SICHENZIA ROSS FRIEDMAN FERENCE LLP
                                Attorneys At Law
                             61 Broadway, 32nd Floor
                            New York, New York 10006
                              ---------------------
                            Telephone: (212) 930-9700
                            Facsimile: (212) 930-9725

                                 October 2, 2008

VIA ELECTRONIC TRANSMISSION

Securities and Exchange Commission 100 F Street, N.E.
Washington, DC 20549

       Re:    AlphaTrade.com
              Form S-8 Registration Statement
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Ladies and Gentlemen:

         We refer to the above-captioned registration statement on Form S-8 (the
"Registration Statement") under the Securities Act of 1933, as amended (the
"Act"), filed by AlphaTade.Com, aNevada corporation (the "Company"), with the
Securities and Exchange Commission.

         We have examined the originals, photocopies, certified copies or other
evidence of such records of the Company, certificates of officers of the Company
and public officials, and other documents as we have deemed relevant and
necessary as a basis for the opinion hereinafter expressed. In such examination,
we have assumed the genuineness of all signatures, the authenticity of all
documents submitted to us as certified copies or photocopies and the
authenticity of the originals of such latter documents.

         Based on our examination mentioned above, we are of the opinion that
the securities being registered to be sold pursuant to the Registration
Statement are duly authorized and will be, when sold in the manner described in
the Registration Statement, legally and validly issued, and fully paid and
non-assessable.

         We hereby consent to the filing of this opinion as Exhibit 5.1 to the
Registration Statement and to the reference to our firm under "Legal Matters" in
the related Prospectus. In giving the foregoing consent, we do not hereby admit
that we are in the category of persons whose consent is required under Section 7
of the Act, or the rules and regulations of the Securities and Exchange
Commission.

                               Very truly yours,

                               /s/ Sichenzia Ross Friedman Ference
                               -----------------------------------
                               Sichenzia Ross Friedman Ference LLP





                                Exhibit 5.1 - 1