online stock trading canada

Online stock trading in Canada has increased the overall popularity of trading, as online brokerage commissions are low, information is widely available from online resources, and trading has become easy.

It's also easier to find stocks beyond Canada and around the world, with almost all the major stock markets available behind a few clicks of the mouse.

Also, as Internet security has increased (and people become more accustomed to making investment decisions online), and the systems have stood the test of time, there is now more investor confidence in placing actual trades online.

Online Stock Trading Canada - Brokerages

One of the first choices for an investor to make when placing a trade is to find a suitable online brokerage.

Your decision on a suitable online brokerage may depend on

• nature of the trading platform of the brokerage
• selecting either full service or discount brokerage
• trading efficiency (slippage)
• and so on

Available online brokerages in Canada include

• bmoinvestorline.com
• cibcwoodgundy.com
• www.canada.etrade.com
• questrade.com
• schwabcanada.com

You can find lots of information about different online brokerages from online discussion groups such as groups.yahoo.com and groups.msn.com.

For example, the last time I checked, a search query for "online brokerages" (without the quotes) resulted in 1 group at groups.yahoo.com and in 34 results at groups.msn.com. Some of these groups also discuss the brokerages in Canada.

Online Stock Trading Canada - Information Resources

Some of the more popular information resources for stock market information include

• canstock.com
• finance.yahoo.ca (stock market quotes, charts, stock news)
• stockwatch.com
• cdn-news.com (corporate news for Canadian companies)

To get real-time streaming charts and quotes, you generally have to subscribe to premium services.

On the other hand, many brokerages offer streaming real-time charts and definitely quotes as part of their trading platform, so you may not need another service on top of that platform.


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