Choose The Best Canadian Discount Stock Brokerage

These days many people are turning to investing their money using online trading systems

. Since the dreaded global financial down turn, investors are actively looking for more control over their money. By using one of the top Canadian discount brokerages, clients can manage exactly where and when their money is invested.

A discount broker is an online company that acts as a dealer, who distribute funds and trading stocks from the direct instruction of the investor. This gives the client full control over where, and how, their money is allocated and traded. While there are still fees, and certain other requirements involved, all the trading is done online and by the investor only. This creates a cheaper and more successful platform for the active stock trader. There are many online brokerage companies, and the list is continually growing. Most have low fees, low commission rates and impressive returns.

Based in Canada, Scotia i-trade, allows their clients to trade investment stocks on an international level. They provide great value to the client and have a user friendly interface, with many different financial products available. Clients of this brokerage have experienced top of the line customer service, both online and in person.

With a business also set up in Canada, the Interactive Brokers Group enjoys a traditional trading programme. Producing products that give their clients maximum return, with minimum outlay, this broker is popular with online traders. Their systems are effective, user friendly and will suit any one from the at home, novice investor to the experienced Wall Street stock and bond trader.

The Canadian owned Questrade is the perfect environment for the modern day investor. They give their clients access to their systems via interactive resources such as ipods and ipads, while also allowing people to be updated instantly via social media like facebook and twitter. With live, online support staff available 24/7 each account holder has access to immediate customer service.

There are many aspects that an individual must consider before signing up with any online discount brokerage company. Firstly the cost and fees involved in setting up an investment account is important. Be aware of any hidden fees and special requirements, such as minimum trading amounts, that might be involved with a specific product. An investor should carefully consider all the terms and conditions that are associated with each of these companies before committing any hard earned money.

With modern technology it is very easy to be part the dynamic world of international stock trading. Choosing the right discount broker will help you to build equity quickly and make saving for your future effortless.

by: John Trenton

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