Canada's best and worst online brokers in 2014

Trading penny stocks in Canada is where you find the whopping % and % daily gains. There are also non-penny stock industries right now like the Canadian cannabis industry where you could find these sorts of returns, but for the most part it will be with penny stocks.

Account fees — there are a lot of conditions for account fees, so study these carefully. Every other brokerage seems to have a hole in their service somewhere, but Qtrade excels in every area—especially in customer service.

The Globe and Mail

Cet opérateur canadien non-virtuel vole de plus en plus de clients aux très installés Bell, Rogers et Telus et connait actuellement la plus forte croissance (il totalise plus de abonnés en ). On compte 4 offres sans engagements: $40 en illimité Canada, 30$ en illimité Province, $20 en illimité local et 20 cents/min en pay-per-use.

Pour savoir si votre téléphone est compatible, rendez-vous sur GSMArena. Le soucis avec ces fréquences est qu'elles sont peu employées en Europe, vous empêchant ainsi d'avoir la data à l'étranger comme en France. Mais pour une utilisation au Canada et particulièrement à Toronto, c'est parfait. Le principal défaut de cet opérateur est la qualité de son réseau et il est parfois difficile de recevoir un signal dans le PATH ou les sous-sols.

L'emploi du roaming hors zones de couverture grandes villes impliquant une surfacturation peut être aussi contraignant mais par expérience, que l'on soit avec un forfait haut-de-gamme ou non, on ne passe généralement pas d'appels hors des zones habituelles.

Et puis, en réalité, le réseau de couverture au Canada est un vrai gruyère. Entendons-nous, cet opérateur est fait pour les petits budgets et non pour surfer à toute balzingue sur internet sans jamais aucune coupure. Ceux-là iront plutôt chez Bell ou Rogers. False and damaging rumors are spread about the company after the scammer takes a short position in the stock.

This leads to a sudden fall in price and the bad guy ends up making a profit by closing his short position. False claims of finding gold, diamonds and oil at places where there are none. The Guru is someone who has made tons of money with penny stocks, using techniques that he or she would sell at a very small price. Not all of these gurus are scammers, but most are. This is quite a clever one, but easy to spot. Penny stock brokers usually tell potential investors that current stockholders will not sell a certain stock unless a price, usually very high, is offered.

This causes investors to believe that there is high demand for the stock. When buying penny stocks, be aware that smaller sized entities are not required to file documents with the Securities and Exchange Commission SEC , something that bigger companies are required to do. However, all is not lost. When you buy penny stocks, there are different classifications based on the quality and quantity of the information they provide.

As you may have guessed, this classification is also based on the information available. Unless of course you have unlimited amounts of money to burn. There is a general belief among investors that most of the best penny stocks on the TSX Venture usually move up to bigger markets. The only reason they are falsely considered as penny stocks is because of stock splits, and hence the historically adjusted price.

The stocks of these companies became so big that they were divided into smaller pieces, and the historical prices reflected this split. However, that was not the reality, it is presented so only on paper. Many penny stock companies have a small market cap. In turn they are subject to extreme volatility, such as potentially quick changing market forces like commodity prices.

You can find the listing requirements for these exchanges here. This should give you a better idea on the scope of companies playing within the space.

As you continue researching a company that appeals to you, there will usually be some kind of story that plays a part in the pricing. For example, Pharmaceutical Company A is trading at a historical low. This kind of news is common, and it comes into play most often with the hottest Canadian tech stocks and pharmaceutical stocks. Publicly released information tends to have a huge impact on penny stock prices. To be successful with trading penny stocks in Canada it requires you to have a keen eye for these sorts of releases.

Macro research will include things like where you believe commodity prices are going. You then use this information to play the game by purchasing small companies in this space that will benefit from an uptrend.

For example, marijuana stocks have had a huge uptrend this last while as a result of legalization taking place in parts of the US, and now prospectively in Canada for the future. Technical analysis will explore trends in prices that may indicate the future direction of the stock.

At this point is when it is possible that there will be a price upswing for an enterprising investor. An example would be the image below, observe how the penny stock traded within a range of prices before starting to pick up volume and then break out. Most top investors believe that the management is what makes or breaks a company.

Hence, look at the track record of the executives running the firm. Learn to identify promotions: There is a difference between proper equity research reports, which are not really common with penny stocks, and advertisements. Take a look below at the various features that determined its ranking. While the site is centered around providing you with what is essentially a custom-made ETF, investors have the opportunity to control just how much they want to alter.

For this reason, it is one of the best online trading sites for creative portfolio building. If you have been investing for a while, you can also browse through their catalog to create your own motif. These small portfolios are organized by current themes, trends, and strategies , making searching for a motif into an organized and pleasant experience.

A few examples of the categories available through Motif Investing include: Trading Fees and Pricing. Within this bundle of stocks, you can still weight them exactly as you desire. Free Money Management Software. OptionsHouse is one of the best online trading sites for low commission fees and advanced trading technology. They have been named the top broker and have also received the Best for Options Traders award six years running in the annual review.

Their slightly longer time in business has resulted in a plethora of awards calling this choice one of the best online trading platforms. For more information on the features and pricing that makes OptionsHouse rank as one of the best online trading site options, see the following section. The technology offered by OptionsHouse is comparable to what professional brokerages might have in their offices.

They tout their tradeCYCLE process as a way to help you make better trades and increase your profits. Their other platform, tradeLAB , also allows you to take a look at different strategies with customized metrics.

Adjust the volatility to take a more in-depth look at the possible scenarios you may face from trading your stocks and options. From these same screens, you can even place your trades right on the spot. With pre-populated orders, you can set your platform to notify you with alerts.

These trigger alerts will even help you to see great opportunities to maximize your potential profits quickly. You have the opportunity to analyze, learn, and grow a new trading strategy with potential situations that can test whether it will work best for your portfolio. First and foremost, there is no account minimum in order to open an account through OptionsHouse.

When compared to the commission fees on other top trading platforms, this best trading platform carries rates are significantly lower than their competitors. Who benefits the most from the pricing that OptionsHouse offers? Active traders tend to fare better from the fee schedule, with decreased rates as a reward for the more trades you perform. Another long-running best online trading site, TD Ameritrade has been around for forty years and counting.

TD Ameritrade is a top pick for those investors who want access to similar analytical tools used by Wall Street, hedge funds, and institutional investors. Below, we have listed key factors that enabled TD Ameritrade to be listed as one of our options for the best online trading platform. TD Ameritrade provides a wide range of research and trading tools which investors — from new to those more experienced — have found to be very useful when conducting stock, ETF or options research.

This is a great online trading site to use if you only want to invest in American markets, and the fees are competitive and attractive to beginners. In addition to providing powerful trading tools to experienced traders, it is clear that TD Ameritrade has positioned itself to be the broker for new and beginning investors, and it is prone to spending large amounts of money on advertising at large sporting events. TD Ameritrade offers a lot of education and research on potential investments, perfect for beginner do-it-yourself investors or more seasoned traders.

Beginners can get a quick crash course in trading with seminars and webcasts. Learn the different account types and investment products, about taxes, and planning for specific life goals like college or retirement. When it comes to research, TD Ameritrade is a leading online trading platform.

Users have access to an entire suite of investment research tools to analyze investment performance and market data, making it one of the best stock trading platforms for those who want quick access to important market data. TD Ameritrade provides detailed research findings for the following categories: One of the greatest features that marked TD Ameritrade as one of the best online trading platforms is the option to choose which of their platforms works best for you.

You can choose between four options: