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You may have noticed that many of our contributors on Financial News Now write about Canadian stocks in addition to US stocks.
This is because many early-stage US & Canadian companies opt to list first on Canadian exchanges where they find it simpler for companies to go public. The regulatory requirements in Canada are more straightforward and easily understood, and because of this, possibly seen as more accommodating to small companies looking to go public.
Trading on Canadian markets is no different than trading on one of the US exchanges such as the OTC Markets and NASDAQ. The only caveat is that you will have to ask your online broker to allow the trading of international stocks in your account. This is usually done online in your account profile or with a simple email or phone call.
FNN contributor MF Williams wrote up a very educational article on the Canadian markets that every investor should read. This article can be found here.
Over the past year, many of the online brokerages have slashed or removed trading fees or commissions. This is a bonus for retail investors as more of your profits stay in your account.
Below are some online brokers that we have researched that you might want to check out for trading both US and Canadian stocks.
Disclaimer: Many or all of the companies featured here provide compensation to us. These commissions are one way we maintain our free service for our subscribers.