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

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Special Series: A comparison of the Canadian Discount Brokerage Comparisons

Published November 29, 2012
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As part of a special series on the comparison of Canadian discount brokerages, we’re taking a look at some of the major providers of this information so that self-directed investors and those interested in researching Canadian discount brokerages can gain a better understanding of the types of research that is done, what the results of […]

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Discount Brokerage Weekly Round Up – Nov. 23rd 2012

Published November 23, 2012
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This week the biggest news for discount brokerages came in the form of the 2012 Globe and Mail Canadian discount brokerage rankings.  Rob Carrick’s annual survey of the Canadian discount brokerage industry looked at 12 firms this year. The top spot went to Virtual Brokers which narrowly edged out the six year champ, Qtrade while […]

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Tax Loss Selling – Bargain Hunting for Stocks

Published November 22, 2012
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For bargain hunters, “Black Friday” has become synonymous with big crowds and massive deals.  Retailers, forever trying to get an edge on one another, have also bought into (and fed) the mania that has now come to be known as the biggest pre-Christmas shopping bonanza of the year.  Is there an equivalent “discount season” for […]

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The Mindless Investor Chapter 1: You Can Beat the Market – Chapter Review

Published November 21, 2012
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Highlights of Chapter 1 – The Mindless Investor In the introductory chapter of The Mindless Investor, Tyler Bollhorn sets up several important ideas and goes through some common pitfalls of most self-directed investors. Here are three key points from chapter 1. Key Point #1: Most Stocks Don’t Beat the Market The first and most important […]

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Questrade to offer unlimited free trades

Published November 19, 2012
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We spotted the latest deal offered by Questrade – and it is a big one.  On the heels of Scotia iTrade’s offer of 100 days of unlimited trading, Questrade has responded by offering up to 3 months with unlimited trades.  While a slightly less amount of time than Scotia iTrade’s deal (100 davs vs ~90 […]

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Discount Brokerage Weekly Roundup – Nov. 16/2012

Published November 16, 2012
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Canadian discount brokerages seem to be busy in their workshops planning what to unveil for next year.  Many of the major financial institutions have their financial year end at October 31st which means they’re setting budgets and planning marketing campaigns for 2013.  Because of the upcoming Globe and Mail discount brokerage rankings due out next […]

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Discount Brokerage Weekly Roundup – Nov. 9th 2012

Published November 10, 2012
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The big news from the Canadian discount brokerage industry this week was the huge announcement that OptionsXpress will no longer be available in Canada.  Virtual Brokers will be acquiring all of the OptionsXpress Canada accounts as of December 1st pending regulatory approval. This now narrows the number of Canadian discount brokerages that provide a powerful […]

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OptionsXpress Canada officially exiting the Canadian Discount Brokerage market

Published November 6, 2012
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The Canadian discount brokerage market this week saw one of the players officially exit by selling their Canadian operations.  Virtual Brokers announced today that they will be buying out OptionsXpress Canada effectively signaling the end of OptionsXpress in Canada and shrinking the number of big discount brokerages by one.  The business agreement is set to […]

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FCAC Website – Section on Savings & Investment

Published November 5, 2012
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FCAC – Savings & Investment Section In this section of the Financial Consumer Agency of Canada website, (FCAC) you can find a wealth (pun intended) of information on getting started with investing. Through this page you can learn about: Setting your saving and investing goals Government saving and investment plans Investing: understanding the basics Common […]

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Discount Brokerage Weekly Roundup – Nov. 2, 2012

Published November 2, 2012
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Discount Brokerage Weekly Roundup There were a couple of really big events that took place this past week including the impact of Hurricane Sandy, TD Waterhouse Discount Brokerage’s Direct Investing Expo and Tyler Bollhorn’s soft launch of his new book, “The Mindless Investor”.  Also November is Financial Literacy Month, be sure to pay extra attention […]

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Event Review – TD Waterhouse Discount Brokerage Direct Investing Expo – Vancouver 2012 – Part 2

Published November 2, 2012
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TD Waterhouse Discount Brokerage Direct Investing Expo Review (part 2) To view part 1, click here. Options basics – using covered calls After a long break for lunch, attendees were treated to a session from Investools, an investor education company that was purchased by TD Ameritrade in 2009.  Even though Investools isn’t available to Canadians […]

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November is Financial Literacy Month

Published November 1, 2012
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Fall is the time of year across Canada where we get to see leaves change from green to red.  In order to avoid your going in the same direction as the leaves, enhancing your financial literacy is something all Canadians can benefit from.  November is financial literacy month and through it we will be posting […]

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Discount Brokerage Deals & Promotions – November 2012

Published November 1, 2012
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November’s lineup of discount brokerage deals and promotions features many of the same players from last month, except with some minor changes to dates and amounts. Starting first with the newest deals. National Bank Direct Brokerage is running the “Take Control of the Markets!” promo where they’re offering new clients who open an account with […]

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Event Review – TD Waterhouse Discount Brokerage Direct Investing Expo – Vancouver 2012 – Part 1

Published October 31, 2012
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The Vancouver Direct Investing Expo organized by TD Waterhouse provided self-directed investors the chance to learn about macroeconomic trends and issues coming in 2013, tips on technical analysis, exchange traded funds and several options trading strategies. This day-long event featured top-tier speakers such as Bob Gorman, TD’s Chief Portfolio Strategist, as well as a line-up […]

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Stock Market Education Videos – TD Ameritrade

Published October 29, 2012
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Stock market education videos was the theme of today’s online hunt and we found a great educational resource for investors on the TD Ameritrade website. There are just over 40 videos on topics for beginner, intermediate and advanced investors. In addition to videos, however, there are links to over 80 webcasts, various articles, courses and […]

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Discount Brokerage Weekly Roundup – Oct. 26th 2012

Published October 26, 2012
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Discount Brokerage Weekly Roundup This week provided an interesting lesson in activity fees handed out to one RBC Direct Investing client, covered via Global News here.  If you’ve got an account open that you’ve forgotten about, you may want to look closely at what you’re being charged by keeping the account open (you can check […]

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The Mindless Investor – preview

Published October 23, 2012
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In his soon to be released book, The Mindless Investor, Tyler Bollhorn goes ‘head to head’ with the biggest enemy of most stock traders: their common sense. According to the main theme of the book, if you try to use your head you won’t get ahead and that is because, as Tyler puts it, “without […]

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Complicated orders? Maybe we do need to call security

Published October 22, 2012
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Today’s daily stumble landed an interesting article about the “complicated” stock market order types and the alleged preferential order routing taking place by institutional traders for preferred clients.  While this would be another bombshell if it is true, I would question whether it is entirely surprising. The reality of stock markets is that they are […]

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Discount Brokerage Weekly Roundup – Oct. 20th 2012

Published October 21, 2012
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Discount Brokerage Weekly Roundup From the Canadian discount brokerages, this past week saw the launch of a new contest by Questrade  called “Ring the bell with Questrade”.  Winners of the contest will get to ring the opening bell at the NASDAQ MarketSite and round trip airfare to New York City, three nights’ accommodation and $500 […]

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