Who's rating them?Actually, BMO Investorline has consistently been rated the best or better than all of the above over the last several years...
I'm just sayin'
Barron's is a well respected publication. Anyways, I highly recommend anyone sign up for their paper money account and give them a fair shake. Their software is amazing.thinkorswim was rated #1 overall online broker, "best for frequent traders," and "best for options traders" in Barron's ranking of online brokers, 3/16/2009; "best software-based online broker and "best for options traders," 3/6/2006 and 3/5/2007. thinkorswim was evaluated versus others in eight total categories, including trade experience/execution, trading technology, usability, range of offerings, research amenities, portfolio analysis & reporting, customer service & access and costs. thinkorswim topped the list in 2006, 2007 and 2009 with the highest weighted-average score and was runner-up in 2008. Barron's is a registered trademark of Dow Jones & Company © 2006, 2007, 2008, 2009. Supporting documentation for any claims, comparisons, recommendations, statistics, or other technical data, will be supplied upon request.
DJK, Is that website something you'd recommend for a beginner trader ? And is it compatible with MAC computers? (apple)www.thinkorswim.ca (they're now owned by TD but so much better).
Sign up for a paper money account, play with their web and desktop software and then tell me with a straight face that their software is not fucking amazing.
Yes, they are great for new investors. I started trading with them and have been pleased.DJK, Is that website something you'd recommend for a beginner trader ? And is it compatible with MAC computers? (apple)
DJKYes, they are great for new investors. I started trading with them and have been pleased.
I'm also on a mac and their desktop works perfectly. That's one thing I love about them - they get technology. Their software is available on windows, mac and many mobile platforms. Their web interface is amazing.
Thinkorswim is an online broker in Canada? First I've ever heard of them.
Who knew? Not I...
Barron's is a magazine produced by Dow Jones which also publishes the Wall Street Journal.DJK
Mate, thats for the info. but Im a bit confused, so barrons is the actual trading company but thinkorswim.ca is just the domain name? and they are owned by TD which means they are just as safe as any of the big 5 trade companies?
is there any downsides to this software,cons??
The software can be overwhelming at first due to being feature rich.I was playing around with the thinkorswim software and it feels a bit complicated, i think this is just because I just started using it.
djk, what are the price per trade for it?
Lower commissions are always good.depends if you are a high net worth investor or not. for small ... under $100k, any of these are adequate... over that, then you wanna get into something that charges less commission and provides the same and better service.. like Qtrade... not to be mistaken for Questrade- they are the worst.
How do you move money in and out of your trading account at iTrade? Do you need a separate ScotiaBank chequing account?I am very happy with Scotia iTRADE.
The buy and sell people have to make TWO correct decisions. The buy and hold people have to make only ONE correct decision (when to buy). Buy Canadian bank stocks and utilities on dips and you should do fine.Not one has lived up to it's claims and provided better results than my 'buy and hold' portfolio that averages over 20% per year since I started back in early 90s.