Canadian stock market research tools

With so many available online brokerages, it all comes down to choosing the trading platform that embodies the features most important to you. These are some of the factors considered and approached a trader should utilize to choose the right platform. Due to the proximity of both countries, relaxed trade barriers, including close cultural and political ties, trading stocks online in Canada is similar in many ways to trading as a US resident doing so from the United States.

As a Canadians investors, you need to be aware of these differences. Various order types are standard across the industry, like market orders, limit hours, and stop orders.

However, what is available in terms of trading stocks varies between Canada and the US market. Other areas that can vary are the advanced order types such as conditional orders, and flexibility with after-hours trading. Mobile app adoption is almost total in the US market.

In Canada, however, not every broker has a mobile app, and even when they do, the quality can differ dramatically in terms of the features offered. In the US, banks offering online trading services such as Merrill Edge through Bank of America tend to provide a seamless client experience. They strive to provide a consistent login interface between the bank and its brokerage arm, making switching between these platforms easier. This also makes other tasks like moving money between these accounts more flexible.

Therefore, US residents have come to expect a more integrated, holistic experience with similar core functionality. To underscore the positive impact of Questrade, Canadians regard this online broker founded in as not only the best for trading in the Canadian stock market, but also in the US as well.

For Canadians who have borne the short end of the stick when it comes to low-cost trading for several years, especially compared to the States, Questrade pricing and reach is a refreshing change.

It provides a barebones fee structure that is coupled with an excellent trading platform consisting of numerous tools to assist traders. It also allows access to IPOs, international equities, even precious metals and guaranteed investment certificate GICs. Its mantra of enabling you keep more of your money is reflected in its structure of letting clients save more on fees so that they can invest more for themselves.

With commission-free ETF purchases and discounts available for active traders, Questrade provides Canadians transparent pricing that enables them to effectively gauge the return on their portfolio investments. Questrade allows its clients to trade through three trading platforms, including forex and CFD platform. It includes market data packages to help clients make informed decisions, with the basic and enhanced options providing real-time and live-streaming data respectively.

Questrade also provides robust options for both international and regional transactions. Questrade offers clients two options to invest, each accompanied with lower fees: The largely do-it-yourself Self-Directed Investing, and the Questwealth Portfolios. The latter enables you create a pre-built portfolio, while the former leaves you to your own devices with self-directed account, although you get to save on fees.

Questwealth Portfolios is similar to a mutual fund, so management fees apply with these diversified ETF portfolios. However, because this portfolio is intelligently designed by experts, it can help you achieve your financial goals faster, especially against the backdrop of its lower fees 0. Questrade is web-based but also provides the option of a mobile app.

Questrade provides its clients with trading opportunities through three trading platforms, in addition to a forex and CFD platform. Questrade provides versatility by supporting a variety of account types, ranging from the traditional margin kind of accounts, up to retirement accounts, and even a good dose of some managed accounts.

An active trader has the availability of several options with regard to Questrade data plans. Being an active trader, you automatically have access to the Basic plan, but by paying an additional monthly fee, you can gain access to even more data add-ons. Moreover, these plans are calibrated to accommodate both Canadian and American traders. Basic is ideal for new and novice traders. Apart from providing a one-click real-time data, it comes with both Canadian level 1 snap quotes and U.

Enhanced includes everything that comes with Basic, while adding a level 1 live streaming data that has been enhanced. Other provisions are amenities to help facilitating day trading speculation such as live streaming for the Intraday Trader.

Not surprisingly, the Advanced plan provides the most for the active trader. Available are advanced level 1 and level 2, which incorporate live streaming data for Canadians, along with U. Want to know more? Check out our in-depth Questrade review. Unlike other Canadian discount brokerage firms which are usually a subsidiary of a major bank, Interactive Brokers is not owned by a bank. However, it is no slouch: by virtue of its volume of daily average revenue trades alone, Interactive Brokers is the largest electronic brokerage firm based in the US.

Its ethos is more geared and inclined towards the active traders than the long-term investors. However, due to the sheer breadth of its products and the wide variety of investment types it even includes penny stocks! Interactive Brokers provides several different trading platforms, such as its Traders Workstation TWS which operate as a desktop. Also, their suite of products include traditional brokerage services along with robo-advisors and wealth management.

Canadian brokerages work hard to stand out against one another beyond branding and marketing. What really matters though is the trading experience you receive once you are a client with a funded account.

Many Canadian banks offer customers the ability to buy and sell shares of stock. However, the costs to trade are almost always more expensive than using a standalone discount online broker such as Questrade or Qtrade.

In addition, standalone brokerages offer more comprehensive research and better trading tools. All in all, besides the convenience factor, we do not recommend Canadians use their bank to invest in stocks. 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.

Interactive Brokers is regulated and offers forex trading to residents of Canada. When buying and selling shares of stocks as a Canadian, it is crucial to use a regulated online broker. Canadian brokers like Questrade and Qtrade are properly regulated, which protects investors in the case of fraud or bankruptcy.

Your online broker acts as an intermediary, connecting you to the stock market. When you use an online broker to buy and sell shares of stock, the broker routes your orders a market center to be filled, and you receive the shares.

Tamarack Valley Energy Ltd. Baytex Energy Corp. Crescent Point Energy Corp. Bombardier Inc. Class B Subordinate Voting Shares. Shaw Communications Inc. Class B Non-voting Shares. Trican Well Service Ltd. Whitecap Resources Inc. Josemaria Resources Inc. Athabasca Oil Corporation.