Sentences with phrase «small discount brokerages»

Winning new business is clearly on the minds of big and small discount brokerages with a number of promotions aimed squarely at Canadian investors looking to open RRSP accounts.

Not exact matches

This discount brokerage firm offers a nice variety of commission - free ETFs — everything from ones that buy small companies, mid-sized companies or large companies; to one that buys the entire stock market; to ones that focus on certain commodities and industries.

Many discount brokerages are online services and are a fantastic resource for small time investors due to their lower transaction price, wealth of knowledge and tools they provide to their clients and the ability of the client to maintain a lower balance in his or her brokerage account.

On the other hand, a self - directed investor with the same $ 500,000 who is buying their own ETFs at a discount brokerage will be paying only small commissions to buy and sell securities (typically $ 10 per transaction) plus whatever the underlying MERs of their investments are.

Using DRIPs in a discount brokerage account is also impractical if you own a small number of shares, and direct stock - purchase plans strike me as a lot of paperwork for a new investor to manage.

But unlike a discount brokerage, ShareOwner uses a dollar - based trading platform that enables you to buy and sell small amounts, and to own fractional shares.

If you are a big contributor with a small portfolio and are keen (but not superkeen) to save costs then it might make sense to start at a discount brokerage instead of at TD and then switching.

One problem with that method is that I suspect a lot of investors will set up the account at TD but they won't switch to a discount brokerage at the right time or at all which means in the long run they will end up paying more fees compared to if they had just started buying ETFs even when the account was fairly small.

As the big brokers keep getting bigger, there was little room to compete if you were still holding on as one of the smaller firms in the highly competitive field of discount brokerage.

For Canadians buying US - listed ETFs in discount brokerages here, the cost is actually very high: about 1.5 % on smaller amounts.

Whether it's two smaller brokerages teaming up or a case of a bigger fish acquiring a smaller one, the signs from the US discount brokerages may be sending a signal of things to come here in Canada.

It's becoming trickier for smaller, inactive investors to park their money at a discount brokerage.

2) I don't know what a small vs. large amount of money is for a discount brokerage.

If indeed this strategy does make sense, the first step is to set up a discount brokerage account for your small business.

A discount brokerage will lower your overall fees, but trading small amounts of money can be expensive.

Some brokerages will either make free trades or charge a very small amount of commissions like Loyal3, Sharebuilder, Computershare, or even deep discount brokerages like tradeking, scottrade, trademonster, and many others.

* Update: Feb. 2/18 * The deals and promotions activity at Canadian discount brokerages is almost at full throttle this month.With over 30 advertised deals for DIY investors to choose from, there is no shortage of incentives from brokerages big and small, each trying to sweeten the deal for DIY investors.

What did get more certain, however, is that other discount brokerages, big and small, have now got their work cut out for them to compete against two award winning brands who will continue to be pushing harder to win the business of Canadian investors.

Through discount brokerage firms like E-Trade, TD Ameritrade, Scottrade and TradeKing, you can buy individual stocks for a small fee of $ 5 to $ 10 per trade.

But think about it; with ethics aside, why would that listing agent sell a buyer into their own listing for an extremely small commission when they could sell another brokerage's listing for a higher commission, plus still earn the advertised low fee when another agent sells that discount agent's listing?

Through discount brokerage firms like E-Trade, TD Ameritrade, Scottrade and TradeKing, you can buy individual stocks for a small fee of $ 5 to $ 10 per trade.

i remeber once getting a call from a vendor who's listing had just expired with a discount brokerage upset that his home did not sell after 90 days, he complained he got little to showings and that homes around him were selling for more money then his and were smaller.