see trades filled in milliseconds exactly where the ask/bid was.

 

OOOOOOOhhhh, look at the tough guy on an internet forum @ArtofWAR

You don't train people for a living so WTF would you bring it up? Feeling insecure?

Was I so important as you had to take time out of your unemployed day to reply to me not once but twice?

I guess meeting your gay lovers in an alley is difficult when you are not paying them with your non existent $85-120 an hour anymore?

 

Questrade is terrible for fills. Order flow is sold to APEX and Citadel who trade against your orders. IB Canada is way better.

 

I used IB when I was day trading and switched to Questrade when I moved to swing trading to save on commissions.

I've never had a market order filled for more than a penny over or under the bid/ask. I'm not scalping so couple cents one way or the other doesn't matter to me.

 

if you pay a penny over the ask, how are you saving on commissions? .01x100 = $1.00

 

I don't always pay a penny over; IB fills were also over or under at times with market orders.

The savings are size related. 1000 shares with IB is 10 bucks. With Questrade it's 5.

IB is a great broker if you are trading often and small size. I recommend them to anyone day trading in Canada.

 

Your executions will be worse at Questrade. I worked there for many years and you won't get any improvement over NBBO hardly ever. My fills and commissions were better at IB than my old Questrade employee commission plan.

Though if you're trading penny stocks on the OTC and CSE exchanges then sure use them.

 

Thanks for the info.

I'm trading very liquid Canadian stocks for the most part and US leveraged index ETFs when I get bored and day trade.

IB commissions were great with shares size less than 1000 shares. US even better at 1/2 cent per share.

For ETFs with no buy cost, I can scale in and have one 5 buck commission when I close the position.

Hopefully one day the Canadian Brokers will offer no Commission trades.