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Fees at CIBC Investor's Edge?

6266 Views 5 Replies 5 Participants Last post by  mario 1

I am considering switching from Scotia iTrade to CIBC Investor's Edge (not because CIBC is a great discount broker, but because I do all my banking at CIBC and I would like to centralize everything).

I don't like their weird trading package (I only trade about 10-15 times per year) but don't want to opt out of the package and pay $30/trade. Does anyone know if CIBC Investor's Edge will negotiate with new customers to offer trades in the $10 range (no package) which is what I pay now at Scotia iTrade?

Thank you in advance.
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There is no reason to use Investors Edge at $28.95 per trade. If you only make 10-15 trades a year, that's pretty costly. I've been with them for 5 years and will be moving to another brokerage account for 2010. I usually trade 500 shares or less, so there are lower cost places to deal than CIBC.
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