best discount brokers

[newtohobby]

looking to get an account, I think most of them are online, can u make trades over the phone with these companies. Any recommendations would be good. thanks

 

[datyIsGr8]

I would caution you on this, with the turmoil in the markets being what it is, you need to remember some of these online traders are poorly financed or are arms of banks which may collapse or suffer other difficulties. For now, i would recommend staying in Canada with the big banks. They offer online trading and it would be much less risky. ScotiaMcLeod is a fine choice for that sort of thing.

 

[W3bster]

Over the phone as in talking with someone? I've never really done a comparison but I'm fine with TD Waterhouse's online site for my purposes. Haven't used their automated phone system to place trades for nearly 8 years now--but when I did I had no issues with it. I would like to consolidate with my RBC online banking for organizational purposes but it's not a pressing issue and TD hasn't given me a legitimate beef or reason to do so.