RE:RE:For those without level 2s.Maybe you can find where this information exists? I think you may be thinking of a past system.
Here is the current fee/commission schedule: https://www.credentialdirect.com/documents/CD_FeesCommissions_2015-04-08.pdf
Maybe you're thinking of the change from 2011? https://www.credentialdirect.com/about-us/news/11-02-14/Credential_Direct_lowers_online_trading_threshold_for_investors.aspx
This was updated in 2014:
jjeerryy wrote: RealScientist wrote: Check out Credential Direct. $8.88 trades. If you have $15k in your account, you pay nothing. If you make two trades per quarter you pay nothing. Level 2 real time quotes are included and you don't have to do anything (ie. >25 trades, $150k account). Depth is not super good (usually 5-6 ask/bid places) but it at least shows what things are looking like outside of the minimal bid/ask. I switched from RBC and I have no regrets. Definitely worth a look.
PROBLEM there is you pay a $25.00 quarterly admin fee for the $8.88 trading fee. If you only trade 10 times in the quarter, you pay $2.50 added per trade. You would have to be sure to trade 25 or more trades a month to start realizing the saving if you are paying $9.99 a trade now. I consistantly for a long time now do 28 to 32 trades a quarter. While I know some who do over 150 per quarter, how many traders only do 15?