TFSA trading accounts

chilly said:

Hi all,

I'm trying to understand/research which financial institutions offer TFSA accounts in which trading (income trusts, REITs...) is permitted.

Here's a link I came across:
http://dan.matan.ca/Tax-Free-Savings-Account-TFSA-Brokers-Stocks-Bonds-ETFs

Is Questrade still the best available low cost option for trading trusts inside a TFSA?

Thanks!

Click to expand...

You'll also find TFSA trading accounts in my discount brokerage comparison.

I have a Review of Discount Brokers for TFSA and RRSP

there are two good options for me Scotia iTrade and Questrade. both free accounts, questrade with lower costs.

chilly said:

Hi all,

I'm trying to understand/research which financial institutions offer TFSA accounts in which trading (income trusts, REITs...) is permitted.

Here's a link I came across:
http://dan.matan.ca/Tax-Free-Savings-Account-TFSA-Brokers-Stocks-Bonds-ETFs

Is Questrade still the best available low cost option for trading trusts inside a TFSA?

Thanks!

Click to expand...

I have a TFSA through Questrade and have been very happy with it so far. I only use it for equity trading, but they offer Forex and Options trading through the same account as well.

I've got both my TFSA and self-directed RRSP accounts with Questrade. The fees are low and everything works as it should. Customer service isn't always the best, but for the cost Questrade can't be beat!

Is this still true? I was comparing the differences between stock trade and Questrade. Thinking of giving it a try after being charged 10$ per transaction for RBC direct investment.

I don't follow what you are comparing.
Initially it seemed you were comparing two brokers, "stock trade" and "Questrade" but then the RBC brokerage is mentioned, suggesting "stock trade" is not a broker.


Cheers

Ditto for Questrade. Their commission-free ETF buys are great.

My only complaint is with customer service.
I transferred from TD Waterhouse and they promise to reimburse transfer fees up to $150/account. But it was like pulling teeth to actually get the reimbursements. A MAJOR headache. But they eventually paid.

junior minor said:

Is this still true? I was comparing the differences between stock trade and Questrade. Thinking of giving it a try after being charged 10$ per transaction for RBC direct investment.

Click to expand...

For true cheapness you could go with WealthSimple Trade. They have zero commissions. But the interface and service are terrible. Pick your poison.