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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 – 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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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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Look Back / Look Ahead: A Review of Canadian Online Brokerages in 2021 & Preview of 2022

Published December 31, 2021
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If you thought 2021 was an eventful year (and it was!) at Canada’s online brokerages, wait until you see what’s in store for 2022. In this milestone issue of the Look Back / Look Ahead series, we hear from leaders at Canadian online brokerages about what they saw as the biggest highlights, as well as what they’re working on to impress self-directed investors in the next year. Also, we’ve got the scoop on four new online brokerages moving into the commission-free trading game.

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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 – October 4, 2021

Published October 4, 2021
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October is already here, and with it, a new crop of deals and promotions from online brokerages. Also launching this fall season, a brand new mobile trading experience from Questrade, called QuestMobile, that didn’t quite hit the mark with investors. Read more about what investors had to say about the new trading experience.

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Discount Brokerage Weekly Roundup – September 20, 2021

Published September 20, 2021
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This week’s Roundup features a review of what’s powering Interactive Brokers’ account growth stats higher and new features, like cryptocurrency trading, that are poised to add more momentum to this brokerage’s growth. Also, we review the upcoming Virtual Brokers rebrand and what it might signal for other Canadian online brokerages this fall.

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Discount Brokerage Weekly Roundup – September 13, 2021

Published September 13, 2021
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More big news unfolding on the zero-commission trading front. We explore the latest move by Desjardins Online Brokerage as well as comments from TD Direct Investing on the move to eliminate commissions. Also, there are more new features available on SparxTrading.com to help self-directed investors research investor feedback on online brokerages and scan deals and promos more efficiently.

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