Advertisement

News

The latest posts from SparxTrading – in depth views on the world of online investing.

THE LATEST

category logo

Online Brokerage Weekly Roundup – April 10, 2022

Published April 10, 2022
clock 5 Minutes

This edition of the Roundup looks at unusual behaviour in the deals and promotions section, zeroing in on one bank-owned online brokerage’s uncharacteristic decision to pause an already live offer. Also we highlight the new website launch of a previously household name to see what a chance at a new start could offer in terms of opportunities to connect with new audiences.

Read More >
category logo

Online Brokerage Weekly Roundup – March 22, 2022

Published March 22, 2022
clock 5 Minutes

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

Read More >
category logo

Online Brokerage Weekly Roundup – March 9, 2022

Published March 9, 2022
clock 5 Minutes

In this week’s Roundup, we look at the latest deals and promotions and what they reveal about opportunities for DIY investors to capture even more value when opening online trading accounts. Also, we dive into Interactive Brokers’ master class on continuing to grow their new accounts despite challenging conditions.

Read More >
category logo

Online Brokerage Weekly Roundup – March 1, 2022

Published March 1, 2022
clock 5 Minutes

TD eased its way into commission-free trading with a mobile app-based offering called TD Easy Trade
TD Easy Trade is different and distinct from TD Direct Investing, the traditional online brokerage experience that many online investors are accustomed to
Despite offering 50 commission-free trades per year on Easy Trade and a mobile app-based experience, the feedback from many self-directed investors online was lukewarm because of restrictions on ETF purchases
Expectations for bank-owned online brokerages to get technology and service right are high because of the perceived resources and commission rates
Opportunities for new online brokerages to gain market share are there for those that can provide a best-in-class experience to a specific segment of investors

Read More >
category logo

Online Brokerage Weekly Roundup – February 22, 2022

Published February 22, 2022
clock 5 Minutes

In this reboot to the Weekly Roundup, we took our cues from the biggest sporting events in the world to bring an exceptional edition filled with high degrees of difficulty to compare one of the most influential touchpoints of DIY investors making decisions on which online brokerage to choose: Canadian online brokerage rankings. Grab some snacks (maybe a coffee too), this is going to be a good one.

Read More >
category logo

Discount Brokerage Weekly Roundup – November 22, 2021

Published November 22, 2021
clock 5 Minutes

This week’s Roundup digs into the latest account growth numbers at Interactive Brokers and Schwab, and explores whether the new account growth is being fueled by Robinhood clients looking for an exit. Also, tune in to read about investor chatter on switching brokerages and which online brokerage is being recommended for options trading.

Read More >
category logo

Discount Brokerage Weekly Roundup – October 25, 2021

Published October 25, 2021
clock 5 Minutes

Yet another commission-free online brokerage is slated to come to Canada – this time it’s TradeZero looking to gain a foothold with active traders. Also, read up on the latest feature to launch from Interactive Brokers which they hope will reduce the friction of getting started with trading online. As always check out some entertaining posts from the investor forums.

Read More >
category logo

Discount Brokerage Weekly Roundup – October 11, 2021

Published October 11, 2021
clock 5 Minutes

From new branding, to new pricing, to new features, this week’s Roundup covers exciting developments at online brokerages on both sides of the border. Dive in to read more about customer service at Robinhood, the launch of CI Direct Trading, and BMO adviceDirect’s move to make their service more accessible to online investors.

Read More >
category logo

Discount Brokerage Weekly Roundup – October 4, 2021

Published October 4, 2021
clock 5 Minutes

October is already here, and with it, a new crop of deals and promotions from online brokerages. Also launching this fall season, a brand new mobile trading experience from Questrade, called QuestMobile, that didn’t quite hit the mark with investors. Read more about what investors had to say about the new trading experience.

Read More >