Quote:
Originally Posted by Dan02
I believe IKBR has the lowest fees on stock trades, options and lowest margin rates if that's your jam.
I don't think they pay for referrals though so obviously it's not on the list of the site you linked.
Do your own research though and try out their platforms with their papertrading accounts.
https://www.interactivebrokers.ca/en/home.php
I don't particularly like their app, but I don't do much of my trading on apps anyways. |
I've used IBKR for years, and think they're great. Aside from having lower commissions, lower margin rates, online access to many international markets, and online access to a huge variety of bonds, my favorite thing about them is how they deal with special situations.
I used to have etrade (became Scotia iTrade) and if I ever wanted to tender to a self tender with Scotia the process generally went as follows:
1) call Scotia, wait on hold.
2) connect to rep, who says they can't help with that and transfers me to corporate actions desk
3) wait on hold
4) corporate actions person informs me that no such tender exists and that there is nothing they can do. After threatening to move my account if they won't at least Google the press release, they say they'll get back to me.
5) they call me back less than 24 hours before the deadline, and it takes me 20 minutes to walk the rep through the form.
By contrast, IB puts corporate actions online. You log in, go to their tool, and type in your choice. Takes about 90 seconds.