Who is Alliance Investment Management?
Alliance Investment Management is a Caribbean broker dealer licensed by the Financial Services Commission of Jamaica. We have been in business since 1996.

Where is Alliance Investment located?
Alliance Investment is located at 7 Belmont Road, Kingston 5 Jamaica West Indies.

Does Alliance Investment have a physical location outside of Jamaica?
No

Is there any insurance on day trading accounts?
No.

What market does Alliance Investment trade?
NYSE, AMEX and Nasdaq stocks. We do not offer Option, Futures and e-mini’s trading in our day trading accounts.

What is the minimum balance for a margin account?
$2,000

Is there margin interest charged and how much?
There is NO margin interest charged intraday.
However on overnight position in excess of 2-1 margin, there is 10% per annum charge. Equivalent to .00028% daily on the margin positions held each day.

What does it mean by not targeted to or intended for US or Canadian citizen?
It means that we do not solicit anyone that has US and Canadian residency.

Does Alliance Investment report Tax earnings on your investment accounts?
It is your obligation and responsibility to comply with the laws of the country of your residence with respect to tax liability.

What is the cost or the commission on a trade?
We have two commission plans, Plan A for our low volume traders and Plan B for our high volume traders. Plan A is $6 a trade up to 400 shares plus $0.015 per share over the 400 shares and Plan B is $10.95 per trade up to 2,000 shares with $0.01 per share over the 2,000 shares. Click here to view our commission structure

What is an ECN?
An ECN is an Electronic Communication Network. ECNs are direct access routes to the stock market, such as Island (INET or ISB) and Archipelago (ARCA). Each ECN has a different charge for routing the orders to them directly.

Is there an inactivity charge?
No. There is no charge for keeping your account with us provided the account is not on a trading software. You can elect to use our trade desk to place trades and not be on a trading platform to avoid the cost being on trading platform.

Do you need a trading software to trade with Alliance?
Yes. We provide 2 different trading platforms, a web based system perfect for a firewall environment and a DAS Trader platform which provides direct access routing technology to the AMEX, NYSE and Nasdaq, Level 2 real time quotes, intra day charting, stop loss and risk management.

How much does the software's cost?
Our most advance software package costs $200 per month but is FREE once you make 30 trades for the month and our most basic package costs $5 per month but is FREE once you make 1 trade for that month. Click here to view all our software packages