Trading canadian stock and broker list
Foreign ordinaries are shares issued by a foreign corporation that trade on a foreign exchange. These shares can be traded in the over-the-counter OTC market through a U. Below are characteristics, including specific fee information, related to foreign ordinary share trading. Account requires international trading access. Requirements are non-retirement brokerage accounts. Symbols include root symbol, followed by a colon: Orders can execute on the primary exchange, or they may also execute on ECNs, ATSs automatic trading systems or regional exchanges within the market which is determined by a local broker in each country.
Commissions charged are based on the U. Please see Stocks section in the online commission schedule. An ADR is a security that trades in the U.
The ADR is created by a bank that purchases foreign stock and then issues receipts of that company in the U. Countries generally impose withholding taxes on dividends paid to foreigners. Many countries—including the United States—offer a dollar-for-dollar tax credit for the amount withheld to avoid double taxation of these funds. Withholding tax rates may vary country to country. The United States has tax treaties in place with many countries that offer favorable rates or even exemptions from withholding tax.
In general, the following tax rates may be applied to withholding:. The Canada Revenue Agency CRA allows Fidelity to automatically apply favorable withholding tax rates if all of the following conditions are met:. If you do not meet these criteria, you may still be eligible for reduced withholding by certifying your eligibility for treaty rates, or applying for an exemption directly with the CRA.
You can print or download the appropriate forms at Fidelity. Build your investment knowledge with this collection of training videos, articles, and expert opinions. Skip to Main Content.
Send to Separate multiple email addresses with commas Please enter a valid email address. Your email address Please enter a valid email address. Expand all Collapse all. What stocks can I trade internationally, and on what markets? When you sign up for international trading, most common stocks and exchange-traded funds ETFs listed in the following markets will be available to trade online: International orders are limited to common stocks with the following order restrictions: Day orders only—your order will only be in effect for the trading day, which corresponds to the hours of the primary exchange on which the security trades.
Market or limit orders only Cash trades only margin not available No additional order instructions e. For illustrative purposes only International stocks use a different symbology than domestic stocks. For illustrative purposes only Foreign currency values are also shown on the Positions page. Visit the HKEx to see the required board lot size for a particular security Board lot sizes for Japanese exchanges The required board lot size for Japan varies by security.
In Japan, board lots are referred to as "trading units" To view the required board lot size for a particular security, check the website of the primary exchange on which the security trades: Osaka Securities Exchange Tokyo Stock Exchange Board lot requirements are usually the same for securities listed on both the Osaka and Tokyo exchanges.
Limit orders must be entered based on the appropriate currency unit size. Also note that interest is not paid on foreign currency positions. The costs associated with international trading include: A commission charged on the trade that covers any clearing and settlement costs and local broker fees.
A foreign currency exchange fee if U. Possible additional fees or taxes include: Amount of currency exchange in U. Currency exchange rates can only be obtained by inputting the following information on the Currency Exchange ticket: Quantity From currency To currency For illustrative purposes only. International stock trading Foreign ordinary share trading Account requires international trading access.
Does not require international trading access Symbols include root symbol, followed by a colon: Orders are executed by U. Orders are executed in the local currency. Orders are executed in U. Trades are settled in U. Commissions are charged by market in the local currency. A commission charged on the trade that covers any clearing and settlement costs and local broker fees Additional fees i.
Foreign exchange fees are embedded in the execution price of the stock. If your order is routed to a Canadian broker, certain additional fees may apply: Limit orders — a local broker fee is incorporated into the limit price by the Canadian broker.
Market orders — a local broker fee is incorporated into the execution price. Foreign exchange fees are embedded in the execution price. ADR dividends are paid in U. For dividend-paying ADRs, the fee is often assessed at the time of the dividend. In general, the following tax rates may be applied to withholding: The foreign country may recognize certain account registrations—such as tax-deferred retirement accounts—to be exempt from withholding tax altogether.
The foreign country may recognize certain account types to be eligible for favorable or reduced withholding rates. These are often referred to as treaty rates. If the foreign country determines that a particular distribution is ineligible for a preferential treatment, a global or unfavorable rate is applied, resulting in the maximum withholding tax rate. The Canada Revenue Agency CRA allows Fidelity to automatically apply favorable withholding tax rates if all of the following conditions are met: The account holder is a nonresident of Canada who is either an individual who has an address in a country with which Canada has an applicable tax treaty; or a trust with a trustee who has an address in a country with which Canada has an applicable tax treaty.
Fidelity has a complete permanent address on file that is not a post office box or care of address. Fidelity has no contradictory information on our files. Fidelity has no reason to suspect the information is incorrect or misleading. Open a Brokerage Account. Fidelity Learning Center Build your investment knowledge with this collection of training videos, articles, and expert opinions. International real-time quotes are only available for non-professional users of market data.
Professional users will be limited to market data that is delayed up to 15 minutes. Generally, you are considered a non-professional user if the following statements are true: You are acting in an individual capacity and not on behalf of any other person or any corporation, partnership, limited liability company, trust, association or other form of entity.
You shall use market data in connection with your individual personal investment activities and not in connection with any trade or business activities. You are not a securities broker-dealer, investment advisor, futures commission merchant, commodities introducing broker or commodity trading advisor, member of a securities exchange or association or futures contract market, or an owner, partner, or associated person of any of the foregoing.
You are not employed by a bank or an insurance company or an affiliate of either to perform functions related to securities or commodity futures investment or trading activity.
The base price is either the closing price from the previous trading day or a "special quote" determined by the Tokyo Stock Exchange or the Osaka Securities Exchange. The daily price limit is the amount a security can increase or decrease on any given day relative to its base price. Limit prices must fall within the range permitted by the daily price limit or the order will not be accepted.
Dually listed Canadian stocks may be routed to a Canadian broker or U. In all cases, the domestic stock commission schedule applies. Fidelity sends the transaction to Fidelity Forex, Inc. Fidelity serves as agent and Fidelity Forex, Inc. Before jumping in to the online broker comparison you might want to read our article on choosing an online broker.
Let us know , if you use an online broker that should appear here. Finding a broker to match your particular trading style or needs is often difficult, and can be a hit or miss type of operation. The good news is the field of high quality online discount brokerages has dramatically increased in the last few years.
The following online broker comparison contains only the top or the best online stock brokers for , compiled from experience with our user base.
Contact us to suggest a brokerage we might have missed. The heavyweight of online brokers in the US also offers some of the best charting and tracking tools out there.
Trade free for 90 days when you open a new OptionsHouse account. Read our OptionsHouse review. More than 8 contracts save 15 cents per contract. Newly merged with Zecco this discount brokerage has an impressive suite of tools including mobile access. Geared towards equities and options traders.
Check out TradeKing's video tour for more information on their services and platform. Offshore discount broker regulated by the Central Bank of The Bahamas. Provide a powerful day trading platform, complete accurate real-time data, technical analysis, market tracking and instant updates. With arguably the most powerful trading platform available, 4 mobile apps, and a brilliant community ToS is fast becoming the go-to broker for new and experienced traders.
If learning TA and charts appeals to you, run to this broker.