U. S. Securities and Exchange Commission
                         Washington, D. C.  20549

                              FORM 10-QSB

[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the quarter ended September 30, 1999
                           ------------------

[ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

     For the transition period from               to
                                    -------------    -------------

                        Commission File No. 0-25631
                                            -------

                             ALPHATRADE.COM
                             --------------
              (Name of Small Business Issuer in its Charter)

         NEVADA                                             Applied For
         ------                                             -----------
(State or Other Jurisdiction of                     (I.R.S. Employer I.D. No.)
 incorporation or organization)

                       Suite 400, 1111 West Georgia Street
                    Vancouver, British Columbia, Canada V6E 4M3
                    -------------------------------------------
                      (Address of Principal Executive Offices)

                Issuer's Telephone Number:  (604) 681-7503

     Check whether the Issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the Company was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.

     (1)   Yes  X    No            (2)   Yes  X    No
               ---      ---                  ---      ---


                 (APPLICABLE ONLY TO CORPORATE ISSUERS)

          State the number of shares outstanding of each of the Issuer's
classes of common equity, as of the latest practicable date:

                              September 30, 1999

                          Common - 11,654,250 shares



                    DOCUMENTS INCORPORATED BY REFERENCE

                              NONE.

Transitional Small Business Issuer Format   Yes  X   No
                                                ---     ---

                  PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

          The Consolidated Financial Statements of the Company required
to be filed with this 10-QSB Quarterly Report were prepared by management and
commence on the following page, together with related Notes.  In the opinion
of management, the Consolidated Financial Statements fairly present the
financial condition of the Company.

<PAGE>
                                ALPHATRADE.COM
                        (Formerly Honor One Corporation)
                          (A Development Stage Company)

                            FINANCIAL STATEMENTS

                  September 30, 1999 and December 31, 1998

<PAGE>
<TABLE>
                                ALPHATRADE.COM
                       (Formerly Honor One Corporation)
                        (A Development Stage Company)
                               Balance Sheets
<CAPTION>
                                    ASSETS

                                       September 30,              December 31,
                                          1999                         1998
                                      (Unaudited)
<S>                                 <C>                       <C>
CURRENT ASSETS

 Cash                               $     57,687              $        -
 Prepaid expenses                         28,596                       -

  Total Current Assets                    86,283                       -

FIXED ASSETS

 Computer hardware                       104,127                       -
 Office equipment and furniture            8,080                       -
 Software                                 10,144                       -
 Accumulated depreciation                (12,327)                      -

  Total Fixed Assets                     110,024                       -

OTHER ASSETS

 Investment                               67,500                       -
 Technology                                   -                        -

  Total Other Assets                      67,500                       -

  TOTAL ASSETS                        $  263,807              $

         LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

 Accounts payable                    $     52,638               $     11,687
 Accounts payable - related parties        38,962                       -

  Total Current Liabilities                91,600                     11,687


  Total Liabilities                        91,600                     11,687

STOCKHOLDERS' EQUITY (DEFICIT)

 Convertible preferred stock; par
  value $0.001 per share; 10,000,000
  shares authorized, 2,000,000 shares
  issued and outstanding                    2,000                       -

 Common stock: $0.001 par value,
  100,000,000 shares authorized;
  11,654,250, and 6,100,000 shares
  issued and outstanding, respectively     11,654                      6,100

 Additional paid-in capital             2,007,846                     46,400

 Common stock subscriptions receivable   (408,071)                   (50,000)
 Other comprehensive loss                 (57,500)                       -
 Accumulated deficit                   (1,383,722)                   (14,187)

  Total Stockholders' Equity (Deficit)    172,207                    (11,687)

  TOTAL LIABILITIES AND STOCKHOLDERS'
   EQUITY (DEFICIT)                   $   263,807              $        -
</TABLE>
<PAGE>
                             ALPHATRADE.COM
                    (Formerly Honor One Corporation)
                     (A Development Stage Company)
                        Statements of Operations
                              (Unaudited)
<TABLE>
<CAPTION>

                      For the                       For the
                 Nine Months Ended              Three Months Ended
                  September 30,                   September 30,
                   1999       1998              1999            1998
<S>            <C>            <C>            <C>                <C>
REVENUES        $   125,000   $    -         $   125,000        $    -

EXPENSES          1,494,535        -             657,100             -

NET LOSS         (1,369,535)       -            (532,100)            -

OTHER COMPREHENSIVE
 LOSS

 Loss on investment
  value             (57,500)       -             (57,500)            -

Total Other
Comprehensive Loss  (57,500)       -             (57,500)            -

COMPREHENSIVE
 LOSS           $(1,427,035)   $   -         $  (589,600)       $    -

BASIC LOSS PER
 SHARE OF
 COMMON STOCK   $     (0.12)   $  (0.00)     $     (0.05)       $   (0.00)

FULLY DILUTED
 LOSS PER SHARE  $    (0.12)   $  (0.00)     $     (0.05)       $   (0.00)
</TABLE>
<PAGE>
                             ALPHATRADE.COM
                    (Formerly Honor One Corporation)
                     (A Development Stage Company)
                        Statements of Operations
                              (Unaudited)
                              (Continued)
<TABLE>
<CAPTION>
                                              From
                                           Inception on
                                             June 6,
                                          1995 Through
                                           September 30,
                                              1999
<S>                                         <C>
REVENUES                                     $   125,000

EXPENSES                                       1,508,722

NET LOSS                                      (1,383,722)

OTHER COMPREHENSIVE LOSS

 Loss on investment value                        (57,500)

Total Other Comprehensive Loss                   (57,500)

COMPREHENSIVE LOSS                           $(1,441,222)
</TABLE>
<PAGE>
                                ALPHATRADE.COM
                         (Formerly Honor One Corporation)
                          (A Development Stage Company)
                    Statements of Stockholders' Equity (Deficit)
               From Inception on June 6, 1995 through September 30, 1999
<TABLE>
<CAPTION>
                                                                    Additional
                          Preferred Stock        Common Stock        Paid-In
                        Shares     Amount        Shares   Amount     Capital
<S>                      <C>      <C>             <C>     <C>      <C>
Balance at inception
 on June 6, 1995          -       $   -             -     $   -    $   -

Issuance of 6,000,000
 shares of common stock
 for cash at $0.0004 per
 share on June 6, 1995    -           -        6,000,000    6,000    (3,500)

Net loss from inception on
 June 6, 1995 through
 December 31, 1995        -           -              -         -        -

Balance,
 December 31, 1995        -           -         6,000,000   6,000    (3,500)

Net loss for the year ended
 December 31, 1996        -           -              -         -        -

Balance,
 December 31, 1996        -           -         6,000,000    6,000   (3,500)

Net loss for the year ended
 December 31, 1997        -           -              -         -        -

Balance,
 December 31, 1997        -       $   -         6,000,000  $ 6,000  $(3,500)
</TABLE>
<PAGE>
                                ALPHATRADE.COM
                         (Formerly Honor One Corporation)
                          (A Development Stage Company)
                    Statements of Stockholders' Equity (Deficit)
               From Inception on June 6, 1995 through September 30, 1999
                                 (Continued)
<TABLE>
<CAPTION>
                                                    Other
                          Subscriptions          Comprehensive    Accumulated
                          Receivable                Loss            Deficit
<S>                           <C>                <C>               <C>
Balance at inception
 on June 6, 1995              $      -           $       -         $     -

Issuance of 6,000,000
 shares of common stock
 for cash at $0.0004 per
 share on June 6, 1995               -                   -               -

Net loss from inception on
 June 6, 1995 through
 December 31, 1995                   -                   -           (2,500)

Balance,
 December 31, 1995                   -                   -           (2,500)

Net loss for the year ended
 December 31, 1996                   -                   -              -

Balance,
 December 31, 1996                   -                   -           (2,500)

Net loss for the year ended
 December 31, 1997                   -                   -              -

Balance,
 December 31, 1997               $   -               $   -        $  (2,500)
</TABLE>
<PAGE>
                                ALPHATRADE.COM
                         (Formerly Honor One Corporation)
                         (A Development Stage Company)
               Statements of Stockholders' Equity (Deficit) (Continued)
              From Inception on June 6, 1995 through September 30, 1999
<TABLE>
<CAPTION>
                          Preferred Stock        Common Stock        Paid-In
                        Shares     Amount        Shares   Amount     Capital
<S>                      <C>      <C>      <C>          <C>       <C>
Balance,
 December 31, 1997          -     $   -    6,000,000    $  6,000  $   (3,500)

Stock issued on
 subscription for services
 at $0.50 per share on
 December 28, 1998          -         -      100,000         100      49,900

Net loss for the year ended
 December 31, 1998          -         -          -            -           -

Balance,
 December 31, 1998          -          -    6,100,000       6,100     46,400

Stock issued for technology,
 recorded at predecessor
 cost, January 6, 1999      -          -    4,000,000       4,000     (4,000)

Stock issued for services
 at $0.50 per share on
 January 6, 1999            -           -     100,000         100     49,900

Stock issued on
 subscription at $1.00 per
 share, January 8, 1999      -           -  1,000,000       1,000    999,000

Balance Forward              -       $   - 11,200,000    $ 11,200 $1,091,300
</TABLE>
<PAGE>
                                ALPHATRADE.COM
                         (Formerly Honor One Corporation)
                          (A Development Stage Company)
                    Statements of Stockholders' Equity (Deficit)
               From Inception on June 6, 1995 through September 30, 1999
                                 (Continued)
<TABLE>
<CAPTION>
                                                    Other
                          Subscriptions          Comprehensive    Accumulated
                          Receivable                Loss            Deficit
<S>                               <C>            <C>            <C>
Balance,
 December 31, 1997                $     -        $     -        $   (2,500)

Stock issued on
 subscription for services
 at $0.50 per share on
 December 28, 1998                  (50,000)           -                -

Net loss for the year ended
 December 31, 1998                      -              -           (11,687)

Balance,
 December 31, 1998                  (50,000)           -           (14,187)

Stock issued for technology,
 recorded at predecessor
 cost, January 6, 1999                  -              -                -

Stock issued for services
 at $0.50 per share on
 January 6, 1999                        -              -                -

Stock issued on
 subscription at $1.00 per
 share, January 8, 1999          (1,000,000)           -                -

Balance Forward                 $(1,050,000)           -           $(14,187)
</TABLE>
<PAGE>
                                  ALPHATRADE.COM
                            (Formerly Honor One Corporation)
                            (A Development Stage Company)
                Statements of Stockholders' Equity (Deficit) (Continued)
               From Inception on June 6, 1995 through September 30, 1999
<TABLE>
<CAPTION>
                          Preferred Stock        Common Stock        Paid-In
                        Shares     Amount        Shares   Amount     Capital
<S>                      <C>      <C>      <C>          <C>       <C>
Balance Forward               -   $    -    11,200,000  $  11,200  $1,091,300

Stock issued to founders
 recorded at $0.001 which
 approximates predecessor
 cost, January 8, 1999   2,000,000   2,000          -          -         -

Receipt of stock
 subscription (unaudited)     -        -            -          -         -

Common stock issued for
 cash at $4.00 per share
 (unaudited)                  -        -          4,250          4    16,996

Common stock issued for cash
 at $2.00 per share
 (unaudited)                  -        -        450,000         450  899,550

Loss on investment
 (unaudited)                  -        -             -           -       -

Net loss for the nine months
 ended September 30, 1999
 (unaudited)                  -        -             -           -       -

Balance,
 September 30, 1999
 (unaudited)            2,000,000    $ 2,000   11,604,250 $ 11,654  2,007,846
</TABLE>
<PAGE>
                          (A Development Stage Company)
                    Statements of Stockholders' Equity (Deficit)
               From Inception on June 6, 1995 through September 30, 1999
                                 (Continued)
<TABLE>
<CAPTION>
                                                    Other
                          Subscriptions          Comprehensive    Accumulated
                          Receivable                Loss            Deficit
<S>                               <C>            <C>            <C>
Balance Forward                   $ (1,050,000) $        -      $    (14,187)

Stock issued to founders
 recorded at $0.001 which
 approximates predecessor
 cost, January 8, 1999                    -              -                -

Receipt of stock
 subscription (unaudited)            1,050,000           -                -

Common stock issued for
 cash at $4.00 per share
 (unaudited)                           (17,000)          -                -

Common stock issued for cash
 at $2.00 per share
 (unaudited)                          (391,070)          -                -

Loss on investment
 (unaudited)                               -         (57,500)             -

Net loss for the nine months
 ended September 30, 1999
 (unaudited)                               -             -        (1,369,535)

Balance,
 September 30, 1999
 (unaudited)                        $ (408,071)    $ (57,500)    $(1,383,722)
</TABLE>
<PAGE>
                              ALPHATRADE.COM
                      (Formerly Honor One Corporation)
                       (A Development Stage Company)
                          Statements of Cash Flows
                                (Unaudited)
<TABLE>
<CAPTION>
                              For the                  For the
                           Nine Months Ended      Three Months Ended
                             September 30,           September 30,
                           1999         1998      1999             1998
<S>                       <C>            <C>     <C>              <C>
CASH FLOWS FROM
 OPERATING ACTIVITIES

 Net loss                 $ (1,369,535)  $  -    $ (532,100)      $   -

Adjustments to reconcile
 net loss to net cash
 provided (used) by
 operating activities:

Common stock issued
 for services                  100,000      -        50,000            -

Preferred stock issued
 for services                    2,000      -            -             -

Depreciation expense            12,327      -         6,117            -

Investments received
 for services                 (125,000)     -      (125,000)           -

Changes in operating
 assets and liabilities:

(Increase) decrease in
 prepaid expenses              (28,596)     -       (21,841)           -

Increase (decrease) in
 accounts payable               40,951      -       (22,502)           -

Increase (decrease) in
 accounts payable
 - related parties              38,962      -       (20,303)           -

Net Cash Used by
 Operating Activities       (1,328,891)     -      (665,629)           -

CASH FLOWS FROM INVESTING
 ACTIVITIES

 Purchase of fixed assets     (122,351)     -       (39,691)           -

Net Cash Used by
 Investing Activities         (122,351)     -       (39,691)           -


CASH FLOWS FROM FINANCING
 ACTIVITIES

Common stock issued
 for cash                    1,508,929      -       744,500            -

Net Cash Provided by
 Financing Activities        1,508,929      -       744,500            -

NET CHANGE IN CASH              57,687      -        39,180            -

CASH AND CASH EQUIVALENTS
 AT BEGINNING OF PERIOD            -        -        18,507            -

CASH AND CASH EQUIVALENTS
 AT END OF PERIOD           $   57,687    $ -     $  57,687        $   -
</TABLE>
<PAGE>
                             ALPHATRADE.COM
                    (Formerly Honor One Corporation)
                     (A Development Stage Company)
                        Statements of Cash Flows
                              (Unaudited)
                              (Continued)
<TABLE>
<CAPTION>
                                              From
                                           Inception on
                                             June 6,
                                          1995 Through
                                           September 30,
                                              1999
<S>                                         <C>
CASH FLOWS FROM OPERATING
 ACTIVITIES

 Net loss                                   $ (1,383,722)

Adjustments to reconcile net loss to
 net cash provided (used) by
 operating activities:

Common stock issued
 for services                                    100,000

Preferred stock issued
 for services                                      2,000

Depreciation expense                              12,327

Investments received
 for services                                   (125,000)

Changes in operating
 assets and liabilities:

(Increase) decrease in prepaid expenses          (28,596)

Increase (decrease) in accounts payable           52,638

Increase (decrease) in accounts payable
  - related parties                               38,962

Net Cash Used by Operating Activities         (1,331,391)

CASH FLOWS FROM INVESTING
 ACTIVITIES

 Purchase of fixed assets                       (122,351)

Net Cash Used by Investing Activities           (122,351)

CASH FLOWS FROM FINANCING
 ACTIVITIES

Common stock issued for cash                    1,511,429

Net Cash Provided by Financing Activities       1,511,429

NET CHANGE IN CASH                                 57,687

CASH AND CASH EQUIVALENTS
 AT BEGINNING OF PERIOD                               -

CASH AND CASH EQUIVALENTS
 AT END OF PERIOD                              $   57,687
</TABLE>
<PAGE>
                               ALPHATRADE.COM
                      (Formerly Honor One Corporation)
                       (A Development Stage Company)
                    Statements of Cash Flows (Continued)
                                (Unaudited)
<TABLE>
<CAPTION>
                              For the                  For the
                           Nine Months Ended      Three Months Ended
                             September 30,           September 30,
                           1999         1998      1999             1998
<S>                            <C>         <C>      <C>        <C>
SUPPLEMENTAL DISCLOSURE
 OF CASH FLOW INFORMATION

 Interest paid                 $   -       $  -     $   -      $   -
 Income taxes paid             $   -       $  -     $   -      $   -

SCHEDULE OF NON-CASH
 FINANCING ACTIVITIES:

Common stock issued
 for services                  $ 100,000   $  -     $ 50,000    $  -
Preferred stock issued
 for services                  $   2,000   $  -     $   -       $  -
</TABLE>
                             ALPHATRADE.COM
                    (Formerly Honor One Corporation)
                     (A Development Stage Company)
                        Statements of Cash Flows
                              (Unaudited)
                              (Continued)
<TABLE>
<CAPTION>
                                              From
                                           Inception on
                                             June 6,
                                          1995 Through
                                           September 30,
                                              1999
<S>                                         <C>
SUPPLEMENTAL DISCLOSURE
 OF CASH FLOW INFORMATION

 Interest paid                              $     -
 Income taxes paid                          $     -

SCHEDULE OF NON-CASH
 FINANCING ACTIVITIES:

Common stock issued for services             $ 100,000
Preferred stock issued for services          $   2,000
</TABLE>
                                ALPHATRADE.COM
                      (Formerly Honor One Corporation)
                         (A Development Stage Company)
                       Notes to the Financial Statements
                    September 30, 1999 and December 31, 1998

NOTE 1 -    CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

       The accompanying consolidated financial statements have been prepared
by the Company without audit.  In the opinion of management, all adjustments
(which include only normal recurring adjustments) necessary to present fairly
the financial position, results of operations and cash flows at September 30,
1999 and for all periods presented have been made.

       Certain information and footnote disclosures normally included in
consolidated financial statements prepared in accordance with general accepted
accounting principles have been condensed or omitted.  It is suggested that
these condensed consolidated financial statements be read in conjunction with
the financial statements and notes thereto included in the Company's December
31, 1998 audited consolidated financial statements.  The results of operations
for the periods ended September 30, 1999 and 1998 are not necessarily
indicative of the operating results for the full year.

Item 2.   Management's Discussion and Analysis or Plan of Operation.

Plan of Operation.
------------------

       The Company continued to develop its browser-based technology during
the quarter ended September 30, 1999.  During the month of September the
company released its beta version for testing.  At the end of October, which
was subsequent to the period covered by this Report, the beta test was
complete and the company released the commercial version of the E-Gate
financial tools.  At present, the company plans to begin marketing the E-Gate
tools to the brokerage community and to investors. The marketing approach is
target brokerage firms that want to enhance their online presence and those
wanting to add special services for their clients.   Presently there is no
competition for the E-Gate tools since they use the latest thin client
technology and the pricing is so competitive.  The Company does not foresee an
immediate need to raise additional capital since subscription revenues begin
November 1, 1999.  The first sale was made to Providential Securities for
5,000 delayed subscriptions and the company is anticipating an accelerated
demand for their product over the next 60 day period and into the new year.
Before the end of 1999, the company plans to augment the current available
tools from the quote grid, the portfolio tracker, the indices, and the snap
quote to include a charting applet, a highly functional news applet,
Level II and many alert functions.  Although the Internet financial portal
industry is fiercely competitive, AlphaTrade has differentiated itself by
using a unique business model that is based on subscription revenues.

Results of Operation.
---------------------

     As at September 30, 1999 the Company had $57,687 in cash, $263,807 in
assets and $91,600 in liabilities.    The Company had no revenues for the
quarter ending September 30, 1999 and incurred net losses of $532,100 with
total net comprehensive losses to date of $1,427,035.  The company received
$400,000 in funds subsequent to the end of the quarter from a director of the
company.  These funds are for general working capital.

     Revenues begin in the fourth quarter as on November 1, 1999, the Company
began accepting paid subscriptions.   Subscribers are offered streaming
financial information using state-of-the-art technologies and will have the
ability to save their quotation and portfolio preferences as well as any
customizations they have done.  Initial subscriptions and charter memberships
are offered at the introductory rate of $19.99 per month for real time
information and $19.99 per year for delayed financial information.

     Also subsequent to the quarter Gordon Muir was appointed as the Chairman
of the Board and a Director of the Company and Penny Perfect was appointed as
the President/CEO and a Director of the Company.

Liquidity
---------

         At September 30, 1999, the Company had cash on hand of $57,687, with
accounts payable totaling $91,600.

Year 2000.
---------

          Because the Company is not presently engaged in any substantial
business operations, management does not believe that computer problems
associated with the change of year to the year 2000 will have any material
effect on its operations.  However, the possibility exists that the Company
may merge with or acquire a business that will be negatively affected by the
"year 2000" problem.  The effect of such problem or the Company in the future
can not be predicted with any accuracy until such time as the Company
identifies a merger or acquisition target.

                   PART II - OTHER INFORMATION

Item 1.   Legal Proceedings.

          On June 8th, 1999, AlphaTrade.com was named as a defendant in a
Complaint filed in the District Court, Clark County, Nevada by WebData Corp.
and two of its shareholders.  The Complaint alleges that AlphaTrade.com and
the other Defendants infringed upon trade secrets and other intellectual
property belonging to WebData.  The Complaint also alleges that WebData was
deprived of certain corporate opportunities.  Damages and declaratory relief
were requested.

          AlphaTrade believes that the alleged technology described by WebData
in its Complaint is either in the public domain or uses rudimentary parsing
technology.  Thus, AlphaTrade did not deprive WebData of any corporate
opportunity.  AlphaTrade will vigorously defend this position and the Company
does not believe that the WebData lawsuit will have a material effect on
business.  An 8-K Current Report dated June 16, 1999, was filed by the Company
with the Securities and Exchange Commission on June 25, 1999, respecting this
proceeding, and is incorporated herein by reference.

          In August, 1999, the Plaintiffs filed a Motion for a preliminary
injunction against the Company.  Prior to the hearing before the Courts for
the preliminary injunction in October, 1999, Plaintiff's lawyers notified the
Company's lawyers that they did not wish to proceed with the injunction and it
was removed from the court calendar.

Item 2.   Changes in Securities.

          On July 6, 1999, the Company conducted a private placement of
400,000 "unregistered" and "restricted" shares of the Company's common stock
at a price of $2.00 per share.

Item 3.   Defaults Upon Senior Securities.

          None; not applicable.

Item 4.   Submission of Matters to a Vote of Security Holders.

          None; not applicable.

Item 5.   Other Information.

          None; not applicable.

Item 6.   Exhibits and Reports on Form 8-K.

          (a)  Exhibits.

               None.

          (b)  Reports on Form 8-K.

             None.

                            SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this Report to be signed on its behalf by
the undersigned thereunto duly authorized.

                                       ALPHATRADE.COM


Date: 11/11/99                         By /s/ Penny Perfect
                                       President/CEO and Director



          Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, this Report has been signed below by the following persons on
behalf of the Company and in the capacities and on the dates indicated:


                                       ALPHATRADE.COM


Date: 11/11/99                         By /s/ Penny Perfect
                                       President/CEO and Director



Date: 11/9/99                          By /s/ J. Michael Pinkney
                                       Secretary/Treasurer and Director


Date: 11/11/99                         By /s/ Gordon Muir
                                       Director