================================================================================
                       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: September 30, 2007; 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 116C - 930 West 1st Street, North Vancouver, B.C. V7P3N4 Canada
          -------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)



                                 (604) 986-9866
                            -------------------------
                           (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 October 10, 2007, was 46,426,900.

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



                                       1
<PAGE>
                              Report on Form 10-QSB
                     For the Quarter Ended September 30, 2007

                                      INDEX

                                                                          Page
                                                                          ----
Part I.  Financial Information

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

                      Balance Sheets.......................................4-5
                      Statements of Operations ............................6-7
                      Statement of Stockholders' Equity (Deficit)........... 8
                      Statements of Cash Flows............................9-10
                      Notes to the Financial Statements .................11-13

         Item 2.      Management's Discussion and Analysis
                        or Plan of Operation .............................. 14

         Item 3.      Controls and Procedures ............................. 17



Part II. Other Information

         Item 1.      Legal Proceedings ................................... 18

         Item 2.      Changes in Securities ............................... 18

         Item 3.      Defaults Upon Senior Securities ..................... 19

         Item 4.      Submission of Matters to a Vote of Security Holders . 19

         Item 5.      Other Information ................................... 19

         Item 6.      Exhibits and Reports on Form 8-K .................... 19

                      Signatures........................................... 20

                      Certifications
















                                       2
<PAGE>
PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.

The accompanying balance sheets of Alphatrade.com at September 30, 2007 and
December 31, 2006, and the related statements of operations, stockholders'
equity (deficit) and cash flows for the three months and nine months ending
September 30, 2007 and 2006, 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 September 30, 2007, are not necessarily indicative of the results that can
be expected for the fiscal year ending December 31, 2007.

















                                 ALPHATRADE.COM

                              FINANCIAL STATEMENTS

                    September 30, 2007 and December 31, 2006





















                                       3
<PAGE>
                                 ALPHATRADE.COM
                                 Balance Sheets

                                     ASSETS
                                     ------

                                                    September 30, December 31,
                                                         2007         2006
                                                    ------------- -------------
                                                     (Unaudited)
CURRENT ASSETS

 Cash                                               $     88,130  $    147,323
 Accounts receivable - trade, net                          1,283        64,766
 Prepaid expenses                                          3,000         7,148
                                                    ------------  ------------
   Total Current Assets                                   92,413       219,237
                                                    ------------  ------------
PROPERTY AND EQUIPMENT, NET                               50,936        37,550
                                                    ------------  ------------
OTHER ASSETS

 Investments                                             686,386       215,991
 Related party investment                                 11,510        68,467
                                                    ------------  ------------
   Total Other Assets                                    697,896       284,458
                                                    ------------  ------------
    TOTAL ASSETS                                    $    841,245  $    541,245
                                                    ============  ============

























             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)
                 ----------------------------------------------

                                                    September 30, December 31,
                                                         2007         2006
                                                    ------------- -------------
                                                     (Unaudited)

CURRENT LIABILITIES

 Accounts payable and accrued expenses              $  1,786,282  $    547,139
 Related party payables                                1,953,367       714,295
 Deferred revenue                                        248,382       241,332
                                                    ------------  ------------
   Total Current Liabilities                           3,988,031     1,502,766
                                                    ------------  ------------
   Total Liabilities                                   3,988,031     1,502,766
                                                    ------------  ------------
STOCKHOLDERS' EQUITY (DEFICIT)

 Convertible preferred stock: par value
   $0.001 per share; 10,000,000 shares
   authorized, 4,000,000 Class A shares
   issued and outstanding                                  4,000         4,000
 Common stock: $0.001 par value, 100,000,000
   shares authorized: 45,481,900 and
   40,425,027 shares issued and outstanding,
   respectively                                           45,482        40,425
 Additional paid-in capital                           31,816,172    30,853,661
 Prepaid expenses-related parties                              -       (30,000)
 Stock subscription payable                               40,000             -
 Accumulated other comprehensive income               (1,060,311)     (717,859)
 Accumulated deficit                                 (33,992,129)  (31,111,748)
                                                    ------------  ------------
   Total Stockholders' Equity (Deficit)               (3,146,786)     (961,521)
                                                    ------------  ------------
   TOTAL LIABILITIES AND STOCKHOLDERS'
    EQUITY (DEFICIT)                                $    841,245  $    541,245
                                                    ============  ============












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

                                        4
<PAGE>
                                 ALPHATRADE.COM
                            Statements of Operations

                          For the Three Months Ended For the Nine Months Ended
                                 September 30,              September 30,
                          -------------------------- --------------------------
                               2007          2006        2007          2006
                          ------------ ------------- ------------- ------------
REVENUE
 Subscription revenue     $   773,818  $    701,526  $  2,298,473  $ 2,080,760
 E-Trax revenue                18,093        11,283        48,672       58,110
 Advertising revenue          817,523       347,807     1,675,992      854,992
 Other revenue                    944            93         5,053          943
                          -----------  ------------  ------------  -----------
   Total Revenue            1,610,378     1,060,709     4,028,190    2,994,805
                          -----------  ------------  ------------  -----------
COST OF SALES
 Financial content            364,973       468,975     1,262,087    1,313,071
 Other cost of sales            1,082         1,815         3,875        3,851
                          -----------  ------------  ------------  -----------
   Total Cost of Sales        366,055       470,790     1,265,962    1,316,922
                          -----------  ------------  ------------  -----------
   Gross Profit             1,244,323       589,919     2,762,228    1,677,883
                          -----------  ------------  ------------  -----------
EXPENSES
 Management expense                 -       120,000       240,000      360,000
 Professional fees             49,609       554,968     1,111,773    1,018,888
 Research and development     139,971       103,390       327,840      342,320
 Marketing expense          1,819,988        78,761     3,276,579      360,160
 General and
  administrative expenses     268,242       148,946       638,067      755,467
                          -----------  ------------  ------------  -----------
   Total Expenses           2,277,810     1,006,065     5,594,259    2,836,835
                          -----------  ------------  ------------  -----------
(LOSS) FROM OPERATIONS     (1,033,487)     (416,146)   (2,832,031)  (1,158,952)

OTHER (EXPENSE)
 Realized loss on
  marketable securities             -       (14,782)      (48,350)     (14,782)
                          -----------  ------------  ------------  -----------
(LOSS) BEFORE INCOME
    TAX EXPENSE            (1,033,487)     (430,928)   (2,880,381)  (1,173,734)
INCOME TAX EXPENSE                  -             -             -            -
                          -----------  ------------  ------------  -----------
   NET (LOSS)             $(1,033,487) $   (430,928) $ (2,880,381) $(1,173,734)
                          ===========  ============  ============  ===========








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

                                        6
<PAGE>
                                 ALPHATRADE.COM
                      Statements of Operations (Continued)

                          For the Three Months Ended For the Nine Months Ended
                                 September 30,              September 30,
                          -------------------------- --------------------------
                               2007          2006         2007         2006
                          ------------ ------------- ------------- ------------

OTHER COMPREHENSIVE LOSS     (114,771)            -      (342,452)           -
                          -----------  ------------  ------------  -----------
TOTAL COMPREHENSIVE (LOSS)$(1,148,258) $   (430,928) $ (3,222,833) $(1,173,734)
                          ===========  ============  ============  ===========
BASIC AND DILUTED
    LOSS PER SHARE        $     (0.02) $      (0.01) $      (0.07) $     (0.04)
                          ===========  ============  ============  ===========
COMPREHENSIVE LOSS
    PER SHARE             $     (0.03) $      (0.01) $      (0.07) $     (0.04)
                          ===========  ============  ============  ===========
WEIGHTED AVERAGE NUMBER
    OF SHARES              44,613,473    32,725,986    43,029,594   31,270,687
                          ===========  ============  ============  ===========
































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

                                        7
<PAGE>
                                 ALPHATRADE.COM
                  Statements of Stockholders' Equity (Deficit)
<TABLE>
<S>                  <C>       <C>    <C>        <C>     <C>         <C>         <C>            <C>
                     Preferred Stock     Common Stock    Additional      Net        Other
                     ---------------- ------------------  Paid-In   Subscription Comprehensive  Accumulated
                       Shares  Amount   Shares   Amount   Capital   (Receivable)    Income        Deficit
                     --------- ------ ---------- ------- ----------- ----------- -------------  -------------
Balance,
December 31, 2006    4,000,000 $4,000 40,566,950 $40,567 $30,853,519 $  (30,000) $   (717,859)  $(31,111,748)

Common stock issued
for cash on exercise
of warrants at $0.18
per share (unaudited)        -      -     55,000      55       9,945          -             -              -

Common stock issued
for services at an
average price of $0.14
per share (unaudited)        -      -  2,369,400   2,369     305,985     30,000             -              -

Value of options
issued under the 2007
stock option plan
(unaudited)                  -      -          -       -      93,350          -             -              -

Value of stock
purchase warrants
granted (unaudited)          -      -          -       -      10,128          -             -              -

Contributed capital
(unaudited)                  -      -          -       -      19,850          -             -              -

Common stock issued
for cash at $0.20
per share (unaudited)        -      -    705,000     705     140,295     40,000             -              -

Common stock issued
for services at an
average price of $0.22
per share (unaudited)        -      -  1,785,550   1,786     383,100          -             -              -

Net loss for the nine
months ended September
30, 2007 (unaudited)         -      -          -       -           -          -      (342,452)    (2,880,381)
                     --------- ------ ---------- ------- ----------- ----------  ------------   ------------
Balance,
September 30, 2007
(unaudited)          4,000,000 $4,000 45,481,900 $45,482 $31,816,172 $   40,000  $ (1,060,311)  $(33,992,129)
                     ========= ====== ========== ======= =========== ==========  ============   ============
</TABLE>











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





                                        8
<PAGE>
                                 ALPHATRADE.COM
                            Statements of Cash Flows
                                   (Unaudited)

                                                    For the Nine Months Ended
                                                           September 30,
                                                   ----------------------------
                                                        2007          2006
                                                   ------------- --------------
CASH FLOWS FROM OPERATING ACTIVITIES

 Net loss                                          $ (2,880,381) $  (1,173,734)
 Adjustments to reconcile net loss to
    net cash used by operating activities:
  Common stock issued for services and contributions    693,240        776,214
  Value of options and warrants granted                 103,478        337,436
  Amortization of services prepaid by common stock       30,000        174,676
  Depreciation expense                                   10,010          9,220
  Investments received as payment for accounts
    receivable                                         (862,139)      (471,510)
  Realized loss on marketable securities                 48,350         14,782
 Changes in operating assets and liabilities:
  (Increase) decrease in accounts receivable             63,483        (43,264)
  (Increase) decrease in prepaid expenses                 4,148         12,847
  Increase (decrease) in accounts payable and
    accrued expenses                                  1,239,143         71,194
  Increase (decrease) in related party payables               -        141,397
  Increase in deferred revenue                            7,050          7,979
                                                   ------------  -------------
    Net Cash Used by Operating Activities            (1,543,618)      (142,763)
                                                   ------------  -------------
CASH FLOWS FROM INVESTING ACTIVITIES

 Proceeds from sales of marketable securities            57,899         23,325
 Purchase of fixed assets                               (23,396)        (3,285)
                                                   ------------  -------------
    Net Cash Used by Investing Activities                34,503         20,040
                                                   ------------  -------------
CASH FLOWS FROM FINANCING ACTIVITIES

 Related party advances                               1,239,072              -
 Contributed capital                                     19,850              -
 Common stock issued for cash                           191,000         28,750
                                                   ------------  -------------
    Net Cash Provided by Financing Activities         1,449,922         28,750
                                                   ------------  -------------
NET CHANGE IN CASH                                      (59,193)       (93,973)

CASH AT BEGINNING OF PERIOD                             147,323        147,408
                                                   ------------  -------------
CASH AT END OF PERIOD                              $     88,130  $      53,435
                                                   ============  =============


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

                                        9
<PAGE>
                                 ALPHATRADE.COM
                      Statements of Cash Flows (Continued)

                                   (Unaudited)

                                                    For the Nine Months Ended
                                                           September 30,
                                                   ----------------------------
                                                        2007          2006
                                                   ------------- --------------
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

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

SCHEDULE OF NON-CASH FINANCING ACTIVITIES:

 Common stock issued for services and
      contributions                                $    693,240  $     776,214
 Value of stock options and warrants granted       $    103,478  $     337,436


































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

                                       10
<PAGE>
                                 ALPHATRADE.COM
                        Notes to the Financial Statements
                    September 30, 2007 and December 31, 2006

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,  2006  Annual  Report  on Form  10-KSB.
         Operating  results for the nine months ended September 30, 2007 are not
         necessarily indicative of the results that may be expected for the year
         ending December 31, 2007.

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 subscription  services and to increase  advertising sales.
         All  marketing  efforts are  concentrated  in the areas of developing a
         strong sales team,  maximizing the investment  with our sports partners
         through unique and innovative  premium text  promotions and building an
         advertising program that delivers proven results.

         In addition,  the related  party debt is a manageable  situation as the
         terms and  conditions  are  favorable to the company and the  repayment
         terms are  appropriate  to the cash flow of the  company.  The  payment
         terms if necessary, will be adjusted on a mutually agreed basis.

         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.




                                       11
<PAGE>
                                ALPHATRADE.COM
                        Notes to the Financial Statements
                    September 30, 2007 and December 31, 2006

NOTE 3 - SIGNIFICANT EVENTS

         During the nine months ended  September  30, 2007,  the Company  issued
         4,154,950  shares of common stock  valued at an average  price of $0.17
         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 nine months ended  September  30, 2007,  the Company  issued
         55,000  shares  of common  stock  for cash at $0.18 per share  upon the
         exercise of options granted under its 2004 Incentive Stock Option Plan.

         During the nine months ended  September  30, 2007,  the Company  issued
         705,000 shares of common stock for cash at $0.20 per share.

         In April 2007, the Company  entered into a Promissory Note and Security
         Agreement  with its officers and directors  whereby they agreed to fund
         the Company with  $1,500,000 of operating  funds.  The Promissory  Note
         bears  interest  at 20% per annum,  is due on  February  28,  2008,  is
         secured by the Company's  assets and is convertible  into shares of the
         Company's  common stock upon default.  The Company has an unused credit
         facility of $260,928 as of September 30, 2007.

         On June 27, 2007, the Company declared a 1.1 for 1 forward stock split.
         The  accompanying  financial  statements  reflect  the stock split on a
         retroactive basis.

NOTE 4 - RELATED PARTY TRANSACTIONS

         The Company receives advances from several related parties on a regular
         basis. During the nine months ended September 30, 2007, related parties
         advanced  $1,239,072 to the Company.  Officer  salaries of $240,000 for
         the nine months ended  September 30, 2007 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 79.43% and 111.88%; risk-free interest rates of 5.35, and
         3.50  percent and  expected  lives of 1.0 and 1.0,  for the nine months
         ended September 30, 2007 and 2006, respectively.

         In June 2007 the Company  created the 2007 Stock Option Plan whereby it
         granted the option to purchase  6,000,000 shares of its common stock at
         $0.21 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 $103,478 and $337,436  during the
         nine months ended September 30, 2007 and 2006, respectively.

                                       12
<PAGE>
                                ALPHATRADE.COM
                        Notes to the Financial Statements
                    September 30, 2007 and December 31, 2006

NOTE 5 - OPTIONS AND WARRANTS (Continued)

         A summary of the status of the Company's  stock options and warrants as
         of  September  30,  2007  and  changes  during  the nine  months  ended
         September 30, 2007 is presented below:

                                                     Weighted  Weighted
                                          Options    Average    Average
                                            and      Exercise  Grant Date
                                          Warrants    Price    Fair Value
                                         ----------- --------  ----------
         Outstanding, December 31, 2006  39,822,997  $   0.38  $     0.38
            Granted                         200,000      0.15        0.15
            Granted                       6,000,000      0.21        0.21
            Exercised                      (237,500)     0.90        0.90
                                         ----------  --------  ----------
         Outstanding, September 30, 2007 45,785,497  $   0.36  $     0.36
                                         ==========  ========  ==========
         Exercisable, September 30, 2007 30,140,500  $   0.40  $     0.40
                                         ==========  ========  ==========

































                                       13
<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  September  30,  2007,  revenue  significantly
increased over the same period of 2006.  Revenue for 2007 was $1,610,378,  which
is a 51%  increase  over fiscal 2006 sales of  $1,060,709.  The  majority of the
increase  is  directly  attributable  to  the  growth  in  advertising  revenue.
Advertising  revenues  grew to  $817,523  in 2007  from  $347,807  in 2006.  Our
partnerships  with national and grassroots  sports  operations has increased our
website traffic over 500% and we continue to see ongoing increased traffic. This
has  created  a very  effective  advertising  program  which  is  giving  us the
opportunity  to grow this part of our  revenue at a very fast pace.  Although we
experienced  some growth in the first half of 2007,  we are  definitely  gaining
traction during the final months of 2007. We expect this to continue to increase
as our brand awareness becomes stronger.  Our online advertising  programs are a
professional  and  targeted  alternative  to the  typical  advertising  fare  of
unwanted  spam and fax blasts.  Additionally  our E-Gate  subscription  revenues
increased  slightly to $773,818 in 2007 from $701,526 in 2006. Our free, delayed
E-Gate service is  experiencing  an extremely large increase in numbers which is
another reason our advertising program is so effective

We believe  the  majority  of our  revenue  growth  for 2007 and beyond  will be
generated  from our  digital  advertising  programs  and from our  premium  text
messaging programs.  Our database is growing exponentially as a direct result of
our sports  affiliations and these sports partnerships are also a strong conduit
of new business for our text promotions. Our brand awareness has made tremendous
strides in 2007 and that alone makes it possible  for us to easily  close larger
advertising business.

Our  sports  partnerships  have  proven  to be a  highly  effective  way of fast
tracking the development of our brand - almost every day the name AlphaTrade.com
is seen at some sporting  event or on national  television  and it is associated
with some of the largest brands in the world.  As our brand continues to be more
recognizable,  our ability to achieve  better  results for our  advertisers  and


                                       14
<PAGE>
generate  additional  revenue  from text  promotions  is greatly  enhanced.  Our
advertising programs are unique and innovative and competition in this sector is
virtually  non-existent.  The  caliber  of our  site  demographics  is the  main
attraction  as opposed to sheer  numbers of site  visitors - we attract the most
favorable  demographic due to the  combination of our financial  products with a
strong  sports  presence.  For  the  first  time  in our  company  history,  our
advertising  revenue in this  quarter now  exceeds  the  revenue  from our stock
quotation business.

Our mobile  messaging  business has become a proven  commodity.  We started this
year in Madison  Square Gardens with the  Professional  Bull Riders and our very
first live text promotion. At this event we achieved 50% audience participation.
Throughout  the year we have  conducted  text  promotions  at the New York  Mets
stadium, for NFL Super Bowl tickets, at the NHRA drag races, at a NASCAR race in
Phoenix and many others - in fact,  so far this year we promoted  and  developed
over 50 text  promotions.  This  experience and our  connections in the sporting
industry are setting the stage for us to generate  significant revenue from this
sector of our business. Our database from our text promotions is growing rapidly
and this alone will become extremely attractive from a marketing and advertising
perspective.  Our text clients  include some of the largest  brands in the world
and some of the most dominant sports teams in the United States.

Our cost of E-Gate  sales is the cost of the  financial  content.  Many of these
costs  are  fixed  monthly  fees  while  others  are on a per  user  basis.  Our
advertising  and text message  revenues do not have any such costs.  These sales
will have the highest  profit  margin of all of our sales so as our  advertising
and text  message  business  grow,  the  company's  profit  margins  will become
greater.

We realized a net loss of  $1,033,487  for the three months ended  September 30,
2007 compared to a net loss of $430,928 for the three months ended September 30,
2006 This is an increase in net loss of $602,559 and is  exclusively  due to the
cash paid for our  sports  partnerships  and the stock paid to  consultants  for
marketing  our products.  We fully expect this expense to translate  into strong
revenue  growth for the balance of 2007 and beyond.  We see this  revenue  being
derived from a combination of our innovative  advertising  programs and our text
message promotions. We are building an advertising clientele that is prepared to
pay a premium to have access to our  demographic.  We entered  into these sports
partnerships  knowing the initial year would have  substantial  costs associated
with  it.  We knew it was  imperative  to build  our  brand  recognition  so our
advertising  program could become  effective.  This is exactly what is happening
and we anticipate continued strong growth for the balance of 2007 and beyond.

The management  contracts with our executive officers were amended in the second
half of 2007 to eliminate any additional compensation for 2007. Accordingly,  we
realized related party  compensation  expense of $-0- and $120,000 for the three
months ended 2007 and 2006, respectively.

Our marketing expense increased to $1,819,988 in 2007 from $78,761 in 2006 which
is  understandable  as we grow our  advertising  business and pay for our sports
partnerships. We fully expect this to continue throughout the balance of 2007 as
we have hired some very talented and senior sales people to execute our targeted
marketing program.




                                       15
<PAGE>
We  increased  our  research  and  development  expense to $139,971 in 2007 from
$103,390 in 2006. This is expected to increase as we build  additional  products
with which to generate even more revenue.

Historically,  due to the nature of being a developmental stage company, 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 we
would have reported a loss of $648,601 for the three months ended  September 30,
2007 instead of $1,033,487.

During the nine months ended  September 30, 2007,  revenue  showed a substantive
increase over the same period of 2006. Revenue for 2007 was $4,028,190, which is
a 35% increase over fiscal 2006 sales of $2,994,805.  An increase in revenue was
realized  in all of  our  products  and  services  but  the  highest  growth  is
advertising  revenues.  Advertising  revenues  grew to  $1,675,992  in 2007 from
$854,992 in 2006.  That growth  shows an  underlying  trend for the company with
respect  to our  potential  for  revenue.  Prior to  adding  additional  revenue
streams,  our growth was limited to the growth of the financial  markets and our
share of that marketplace.  With advertising, our potential revenue is unlimited
and restricted only by our own creativity. As our database grows and the success
of  our  advertising   programs  becomes  more  widely  known,  we  believe  our
advertising  revenues  will grow  exponentially.  In addition,  our text message
programs will show some strong growth in the later half of this year but most of
the  significant  growth will show in early 2008.  We believe our new  corporate
direction is  validated  with the success and growth  trajectories  of these new
products.  We do expect the growth of our E-gate  financial  products  to remain
steady. The most important aspect of all of our services is the highly desirable
demographic  we are  accumulating  and the high quality of the  database  from a
purchasing  point of view. This has given us the opportunity to build our highly
effective and innovative advertising programs.

We incurred a net loss of  $2,880,381  for the nine months ended  September  30,
2007 compared to $1,173,734 for the nine months ended  September 30, 2006.  This
is an increase of  $1,706,647  and  directly  related to payments for our sports
marketing programs and increased marketing expenses. We are already experiencing
strong revenue growth in our advertising programs from these partnerships and we
expect the growth to escalate during the second half of this year.

Stock options were issued under our 2007 Stock Option Plan. We realized  related
party  compensation  expense of $240,000 for both 2007 and 2006.  Our  marketing
expense  increased to $3,276,579 in 2007 from $360,160 due to a greatly expanded
marketing program. We decreased our research and development expense to $327,840
in 2007 from  $342,320 in 2006.  Our  professional  fees  expense  increased  to
$1,111,773 in 2007 from  $1,018,888 in 2006 mainly because of share issuances to
consultants  that were assisting in marketing our new products.  Our general and
administrative  expense decreased to $638,067 for 2007 from $755,467 in 2006 due
to the  issuance  of stock  options  under  the 2006  stock  option  plan to our
employees and directors in the prior year.

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 nine months ended  September  30, 2007 would
have  been  $2,053,663.  Excluding  non cash  expenses  for  2006 we would  have
reported an income $114,592.



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<PAGE>
Liquidity and Capital Resources.

We have consistently been financed through loans from related parties and from
raising capital through private equity offerings. We used $1,543,618 and
$142,763 of cash in our operating activities in the first nine months of 2007
and 2006, respectively. This increase of $1,400,855 was primarily due to the
expanded marketing program. For the nine months ended September 30, 2007 and
2006 we received cash totaling $191,000 and $28,750 from the issuance of our
common stock upon the exercise of options granted under the 2004 stock option
plan. In 2007 we also received $1,239,072 from related party advances. 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 2008.

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 Chief Executive Officer
of the Company. The loss of Ms. Perfect or Gordon Muir, our CTO or other key
executives and 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 our 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.


                                       17
<PAGE>
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
itself.

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, 2007:
                                                 Valued
Date             No. of Shares      Title          At          Reason

Jan. 18/2007          266,580      Common         $0.16      Services
Feb. 20/2007        1,035,420      Common         $0.135     Services
Feb. 27/2007          175,000      Common         $0.125     Services
Mar. 15/2007          100,000      Common         $0.12      Services
Mar. 23/2007          115,000      Common         $0.122     Services
Mar. 29/2007           15,000      Common         $0.135     Services
Apr. 05/2007           22,500      Common         $0.17      Services
Apr. 12/2007          375,500      Common         $0.17      Services
May  15/2007           50,000      Common         $0.17      Services
July  2/2007          200,000      Common         $0.21      Services
July  5/2007          902,550      Common         $0.21      Services
July 17/2007           16,500      Common         $0.28      Services
July 18/2007           10,000      Common         $0.25      Services
July 24/2007           29,000      Common         $0.23      Services
July 31/2007            3,000      Common         $0.26      Services
Aug. 14/2007          300,000      Common         $0.23      Services
Aug. 27/2007           54,500      Common         $0.24      Services
Sep.  7/2007          270,000      Common         $0.21      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.

                                       18
<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



















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<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:    11/12/2007                                / s / Penny Perfect
                                                   ----------------------------
                                                   President / Director



Date:    11/12/2007                                / s / Katharine Johnston
                                                   ----------------------------
                                                   Principal Accounting Officer




































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