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A brokerage account is an investment account that individuals use to buy, sell, and hold financial assets like stock and bonds. Learn more about how it works.
Here’s why mutual funds don’t travel well across international borders—and what Canadian investors can do instead.
How to Transfer a Canadian Brokerage Account in 2024 (Step-by-Step Walkthrough) Thinking about switching brokerages in Canada but don’t want to sell off your investments or pay unnecessary fees?
Where & How To Get A Cash Account. All U.S. and Canadian brokerage firms will offer cash accounts, which will require you to simply fill out an account form.
This guide presents our top online brokerage picks for Canadian investors, ... here’s a step-by-step guide on how to open a brokerage account: Step 1: Research the Brokerages.
Opening a brokerage account is a relatively simple process. You will need to provide your broker with some personal and financial information such as your name, address, social security number and ...
The money you invest in a brokerage account is yours to withdraw at any time. There are no penalties to worry about, whereas with an IRA or 401(k), you could be penalized for removing your money ...
Investments in a brokerage account that are held for more than one year are taxed at long-term capital gains rates upon sale — 0%, 15% or 20%, depending on your income at the time of sale.