Online brokerage promotions in May were slim except for one bank-owned brokerage which is leaning into lowering interest rates on margin lending at a time when rates are rising. Get the latest news on online brokerage offers and why there are likely to be more deals on the horizon as competition intensifies..

What can beginner investors expect from your firm? At National Bank Direct Brokerage, young and new investors are cared for and guided from the very beginning of their experience. As with all our customers, they will pay zero commissions on stocks and ETFs, and if they are under 30 years old, there are no annual administration fees.   […]

Deals and promotions are important tools for online brokerages to continue to attract attention of online investors

Established or larger players may not have to rely on them because they have already invested in advertising and there is some level of awareness

Newer or smaller online brokerages will almost certainly need to get creative with new account promotions

If you thought 2021 was an eventful year (and it was!) at Canada’s online brokerages, wait until you see what’s in store for 2022. In this milestone issue of the Look Back / Look Ahead series, we hear from leaders at Canadian online brokerages about what they saw as the biggest highlights, as well as what they’re working on to impress self-directed investors in the next year. Also, we’ve got the scoop on four new online brokerages moving into the commission-free trading game.

More big news unfolding on the zero-commission trading front. We explore the latest move by Desjardins Online Brokerage as well as comments from TD Direct Investing on the move to eliminate commissions. Also, there are more new features available on SparxTrading.com to help self-directed investors research investor feedback on online brokerages and scan deals and promos more efficiently.

The big news this week: National Bank Direct Brokerage dropped their commissions to zero, ushering in a new chapter in the Canadian online brokerage industry. Find out more and for a view on where things go next.

Even with the Robinhood IPO likely to take the spotlight, we dive into the latest earnings announcement from Interactive Brokers and fish out some interesting features that are flying under the news radar. Also, we look at some of the ups and downs at Canadian online brokerages this past week.

It’s a big news week for online brokerages. In Canada, check out the latest online broker promos and get insights on the current offers and what they mean for DIY investors. Also, the highly anticipated Robinhood IPO is almost here. See what we learned by digging deeper into the documentation.

A commission price drop from a bank-owned online brokerage is adding to the pressure for other Canadian brokerages to lower rates. Deal activity might be springing back to life soon, which is good news for DIY investors.

After making it through 2020, there are few things that would count as truly surprising anymore. Between COVID-19, the wild US presidential election and everything else that has unfolded this past year, 2021 can’t come fast enough for many of us. For Canadian DIY investors and Canada’s online brokerages, despite a wild year of volatility, […]

Update: December 18 After what has simultaneously felt like the fastest yet slowest year ever, we have finally made it to December! In true holiday fashion, Sparx Trading is here to spread old-fashioned cheer and merry updates as we take a (cautious and socially distanced) step into the final month of 2020.  Bargain-hunting DIY investors […]

Welcome to 2020! Lots has happened while the Weekly Roundup has been on hiatus, however much like the snow blanketing rooftops all across the country (including Vancouver), there’s lots of news to shovel through and remarkably a lot to look forward to for DIY investors this RSP season. In this first edition of the Weekly […]

Heading into a long weekend where Canadian and U.S. stock markets are closed until Tuesday, certain investors are braving a long gulf of uncertainty. Meanwhile, a new and white-hot market in cryptocurrency continues to burn 24 hours a day, 7 days a week. In the digital era, “money” truly doesn’t sleep. For Canadian online brokerages, […]