================================================================================
                       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 Quarterly period Ended: March 31, 2005; or

         -----    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  EXCHANGE ACT OF 1934

                For the transition period _________ to __________

                         Commission File Number: 0-25631


                             -----------------------


                                 ALPHATRADE.COM
         ---------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

         Nevada                                               98-0211652
 ------------------------------                             ------------------
(State or other Jurisdiction of                            (I.R.S. Employer
 Incorporation or Organization)                             Identification No.)

          SUITE 1322 - 1111 WEST GEORGIA ST, VANCOUVER BC V6E 4M3 CANADA
          -------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)



                                 (604) 681-7503
                            -------------------------
                           (Issuer's telephone number)

        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 a registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days. Yes  X     No
                                                                   ---       ---

        State the number of shares outstanding of the issuer's common equity:
$0.001 par value, as of March 31, 2005, was 26,282,865.

         Transitional Small Business Disclosure Format. Yes       No  X
                                                            ---      ---





                                       1
<PAGE>
                              Report on Form 10-QSB
                      For the Quarter Ended March 31, 2005

                                      INDEX

                                                                          Page
                                                                          ----
Part I.  Financial Information

         Item 1.      Financial Statements (unaudited)...................... 3

                      Balance Sheets.......................................4-5
                      Statements of Operations ............................. 6
                      Statement of Stockholders' Equity (Deficit)........... 7
                      Statements of Cash Flows.............................8-9
                      Notes to the Financial Statements .................10-12


         Item 2.      Management's Discussion and Analysis
                        or Plan of Operation .............................. 13

         Item 3.      Controls and Procedures ............................. 14



Part II. Other Information

         Item 1.      Legal Proceedings ................................... 15

         Item 2.      Changes in Securities ............................... 15

         Item 3.      Defaults Upon Senior Securities ..................... 16

         Item 4.      Submission of Matters to a Vote of Security Holders . 16

         Item 5.      Other Information ................................... 16

         Item 6.      Exhibits and Reports on Form 8-K .................... 16

                      Signatures........................................... 16

                      Certifications.....................................17-22















                                       2
<PAGE>
PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.

The accompanying balance sheets of Alphatrade.com at March 31, 2005 and December
31, 2004, and the related statements of operations, stockholders' equity
(deficit) and cash flows for the three months ending March 31, 2005 and 2004,
have been prepared by our management in conformity with United States generally
accepted accounting principles. In the opinion of management, all adjustments
considered necessary for a fair presentation of the results of operations and
financial position have been included and all such adjustments are of a normal
recurring nature. Operating results for the quarter ended March 31, 2005, are
not necessarily indicative of the results that can be expected for the fiscal
year ending December 31, 2005.

















                                 ALPHATRADE.COM

                              FINANCIAL STATEMENTS

                      March 31, 2005 and December 31, 2004





















                                       3
<PAGE>
                                 ALPHATRADE.COM
                                 Balance Sheets

                                     ASSETS
                                     ------

                                                   March 31,    December 31,
                                                     2005           2004
                                                 -------------  -------------
                                                  (Unaudited)
CURRENT ASSETS

   Cash                                          $     10,571   $     79,339
   Accounts receivable - trade, net                        84            212
   Prepaid expenses                                    41,366          1,000
                                                 ------------   ------------

     Total Current Assets                              52,021         80,551
                                                 ------------   ------------

FIXED ASSETS, NET                                      29,847         29,825
                                                 ------------   ------------

     TOTAL ASSETS                                $     81,868   $    110,376
                                                 ============   ============































   The accompanying notes are an integral part of these financial statements.
                                       4
<PAGE>
                                 ALPHATRADE.COM
                           Balance Sheets (Continued)

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
                 ----------------------------------------------

                                                   March 31,    December 31,
                                                      2005           2004
                                                 -------------  -------------
                                                  (Unaudited)

CURRENT LIABILITIES

   Accounts payable and accrued expenses         $    286,265   $    379,424
   Related party payables                             803,579      1,569,680
   Deferred revenue                                   202,600        181,963
                                                 ------------   ------------

     Total Current Liabilities                      1,292,444      2,131,067
                                                 ------------   ------------

     Total Liabilities                              1,292,444      2,131,067
                                                 ------------   ------------
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          2,000
   Common stock: $0.001 par value 100,000,000
    shares Authorized:26,282,865 and
    23,032,865 shares issued and outstanding,
    respectively                                       26,283         23,033
   Additional paid-in capital                      24,829,085     23,901,910
   Stock subscription payable                          16,753         16,753
   Stock subscription receivable                     (116,550)      (116,550)
   Accumulated deficit                            (25,968,147)   (25,847,837)
                                                 ------------   ------------

     Total Stockholders' Equity (Deficit)          (1,210,576)    (2,020,691)
                                                 ------------   ------------

     TOTAL LIABILITIES AND STOCKHOLDERS'
      EQUITY (DEFICIT)                           $     81,868   $    110,376
                                                 ============   ============











   The accompanying notes are an integral part of these financial statements.
                                       5
<PAGE>
                                 ALPHATRADE.COM
                            Statements of Operations
                                   (Unaudited)


                                                 For the Three Months Ended
                                                           March 31,
                                                 ----------------------------
                                                      2005           2004
                                                 -------------  -------------
REVENUE

   Subscription revenue                          $    632,966   $    332,711
   Licensing revenue                                   18,000         18,000
   Other revenue                                          670          1,525
                                                 ------------   ------------

     Total Revenue                                    651,636        352,236
                                                 ------------   ------------
COST OF SALES

   Financial content                                  325,863        311,039
                                                 ------------   ------------

Gross Profit                                          325,773         41,197
                                                 ------------   ------------
EXPENSES

   Management expense                                 120,000        120,000
   Professional fees                                   48,044        205,562
   Research and development                            32,706         56,637
   Marketing expense                                  149,181        313,635
   General and administrative expenses                 96,152         77,133
                                                 ------------   ------------

     Total Expenses                                   446,083        772,967
                                                 ------------   ------------

LOSS FROM OPERATIONS                                 (120,310)      (731,770)

INCOME TAX EXPENSE                                          -              -
                                                 ------------   ------------

NET LOSS                                         $   (120,310)  $   (731,770)
                                                 ============   ============

NET LOSS PER SHARE                               $      (0.00)  $      (0.04)
                                                 ============   ============
WEIGHTED AVERAGE NUMBER
   OF SHARES OUTSTANDING                           26,094,550     18,891,914
                                                 ============   ============





   The accompanying notes are an integral part of these financial statements.
                                       6
<PAGE>
                                 ALPHATRADE.COM
                  Statements of Stockholders' Equity (Deficit)
<TABLE>
<S>                        <C>       <C>       <C>        <C>         <C>          <C>          <C>
                             Preferred Stock       Common Stock        Additional       Net
                           ------------------- ----------------------    Paid-In   Subscription  Accumulated
                            Shares    Amount     Shares     Amount      Capital    (Receivable)    Deficit
                           --------- --------- ---------- ----------- ------------ ------------ -------------
Balance,
December 31, 2004          2,000,000 $  2,000  23,032,865 $   23,033  $ 23,901,910 $   (99,797) $(27,908,813)

Common stock issued
 for services at an
 average price of
 $0.30 per share
 (unaudited)                       -        -     250,000        250        75,175           -             -

Common stock issued
 for debt at an
 average price of
 $0.22 per share
 (unaudited)                       -        -   3,000,000      3,000       732,000           -             -

Services contributed
 to the Company by
 officers and
 directors (unaudited)             -        -           -          -       120,000           -             -

Net loss for the three
 months ended March 31,
 2005 (unaudited)                  -        -           -          -             -           -      (120,310)
                           --------- --------  ---------- ----------  ------------  ----------  ------------
Balance,
 March 31, 2005
 (unaudited)               2,000,000 $  2,000  26,282,865 $   26,283  $ 24,829,085 $   (99,797) $(25,968,147)
                           ========= ========  ========== ==========  ============ ===========  ============
</TABLE>




























   The accompanying notes are an integral part of these financial statements.
                                       7
<PAGE>
                                 ALPHATRADE.COM
                            Statements of Cash Flows
                                   (Unaudited)

<TABLE>
<S>                                                   <C>            <C>
                                                       For the Three Months Ended
                                                                 March 31,
                                                      ----------------------------
                                                           2005          2004
                                                      -------------- -------------
CASH FLOWS FROM OPERATING ACTIVITIES

 Net loss                                             $    (120,310) $   (731,770)
 Adjustments to reconcile net loss to net cash used
  by operating activities:
   Common stock issued for services and contributions        75,425       378,040
   Contribution of services by officers and directors       120,000             -
   Amortization of services prepaid by common stock               -        27,321
   Depreciation expense                                       1,832         9,273
 Changes in operating assets and liabilities:
   Decrease in accounts receivable                              128         4,049
   (Increase) in prepaid expenses                           (40,366)       (4,724)
   Increase (decrease) in accounts payable and accrued
     expenses                                               (93,159)       79,237
   Increase (decrease) in related party payables            (31,101)      103,501
   Increase in deferred revenue                              20,637        23,087
                                                      -------------  ------------
     Net Cash Used by Operating Activities                  (66,914)     (111,986)
                                                      -------------  ------------
CASH FLOWS FROM INVESTING ACTIVITIES

 Purchase of fixed assets                                    (1,854)            -
                                                      -------------  ------------
     Net Cash Used by Investing Activities                   (1,854)            -
                                                      -------------  ------------

CASH FLOWS FROM FINANCING ACTIVITIES

 Proceeds from subscribed stock                                   -        38,450
 Stock offering costs paid                                        -        (9,700)
 Common stock issued for cash                                     -        97,000
                                                      -------------  ------------
     Net Cash Provided by Financing Activities                    -       125,750
                                                      -------------  ------------
NET CHANGE IN CASH                                          (68,768)       13,764

CASH AT BEGINNING OF PERIOD                                  79,339         6,562
                                                      -------------  ------------
CASH AT END OF PERIOD                                 $      10,571  $     20,326
                                                      =============  ============
</TABLE>











   The accompanying notes are an integral part of these financial statements.
                                       8
<PAGE>
                                 ALPHATRADE.COM
                      Statements of Cash Flows (Continued)
                                   (Unaudited)

<TABLE>
<S>                                                   <C>            <C>
                                                       For the Three Months Ended
                                                                 March 31,
                                                      ----------------------------
                                                           2005          2004
                                                      -------------- -------------

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

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

SCHEDULE OF NON-CASH FINANCING ACTIVITIES:

 Common stock issued for services and contributions   $      75,425  $    378,040
 Common stock issued for extinguishment of debt       $     735,000  $     28,500
</TABLE>





































   The accompanying notes are an integral part of these financial statements.
                                       9
<PAGE>
                                 ALPHATRADE.COM
                        Notes to the Financial Statements
                      March 31, 2005 and December 31, 2004

NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION

         The accompanying  unaudited financial  statements have been prepared by
         the Company pursuant to the rules and regulations of the Securities and
         Exchange  Commission.  Certain  information  and  footnote  disclosures
         normally included in financial  statements  prepared in accordance with
         accounting  principles  generally  accepted  in the  United  States  of
         America have been  condensed or omitted in  accordance  with such rules
         and  regulations.  The information  furnished in the interim  financial
         statements  include  normal  recurring  adjustments  and  reflects  all
         adjustments,  which, in the opinion of management,  are necessary for a
         fair  presentation of such financial  statements.  Although  management
         believes the disclosures and information presented are adequate to make
         the  information  not  misleading,  it is suggested  that these interim
         condensed  financial   statements  be  read  in  conjunction  with  the
         Company's  most recent audited  financial  statements and notes thereto
         included  in its  December  31,  2004  Annual  Report  on Form  10-KSB.
         Operating  results  for the three  months  ended March 31, 2005 are not
         necessarily indicative of the results that may be expected for the year
         ending December 31, 2005.

         The  presentation  of certain  expenses  for 2004 has been  restated to
         conform to the presentation in the 2005 financial statements.

NOTE 2 - GOING CONCERN

         The  Company's  financial   statements  are  prepared  using  generally
         accepted  accounting  principles  applicable  to a going  concern which
         contemplates  the  realization of assets and liquidation of liabilities
         in the normal course of business.  The Company does not have sufficient
         revenues  to cover  operating  costs and has a deficit  in its  working
         capital as well as a deficit in its stockholders' equity.


         In order to continue as a going concern and achieve a profitable  level
         of operations,  the Company will need,  among other things,  additional
         capital  resources  and revenues.  Management's  plans to continue as a
         going concern include the following items:

         1) Concentrating its efforts on increasing the number of subscribers to
            its stock  tracking  product,  known  as  e-gate  thereby increasing
            sales.
         2) Continuing  to  increase  its  gross profit percentage by increasing
            sales.
         3) Converting  related  party  debt  to equity when cash flow does  not
            permit  cash  payments  which  will decrease the deficit in  working
            capital as well as the deficit in stockholders equity.

         The ability of the Company to continue as a going  concern is dependent
         upon its ability to  successfully  accomplish the plan described in the
         preceding  paragraph and eventually attain profitable  operations.  The


                                       10
<PAGE>
                                 ALPHATRADE.COM
                        Notes to the Financial Statements
                      March 31, 2005 and December 31, 2004

NOTE 2 - GOING CONCERN (Continued)

         accompanying  financial  statements do not include any adjustments that
         might be  necessary  if the  Company is unable to  continue  as a going
         concern.

NOTE 3 - SIGNIFICANT EVENTS

         During the quarter  ended March 31, 2005,  the Company  issued  250,000
         shares of common  stock  valued at an average  price of $0.30 per share
         for services.

         During the quarter ended March 31, 2005, the Company  issued  3,000,000
         shares  of  common   stock  at  an  average  of  $0.22  per  share  for
         extinguishment of debt.

         All issuances of common stock for services and debt extinguishment were
         valued  at the  closing  price  of the  common  stock  on the  dates of
         authorization.

NOTE 4 - RELATED PARTY TRANSACTIONS

         The Company receives advances from several related parties on a regular
         basis.  During the quarter ended March 31, 2005,  related  parties were
         repaid  $31,101 by the  Company.  Officer  salaries of $120,000 for the
         quarter  ended  March  31,  2005  were  forgiven  by  the   contracting
         management companies. The Company recorded the value of the services as
         an expense and contributed capital.

NOTE 5 - OPTIONS AND WARRANTS

         Under FASB Statement 123, the Company  estimates the fair value of each
         stock award at the grant date by using the Black-Scholes option pricing
         model with the following weighted average  assumptions used for grants,
         respectively;  dividend  yield of zero percent for all years;  expected
         volatility of 151.20% and 0.00%;  risk-free interest rates of 2.14, and
         2.77  percent and  expected  lives of 5.0 and 0.0, for the three months
         ended March 31, 2005 and 2004, respectively.

         Had  compensation  cost for the  Company's  stock  options  granted  to
         directors and  employees  been based on the fair value as determined by
         the  Black-Scholes  option  pricing  model at the grant  date under the
         accounting  provisions of SFAS No. 123, the Company would have recorded
         an additional expense of $-0- and $1,645,000 for the three months ended
         March  31,  2005  and  2004,   respectively.   Also  under  these  same
         provisions,  the  Company's net loss would have been changed by the pro
         forma amounts indicated below:






                                       11
<PAGE>
                                 ALPHATRADE.COM
                        Notes to the Financial Statements
                      March 31, 2005 and December 31, 2004

NOTE 5 - OPTIONS AND WARRANTS (Continued)
                                             For the Three Months Ended
                                                      March 31,
                                            ----------------------------
                                                 2005           2004
                                            -------------  -------------
         Net loss:
           As reported                      $   (120,310)  $   (731,770)
           Pro forma                        $   (120,310)  $ (2,376,621)

         Basic loss per share:
           As reported                      $      (0.00)  $      (0.04)
           Pro forma                        $      (0.00)  $      (0.13)


A summary of the status of the Company's stock options and warrants as of March
31, 2005 and changes during the three months ended March 31, 2005 is presented
below:

                                                Weighted    Weighted
                                     Options     Average     Average
                                       and      Exercise   Grant Date
                                     Warrants     Price    Fair Value
                                    ----------- ---------- ----------
    Outstanding, December 31, 2004  19,788,812  $    0.46  $    0.46
      Granted                                -       0.00       0.00
      Expired/Canceled                       -       0.00       0.00
      Exercised                              -       0.00       0.00
                                    ----------  ---------  ---------
    Outstanding, March 31, 2005     19,788,812  $    0.46  $    0.46
                                    ==========  =========  =========
    Exercisable, March 31, 2005     14,838,812  $    0.62  $    0.62
                                    ==========  =========  =========


NOTE 6 - SUBSEQUENT EVENTS

         On April 12, 2005, the Company issued 73,500 shares of common stock for
         services valued at $0.35 per share.














                                       12
<PAGE>
Item 2. Management's Discussion and Analysis of Financial Condition or Plan of
Operations

The following information should be read in conjunction with the financial
statements and notes thereto appearing elsewhere in this Form 10-QSB.

Forward-looking and Cautionary Statements

This report contains certain forward-looking statements. These statements relate
to future events or our future financial performance and involve known and
unknown risks and uncertainties. These factors may cause our company's, or our
industry's actual results, levels of activity, performance or achievements to be
materially different from those expressed or implied by the forward-looking
statements. In some cases, you can identify forward-looking statements by
terminology such as "may," "will" "should," "expects," "intends," "plans,"
"anticipates," "believes," "estimates," "predicts," "potential," "continue," or
the negative of these terms or other comparable terminology.

These statements are only predictions. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we cannot guarantee
future results, levels of activity, performance or achievements.

Results of Operations.

During the three months ended March 31, 2005, revenue significantly increased
over the same period of 2004. Revenue for 2005 was $651,636, which is a 84%
increase over fiscal 2004 sales of $352,236. The increase in revenue is directly
attributable to subscriber acceptance of the E-Gate product. By making E-Gate
reliable, cost effective, user friendly and technologically advanced, Alphatrade
has proven that E-Gate can compete in the financial services business. In 2005
and 2004, we also received $18,000 and $18,000 from the licensing of our
technology to SEGOES Securities Ltd. and $670 and $1,525, respectively, from the
sale of advertising space on our web site to other companies.

We believe that much of our growth over the next year will come from foreign
markets. Our ability to translate our product into other languages such as
Korean and Chinese has allowed us to access those markets.

Our cost of sales is the cost of the financial content we provide to our
subscribers. Many of these costs are fixed monthly fees. Others are on a per
user basis. Accordingly as our subscription fees increase the costs as a
percentage of revenues decreases. For the first quarter of 2005 our cost of
sales was 50% of subscription revenues compared to 88% in 2004.

We incurred a net loss of $120,310 for the three months ended March 31, 2005
compared to $731,770 for the three months ended March 31, 2004. This is a
decrease of $611,460. Included in the loss for 2004 was $120,000 as the accrued
value of compensation to officers and directors for their services. The officers
and directors forgave their right to any compensation in 2005 however the
expense was recorded as well as an offsetting contribution to capital in
accordance with generally accepted accounting principles. This resulted in a
decrease in related party compensation of $120,000 for 2005 as accrued to the
related party payables. The expense category has been renamed as management
expense from related party compensation to better reflect the nature of the



                                       13
<PAGE>
cost. Our professional fees also decreased by $157,518 from 2004 to 2005 as a
result of a reduction in the number of shares issued to consultants. For the
same reason we decreased our marketing expense from $313,635 in 2004 to $149,181
for 2005. We have determined the need to increase public awareness of our E-gate
product and we have budgeted shares and funds for this marketing effort.

Historically, many of our expenses are paid in shares of our common stock. The
expenses are recorded at the fair value of the shares issued. Excluding non cash
expenses the net for 2005 and 2004 would have been an income $75,115 and a loss
of $317,136, respectively.

Liquidity and Capital Resources.

We have consistently been financed through loans from related parties and from
raising capital through private equity offerings. We used $66,914 and $111,986
of cash in our operating activities in the first three months of 2005 and 2004,
respectively. This decrease of 40% was primarily due to the decreased loss from
operations. For the three months ended March 31, 2005 and 2004 we received cash
totaling $-0- and $135,450 from the issuance and subscription of our common
stock pursuant to Rule 144, respectively. We expect that in the next twelve
months that the cash generated by our operations will be adequate to cover our
cash flow.

Given the right circumstances, we would entertain a secondary financing if it
would expand our market penetration and bring extra revenue to us. We are
actively seeking acquisition targets and may decide to use our stock as the
compensation for any acquisition. Currently, we do not have any definitive plans
for a secondary financing nor have we identified a specific acquisition target.

We currently have no material commitments for capital requirements. At the
present time we have no need to purchase new equipment or replace the equipment
we are currently using. We believe that our capital infrastructure is adequate
to handle the expected growth in 2005.

We are not aware of any material trend, event or capital commitment, which would
potentially adversely affect liquidity. In the event a material trend develops,
we believe we will have sufficient funds available to satisfy working capital
needs through debt or from funds received from equity sales.

Dependence on Key Personnel

We are dependent on the services of certain key people, i.e. the President and
the Chief Executive Officer. The loss of these persons or other key executives
or personnel, or the inability to attract and retain the additional highly
skilled employees required for the expansion of our activities, may have a
material adverse effect on our business or future operations. We do not intend
to maintain "Key-man" life insurance on any executive officers or other
personnel at this time.

Item 3.   Controls and Procedures

         As of the end of the period covered by this report, we carried out an
evaluation, under the supervision and with the participation of management,
including our chief executive officer and principal financial officer, of the
effectiveness of the design and operation of our disclosure controls and


                                       14
<PAGE>
procedures as defined in Rules 13a-15(e) and 15d-15(e) of the Securities
Exchange Act of 1934. Based upon that evaluation, our chief executive officer
and principal financial officer concluded that our disclosure controls and
procedures are effective to cause the material information required to be
disclosed by us in the reports that we file or submit under the Exchange Act to
be recorded, processed, summarized and reported within the time periods
specified in the SEC's rules and forms. There have been no significant changes
in our internal controls or in other factors which could significantly affect
internal controls subsequent to the date we carried out our evaluation.


PART II - OTHER INFORMATION.

Item 1. Legal Proceedings.

AlphaTrade.com is the Defendant in litigation pending in the Supreme Court of
British Columbia, Canada. This action was filed on December 23, 2003 and is
between Zacks Investment Services, Inc. as Plaintiff and AlphaTrade.com as
Defendant. The case number is 5036907.

The Plaintiff alleges that it is owed the sum of $279,664 pursuant to a
licensing Agreement executed by the Plaintiff and the Defendant in 1999.
Alphatrade is agressively defending itself against this claim.

During the year ending December 31, 2002, a company filed an action against
AlphaTrade in the Supreme Court of British Columbia, Canada claiming unspecified
damages. AlphaTrade filed a Statement of Defence in August, 2002. There has been
no further developments in this action. AlphaTrade plans to vigorously defend
itsself.

We are subject to potential liability under contractual and other matters and
various claims and legal actions which may be asserted. These matters arise in
the ordinary course and conduct of our business. While the outcome of the
potential claims and legal actions against us cannot be forecast with certainty,
we believe that such matters should not result in any liability which would have
a material adverse effect on our business.

Item 2. Changes in Securities.

The following unregistered securities have been issued since January 1st, 2005:
                                             Valued
Date         No. of Shares      Title          At          Reason

Jan. 10/05      2,000,000      Common         $0.22   Private Placement
Jan. 12/05         25,000      Common         $0.22   Charitable contributions
Jan. 28/05         20,000      Common         $0.27   Services
Feb.  9/05         15,000      Common         $0.24   Services
Mar.  4/05        125,000      Common         $0.30   Services
Mar.  4/05      1,000,000      Common         $0.30   Private Placement
Mar. 21/05         65,000      Common         $0.37   Services

The above noted shares were issued in private, isolated transactions without
registration under the Securities Act. The shares were issued in reliance on the
exemption provided by Rule 506 and/or Section 4(2) of the Securities Act as a
transaction by an issuer not involving a public offering to Consultants or to
companies owned or controlled by Consultants or Officers of AlphaTrade.

                                       15
<PAGE>
Item 3. Defaults Upon Senior Securities.

        None.

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

        None.


Item 5. Other Information.

        None.

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

        (a) Exhibits

         Exhibit        31.1 Certification of C.E.O. Pursuant to Section 302 of
                        the Sarbanses-Oxley Act of 2002.

         Exhibit        31.2 Certification of Principal Accounting Officer
                        Pursuant to Section 302 of the Sarbanses-Oxley Act of
                        2002.

         Exhibit 32.1   Certification of C.E.O. Pursuant to 18 U.S.C. Section
                        1350,  as  Adopted  Pursuant  to  Section  906 of the
                        Sarbanes-Oxley Act of 2002

         Exhibit 32.2   Certification   of   Principal   Accounting   Officer
                        Pursuant to 18 U.S.C.  Section 1350, as Adopted
                        Pursuant to Section 906 of the  Sarbanes-Oxley Act of
                        2002

        (b) Report on Form 8-K

              None
                                   SIGNATURES

In accordance with the requirements of the 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:    5/10/2005                                 / s / Penny Perfect
                                                   ----------------------------
                                                   President / Director



Date:    5/10/2005                                 / s / Katherine Johnston
                                                   ----------------------------
                                                   Principal Accounting Officer

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