recommend a good e mini broker in canada

Discussion in 'Index Futures' started by watchdaride, Feb 1, 2008.

  1. 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
     
  2. gwac

    gwac

    int brokers
     
  3. dojistarz

    dojistarz Guest

    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
     
  4. If your friend is a Canadian citizen and wants his funds protected, IB is the only solution.
     
  5. I'm in Canada and use Interactive Brokers. A YM trade will cost less than $5.00 round trip.
     
  6. 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 ?
     
  7. naked1

    naked1

    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
     
  8. I use Tradestation
     
  9. 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?