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Which Online Stock Broker Is The Cheapest For A Long-term Investor In Canada?

September 12, 2009

in Stocks Compare

Which Online Stock Broker Is The Cheapest For A Long-term Investor In Canada?

All major banks in Canada, phone line provides a stock of goods. BMO action I personally use so that I can speak a little of that. . . the fee is $ 25 per transaction if you have less than $ 100,000. If you have more than $ for all operations was 9. 99. You can trade in any Canadian or U.S. stock exchange or OTC, either online or by phone.

TD also offers a service called TD Waterhouse. I saw it in use. Commissions can be a little higher, but it seems to provide more information such as annual reports, etc.

I never saw investment brokerage RBC site, but I suspect it is comparable.

From what I saw, CIBC is a bank that has been overlooked. . . committees appear to be higher and others.

So, personally, I would go with BMO or TD, unless you want to use an online broker specializing in equity trading, but I have no experience with them.

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