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How many discount brokers in canada ?

Toronto Stock Exchange - The Canadian Stock Market

How many discount brokers in canada ?

Postby vsneych » Sun Nov 18, 2012 7:36 am

i have noticed that canada has not much competition when it comes to many things and discount brokers don't have any competition and i don't have any choice except deal with brokers who are too expensive or are thru banks .

why can't we have more brokers , thus lower fees . and service sucks too .
vsneych
 
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How many discount brokers in canada ?

Postby brucey » Sun Nov 18, 2012 7:40 am

i have noticed that canada has not much competition when it comes to many things and discount brokers don't have any competition and i don't have any choice except deal with brokers who are too expensive or are thru banks .

why can't we have more brokers , thus lower fees . and service sucks too .
May be because the stock market is not bringing good money for stock brokers.
I mean Cananda is famous in high taxes. It will be a losing business for stock brokers to charge low fees.
Plus there are a very few international companies in the Toronto Stock Exchange, which means less people are using the TSE to trade stocks. Most rich investors and companies prefer U.S. and European companies.
brucey
 
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Joined: Mon Jun 25, 2012 2:58 pm


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