Does anyone trade online?
- Thread starter Back Burner
- Start date
I bought Royal Bank back in 2021 or thereabouts when it tanked 20% and stayed there for a while. I see now 5 years later it is up 100% but it was a slow ride. I talked to the bank about getting them to take over my portfolio and turn it into an annuity or some kind of safeguard to pay me a monthly income to equal what I am making working part time. Just enough to survive modestly. They came up with a plan which I kind of like but it is all mutual funds which for me suck big time. In spite of my instincts to stay away, I am flipping a coin on just biting the bullet and going for the safe income. I keep anxiously looking at Sprott Physical Sliver etf which is on a tear. Went up 100% last year.
National Bank and Desjardins also have no commission trades, stay Canadian. I trade between 5-10 stocks a day. Last Monday, I bought 10 stocks and sold 9 by the end of the day. Within 48 hours i bought half back only to sell them 24-48 hours later. See the ganja thread in the Business, Finance and Investing section.MatureMaHABE NO COMMISSION TRADESost: 9222533 said:
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I have 4 trading accounts I like NBDB and Questrade. Questrade is the most liberal with options policy and low fees. NBDB/Wealthsimple and Questrade all have no fees for trading which allows you to average into a position at your leisure. (for buys and sells)
Wealth-simple is free, Questrade has some fees, IKBR is little expensive but provide way wider trading options which are not available in 1 or 2.
1. Zero trading fee trading in Canada - https://www.wealthsimple.com/
2. https://www.questrade.com/
3. https://www.interactivebrokers.ca/
TD currently has a 2% bonus for registered, RRPS, TFSA, RESP, etc.., investment accounts. You have to hold the funds in the account for a year or so.
Webull currently has a 2% bonus for all investment account types and there is a referral bonus, you have to hold the money in the account for a year or so. The offer expires Dec 31 so it is probably too late to get in on it. From what I hear there will be a new promo starting Jan 1. The bonus amounts do not generate a T slip so it is up to you to declare it on your taxes. If you want to get in on the offer, get a friend or relative who does not intend to invest to sign up for webull and have them send you their referral so they get the bonus from your deposit. I got in and the bonus will cover my hobby for the next year, it is basically a year of free pussy for me.
Wealthsimple also has a similar offer but I do not know the details.
Webull currently has a 2% bonus for all investment account types and there is a referral bonus, you have to hold the money in the account for a year or so. The offer expires Dec 31 so it is probably too late to get in on it. From what I hear there will be a new promo starting Jan 1. The bonus amounts do not generate a T slip so it is up to you to declare it on your taxes. If you want to get in on the offer, get a friend or relative who does not intend to invest to sign up for webull and have them send you their referral so they get the bonus from your deposit. I got in and the bonus will cover my hobby for the next year, it is basically a year of free pussy for me.
Wealthsimple also has a similar offer but I do not know the details.
