Discount broker for Toronto Stock exchange

August 18, 2005 10:17 AM

American Investor seeks Discount Brokerage Firm with access to Toronto Stock Exchange. On line access preferred. Foreign incorporation considered.
posted by IndigoJones to Work & Money (3 answers total)

Uh... most canadian online discount brokerages allow Americans to open accounts. Incorporation is not required. Try Investorline. Apparently applications from US citizens need a W-9 from from the IRS, but all the bank's froms are on their website as PDFs.

Investorline rates highly in comparisons between the major discount brokerages in Canada. It's not the absolute cheapest (typical $25 CDN per trade for < 1000 shares), but it's par with the majority.br>
Go here for the applications forms.
posted by GuyZero at 12:21 PM on August 18, 2005

Response by poster: (The incorporation line was meant as a joke. But thank you, this is good. Anyone else's experience, advice, still welcome.)
posted by IndigoJones at 1:58 PM on August 18, 2005

I've never been unhappy with TD Waterhouse. My wife seems happy with whatever Scotiabank offers. And ENorthern might be worth a look-see.
posted by five fresh fish at 6:01 PM on August 18, 2005