Peer-to-peer lending can be a great alternative to typical financial institutions for borrowers as well as a great way to diversify investment portfolios for lenders.
For those looking to invest in the cryptocurrency sector, Bitcoin is a great place to start. Here is a step by step guide on buying Bitcoin in Canada.
Real Estate Investment Trusts in a great way for Canadian investors to diversify their portfolio and gain exposure to the real estate market.
While buying cryptocurrencies used to be difficult, the introduction of ETFs has simplified the process. Here is a comparison of 3 Ethereum ETFs.
Money market funds are a great option for investors looking for low-risk investments. Investors have many options as there are over 100 funds in Canada.
While Robinhood is not available in Canada, here are some great alternatives that offer many of the same amazing features for Canadian investors.
Canadian traders who want to purchase U.S. stocks are likely to face high conversion fees. Norbert's gambit is a great way to get around this issue.
Day trading refers to buying and selling a stock within the same day. This practice can be profitable, but is highly speculative and involves risks.
As a zero-commission service, many wonder how Wealthsimple is able to make money. Here are some of the indirect ways you pay fees on the platform.
The popular trading platform Webull is unfortunately not available in Canada. Luckily, there are several alternatives that are great choices.
Acorns is a finance app that allows individuals to invest in the market. The platform is not available in Canada, but here are some alternatives.
TD Ameritrade is a trading platform full of great features. However, the platform is not available in Canada. Here are three great alternatives.
For investors looking into options trading, tastyworks is a great choice. However, the company isn't operating in Canada. Here are some alternatives.
Personal Capital is a wealth management platform that offers a variety of services. While it isn't available in Canada, there are many alternatives.
Merrill Edge is a trusted brokerage platform owned by Bank of America. While the platform is not available in Canada, there are many alternatives.
As the name suggests, Lightspeed trading is a platform that offers speed and performance. While not available in Canada, here are some alternatives.
Trading fractional shares is a great way to begin investing without too much capital. This allows investment into companies with high share prices
Stash is a finance app that allows users to invest small amounts of money. While it isn't available in Canada, there are some great alternatives.
Stop-limit is an order type used to execute trades within a specific price range. When implemented correctly, this technique can offer many benefits.
Charles Schwab is unfortunately not available in Canada anymore. Here are some alternatives for Canadians.
Putting money into an RRSP is a great way to both lower your taxable income and save for retirement. Here are some details on RRSPs in Canada.
Buying Dogecoin in Canada requires just a few simple steps. Get started by choosing a platform, depositing money, and then making your first purchase!
A great way to increase earnings is to create a stream of passive income. Long-term, steady streams of income can be possible using these methods.
thinkorswim Canada is available to new and existing Canadian customers.
TradeZero is a popular platform, offering commission-free trades across its mobile and web apps. TradeZero is now available to Canadians.
ETFs are a way to invest in the stock market that broadens your diversification options and can lower your investment fees.
Mutual Funds allow you to grow your money without any investing experience. Investment professionals handle the day-to-day details using this method.
Companies that find their share prices rising too high may consider a stock split to bring things back to earth and attract more retail investors.
SoFi is a personal finance company attemping to modernize the financial industry. The company doesn't operate in Canada, but there are alternatives.
Payment for Order Flow is a controversial practice that allows brokerage firms to generate revenue without needing to charge trading commissions.
While the stock market is becoming an increasingly popular method of investing, other asset classes such as mutual funds are still great investments.
Offering a variety of social features, eToro is a quickly growing trading platform. While not available in Canada, there are several other options.
Roth IRA accounts are a great way to grow wealth. While only available to Americans, there is a very similar account type for Canadians as well.
While Etrade no longer is offered in Canada, there are several great traditional and newer alternatives to meet the needs of Canadian investors.
Wealthsimple is a brokerage platform that offers secure trading. Clients of Wealthsimple can rest assured that the company takes security seriously.
SigFig is not available in Canada. SigFig is a portfolio tracking platform that allows you to aggregate accounts across brokerages and see all your financial information in one place.
Index funds are an attractive investment option that does not require picking individual stocks. Here are some ways to buy index funds in Canada.
Index funds invest your money among a broad range of companies allowing you to easily diversify your portfolio and reduce risk.
Despite having 18+ million users on their app, Moomoo doesn’t permit Canadians to register on their platform.
Ally Invest is a brokerage platform that offers commission-free trades. While the platform is not available in Canada, here are several alternatives.
ECN fees are charged by brokerages when specific types of orders are placed. Knowing what they are and when they are charged can help save you fees.
When companies find their share price dropping, they may consider a reverse stock split. Splitting can bring prices up and stabilize the situation.
For couples, spousal RRSPs are one of the best ways to save for retirement. Both higher and lower wage earners can benefit from using spousal RRSPs.
Locked-In Retirement Accounts are lesser-known retirement savings accounts. Not everyone can open one, and there are many rules on how they are used.
Interactive Brokers is a great choice for Canadians looking for the optimal balance between features and fees.