Commission free options trading canada

Minimum $ per order. US contracts under 10k volume. $ per contract. Minimum order $ However, you need to run at least $10usd in commissions​.
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For anyone reading the comments and wondering what a bracket or conditional order type is, Questrade defines it as such:. Bracket orders give you the tools to set all these parameters within a single order entry window. I love IBKR. Been with them for 10 years. The interface s are more professional; but easy to use. Lacks research, and you have to pay for real time quotes. If you have another brokerage account you can use that for real time quotes.

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Also no access to Mutual funds. Great new Web interface and decent IOS apps. Hi rgz, F-series mutual funds are only available through a fee-based advisor.

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Self-directed investors like you and me cannot access these funds. Virtual brokers will let you buy F class mutual funds. Can you provide me with all companies that will allow Canadians to trade in Grey Market Stocks? Thanks in advance for your help with this. Hello, I have been talking with a financial planner regarding my investments and would like to use the SWP strategy systematic withdrawal program.

Wondering if you you know if I can still do this through ETFs and following the couch potato method or is this something that is only available through mutual funds and the access financial planners have to the market through large funds? I believe it is a CRA thing but not sure I can accomplish it doing self directed investing? Hi Dylan, you can certainly follow a similar method with a portfolio of ETFs. One strategy to consider is to move to Wealthsimple. I worked through a case study with them a few years ago where they explained how they work with retirees to generate retirement income from their portfolios, taking a holistic approach across all accounts.

Not a bad deal! With Wealthsimple Is there away of opening a account and buy and sell stocks without having a Android phone? I have a I Phone and PC lap top….. Short of building a portfolio of ETFs, if I still want to invest in Mutual Funds, but without the embedded commission which pays a trailer commission despite going discount which means NOT getting any advice , do any or all these platforms permit you to invest in the MF Series at the given company which does NOT include the embedded trail commission ie.

F-class mutual funds are only available through fee-based advisers who charge a percentage fee based on your total assets invested with them. TD e-series charge trail commission fees.

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It is embedded into MER despite they do not provide any advice. I know because I invested for years in e-series TD mutual funds. I phone them about it by the customer service gave me a lame excuses about it. I heard that in Ontario there was class action preceding due to this issue but I do not know the outcome. Hi Aleksandar, yes you can use Questrade to trade during pre and post market sessions. I get you have an affiliate program with them but this is an important omission.


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Questrade is definitely NOT the best in the market. At least with the new customers. I have been waiting for a week to get my account activated. Everything is sent and confirmed. The only thing is they are waiting to verify my documents. I made the mistake of sending the funds so that when the documents are verified, I could start trading right away and it has taken them one whole week to verify them and they give me a different timeline every time I communicate with them.

They say they are flooded with requests and have not been able to handle them.

Zero-commission stock trading revolution sweeps the U.S., but Canadian investors may have to wait

If that is how they treat their new customers, I would not want to be there in case of having any issues with the platform. Please know these are extraordinary times, both with the pandemic and people working from home, and with the incredible downturn in the markets last month not to mention tax season as well. All brokers are busy and doing what they can to service both new and existing clients. Hang in there!


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I do like the platform, but at 9. I am very close to moving all my assets to another platform, so this article is a worthwhile read, thanks for posting it.

7 ways Canadian stock options will cost you money

Are any of these better suited for dividend investing, such as automatically reinvesting dividend payouts into Fractional shares and whatnot? It is nicely tailored for dividend portfolio growth. Hi Hunter, most brokerages will set up an automatic DRIP for your dividend stocks, provided that the dividend payment covers at least one share. Unfortunately I have not found dividend reinvesting not very good in Canada. Questrade does reinvest dividends on US and Can stocks. Your mileage may vary at different brokerages.


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On the plus side, it might be more beneficial to receive the dividend in cash anyway and control where you reinvest that money. Have to disagree with Scotia iTrade having excellent customer service. Simply not true!! I have tried to call them 4 to 5 times and have never had them pick-up the phone. I have been on music hold for at least 40 minutes each time and maxing out at 1 hour 50 minutes. I sent them an email to complain and it took them days to respond and they simply admitted to having problems with call volumes.

I decided to open an account with Questrade which I now regret. Questrade showed different dollar amounts for my accounts depending on which page I was on which is highly disconcerting! This is a no brainer…. We in Canada have been robbed by unreasonably high trading fees for way too long.

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Hopefully the others will follow suit and sharpen their pencils when they start losing business to WST, as it will only get better with time and customers. Once again………. I find WS adequate but very limited. They have no U. Every time I buy a US based stock and sell the same day I get dinged on both ends of the exchange rate. Please include more information on options trading! The Scotia itrade pricing is incorrect. Thanks for alerting us! The fees that are listed in the article are from about a year ago. Thank you! Are there any discount Canadian web brokers that will hold warrants, debentures and non-traded BCFs as part of a portfolio?

Questrade allows you to trade warrants and rights, notes and debentures, and non-DTC eligible securities.