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

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Discount Brokerage Deals & Promotions – March 2014

Published March 1, 2014
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Updated March 28/2014 The deals and promotions offered by Canadian discount brokerages at the outset of March are largely unchanged from February.  While the the deals may be starting March looking one way,  there’s a good chance that the end of March will look very different.  Of the 18 offers currently available, 12 are set […]

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Discount Brokerage Deals & Promotions – February 2014

Published February 1, 2014
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Updated Feb. 27th 2014 Now that February is here, the RSP contribution deadline (March 3rd) is in the crosshairs of many investors.  Canadian discount brokerages have already stepped up the deals & promotions activities with last month seeing over 20 deals offered.   The most active of all the discount brokerages was Questrade followed by BMO […]

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Discount Brokerage Weekly Roundup – January 24, 2014

Published January 24, 2014
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The temperatures are down. The loonie is down. The markets are down.  And while it seems like the “polar vortex” was busy cooling things off this past week, the action at the marketing departments of Canadian discount brokers was heating up. In this week’s roundup, we cover the reaction from several online brokerages to RBC […]

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Review: Dalbar Canada’s Direct Brokerage Service Award 2013

Published January 23, 2014
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For individual investors, shopping for an online trading account often requires doing a fair amount of research and comparison between brokerages.  While commissions & fees are the most important factor investors consider when choosing an account, what it’s like to be a client of a particular brokerage is also something many investors are often curious […]

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Discount Brokerage Weekly Roundup – January 17, 2014

Published January 17, 2014
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Staying on top of all of the discount brokerage action going on this January feels a bit like chasing either Russell Wilson or Colin Kaepernick around the field.  The competition between these two elite quarterbacks pales in comparison, however, to that of Canadian brokerages. This past week saw a game-changing commission drop announcement by a […]

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Discount Brokerage Weekly Roundup – January 10, 2014

Published January 10, 2014
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This week it was bone-chillingly cold everywhere in Canada except for the discount broker deal space (and maybe Vancouver).  Several big promotions heated up the deals space this week in what is likely a sign of the fierce competition for self-directed investors’ assets to come this RSP deadline season.   Just in time for all that […]

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Discount Brokerage Weekly Roundup – January 3, 2014

Published January 3, 2014
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Welcome to the first discount brokerage roundup of 2014.  Unfortunately for Canadian and US equity markets, the reception to the new year was about as warm as the Toronto winter was this past week.  Thankfully though, January looks like it will be a hot month for activity for Canadian discount brokerages. In this week’s roundup, […]

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Discount Brokerage Deals & Promotions – January 2014

Published January 1, 2014
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[Updated: Jan 31/2014] While we thought the beginning of January would be a busy time for deals, we didn’t know it would be THIS crazy. Since the beginning of the month there have been quite a few big announcements. Read below for more details Welcome to the first discount brokerage deals post of 2014! 2013 […]

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Discount Brokerage Deals & Promotions – December 2013

Published December 1, 2013
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Updated 12/27/13 It had to happen sometime – Questrade has now become the first Canadian discount brokerage to offer a Boxing Day promotion.  The deal being offered is 25 commission-free trades that do not expire until the end of 2014 for a minimum deposit of $25,000.  Like any good Boxing Day deal, this offer is […]

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Discount Brokerage Weekly Roundup – Nov. 29 2013

Published November 29, 2013
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With bargain hunters being bullish on all kinds of deals, this Black Friday edition of the weekly roundup will hopefully be enjoyed on the screens of some newly purchased electronic goodies.   While the Black Friday madness has yet to hit the discount brokerage world (yet), there was still quite a bit of activity to report […]

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Discount Brokerage Weekly Roundup – November 22 2013

Published November 22, 2013
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Well when it rains in the discount brokerage world, it certainly pours. Fitting for November.  This week’s roundup looks back on a busy week filled with a major discount brokerage ranking being released, a very cool (and geeky) way to learn about options pricing as well as a frenzy of conversation about discount brokerages from […]

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Discount Brokerage Deals & Promotions – November 2013

Published November 1, 2013
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Updated Nov. 18th 2013 It’s hard to believe that November is already here. Most of the Canadian discount brokerages appear to be moving cautiously towards the end of the year with no new deals being offered this month.  And so things appear quiet – perhaps too quiet. [updated  11/18/13] Well, it looks like the deal […]

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Discount Brokerage Weekly Roundup – October 4 2013

Published October 4, 2013
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It’s Friday once more and with it brings a whole slew of discount brokerage related news and activities.  As the calendar rolled over into a new month, there was the usual hubbub with new deals being offered and updated by some major discount brokerages.  This past week also saw one major Canadian discount brokerage sponsor […]

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Discount Brokerage Deals & Promotions – October 2013

Published October 1, 2013
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This October the deal wheels keep on turning.    Overall, it looks like competition at Canadian discount brokerages is heating up with 6 discount brokerages currently offering some kind of promotion. To help make sense of the deals, this month we’re rolling out Deal Analytics (explained below) which will help provide support to individuals trying to […]

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Discount Brokerage Weekly Roundup – September 20, 2013

Published September 20, 2013
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Against the backdrop of smartphone maker drama, securities regulator announcements and US Federal Reserve tapering, Friday is finally here – and for some, it couldn’t come fast enough.  While it was hard to compete with the headline grabbing billion dollar writedown or a sexy new operating system, Canadian discount brokers were busy making some big […]

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Discount Brokerage Deals & Promotions – September 2013

Published September 1, 2013
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Updated Sept. 20/13 September is here, and with it comes a number of deal extensions from Canadian discount brokerages.  Going into the home stretch of the calendar year, several factors might be at play that explain why there are more ‘extensions’ of deals than new deals appearing just yet. First, a number of financial firms […]

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Discount Brokerage Weekly Roundup – June 28, 2013

Published June 28, 2013
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It has been predictably quiet in the discount brokerage space this past week with many self-directed investors out enjoying summertime activities. Still, there are some updates on several discount brokerage promotions that are noteworthy as we head into July.  Also, there are a couple of advertising/marketing stories that might be of interest for those keeping […]

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Special Series: Dalbar Canada’s Direct Brokerage Service Award – Part 2

Published June 14, 2013
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In part 1 of this series, we took a brief look at how self-directed investors typically access information about discount brokerage customer service and introduced Dalbar Canada’s research in this area.  Specifically, Dalbar’s Direct Brokerage Sales Effectiveness (DBSE) program measures the performance of client service teams at discount brokerages. In this part of our series, […]

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