Is TradeStation available in Canada?
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- Updated On:29-Nov-2022
- Replies:1
Short Answer
No, TradeStation is currently not available in Canada. Checkout which TradeStation alternatives you have to meet your financial objectives.
Detailed Answer
What is TradeStation?
TradeStation Group Inc, which has its headquarters In Florida was earlier known as Omega Research Inc and was established in 1982. Its wings are TradeStation Securities,Inc., TradeStation Crypto, Inc. and TradeStation Technologies Inc. It is a member of the Financial Industry Regulatory Authority and Securities Investor Protection Corporation.
Is TradeStation available in Canada?
TradeStation was one of the popular platforms in Canada. However, in 2010 Canada made major changes to the definition of a brokerage. TradeStation did not want to adapt to the change and exited the Canadian market. It is currently not available to Canadian investors.
Countries where TradeStation is available
- United Kingdom
- United States
- Malaysia
TradeStation Alternatives in Canada
- Wealthsimple is suitable if you are looking for low fees and zero-commission trades
- If you are someone looking for personal financial planning advice from licensed people BMO Investorline is the best
- Scotia iTrade is best for beginners who are youth, as it offers many concessions for youth and students.
- If you are looking to open a trading account that is linked with one of the big five banks you can opt for CIBC edge, Scotia iTrade or TD Direct Investing.
- TD Direct Investing is technologically advanced.
- Questrade is best in research and analysis.
A lot of choices to make from! Select the trading platform that caters to your specific financial goals.
Availability of TradeStation in Canada
Competition in the market is vital for the welfare of both companies and the customers. It ensures that good quality products are delivered at fair and equitable prices.
In addition, the companies will continue updating themselves to keep pace with the market trends.
Although, TradeStation is unavailable in Canada, it is important for many other trading platforms to sprout in Canada, to have the industry up on its toes.
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Discussion (0)
There are many alternatives to Thinkorswim in Canada. Some noteworthy platforms are Questrade, Wealthsimple & Scotia iTrade.
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