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Which Company/Website do you use and think is best to do stock trading?

His Majesty

Banned
Dec 28, 2009
133
0
0
Hey mates, was just wondering what you guys think are some of the better companies to trade with. Would you recommend doing it through a major bank like RBC or Scotia iTrade, TD Waterhouse, etc. or through a stock only company?

BTW, I'm just a beginner.
 

theycallmebruce

Active member
Nov 17, 2002
1,107
1
38
Try RBC Direct Investing. They recently started a "practice account" that allows you to trade with fake money. This is a good way of getting started since you are a novice to investing. Good luck.
Bruce
 

His Majesty

Banned
Dec 28, 2009
133
0
0
I'm signing up with RBC Investments today and using their practice accounts.

How do you guys shelter your profits you make from taxes? Through RRSP account or TFSA? TFSA I believe is 10k limit right?

What I don't get is why you would use RRSP when you still get taxed upon withdrawl? I guess you want to use that money that would be taxed as more investments?
 

doctor one

New member
Oct 26, 2007
13
0
0
I use TD as a trading account, but use the Globe Investor Gold (annual fee) for tracking my portfolio as well as research etc. These resources along with a lot of viewing of BNN and Stockchase.com to round out the investor knowledge. In addition I subscribe to Vector Vest and am pleased with the information as well.

Good Luck
 
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