Online Broker
If you want to find the best online or discount brokers in Canada, or if you want no-commission trades while simultaneously getting the best stock and ETF research, then you’ve come to the right place.
Questrade: Unfairly rated, perhaps?
I wanted to try Questrade after the most recent J.D. Power ranking called the 2017 Canadian Self-Directed Investor Satisfaction Study came out. I was surprised that this independent online brokerage finished last in this ranking, so I took on the…
3 Canadian Penny Stocks Popular with Robinhood Investors
Penny stocks remain popular with retail investors as they allow you to gain exposure to the equity markets with a small amount of capital. For example, if you have $500 to invest you can buy just 10 shares of Enbridge.…
Norbert’s Gambit: Convert CAD to USD in a Cost-Efficient Way
Investing in the U.S. equity and bond markets allows Canadians to diversify their capital and lower overall risks. Several growth stocks trading south of the border also provide Canadians an enticing opportunity to grow long-term wealth and most domestic brokerages…
3 ETFs for Canadians Looking to Invest In the S&P 500
Let’s be honest. Most investors aim to generate consistent returns and build long-term wealth. As interest rates and bond yields are near record lows, equity markets remain the top bet for Canadians looking to beat inflation rates. One of the…
The Ultimate Guide to RESPs in Canada for 2023
One way to give your child a head start in life is to save for their education. The Registered Education Saving Plan (RESP) allows you to put money aside for education and enjoy tax benefits from the Canadian government. This…
Wealthsimple Trade: Pros and Cons
Wealthsimple Trade is an online brokerage that allows you to trade stocks and ETFs without any brokerage commissions. As is the case with other online brokers, this platform dedicated to independent investors does not offer financial advice or recommendations on…
Scotia iTrade Review
To invest in the stock market on your own, it’s essential to choose the right online broker. Luckily, there’s no lack of options! Here’s a guided tour of a first-in-class online broker, Scotia iTrade, for those who are ready to…
The Ultimate Guide to RRIF in Canada for 2022
When you retire, you need to withdraw money from the retirement savings in your registered retirement savings plan (RRSP). This is where the registered retirement income fund (RRIF) comes in. You can convert your registered retirement savings plan (RRSP) plan…
Qtrade Review
While in line to use the automated teller machine, I overheard two people discussing their most recent investments on the Canadian stock markets. "I don’t need to keep my brokerage account with XYZ bank. I’ll be transferring my assets to…
10 Golden Rules for Self-Directed Investors in 2023
Sponsored by National Bank Direct Brokerage Is it time for you to become a self-directed investor and use a direct brokerage service? Do you want to cut out the middleman and invest in companies you trust? Here are our top…
Should you switch from a full service to a discount brokerage?
The internet has changed the way we interact, the way we work, and the way we educate ourselves. But one of the biggest industries to be affected by the coinage of the internet is the stock market. With the evolution of the…
Understanding Dividend Stocks in 8 Questions
In collaboration with National Bank Direct Brokerage At a time when growth stocks are falling out of favor, dividend stocks can win the day. Here are 8 questions to learn more about dividends. 1. What is a dividend? A dividend…
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