eResearch

Monday, November 05, 2007

eResearch Blog: Online Brokers

Online Broker Survey

Toronto’s The Globe and Mail recently released its latest survey of Canada’s on-line brokerage services. Qtrade Investor (qtrade.ca) came in first for the second year in a row.

eResearch is pleased to see that, of the top five rated online brokerage firms, two of them, E*TRADE Canada and Credential Direct, feature our research directly on their web-sites. In addition, subscribers to one of the others, BMO InvestorLine, has access to research from eResearch via BayStreet.ca.

According to The Globe and Mail, investors rate costs and fees as being the most important criterion when choosing an online broker. Tools and research were also key factors.

Many of the major online brokerage firms are now advertising commission rates of $9.99 a trade provided the customer has at least $100,000 in assets with the firm. E*TRADE Canada only requires $50,000.

If you have an online brokerage account and are looking to supplement your access to equity research, check out eResearch. We have built a powerful and deserved reputation for the quality, scope, and insight of our research reports. Visit us at our web-site, www.eresearch.ca and get the eResearch Advantage.


Bob Weir
Director of Research

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