What stocks can I buy online?

All types of stocks are available online, but access to those stocks will depend on the asset types your trading platform supports. For instance, US exchange-listed stocks from popular indices like the S&P 500 are available on most platforms, but not every broker offers access to over-the-counter (OTC) securities, penny stocks or internationally-listed stocks.

How much money do you need to start investing in stocks in Canada?

You can start investing with as little as $1, depending on the investment platform you use. Some brokerages require no minimum deposit to open an account, while others require a minimum deposit to waive annual account maintenance fees. The actual amount you need to invest depends on the price of the stocks you want to buy, which can range from under $1 up to thousands of dollars. If your investment platform offers fractional share trading, you can buy a small portion of a single high-price stock for much less that buying a whole stock outright.

Can I just buy stocks on my own?

Yes, with an online brokerage account, you can buy stocks on your own and without the assistance of a stock broker.

Can I buy $100 in stocks?

Yes, you don't need a lot of money to start investing. With $100—or any other amount—you can buy whole shares that cost as much or less. If your brokerage supports fractional share trading, you can buy partial shares of stocks that cost more than your investment amount.

Can I change or cancel my order?

You can change market orders any time prior to submission. Once executed, you cannot reverse a market order. Investors can change or cancel standing orders, such as a limit order, any time before the order has been filled.

Can I invest in US stocks if I live in Canada?

Yes, you can buy US stocks through Canada-based brokerages that provide access to US stock exchanges. Most Canadian brokerages let you trade US stocks.