Would you like to trade stocks that are on the Toronto Stock Exchange and do you need a decent Canadian online stock broker.

There are many Canadian on line stock brokers to choose from. Some are undoubtedly better than others. Some of the better ones include Scotia Itrade, Scotia itrade and questrade.

At present there are around 4000 stocks listed on the Toronto Stock Exchange. Amongst these are the major Canadian banks Bank of Montreal, CIBC, Bank of Nova Scotia, Royal Bank of Canada and the Toronto Dominion Bank.

The big Canadian oil companies are also listed including Canadian Natural Resources Ltd., Cameco Corporation, Canadian Oil Sands Trust, Husky Energy Inc., Imperial Oil Ltd, and Nexen Inc.

When choosing a broker to trade Canadian stocks, it’s always important to consider the amount of commission you will have to pay. If you are going to earn a return trading stocks, the last thing you want to do is give it back to a greedy broker.

Canadian full service brokers usually charge more than canadian deep discount stock brokers but they often offer you advice on trading, tax, retirement planning and much more. They will even powder your nose for you if you pay them enough.

Most of the services offered by these brokers can be found freely online. Full service brokers often charge more than $125 per trade. In comparison, some discount brokers charge less than $10 per trade.

Personally, I do not think a full service broker is ever worth the additional expensive. Making money trading stocks is difficult enough without having the additional barrier of an expensive and potentially greedy full service broker.

In conclusion, there are many Canadian stocks to choose from that have a good chance of making some nice returns, but as always, have a good strategy and always be prepared in case your stock picks don’t work out as you hope and always choose your broker wisely.