THE BEST Canadian brokerage?????

Discussion in 'Retail Brokers' started by kds, Dec 10, 2012.

  1. kds

    kds

    Hi, does anyone which one is the best brokerage for Canadians? I have Questtrade but they changed the platform...It sucks. Any recommendation? THX
     
    #1     Dec 10, 2012
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  2. brad10

    brad10

    What did they change to?
     
    #2     Dec 10, 2012
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  3. Kirkx

    Kirkx

    1) For stocks try Jitney Trade. They ditched AxisPro platform used by most other Canadian stock discount brokers long time ago and replaced it with Tradient platform. Unlike AxisPro, Tradient was said to have no outages.

    http://www.jitneytrade.com

    You can find more details in the first post at the link below.

    http://www.financialwebring.org/for...t=111217&sid=39d5bf8e2ccb59f0719a55e25e688944

    If you want to have Canadian Level 2 with quotes from Canadian ECNs in addition to TSX quotes, then you can look at Virtual Brokers. With their AxisPro platform (I don't remember how they nicknamed this thing) they used to offer exchange subscriptions for Alpha and Chi-X, I think.

    http://www.virtualbrokers.ca

    TD Waterhouse used to attract lots of traders because they didn't charge any ECN fees with their AxisPro platform (nicknamed Active Trader).

    Please do more research because I didn't touch Canadian stocks for over two years, so some of the info above may be outdated.

    2) For US futures try RJ O'Brien Canada. They offer CTS T4 platform which is probably better then Interactive Brokers' TWS.

    http://www.rjobrien.ca/

    3) For forex and European and Asia-Pacific markets it's hard to beat Interactive Brokers Canada.

    http://www.interactivebrokers.ca/en/main.php

    I would also suggest to bookmark Financial Webring Forum. It might be a better source of information specific to Canada than ET, especially if you have questions about taxes or stock brokers.

    http://www.financialwebring.org/
     
    #3     Dec 10, 2012
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  4. iamdom

    iamdom

    What don't you like about IQ. What problems are you having. I know the quotes are slightly delayed which is ridiculous. tell them you want to use pro again, you can at least for the next few months. Maybe by then iq will work properly.
     
    #4     Dec 10, 2012
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  5. kds

    kds

    ^^To subcribe L2 & live chart, the fee from Questtrade is $89 per month. This way too expensive as I usually pay only $29.95. And the flaform is not well developed as Light Speed & other...it is more for investors than traders imho.

    Thank to all replies, I appreciate it. Does anyone know who would charge around $29.99 for L2 & livechart, $4.99 per trade & a reliable brokerage that you are using? THX.
     
    #5     Dec 10, 2012
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