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

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Sparx Trading Featured on ETF Market Insights to Discuss Online Brokerage Account Considerations

Published June 27, 2022
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Sparx Trading Co-Founder Hamish Khamisa was recently a guest on ETF Market Insights, a weekly webinar for Canadian self-directed investors hosted by Danielle Neziol from BMO ETFs.  In this special edition of ETF Market Insights, “Spring Into ETF Investing,” Hamish joined guest host, Saijal Patel from Strictly Money, and fellow guest, Ellen Roseman from Canadian […]

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Sparx Trading Featured on Strictly Money to Discuss Self-Directed Investing

Published June 15, 2022
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Sparx Trading Co-Founder Hamish Khamisa was recently a guest on Strictly Money, a segment of The News Forum that discusses the financial issues affecting Canadians today. In this episode, host Saijal Patel interviewed Hamish about his thoughts on various topics related to self-directed investing, including online brokerage fees, current trends, and more! Here’s an overview […]

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Online Brokerage Promotions – May 2022

Published May 1, 2022
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Online brokerage promotions in May were slim except for one bank-owned brokerage which is leaning into lowering interest rates on margin lending at a time when rates are rising. Get the latest news on online brokerage offers and why there are likely to be more deals on the horizon as competition intensifies..

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Look Back / Look Ahead 2021-2022: RBC Direct Investing Q&A

Published April 20, 2022
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One online brokerage believes that every investor is unique, and understands the power of personalization when it comes to offerings for self-directed investors. We spoke with RBC Direct Investing President & CEO Lori Darlington about their digital onboarding, Investor Academy, and what they believe sets them apart from their competitors.

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Look Back / Look Ahead 2021-2022: Qtrade Direct Investing Q&A

Published April 13, 2022
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Providing a DIY investing platform is just the beginning for one online brokerage. We spoke with Christine Zalzal, Head of Qtrade Direct Investing and VirtualWealth, about how they’re constantly stepping up their game when it comes to tools and resources for self-directed investors, with a laser focus on helping them succeed with confidence.

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Online Brokerage Weekly Roundup – April 10, 2022

Published April 10, 2022
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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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