hi any body interested / have info. about share market in canada ? can we do on line trading ?
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DSD
pretty much every major bank has online trading for both us and canadian markets... also there are a lot of other online brokers who offer the same service... till now the cheapest one i have found ($11 a trade) that does not need $25k just to open an account is ameritrade canada... most bank commissions are arounf $30...
http://www.ameritrade.ca
let me know if anyone else comes across something cheaper, which has lower account opening minimum..
thanks big head . Hi every body if you have any info about share market in canada please share in CD please.
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DSD
I have experience with two online trading accounts-CIBC Investor's Edge and BMO Investorline. The BMO is more expensive but gives access to advanced charting and research reports. In addition it has been adjusted as No. 1 discount broker in Canada.
In my view the major advantage with Bank brokerage account is the ease of cash transactions through your bank chequing account.
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Man's Best Friend
yeah, but if you trade frequently, any convinience of funds transfer hits hard on the commissions you pay... $60 total to buy and sell a security... if you trade frequently, then convinience of funds transfer is hugely offset by having lower commissions..
btw, there is also disnat direct, for $19.95/trade... minimum account opening balance is cdn$15,000...
http://www.disnatdirect.com/
ameritrade is still the cheapest one around i think, $10.99/trade with us$2000 minimum...
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