TradeFreedom Securities Inc.

TradeFreedom Securities Inc.

June 05, 2006 08:30 ET

TradeFreedom Securities Announces New $9.95 Commission Rates with No Minimums or Account Fees

MONTREAL, QUEBEC--(CCNMatthews - June 5, 2006) - TradeFreedom Securities Inc., a leading online broker for active traders and investors, today announced the introduction of new $9.95 equity commission rates, which will not require clients to reach a minimum monthly or quarterly trade volume. In addition, TradeFreedom also announced that it will eliminate as of September 1, 2006 all account maintenance and inactivity fees on all investment and RSP accounts.

"Since 1999 we have been a leader in providing low commission rates to active investors in Canada, and we will soon provide these same low prices to all of our clients, regardless of account size or trade activity level," said Bruce Seago, President of TradeFreedom Securities Inc. "Clients will also benefit from our simplified pricing regardless of whether they are using our web-based or desktop trading platforms."

As of September 1, 2006, TradeFreedom clients will get the following commission pricing with no monthly or quarterly trade minimums:

U.S. Equities $9.95 FLAT
Canadian Equities - $3.00 or less $9.95
Canadian Equities - greater than $3.00 $9.95 for up to 1,000
shares; $ 0.01 per
additional share
Canadian and U.S. Options $9.95 + $1.25/contract

Commissions will be charged in the currency in which the security is traded, plus any applicable ECN or exchange fees.

"Our clients continue to demand a wide range of products, including equities, options, futures and forex, and at the same time they want it at a great price. With our new pricing, combined with our personalized service and extensive offering of investing and trading education and resources, we believe that TradeFreedom is now offering the most compelling package for online investors," added Mr. Seago.

In addition to this new pricing, TradeFreedom will continue to offer all clients access to advanced web and software based trading tools - including a free customizable desktop platform providing point and click trading, streaming real-time market depth quotes, market news and information, real-time account updates and P&L, sophisticated charting and technical analysis, advanced orders and instant trades and confirmation via direct access to U.S. ECNs and Canadian exchanges.

About TradeFreedom Securities Inc.

TradeFreedom Securities Inc. ( is Canada's premier online broker for active traders and investors. Since 1999, we have been providing sophisticated online brokerage services, including instant direct access to equities, options, futures, and forex, through better technology at a better price. TradeFreedom Securities Inc. is a member of the Investment Dealers Association (IDA) and Member CIPF.

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