You can also use an RRSP (Registered Retirement Savings Plan) where you can contribute a higher sum which will be taxable, unlike the TFSA which is completely exempt from taxes.Р”В¬anadian citizens can easily purchase U.S stocks. This can be in the form of stocks or other securities. How can I buy a stock without a broker in Canada?Р”В¬anadian citizens above the age of 18 can open a TFSA (Tax-Free Savings Account) in which you can contribute up to $6000 annually. The tax implications of day-trading are different from buying and selling regular shares. Although Canadian brokers donРІР‚в„ўt require any minimum capital to start trading, unlike the U.S where brokers demand a minimum Capital of $25,000. There are many other low-cost brokers available in Canada such as Questrade that you can consider while opening an account.Р”Вay trading is completely legal in Canada. The broker used to operate in Canada but stopped its operations after 2008. Therefore Canadian citizens cannot open an account with ETrade. On the other hand, Canadian citizens cannot directly get access to the platform as it is discontinued from TD Direct Investing.Р”В¬urrently, E trade is not available in Canada as the broker operates solely in the U.S. passport, then you can go ahead and access ThinkorSwim through TD Ameritrade. If you have a TD Ameritrade account or you have a U.S. It offers advanced charting tools, option chains, advanced options analytics, and much more.

Therefore you will not get ThinkorSwim along with TD-Direct Investing if you decide to open an account with the broker.Р”Р„dvanced Dashboard provides a decent number of features like international screeners to scan Canadian as well as U.S. TD Ameritrade works under the name of РІР‚В TD- Direct InvestingРІР‚в„ў which discontinued РІР‚ВThinkorSwimРІР‚в„ў and replaced it with a different platform known as AD or РІР‚ВAdvanced Dashboard'. TD Ameritrade, which provides the platform to all its users does not provide it in Canada. Unfortunately, ThinkorSwim is not available in Canada. LetРІР‚в„ўs find out if you can use it in Canada. You can trade stocks, ETFs (Exchange Traded Funds), Options, etc without paying anything extra in commissions. Under this platform, you donРІР‚в„ўt have to pay any commissions on your trades, no platform fee or any data charges, etc. The broker works on a РІР‚В zero commissionРІР‚в„ў based model. TD Ameritrade is a U.S based broker that was recently acquired by, the finance giant Charles Schwab. ThinkorSwim is a platform, provided by TD Ameritrade. The platform is available on mobile as well as on desktop, hence users can utilize it more efficiently on multiple devices. ThinkorSwim is a trading platform that provides many charting and trading tools for investors as well as traders.

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