================================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C.20549
                             -----------------------

                                    FORM 10-Q

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

                  For Quarterly period Ended: September 30, 2010; 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 116 - 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 November 3, 2010, is 4,043,756,020.

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





                                       1
<PAGE>
                               Report on Form 10-Q
                       For the Quarter Ended September 30, 2010

                                      INDEX

                                                                          Page
                                                                          ----
Part I.  Financial Information

         Item 1.      Financial Statements.................................. 3

                      Balance Sheets.......................................3-4
                      Statements of Operations ............................5-6
                      Statement of Stockholders' Equity (Deficit)........... 7
                      Statements of Cash Flows.............................8-9
                      Notes to the Financial Statements .................10-14


         Item 2.      Management's Discussion and Analysis
                        or Plan of Operation ............................15-16

         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 ..................... 18

         Item 4.      Submission of Matters to a Vote of Security Holders . 18

         Item 5.      Other Information ....................................18

         Item 6.      Exhibits and Reports on Form 8-K .................... 18

                      Signatures........................................... 19

                      Certifications.....................................20-26















                                       2

<PAGE>
PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements
                                 ALPHATRADE.COM
                                 Balance Sheets

                                     ASSETS
                                     ------
                                                     September 30,  December 31,
                                                          2010          2009
                                                     ------------- -------------
                                                      (Unaudited)    (Audited)
CURRENT ASSETS

 Cash                                                $    173,221  $     63,897
 Accounts receivable, net                                  39,777             -
 Marketable securities-available for sale                 301,183       552,714
 Marketable securities-available for sale related party     1,360         1,256
 Prepaid expenses                                           4,403         1,885
                                                     ------------  ------------
     Total Current Assets                                 519,944       619,752
                                                     ------------  ------------
PROPERTY AND EQUIPMENT, net                               165,750        28,913
                                                     ------------  ------------
     TOTAL ASSETS                                    $    685,694  $    648,665
                                                     ============  ============






























   The accompanying notes are an integral part of these financial statements.
                                        3
<PAGE>
                                 ALPHATRADE.COM
                                 Balance Sheets

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

                                                     September 30,  December 31,
                                                          2010          2009
                                                     ------------- -------------
                                                      (Unaudited)    (Audited)
CURRENT LIABILITIES

 Accounts payable and accrued expenses               $  1,091,642  $  1,162,451
 Related party payables                                 2,101,272     5,756,567
 Deferred revenues                                        346,779       524,383
 Capital lease obligation - Current portion                58,597             -
                                                     ------------  ------------
     Total Current Liabilities                          3,598,290     7,443,401
                                                     ------------  ------------
LONG TERM LIABILITIES

 Capital lease obligation                                  85,815             -
                                                     ------------  ------------
     Total Long Term Liabilities                           85,815             -
                                                     ------------  ------------
TOTAL LIABILITIES                                       3,684,105     7,443,401
                                                     ------------  ------------
STOCKHOLDERS' EQUITY (DEFICIT)
 Preferred shares: $0.001 par value, 10,000,000
  shares authorized: 2,000,000 Class A and
  2,000,000 Class B shares issues and outstanding           4,000         4,000
 Common shares: $0.001 par value, 5,000,000,000
  shares authorized: 4,043,756,020 and 53,756,023
  shares issued and outstanding, respectively           4,043,756        53,756
 Stock subscription payable                                45,080        45,080
 Additional paid-in capital                            44,865,273    34,606,348
 Accumulated other comprehensive income                  (220,115)     (159,098)
 Accumulated deficit                                  (51,736,405)  (41,344,822)
                                                     ------------  ------------
     Total Stockholders' Equity (Deficit)              (2,998,411)   (6,794,736)
                                                     ------------  ------------

     TOTAL LIABILITIES AND STOCKHOLDERS'
      EQUITY (DEFICIT)                               $    685,694  $    648,665
                                                     ============  ============











   The accompanying notes are an integral part of these financial statements.
                                        4
<PAGE>
                                 ALPHATRADE.COM
         Statements of Operations and Other Comprehensive Income (Loss)
                                   (Unaudited)

                            For the Three Months Ended For the Nine Months Ended
                                    September 30,            September 30,
                             ------------------------- -------------------------
                                 2010         2009         2010         2009
                             ------------ ------------ ------------ ------------
REVENUES
 Subscription revenue        $   556,765  $   578,690  $ 1,682,989  $ 1,840,876
 Advertising revenue              70,000      462,421      422,545    1,981,720
 Other revenue                   116,710       73,827      299,551      193,420
                             -----------  -----------  -----------  -----------
    Total Revenues               743,475    1,114,938    2,405,085    4,016,016
                             -----------  -----------  -----------  -----------
COST OF SALES
 Financial content               433,014      337,664    1,172,773    1,136,597
 Other cost of sales                   -         (838)           -          270
                             -----------  -----------  -----------  -----------
    Total Cost of Sales          433,014      336,826    1,172,773    1,136,867
                             -----------  -----------  -----------  -----------
GROSS PROFIT                     310,461      778,112    1,232,312    2,879,149
                             -----------  -----------  -----------  -----------
OPERATING EXPENSES
 Management expense                    -      120,000            -      360,000
 Bad debt expense                    466          121         (883)   1,031,598
 Professional fees                77,531       66,112      286,273      241,993
 Research and development         62,735       62,951      217,111      196,795
 Marketing expense                68,163      145,433      188,747      309,643
 General and administrative      245,691       92,847      482,397      424,604
                             -----------  -----------  -----------  -----------
    Total Operating Expenses     454,586      487,464    1,173,645    2,564,633
                             -----------  -----------  -----------  -----------
INCOME (LOSS) FROM OPERATIONS   (144,125)     290,648       58,667      314,516
                             -----------  -----------  -----------  -----------
OTHER INCOME (EXPENSE)
 Realized gains (losses) on
  sale of marketable securities      671       (4,394)     (52,682)    (324,224)
 Gain (Loss) on settlement
  of debt                    (10,400,000)           -  (10,400,000)    (240,000)
 Other income                     43,145            -       43,145            -
 Interest Income (expense)       (16,394)     (16,675)     (40,713)    (226,562)
                             -----------  -----------  -----------  -----------
    Total Other Income
     (Expense)               (10,372,578)     (21,069) (10,450,250)    (790,786)
                             -----------  -----------  -----------  -----------
NET INCOME (LOSS) BEFORE
  INCOME TAXES               (10,516,703)     269,579  (10,391,583)    (476,270)

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




   The accompanying notes are an integral part of these financials statements.
                                        5
<PAGE>
                                 ALPHATRADE.COM
         Statements of Operations and Other Comprehensive Income (Loss)
                                   (Unaudited)

                            For the Three Months Ended For the Nine Months Ended
                                    September 30,            September 30,
                             ------------------------- -------------------------
                                 2010         2009         2010         2009
                             ------------ ------------ ------------ ------------
NET INCOME (LOSS)           $(10,516,703) $   269,579 $(10,391,583) $  (476,270)
                             ===========  ===========  ===========  ===========
OTHER COMPREHENSIVE
  INCOME (LOSS)              $     1,436  $   297,629  $   (61,017) $  (967,122)
                             -----------  -----------  -----------  -----------
TOTAL COMPREHENSIVE
  INCOME (LOSS)             $(10,515,267) $   567,208 $(10,452,600) $(1,443,392)
                             ===========  ===========  ===========  ===========
BASIC EARNINGS (LOSS)
  PER SHARE                  $     (0.00) $      0.00  $     (0.01) $     (0.01)
                             ===========  ===========  ===========  ===========
FULLY DILUTED EARNINGS
  (LOSS) PER SHARE           $     (0.00) $      0.00  $     (0.01) $     (0.01)
                             ===========  ===========  ===========  ===========
BASIC WEIGHTED AVERAGE
  NUMBER OF SHARES
   OUTSTANDING             3,960,712,542   54,357,342 1,370,386,059  54,345,620
                           =============  =========== =============  ==========
FULLY DILUTED WEIGHTED
  AVERAGE NUMBER OF
  SHARES OUTSTANDING       3,960,712,542   84,357,342 1,370,386,059  54,345,620
                           =============  =========== =============  ==========

























   The accompanying notes are an integral part of these financials statements.
                                        6
<PAGE>
                                 ALPHATRADE.COM

                  Statements of Stockholders' Equity (Deficit)
                                   (Unaudited)
<TABLE>
<S>                 <C>       <C>    <C>            <C>        <C>         <C>          <C>           <C>           <C>
                    Preferred Stock       Common Stock        Additional    Stock         Other                          Total
                    ---------------- ---------------------      Paid-In    Subscription Comprehensive Accumulated    Stockholders'
                      Shares  Amount     Shares       Amount     Capital      Payable       Income      Deficit     Equity (Deficit)
                    --------- ------ -------------- ---------- ----------- ------------ ------------- ------------- ----------------
Balance,
December 31, 2008   4,000,000 $4,000    54,076,023  $  54,076  $33,921,184 $    45,080  $    (40,543) $(36,793,464) $    (2,809,667)

Common stock issued
for services at
$0.02 per share             -      -       400,000        400        7,600           -             -             -            8,000

Common stock
canceled                     -      -      (720,000)     (720)         720           -             -             -                -

Contributed interest         -      -             -          -     676,844           -             -             -          676,844

Net loss for the
year ended
December 31, 2009            -      -             -          -           -           -      (118,555)   (4,551,358)      (4,669,913)
                     --------- ------ ------------- ---------- ----------- -----------  ------------  ------------  ---------------
Balance,
December 31, 2009    4,000,000  4,000    53,756,023     53,756  34,606,348      45,080      (159,098)  (41,344,822)      (6,794,736)


Contributed capital
from related parties         -      -             -          -     648,925           -             -             -          648,925

Common stock issued
for officer death
benefit                      -      - 3,999,999,997  4,000,000   9,600,000           -             -             -       13,600,000

Common stock
surrendered and
cancelled                    -      -   (10,000,000)   (10,000)     10,000           -             -             -                -

Net loss for the
nine months ended
September 30, 2010           -      -             -          -           -           -       (61,017)  (10,391,583)     (10,452,600)
                     --------- ------ ------------- ---------- ----------- -----------  ------------  ------------  ---------------
Balance,
September 30, 2010   4,000,000 $4,000 4,043,756,020 $4,043,756 $44,865,273 $    45,080  $   (220,115) $(51,736,405) $    (2,998,411)
                     ========= ====== ============= ========== =========== ===========  ============  ============  ===============
</TABLE>








   The accompanying notes are an integral part of these financials statements.
                                        7
<PAGE>
                                 ALPHATRADE.COM
                            Statements of Cash Flows
                                   (Unaudited)
                                                    For the Nine Months Ended
                                                         September 30,
                                                 -------------  ---------------
                                                      2010            2009
                                                 -------------  ---------------
CASH FLOWS FROM OPERATING ACTIVITIES

 Net income (loss)                               $(10,391,583)  $     (476,270)
 Adjustments to reconcile net income (loss)
  to net cash used by operating activities:
    Depreciation expense                               22,532           14,377
    Loss on sale of investments                        52,682          324,224
    (Gain) Loss on settlement of debt              10,400,000          240,000
    Transfer of investments to settle debt                  -          500,000
    Increase of investments from non-cash
     receipt of advertising revenues                  (15,000)        (933,481)
    Common stock issued for services                        -            8,000
 Changes in operating assets and liabilities:
    Changes in accounts receivable                    (39,777)       1,170,912
    Changes in prepaid expenses                        (2,518)          (2,000)
    Changes in deferred revenues                     (177,604)        (163,427)
    Changes in related party payables                 201,630          304,333
    Changes in accounts payable and accrued
     expenses                                         (78,809)      (1,242,370)
                                                 ------------   --------------
      Net Cash Used in Operating Activities           (28,447)        (255,702)
                                                 ------------   --------------
CASH FLOWS FROM INVESTING ACTIVITIES

 Sale of securities                                   152,728          174,496
 Purchase of fixed assets                             (14,957)               -
                                                 ------------   --------------
      Net Cash Provided by Investing Activities       137,771          174,496
                                                 ------------   --------------
CASH FLOWS FROM FINANCING ACTIVITIES

 Proceeds from bank overdraft                               -           34,764
                                                 ------------   --------------
      Net Cash Provided by Financing Activities             -           34,764
                                                 ------------   --------------
      NET INCREASE (DECREASE) IN CASH                 109,324          (46,442)

      CASH AT BEGINNING OF PERIOD                      63,897           55,650
                                                 ------------   --------------
      CASH AT END OF PERIOD                      $    173,221   $        9,208
                                                 ============   ==============







   The accompanying notes are an integral part of these financial statements.
                                        8
<PAGE>
                                 ALPHATRADE.COM
                            Statements of Cash Flows
                                   (Unaudited)
                                                    For the Nine Months Ended
                                                         September 30,
                                                 -------------  ---------------
                                                      2010            2009
                                                 -------------  ---------------
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

 CASH PAID FOR:

    Interest                                     $          -   $       29,315
    Income Taxes                                 $          -   $            -

  NON CASH INVESTING AND FINANCING ACTIVITIES:

    Common stock issued for services             $          -   $        8,000
    Equipment purchased under capital lease
      obligation                                 $   (144,412)  $            -
    Contributed capital from forgiveness of
      related party debt                         $    648,925   $            -
    Common stock issued for debt                 $ 13,600,000   $            -

































   The accompanying notes are an integral part of these financial statements.
                                        9
<PAGE>
                                 ALPHATRADE.COM
                          Notes to Financial Statements
                    September 30, 2010 and December 31, 2009

NOTE 1 - CONDENSED FINANCIAL STATEMENTS

The accompanying  financial statements have been prepared by the Company without
audit. In the opinion of management,  all adjustments (which include only normal
recurring  adjustments)  necessary  to present  fairly the  financial  position,
results of  operations,  and cash flows at September 30, 2010 and 2009,  and for
all periods presented herein, have been made.

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.  It is suggested
that  these  condensed  financial  statements  be read in  conjunction  with the
financial  statements and notes thereto  included in the Company's  December 31,
2009 audited  financial  statements.  The results of operations  for the periods
ended  September  30,  2010  and  2009  are not  necessarily  indicative  of the
operating results for the full year.

NOTE 2 - GOING CONCERN

The  Company's  financial  statements  are  prepared  using  generally  accepted
accounting  principles  in the United  States of America  applicable  to a going
concern  which  contemplates  the  realization  of  assets  and  liquidation  of
liabilities  in  the  normal  course  of  business.  The  Company  has  not  yet
established  an ongoing  source of revenues  sufficient  to cover its  operating
costs and allow it to continue as a going concern. The ability of the Company to
continue  as a going  concern is  dependent  on the Company  obtaining  adequate
capital to fund operating losses until it becomes profitable.  If the Company is
unable to obtain adequate capital, it could be forced to cease operations.

In order to continue as a going  concern,  the  Company  will need,  among other
things,  additional  capital  resources.  Management's  plan is to  obtain  such
resources for the Company by obtaining  capital from  management and significant
shareholders  sufficient  to meet its  minimal  operating  expenses  and seeking
equity and/or debt financing.  However  management cannot provide any assurances
that the Company will be successful in accomplishing any of its plans.

The ability of the Company to continue as a going concern is dependent  upon its
ability  to  successfully  accomplish  the  plans  described  in  the  preceding
paragraph and eventually secure other sources of financing and 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 - RELATED PARTY TRANSACTIONS

In June 2010, the Company  entered into the Settlement  Agreement and Release in
Full of All Claims with two related parties. Pursuant to the agreements, a total
of $656,925 related to the prior years' management fee were released.

In August,  2010, an officer of the Company and her spouse  returned  10,000,000
shares of its common stock for surrender and cancellation resulting in a related
party payable of $8,000. The shares were cancelled on August 27, 2010.


                                       10

<PAGE>
                                 ALPHATRADE.COM
                          Notes to Financial Statements
                    September 30, 2010 and December 31, 2009

NOTE 3 - RELATED PARTY TRANSACTIONS (CONTINUED)

Related parties payables consisted of the following:

                                               September 30,   December 31,
                                                   2010            2009
                                               -------------  -------------
Officer bonuses                                $          -   $     78,000
Officer accrued wages                                     -        581,119
Cash advances                                     2,101,272      1,897,448
Officer death benefit liability                           -      3,200,000
                                               ------------   ------------
                                               $  2,101,272   $  5,756,567
                                               ============   ============

The Company  entered into  Promissory  Notes with the  recipients of the officer
death  benefit  wherein  interest  accrued at the rate of three percent (3%) per
annum until  paid.  On July 6, 2010 the  recipients  of the death  benefit  were
issued shares in full and final satisfaction of all amounts due to them.

NOTE 4 - OUTSTANDING COMMON STOCK OPTIONS AND STOCK PURCHASE WARRANTS

In according with Accounting Standards Codification ("ASC") Topic 718 (FAS123R),
the  Company  estimates  the fair value of each stock award at the grant date by
using the  Black-Scholes  option pricing model.  There were no grants during the
quarter ended September 30, 2010.

The general terms of awards such as vesting requirements (usually 1 to 2 years),
term of options granted (usually 10 years),  and number of shares authorized for
grants of options or other equity  instruments  are  determined  by the Board of
Directors.  A summary of the status of the Company's  stock options and warrants
as of September 30, 2010 and changes  during the periods ended December 31, 2009
and September 30, 2010 is presented below:

                                                     Weighted   Weighted
                                          Options     Average   Average
                                              and    Exercise  Grant Date
                                         Warrants     Price    Fair Value
                                       ------------  ---------  ----------
     Outstanding, December 31, 2009      47,105,000  $   0.30  $     0.30
     Exercisable, December 31, 2009      32,625,000  $   0.30  $     0.30
                                       ------------  --------  ----------

       Granted                                    -         -           -
       Expired                                    -         -           -
       Exercised                                  -         -           -
                                       ------------  --------  ----------
      Outstanding, September 30, 2010    47,105,000  $   0.30  $     0.30
                                       ============  ========  ==========
      Exercisable, September 30, 2010    32,625,000  $   0.30  $     0.30
                                       ============  ========  ==========


                                       11
<PAGE>
                                 ALPHATRADE.COM
                          Notes to Financial Statements
                    September 30, 2010 and December 31, 2009

NOTE 5 - SIGNIFICANT ACCOUNTING POLICIES

Use of Estimates
----------------
The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States of America requires  management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities at the date of the financial  statements and the reported amounts of
revenue and expenses  during the reporting  period.  Actual results could differ
from those estimates.

Recent Accounting Pronouncements
--------------------------------
The Company has evaluated recent  accounting  pronouncements  and their adoption
has not  had or is not  expected  to have a  material  impact  on the  Company's
financial position, or statements.

NOTE 6-MARKETABLE SECURITIES

FASB ASC 820, Fair Value  Measurements and Disclosures  establishes three levels
of  inputs  that may be used to  measure  fair  value:  quoted  prices in active
markets for identical assets or liabilities (referred to as Level 1), observable
inputs other than Level 1 that are observable for the asset or liability  either
directly or indirectly  (referred to as Level 2), and unobservable inputs to the
valuation  methodology  that are significant to the measurement of fair value of
assets or liabilities (referred to as Level 3).

The  Company  has  investments  in  marketable  equity  securities.   Management
determines the appropriate classification of the securities at the time they are
acquired and  evaluates  the  appropriateness  of such  classifications  at each
balance  sheet date.  The  classification  of those  securities  and the related
accounting policies are as follows:

Available-for-sale  securities  consist  of  marketable  equity  securities  not
classified as trading or  held-to-maturity.  Available-for-sale  securities  are
stated at fair value,  and  unrealized  holding gains and losses are reported in
Accumulated  Other  Comprehensive  Income of stockholders'  equity.  The Company
determines the cost of securities sold by specific  identification  method.  The
following  is a  summary  of  the  Company's  investment  in  available-for-sale
securities as of September 30, 2010,  consistent  with the fair value  hierarchy
provisions of ASC 820:
                                           Fair Value Measurement
                                          at Reporting Date Using
                        Fair             Level      Level    Level
                        Market Value       1          2       3
                        ------------   --------   -------- --------
Assets:
Available-for-sale      $    302,543   $302,543         -        -
Securities
                        ------------   --------   -------- ---------
Total Assets            $    302,543   $302,543         -         -
                        ============   ========   ======== =========

                                       12
<PAGE>
                                 ALPHATRADE.COM
                          Notes to Financial Statements
                    September 30, 2010 and December 31, 2009

NOTE 6-MARKETABLE SECURITIES (CONTINUED)

Level 1: Quoted prices in active markets for identical assets
Level 2: Significant other observable inputs
Level 3: Significant unobservable inputs

                       Amortized    Gross        Gross           Fair
                       Cost         Unrealized   Unrealized      Market
                       Basis        Gains        Loss            Value
                       ---------    ----------   -----------     --------
Available-for-sale
Securities            $ 522,658     $ 117,019    $ (337,134)     $302,543

Included in marketable  securities  there are shares of common stock with a fair
value of $199,195, which is subject to the Rule 144 hold restriction.

For the 3 months  and 9 months  ended  September  30,  2010,  there were $671 in
realized  gains and  $52,682  in  realized  losses  resulting  from the sales of
marketable securities.

NOTE 7 - CAPITAL LEASE

The Company  entered into a lease for computer  equipment in June 2010. The term
of the lease is for 3 years.  Total gross  amount of assets  recorded  under the
capital lease as of September 30, 2010 is $144,412.

The  following  is a schedule by years of future  minimum  lease  payment  under
capital lease as of September 30, 2010.

Year ending December 31:                                       Amount
                                                              --------
         2010                                                 $ 33,359
         2011                                                   57,186
         2012                                                   57,186
         2013                                                   23,832
                                                              --------
Total minimum lease payments                                   171,563
Less: Amount representing interest                             (27,151)
                                                              --------
Present value of net minimum lease payments                   $144,412
                                                              ========
NOTE 8 - COMMON STOCK

The  Articles of  Incorporation  were  amended on June 1, 2010,  to increase the
authorized  number of shares of the Company's  $.001 par value common stock from
300,000,000 to 5,000,000,000.  On July 6, 2010, the Company issued 3,999,999,997
common  shares at  $0.0034  per share to  satisfy  an  officer's  death  benefit
liability in the amount of $3,200,000.  The Company  recorded a loss $10,400,000
on the settlement of the debt for the difference between the value of the shares
issued and the amount of the debt.  10,000,000  outstanding  common  shares were
surrendered and cancelled on August 27, 2010.


                                       13
<PAGE>
                                 ALPHATRADE.COM
                          Notes to Financial Statements
                    September 30, 2010 and December 31, 2009

NOTE 9 - CONTINGENCY

On May 21, 2009,  the Company  entered into a Release and  Settlement  Agreement
with Professional Bull Riders, Inc. (the "PBR Settlement  Agreement"),  pursuant
to which the Company and PBR agreed to settle all  disputes  and claims  arising
from and relating to the Company's  sponsorship agreement with the PBR. Pursuant
to the PBR Settlement Agreement, the Company agreed to make payments to PBR, for
each of its 2009, 2010 and 2011 fiscal years, equal to the lesser of $100,000 or
30% of the Company's net profit for each fiscal year.  With  considering  of the
business performance projection and going concern, there is no liability related
to this contingency event included in the current period financial results.

NOTE 10- SUBSEQUENT EVENTS

Management has evaluated  subsequent  events through the date of this report and
determined that there are no additional subsequent events to report.





































                                       14
<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-Q.

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.

Results of Operations.

THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2010 AND 2009
---------------------------------------------------------------
During the three and nine months ended September 30, 2010, total revenues were
$743,475 and $2,405,085, respectively. This is a decline of 33% and 40% over the
three and nine months ended September 30, 2009, which had revenues of $1,114,938
and $4,016,016, respectively.

Subscription revenue for the three and nine month period ended September 30 were
$556,765 and $1,682,989 in 2010 and $578,690 and $1,840,876 in 2009. The
decrease in our subscriber revenue is a result of the financial market downturn.
We are hopeful that as the financial markets strengthen that our subscription
revenues will increase.

Advertising revenues for the three and nine month period ended September 30 were
$70,000 and $422,545 in 2010 and $462,421 and $1,981,720 in 2009. The decrease
in our advertising revenues is mainly due to the whole economic and financial
market downturn as companies are not investing in advertising as well as the
loss of our key marketing officer.

Other revenues for the three and nine month period ended September 30 were
$116,710 and $299,551 in 2010 and $73,827 and $193,420 in 2009. This dramatic
increase of 58% for the quarter and 55% for our first nine months of 2010 is the
result of the growth in our web site development and E-Trax departments.

In addition, we had $346,779 in deferred revenue to be realized in subsequent
quarters. This deferred revenue is derived from our extended advertising, E-Trax
and subscription contracts and will be realized in the subsequent quarters based
on the terms of the contracts and the service being provided.

We believe the market conditions at present will encourage people to save money
in every way possible. The cost effective products AlphaTrade offers in both the
E-Gate and E-Trax should help us grow the client base for all of our products.

Our cost of sales for our financial products is directly related to the price of
our financial feeds and content. Some of these costs are fixed monthly fees and
others are based on the number of users or subscribers.

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<PAGE>
For the three and nine months ended September 30, 2010, our cost of sales were
58% and 49% of revenues compared to 30% and 28% of revenues for the same periods
in 2009.

During the three and nine month period ended September 30, our operating
expenses decreased to $454,586 and $1,173,64 in 2010 from $487,464 and
$2,564,633 in 2009. The decrease is primarily due to 1) a reduction in
management fees incurred in 2010, 2) a $1,030,477 write-down of non-cash trade
receivables in 2009, 3) lower spending and savings on marketing, professional
and general fees and administration expenses. During the three and nine months
ended September 30, 2010 we incurred $68,163 and $188,747 in marketing fees
compared to $145,433 and $309,643 in 2009.

The Company recognized Other Expenses totaling $10,372,583 and $10,450,250 for
the three and nine months ended September 30, 2010, respectively, compared to
$21,069 and $790,786 during the comparable periods of 2009. The increase was the
result of a $10,400,000 loss on the settlement of the debt partially offset by
less realized losses on sales of marketable securities, lower interest expenses
in 2010 and $240,000 loss on forgiveness of debt incurred in 2009. The interest
rate on the Company's debt was reduced in the second half of 2009. We also
realized $43,145 of other income from the settlement of a lawsuit.

We realized a net loss of $(10,516,703) and $(10,391,583) for the three and nine
months ended September 30, 2010 compared to a net (loss) income of $269,579 and
($476,270) for the same periods ended September 30, 2009.

Liquidity and Capital Resources.

We have consistently been financed through loans from related parties and from
raising capital through private equity offerings. We used ($28,447) and
($255,702) of net cash in our operating activities in the nine months ended
September 30, 2010 and 2009, respectively. We expect that in the next twelve
months the cash generated by our operations will be adequate to cover our
operating expenses.

There were $137,771 net cash provided by investing activities for the same
periods in 2010 and $174,496 net cash was provided from the sale of marketable
securities in 2009. It was mainly resulting from $14,957 capital expenditures
which were offset by $152,728 sales of securities in 2010.

During the first nine months ended September 30, 2010, we incurred a $144,412
capital lease obligation in financing activities compared to $-0- for the same
period in 2009.

Given the right circumstances, we would entertain a secondary financing if it
would ensure our growth could be greatly fast-tracked otherwise we will focus on
building our business via revenue growth. Currently, we do not have any
definitive plans for a secondary financing.









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<PAGE>
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 on September 30, 2010 are effective to ensure 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, and are designed to
ensure that information required to be disclosed by us in these reports is
accumulated and communicated to our management, as appropriate to allow timely
decisions regarding required disclosures. There has been no change in our
internal controls or in other factors which could significantly affect internal
controls subsequent to the date we carried out our evaluation.






































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<PAGE>
PART II - OTHER INFORMATION.

Item 1.Legal Proceedings.

None.

Item 2.Changes in Securities.

None.

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
Sarbanes-Oxley Act of 2002.

         Exhibit 31.2   Certification of Principal Accounting Officer Pursuant
to Section 302 of the Sarbanes-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:    November 15, 2010                          / s / Gordon J. Muir
                                                   -----------------------------
                                                   Chief Executive Officer




Date:    November 15, 2010                          / s / Katharine Johnston
                                                   ----------------------------
                                                   Principal Accounting Officer


































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