How to trade stocks on TSX?

Discussion in 'Stocks & Derivatives' started by intelligencer, Feb 21, 2011.

  1. intelligencer

    intelligencer Active Member

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    Guys just want any advice on finding a broker that can trade international especially TSX stocks.

    I wanted something better than Comsec and their ripoff international fees.

    Anyone doing this already?

    Tips? Hints? Guidance?
     
  2. silverwink

    silverwink New Member

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    Try Interactivebrokers.com, I have mentioned them on other threads. I have traded with them for the past 4 years without any problems. Their trading platform is good, and I regularly buy and sell on the TSX and Venture exchanges.
     
  3. s1lv3r

    s1lv3r New Member

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    I use InteractiveBrokers as well, although just for 3 months, and so far no problems. I speak to their support via their chat if I need to and they usually are ok.
     
  4. dccpa

    dccpa Active Member

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    I don't have an account there yet, but many experienced traders have recommended IB to me. You can trade US, CA, AU, HK & some other countries. IB fees are higher than what I pay in the US, but the bid/ask spread is much smaller and the trading volumes much larger. Those two benefits greatly outweigh the higher commissions.
     
  5. silverwink

    silverwink New Member

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    Dccpa, Check on what commission rates you are talking for IB, on US shares I pay a flat fee of US$1.00 for buying or selling, for Canadian shares it is about C$1.00 per 100 shares and for Australian shares A$6.00 per buy or sell. Seems low to me, where are you getting lower ?
     
  6. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    I think you can through St George Direct Shares platform.. plus many other exchanges also
     
  7. Ridesags

    Ridesags New Member

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    I am also looking to set up a international trade account. Any suggestions ?
    Has anyone used Boom Securities (H.K) Limited for international trades ? They trade over 17 stock markets in 12 countries via 1 stock trading account, on single online platform. Manage 6 currencies - HKD, USD, RMB, SGD, AUD and JPY - in one account. baby.boom.com.hk
     
  8. stepladder

    stepladder New Member

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    Its all in characters! I can't read it:|

     
  9. AGgressive Metal

    AGgressive Metal New Member

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    I use Scottrade, which doesn't allow me to directly trade on the TSX that I am aware of, but I can usually find an OTC, pink sheet, or ADR for the company I am interested in. I bought some Barkerville Gold Mines at $1.09 and sold at $1.49, making me happy I went through the trouble :)
     

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