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I wanted to offer a quick endorsement for IB.
This is, to my knowledge, the lowest cost brokerage available in
Canada. $.01 cent per share for US listed stocks. They've recently
begun executing trades for Canadian-listed securities at $.02 per
share, $2 minimum commission. $1 per contract for US-listed options.
I've been using IB for close to a year with no mishaps. Their trading
interface (TWS) takes some getting used to but gives exceedingly fast
fills. They offer a real time data stream (you need to generate at
least $10 / mo in commissions to avoid market data fees) and
intelligent order routing.
Their Canadian website is at
No, I don't work there. Just a pleased customer
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