Advertisement
Want to manage investments on your own? Start by checking out these discount brokerages that offer accounts for Canadians.
If you’re getting frustrated by the investment offerings of your bank or you’re sick of buying investments through your financial planner, it may be time to take the plunge and set up your own discount brokerage account. You’ll be able to eliminate the middleman and make the trades you want when you want.
Here’s a round up of Canada’s discount brokerages. While researching the companies, make sure to find one that has fees that are appropriate to your trading frequency. Some offer reduced fees for heavy traders or people with large accounts.
BMO InvestorLine
CIBC Investor’s Edge
Credential Direct
Disnat
HSBC InvestDirect
Interactive Brokers
National Bank Direct Brokerage
Questrade
Qtrade Investor
RBC Direct Investing
Scotia iTRADE
ScotiaMcLeod Direct Investing
TD Waterhouse
TradeFreedom
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
Which ETFs should you invest in? Which ones best suit your risk tolerance? What about personal ethics? Check out...
A trio of new books from notable (and notorious) authors offer fresh insights on retirement investing.
Covered call ETFs are gaining popularity in Canada, offering higher income for investors—but experts warn of higher fees and...
Canadian markets saw a mix of expansion, earnings gains and challenges this week, with mining, logistics, fintech and forestry...
Fintrac says the Vancouver-based exchange failed to report thousands of suspicious and high-risk transactions, marking the largest enforcement action...
6 proposals to help low-income Canadians get smarter about money and close the growing wealth gap.
Financial secrets can derail relationships. Experts explain how to identify betrayal, understand the cause, and restore trust.
A MoneySense reader has limited retirement income, a paid-off condo, and anticipates a substantial inheritance from her mother. How...
Whether you want the highest interest rate or no service fees, these savings accounts will meet your needs.
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
These are almost all the banks. They charge $10. per trade.
They charge 1.3% to move money between U$ and C$ That Is Absurd! The money never leaves their computer.
Some have limited inventory available for short trades.
Otherwise td is good.
RBC have an office in Vancouver with two guys who face to face can deal with any issue, NOW.
= = = = = = = = =
Near zero charges on trades are nbdb.ca and ibkr.ca
nbdb national bank wait times for phone support can be an hour, otherwise good for cash accounts.
ibkr has gone to facial recognition..
ibkr’s trade summary report is excellent
Questrade has no phone support.