A friend in canada is interested in geting into trading . Can any one recommend a broker with low fees located in canada for day trading the eminis ? thanks
Interactive Broker (IB) is probably the cheapest in Canada. you can try with http://www.alttrading.com/contact.php Ask for Dwayne Paul. He can get you decent rates but not as low as IB. They had a platform with PFG and it was shity. And for the CTS platform(very good) they could not get this platform to Canadian customers, weird. It was over a year ago. Maybe they made changes and granted access to Canadians nowadays. But why stick to Canada? You'll find better rates in the US of A. My current broker: http://www.shatkinarbor.com/ Rock solid trading platform T4 from CTS. No freeze, no jam and haven't seen any significant down time They accept Canadian too. It's harder and harder for Canadians to open a trading account in the US. Call them all and tell us which one is your pick. DoJi
how do you deal with the taxes ? Is there a canadian branch of IB or is everything done from the US . What sort of documents do you get from them at the end of the year ?
Forex-forex doesn't have to deal with taxes cause he doesn't make any but hey guy I am in Vancouver, come see me I will help you out, PM me, I live in Burnaby
How much now required to open an account as an individual. Few years they were asking only $2000 but now I heard $10000 min to open the account. Is it right?