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The latest posts from SparxTrading – in depth views on the world of online investing.

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Online Brokerage Weekly Roundup – April 10, 2022

Published April 10, 2022
clock 8 Minutes

This edition of the Roundup looks at unusual behaviour in the deals and promotions section, zeroing in on one bank-owned online brokerage’s uncharacteristic decision to pause an already live offer. Also we highlight the new website launch of a previously household name to see what a chance at a new start could offer in terms of opportunities to connect with new audiences.

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Online Brokerage Weekly Roundup – March 22, 2022

Published March 22, 2022
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Deals and promotions are important tools for online brokerages to continue to attract attention of online investors

Established or larger players may not have to rely on them because they have already invested in advertising and there is some level of awareness

Newer or smaller online brokerages will almost certainly need to get creative with new account promotions

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New Self-Directed Investors and the New Normal: An Interview with RBC Direct Investing’s Lori Darlington

Published March 15, 2022
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The pandemic has changed many things, including self-directed investing. In this interview with RBC Direct Investing’s President & CEO, Lori Darlington, we dive into a recent survey from RBC DI showing just how many new investors have stepped into the market and what that means for RBC Direct Investing and self-directed investors going forward.

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Online Brokerage Weekly Roundup – March 9, 2022

Published March 9, 2022
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In this week’s Roundup, we look at the latest deals and promotions and what they reveal about opportunities for DIY investors to capture even more value when opening online trading accounts. Also, we dive into Interactive Brokers’ master class on continuing to grow their new accounts despite challenging conditions.

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Online Brokerage Weekly Roundup – March 1, 2022

Published March 1, 2022
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TD eased its way into commission-free trading with a mobile app-based offering called TD Easy Trade
TD Easy Trade is different and distinct from TD Direct Investing, the traditional online brokerage experience that many online investors are accustomed to
Despite offering 50 commission-free trades per year on Easy Trade and a mobile app-based experience, the feedback from many self-directed investors online was lukewarm because of restrictions on ETF purchases
Expectations for bank-owned online brokerages to get technology and service right are high because of the perceived resources and commission rates
Opportunities for new online brokerages to gain market share are there for those that can provide a best-in-class experience to a specific segment of investors

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Online Brokerage Weekly Roundup – February 22, 2022

Published February 22, 2022
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In this reboot to the Weekly Roundup, we took our cues from the biggest sporting events in the world to bring an exceptional edition filled with high degrees of difficulty to compare one of the most influential touchpoints of DIY investors making decisions on which online brokerage to choose: Canadian online brokerage rankings. Grab some snacks (maybe a coffee too), this is going to be a good one.

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Discount Brokerage Weekly Roundup – January 6, 2022

Published January 6, 2022
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This mega-edition of the Weekly Roundup features in-depth reviews of Canadian online brokerages in 2021. Be sure to check out the analysis of the Look Back / Look Ahead feature for the top online brokerage trends for 2021 and 2022. Also, we highlight the biggest news from Canadian online brokerages in 2021. Tune in for great memes and important themes!

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Discount Brokerage Weekly Roundup – December 20, 2021

Published December 20, 2021
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The holidays are almost here, but red and green are the colours flashing on trading screens this week! In this edition of the Roundup, we review a new feature called… RoundUP from Questrade, as well as another new feature: a cash-back reward program. Both programs are trying to get people to take the hassle out of saving and investing. Next, we review even more deals from online brokerages to cross the wire just before Christmas. And finally, we preview our Look Back / Look Ahead issue, including some juicy details on what’s inside.

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Discount Brokerage Weekly Roundup – November 22, 2021

Published November 22, 2021
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This week’s Roundup digs into the latest account growth numbers at Interactive Brokers and Schwab, and explores whether the new account growth is being fueled by Robinhood clients looking for an exit. Also, tune in to read about investor chatter on switching brokerages and which online brokerage is being recommended for options trading.

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Discount Brokerage Weekly Roundup – October 25, 2021

Published October 25, 2021
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Yet another commission-free online brokerage is slated to come to Canada – this time it’s TradeZero looking to gain a foothold with active traders. Also, read up on the latest feature to launch from Interactive Brokers which they hope will reduce the friction of getting started with trading online. As always check out some entertaining posts from the investor forums.

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