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I'm doing research on online brokerage as well. Never heard of Credential Direct. (Though from first impression they don't look too reliable.)

From surfing around the web, the 'zeitgeist' discount brokerage for Americans is Scottrade at $7 per trade. However, Scottrade does not operate in Canada.

A good article on online brokerage I found by Barron. Written just a few weeks ago on March 16, 2009.

I'm going to get my feet wet and try out thinkorswim Canada. Note this is not a recommendation as I have not traded with them yet.
 
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