IRA Options for Canadian Resident

Preparing for life after work. RRSPs, RRIFs, TFSAs, annuities and meeting future financial and psychological needs.
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Park
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Joined: 13 Aug 2010 20:51

IRA Options for Canadian Resident

Post by Park »

If you're a Canadian resident who has an IRA, you may have a problem. Vanguard sent me a letter a few years back saying I could no longer do any trading in my IRA. I moved my IRA to TD Ameritrade, and the service has been good. However, Interactive Brokers is another option. Downsides to IB are the $7.50 quarterly fee. Also, if your balance is under $100K, there is a monthly fee up to $10 for inactivity. However, it looks like you can trade foreign stocks, and it looks like there is a greater ability to trade futures compared to TDA.
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