09/12/ · The only two US brokers that offer options trading (plus fancy trading platforms and low commissions) that have the official Canadian office are: Interactive Brokers Canada OptionsXpress Canada 14/04/ · For all-around use as a discount brokerage, Questrade goes out of its way to make the service accessible to every type of investor. Other reasons we love the platform: Best For No/Low Trading Fees. When it comes to fees, Questrade comes out on top for its affordability. The discount brokerage does not charge commissions on ETFs. Questrade also boasts the second-lowest equity Estimated Reading Time: 8 mins Questrade is the best Canadian online broker for beginners. Not only is Questrade easy to use, but it also charges some of the lowest fees in the industry. Questrade is available to all residents of Canada, and charges equity traders $ per share, with a $ minimum and $ maximum per trade
Best Discount Brokerages In Canada For Investing
Discussion in ' Retail Brokers ' started by derthertMar 19, canadian discount options brokers, Log in or Sign up. Elite Trader. Best Canadian Options Broker? Any reviews Discussion in ' Retail Brokers ' started by derthertMar 19, A friend has asked me about a good options broker in Canada, canadian discount options brokers.
Not something I am too familar with. Looking for relatively cheap fees will be trading less than 10 contracts, usually contracts per trade. ScotiaItrade TradeFreedom RBC etc Looking for a decent broker, decent fee's cheaper the bettereasy account opening process, web based trading. quest is known on here as being a crap broker TD obviously is absurd for options given the commisions, and even if you did big lots, the fills are shit with TD. Doesn't IB make canadian discount options brokers market in Canadian options?
If they don't, surely you can get filled on the Canadian exchanges? I'm assuming that canadian discount options brokers you say 'an options broker in Canada', you mean a broker headquartered in Canada who can get you filled on options on instruments traded in Canada.
If you want fills on U. options, canadian discount options brokers, none of the brokers you mentioned are in the top 5. VPhantom likes this. Has anyone more recent positive experiences? Last post is more than a year old. Unfortunately I agree with the sentiment expressed in previosu posts on thsi topic, canadian discount options brokers. I am using US based brokers for the US markets, but would love to have someonesay comparable to TOS, to operate with Canadian securities.
Any suggestions? TradeFreedom is no more, they won't even let you open an account for options now, you have to open with i-trade. They got bought by scotia and all accounts are being migrated over which sucks because tradefreedom had great charting and scotia have terrible charting. Here are some ideas. If you courier the paperwork and wire the funds, the account will be opened and ready for trading canadian discount options brokers next day, assuming you just fund it with cash, transferring securities is a recipe for problems with any broker.
The problem with both IB and OX is that they both apply Pattern Daytrader Rule to Canadian residents. I'm not aware of any Canadian broker applying PDT. The next broker to look at should probably be Jitney Trade. Unlike canadian discount options brokers the rest, it's not run by banking executives, but by option traders kicked out from Montreal Exchange after their trading floor was closed.
Their website is often not up-to-date so it might be better to send them email with your questions. The other broker to look at would be Virtual Brokers. They are in the retail game for just over a year and still trying to built the customer base. As far as Think or Swim is concerned, TD Waterhouse is planning to roll it out in Canada sometime next year, they have been working for a while on getting access to Canadian exchanges with TOS, originally it only covered US markets, canadian discount options brokers.
Scotia iTrade, on the other hand, is developing in-house their own trading platform from scratch. It's said to have more features for option trading then AxisPro, currently offered as a premium platform. TradeFreedom is history, it is being merged with Scotia iTrade or has already been merged.
The number of horror stories on the web forums about them far outnumbers complaints about any other Canadian broker. I figure this is better than starting a fresh thread. You must log in or sign up to reply here. Your name or email address: Do you already have an account? No, create an account now. Yes, my password is: Forgot your password?
Option Trading Canada! Interactive brokers Canada, Questrade or ThinkorSwim
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9 rows · 04/04/ · The most popular discount brokers end up being those tied to where the investor banks. This is Estimated Reading Time: 5 mins 14/04/ · For all-around use as a discount brokerage, Questrade goes out of its way to make the service accessible to every type of investor. Other reasons we love the platform: Best For No/Low Trading Fees. When it comes to fees, Questrade comes out on top for its affordability. The discount brokerage does not charge commissions on ETFs. Questrade also boasts the second-lowest equity Estimated Reading Time: 8 mins Deep discount online direct access broker offering trading of options, futures, forex, stock worldwide and in Canada Our single-minded focus on building technology for 28+ years has allowed us to create the premier direct access trading platform
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