Best online brokerage in canadian options trading
Contact us to suggest a brokerage we might have missed. The heavyweight of online brokers in the US also offers some of the best charting and tracking tools out there. Trade free for 90 days when you open a new OptionsHouse account. Read our OptionsHouse review. More than 8 contracts save 15 cents per contract. Newly merged with Zecco this discount brokerage has an impressive suite of tools including mobile access. Geared towards equities and options traders. Check out TradeKing's video tour for more information on their services and platform.
Offshore discount broker regulated by the Central Bank of The Bahamas. Provide a powerful day trading platform, complete accurate real-time data, technical analysis, market tracking and instant updates.
With arguably the most powerful trading platform available, 4 mobile apps, and a brilliant community ToS is fast becoming the go-to broker for new and experienced traders.
If learning TA and charts appeals to you, run to this broker. Lightning fast executions in a full service broker. SogoTrade is also an old favorite of penny stock traders. International Stock Brokers A list of the top online brokers accepting customers internationally or allowing investments in multiple world markets.
US works out to 0. See their full commission structure. And if so do you get Canadian tax credits on that withheld gains tax?
Or because you are with a Canadian broker you are not withheld tax on your U. Capital gains made in Canada, even on US stocks, are declared in your Canadian tax return, because they are not incomes coming from the US, or foreign income as opposed to real income coming from the US. Every month I receive offers to buy my "properties"!
I bought them from my mom who had received them from her father. I guess this will stay in the family for generations: The sell is converted at the official year average from the CCB published at the end of the year. And then they are simply compiled together with the Canadian stocks capital gains or losses if you have also traded on Canadian stocks.
Does this answer your question? I think I forgot to mention: TD Waterhouse charges 9. Under that, the commissions are higher: Lots of discount brokers do the same, but some offer a very low commission even with smaller total capital.
But do they offer all the reports that you get for free on TD? Even the Royal Bank where my husband used to trade did not offer them: A for the technical part, they have Recognia, which send daily alerts. Gees you could think I'm promoting them, whereas I still oft complain to them. Well, not that often Good luck, and if you don't mind, I would like to know eventually which broker you have chosen. Hi Louise, Thanks very much for all of the helpful information.
It is much more clear to me now how taxes work on stock sales. I am glad to hear that I can declare my gains in my tax return and not have to worry about a large percentage being withheld on my gains. When I became interested in trading, I began searching the net for the best online brokerage, whether it was a U.
When I was searching I became skeptical of the really low commission brokerages because I was worried how safe my money was with them.