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Originally Posted by Winsor_Pilates
Good thread, I need this too. I looked at E-trade, but don't have much $$ and won't trade much. What's a good site without minimum balances and trade frequencies?
I am looking to put a few thousand into some penny stocks to start, and once that hits big, I'll go from there.
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Look into Canadian Share Owner
www.investments.shareowner.com
I have an account with them but have never made a trade with them. I just opened the account and it has sat idle. It was easy to set up and I think if you just had a basket of blue chips to buy you would do ok there also. I don't pay any fee's to have this account sit idle. I think the deal with them is that they only trade a few times per month and it is only a select group of stocks that you can buy with them. If the fee's are what they say they are then they are dirt cheap. I haven't pursued them as I am happy with E-trade and it is a more comprehensive service and besides there are a few bottom feeders that I buy from time to time just to keep things interesting (90-10 rule applies).....But if you are looking for a low cost option where you don't require a minimum balance then I would check it out!