================================================================================
                       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, 2006; 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, 2006, was 30,813,865.

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




                                       1

<PAGE>



                              Report on Form 10-QSB
                      For the Quarter Ended March 31, 2006

                                      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 ............................. 15



Part II. Other Information

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

         Item 2.      Changes in Securities ............................... 16

         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........................................... 17

                      Certifications.....................................18-23












                                       2

<PAGE>









PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.

The accompanying balance sheets of Alphatrade.com at March 31, 2006 and December
31, 2005, and the related statements of operations, stockholders' equity
(deficit) and cash flows for the three months ending March 31, 2006 and 2005,
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, 2006, are
not necessarily indicative of the results that can be expected for the fiscal
year ending December 31, 2006.

















                                 ALPHATRADE.COM

                              FINANCIAL STATEMENTS

                      March 31, 2006 and December 31, 2005












                                       3

<PAGE>


                                 ALPHATRADE.COM
                                 Balance Sheets


                                     ASSETS


                                                   March 31,       December 31,
                                                      2006             2005
                                                 ------------      ------------
                                                  (Unaudited)
CURRENT ASSETS

   Cash                                          $     13,635      $    147,408
   Accounts receivable - trade, net                       265             5,830
   Prepaid expenses                                    28,984            12,729
   Prepaid expenses - related parties                 199,135           216,731
                                                 ------------      ------------

     Total Current Assets                             242,019           382,698
                                                 ------------      ------------

PROPERTY AND EQUIPMENT, NET                            43,809            46,531
                                                 ------------      ------------


OTHER ASSETS

   Investments                                         34,700             8,800
   Related party investment                           360,000           312,000
                                                 ------------      ------------

     Total Other Assets                               394,700           320,800
                                                 ------------      ------------

     TOTAL ASSETS                                $    680,528      $    750,029
                                                 ============      ============












                        The accompanying condensed notes
          are an integral part of these interim financial statements.




                                       4

<PAGE>


                                 ALPHATRADE.COM
                           Balance Sheets (Continued)


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


                                                   March 31,       December 31,
                                                      2006             2005
                                                  ------------     ------------
                                                  (Unaudited)

CURRENT LIABILITIES

   Accounts payable and accrued expenses          $    250,166     $    348,875
   Related party payables                              435,108          429,927
   Deferred revenue                                    230,062          204,753
                                                  ------------     ------------

     Total Current Liabilities                         915,336          983,555
                                                  ------------     ------------

     Total Liabilities                                 915,336          983,555
                                                  ------------     ------------

STOCKHOLDERS' EQUITY (DEFICIT)

   Convertible preferred stock: par value
    $0.001 per share; 10,000,000 shares
    authorized, 2,000,000 Class A
    shares issued and outstanding                        2,000            2,000
   Common stock: $0.001 par value,
    100,000,000 shares authorized:                  30,813,865
    and 29,898,865 shares issued and
    outstanding, respectively                           30,814           29,899
   Additional paid-in capital                       26,663,351       26,023,780
   Stock subscription receivable                       (99,797)         (99,797)
   Accumulated other comprehensive income              173,200          185,800
   Accumulated deficit                             (27,004,376)     (26,375,208)
                                                  ------------     ------------

     Total Stockholders' Equity (Deficit)             (234,808)        (233,526)
                                                  ------------     ------------

     TOTAL LIABILITIES AND STOCKHOLDERS'
      EQUITY (DEFICIT)                            $    680,528     $    750,029
                                                  ============     ============


                        The accompanying condensed notes
          are an integral part of these interim financial statements.



                                       5

<PAGE>
                                 ALPHATRADE.COM
                            Statements of Operations
                                   (Unaudited)
                                                   For the Three Months Ended
                                                            March 31,
                                                 ------------------------------
                                                      2006             2005
REVENUE                                          ------------      ------------

   Subscription revenue                          $    694,125      $    632,966
   Advertising revenue                                264,600            18,600
   Other revenue                                          150                70
                                                 ------------      ------------

     Total Revenue                                    958,875           651,636
                                                 ------------      ------------
COST OF SALES

   Financial content                                  411,977           325,863
                                                 ------------      ------------

Gross Profit                                          546,898           325,773
                                                 ------------      ------------
EXPENSES

   Management expense                                 120,000           120,000
   Professional fees                                  747,321            48,044
   Research and development                            86,211            32,706
   Marketing expense                                  111,181           149,181
   General and administrative expenses                111,353            96,152
                                                 ------------      ------------

     Total Expenses                                 1,176,066           446,083
                                                 ------------      ------------
LOSS FROM OPERATIONS                                 (629,168)         (120,310)

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

NET LOSS                                         $   (629,168)     $   (120,310)
                                                 ============      ============

OTHER COMPREHENSIVE INCOME (LOSS)                $    (12,600)     $       --
                                                 ------------      ------------

TOTAL COMPREHENSIVE (LOSS)                       $   (641,768)     $   (120,310)
                                                 ============      ============

BASIC AND DILUTED NET LOSS PER SHARE             $      (0.02)     $      (0.00)
                                                 ============      ============
WEIGHTED AVERAGE NUMBER
   OF SHARES OUTSTANDING                           30,445,532        26,094,550
                                                 ============      ============

                        The accompanying condensed notes
          are an integral part of these interim financial statements.

                                       6

<PAGE>


                                 ALPHATRADE.COM
                  Statements of Stockholders' Equity (Deficit)
<TABLE>
<S>                  <C>       <C>    <C>        <C>     <C>         <C>          <C>           <C>
                                                                     Accumulated
                     Preferred Stock     Common Stock    Additional   Stock       Other
                     ---------------- ------------------ Paid-In     Subscription Comprehensive Accumulated
                      Shares   Amount   Shares   Amount   Capital    Receivable   Income          Deficit
                     --------- ------ ---------- ------- ----------- ----------   ------------- -------------

Balance,
 December 31, 2005   2,000,000 $2,000 29,898,865 $29,899 $26,023,780 $(99,797)    $    185,800  $(26,375,208)

Common stock issued
 for cash on
 exercise of warrants
 at $0.25 per share
 (unaudited)                 -      -    115,000     115      28,635        -                -             -

Common stock issued
 for cash at an
 average price of
 $0.34 per share
 (unaudited)                 -      -    800,000     800     273,500        -                -             -

Value of options
  issued under the
  2006 stock option
  plan (unaudited)           -      -          -       -     337,436        -                -             -

Net loss for the
 three months ended
 March 31, 2006
 (unaudited)                 -      -          -       -           -        -          (12,600)     (629,168)
                     --------- ------ ---------- ------- ----------- --------     ------------  ------------

Balance, March 31,
 2006 (unaudited)    2,000,000 $2,000 30,813,865 $30,814 $26,663,351 $(99,797)    $    173,200  $(27,004,376)
                     ========= ====== ========== ======= =========== ========     ============  ============

</TABLE>















                        The accompanying condensed notes
          are an integral part of these interim financial statements.







                                       7

<PAGE>

                                 ALPHATRADE.COM
                            Statements of Cash Flows
                                   (Unaudited)


<TABLE>
                                                                  For the Three Months Ended
                                                                           March 31,
                                                                    ----------------------
                                                                       2006         2005
                                                                    ---------    ---------
<S>                                                                 <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES

   Net loss                                                         $(629,168)   $(120,310)
   Adjustments to reconcile net loss to net cash used
    by operating activities:
     Common stock issued for services and contributions               274,300       75,425
     Value of options granted                                         337,436         --
     Contribution of services by officers and directors                  --        120,000
     Amortization of services prepaid by common stock                  51,346         --
     Depreciation expense                                               3,121        1,832
     Investments received as payment for accounts receivable          (86,500)        --
   Changes in operating assets and liabilities:
     Decrease in accounts receivable                                    5,565          128
     (Increase) in prepaid expenses                                   (50,005)     (40,366)
     Increase (decrease) in accounts payable and accrued expenses     (98,709)     (93,159)
     Increase (decrease) in related party payables                      5,181      (31,101)
     Increase in deferred revenue                                      25,309       20,637
                                                                    ---------    ---------

       Net Cash Used by Operating Activities                         (162,124)     (66,914)
                                                                    ---------    ---------

CASH FLOWS FROM INVESTING ACTIVITIES

   Purchase of fixed assets                                              (399)      (1,854)
                                                                    ---------    ---------

       Net Cash Used by Investing Activities                             (399)      (1,854)
                                                                    ---------    ---------

CASH FLOWS FROM FINANCING ACTIVITIES

   Common stock issued for cash                                        28,750         --
                                                                    ---------    ---------

       Net Cash Provided by Financing Activities                       28,750         --
                                                                    ---------    ---------

NET CHANGE IN CASH                                                   (133,773)     (68,768)

CASH AT BEGINNING OF PERIOD                                           147,408       79,339
                                                                    ---------    ---------

CASH AT END OF PERIOD                                               $  13,635    $  20,326
                                                                    =========    =========
</TABLE>

                        The accompanying condensed notes
          are an integral part of these interim financial statements.


                                       8

<PAGE>


                                 ALPHATRADE.COM
                      Statements of Cash Flows (Continued)
                                   (Unaudited)


<TABLE>
                                                                  For the Three Months Ended
                                                                           March 31,
                                                                    ----------------------
                                                                       2006         2005
                                                                    ---------    ---------
<S>                                                                 <C>          <C>

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

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

SCHEDULE OF NON-CASH FINANCING ACTIVITIES:

   Common stock issued for services and contributions               $ 274,300    $  75,425
   Common stock issued for extinguishment of debt                   $       -    $ 735,000
   Value of stock options granted                                   $ 337,436    $       -
</TABLE>






























                        The accompanying condensed notes
          are an integral part of these interim financial statements.



                                       9

<PAGE>


                                 ALPHATRADE.COM
                        Notes to the Financial Statements
                      March 31, 2006 and December 31, 2005


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 includes
              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, 2005 Annual Report on Form
              10-KSB. Operating results for the three months ended March 31,
              2006 are not necessarily indicative of the results that may be
              expected for the year ending December 31, 2006.

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 has
              recorded significant losses from operations and has a deficit in
              its working capital as well as in its stockholders' equity which
              together raise substantial doubt about its ability to continue as
              a going concern.

              In order to continue as a going concern and achieve a profitable
              level of operations, the Company will need, among other things, to
              increase sales of its advertising and subscription services.

              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. As the
              number of subscribers rises, the price charged for advertising
              will also increase thereby increasing revenue. 2) Continuing to
              increase its gross profit percentage by increasing advertising
              sales as the cost base is very favorable for advertising sales. 3)
              Converting related party debt to equity when cash flow does not
              permit cash payments of this debt.


                                       10

<PAGE>

              The ability of the Company to continue as a going concern is
              dependent upon its ability to successfully accomplish the
              aforementioned plan and eventually attain profitable operations.
              The 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, 2006, the Company issued
              800,000 shares of common stock valued at an average price of $0.34
              per share for consulting services for marketing the company's
              products. All issuances of common stock for services were valued
              at the closing price of the common stock on the dates of
              authorization.

              During the quarter ended March 31, 2006, the Company issued
              115,000 shares of common stock for cash at $0.25 per share upon
              the exercise of options granted under its 2004 Incentive Stock
              Option Plan.

NOTE 4 -      RELATED PARTY TRANSACTIONS

              The Company receives advances from several related parties on a
              regular basis. During the quarter ended March 31, 2006, related
              parties advanced $5,181 to the Company. Officer salaries of
              $120,000 for the quarter ended March 31, 2006 were paid to the
              contracting management companies.

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 111.88% and 151.20%;
              risk-free interest rates of 3.50, and 2.14 percent and expected
              lives of 1.0 and 5.0, for the three months ended March 31, 2006
              and 2005, respectively.

              In January 2006 the Company created the 2006 Stock Option Plan
              whereby it granted the option to purchase 4,500,000 shares of its
              common stock at $0.32 per share to certain directors, consultants
              and employees. The options were 25% vested at the date granted and
              additional vesting will be determined by the Board of Directors.
              Compensation cost for the Company's stock options granted was
              $337,436 and $-0- during the three months ended March 31, 2006 and
              2005, respectively.


                                       11

<PAGE>

              A summary of the status of the Company's stock options and
              warrants as of March 31, 2006 and changes during the three months
              ended March 31, 2006 is presented below:

<TABLE>
                                                                   Weighted     Weighted
                                                   Options         Average      Average
                                                     and           Exercise     Grant Date
                                                  Warrants           Price      Fair Value
              ------------------------------  --------------    -----------    -----------
<S>                                              <C>            <C>            <C>
              Outstanding, December 31, 2005     33,797,497     $     0.38     $     0.38
                  Granted                         4,500,000           0.32           0.32
                  Expired/Canceled                        -           0.00           0.00
                  Exercised                        (115,000)          0.25           0.25
                                              -------------     ----------     ----------

              Outstanding, March 31, 2006        38,182,497     $     0.38     $     0.38
                                              =============     ==========     ==========
              Exercisable, March 31, 2006        26,027,000     $     0.40     $     0.40
                                              =============     ==========     ==========
</TABLE>





































                                       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, 2006, revenue significantly increased
over the same period of 2005. Revenue for 2006 was $958,875, which is a 47%
increase over fiscal 2005 sales of $352,236. An increase in revenue was realized
in all of our products and services but is most directly attributable to
increased advertising revenues. Advertising revenues grew from $18,600 in 2005
to $264,600 in 2006. We have established a reputation as a professional
advertising medium for publicly traded companies wishing to gain exposure
directly with people who are actively trading in the stock market. We also have
gained considerable success with companies wishing to market their products via
our long-form advertising programs. Our new product mix which includes
advertising, our mobile product Jupiter, our web-tools - E-Trax and our new due
diligence site are definitely adding to our momentum of growth. Our primary
revenue source of E-gate subscription revenues also grew to $666,094 in 2006
from $632,965 in 2005.

We believe that the majority of our growth in revenue will be generated from our
advertising programs. As our subscriber base grows and consists of subscribers
from around the world, many companies will be seeking to advertise with us.

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, normally as our subscription fees increase the cost of
sales as a percentage of revenues decreases. However, in 2006 most of our data
feed suppliers increased their prices to us. For the first quarter of 2005 our
cost of sales was 51% of subscription revenues compared to 43% in 2006. As our
advertising revenues increase, this percentage will become more favorable.




                                       13

<PAGE>

We incurred a net loss of $120,310 for the three months ended March 31, 2005
compared to $629,168 for the three months ended March 31, 2006. This is an
increase of $508,858 and directly related to issuing stock to consultants for
marketing our products and services. This expense is expected to translate into
increased revenues throughout 2006. Included in professional fees are shares of
common stock to investor relations consultants valued at $274,300 and stock
options to our employees valued at $337,436. The investor relations consultants
were engaged to create an increased awareness of our company in the investment
community with the expectation of increasing revenues and opening doors to
investment capital. The stock options were issued under our 2006 Stock Option
Plan. We realized related party compensation expense of $120,000 for both 2006
and 2005. Our marketing expense decreased from $149,181 in 2005 to $111,181 for
2005 because we issued fewer shares to marketing consultants.

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 these
non cash expenses the loss for the three months ended March 31, 2006 would have
been only $17,432. Excluding non cash expenses for 2005 we would have reported
an income $75,115.

Liquidity and Capital Resources.

We have consistently been financed through loans from related parties and from
raising capital through private equity offerings. We used $162,124 and $66,914
of cash in our operating activities in the first three months of 2006 and 2005,
respectively. This increase of $95,210 was primarily due to the receipt of
$86,500 of our accounts receivable in shares of the common stock of several of
our advertising customers. We are unsure as to the timing of the sale of those
shares for operating funds. For the three months ended March 31, 2006 and 2005
we received cash totaling $28,750 and $-0- from the issuance of our common stock
upon the exercise of options granted under the 2004 stock option plan. 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 2006.

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 Penny Perfect, the President and Chief
Executive Officer of the Company. On April 12th, 2006 Ms. Perfect was also


                                       14

<PAGE>

appointed as the Chairman of the Board. The loss of Ms. Perfect 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
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.







                                       15

<PAGE>

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. 9/2005           320,000      Common         $0.35   Services
Jan. 19/2005          200,000      Common         $0.38   Services
Feb. 28/2005           50,000      Common         $0.32   Services
Mar. 10/2005           30,000      Common         $0.31   Services
Mar. 22/2005          200,000      Common         $0.305  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.

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

                                       16

<PAGE>



                                   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:    5/11/2006                                / s / Penny Perfect
                                                  ----------------------------
                                                  President / Director



Date:    5/11/2006                                / s / Katharine Johnston
                                                  ----------------------------
                                                  Principal Accounting Officer

































                                       17