how to use robinhood in canada reddit

As for Reddit traders working in concert to corner stocks, that’s very hard to prove. The app is super fast and easy to use. “Power to the players” indeed. The company mantra is really dedicated on smart, safe, passive investing and I don’t think they’d want to give people access to speculative investments. Robinhood is a poor choice in the states, plenty of better options. IBKR is also a good option if for what ever reason you don’t want to use Questrade. Quick Google suggests it's a service that lets you trade stocks for zero commission. No matter where … There are still SEC fees that they disclose. $0 fees! That's about as much as I know. It was a PITA to sign up for but it does work really easily now that it's up and running. It would be nice to see something comparable come to Canada. .FIYolDqalszTnjjNfThfT{max-width:256px;white-space:normal;text-align:center} ._1x9diBHPBP-hL1JiwUwJ5J{font-size:14px;font-weight:500;line-height:18px;color:#ff585b;padding-left:3px;padding-right:24px}._2B0OHMLKb9TXNdd9g5Ere-,._1xKxnscCn2PjBiXhorZef4{height:16px;padding-right:4px;vertical-align:top}._1LLqoNXrOsaIkMtOuTBmO5{height:20px;padding-right:8px;vertical-align:bottom}.isInIcons2020 .icon._1LLqoNXrOsaIkMtOuTBmO5{vertical-align:middle}.QB2Yrr8uihZVRhvwrKuMS{height:18px;padding-right:8px;vertical-align:top}._3w_KK8BUvCMkCPWZVsZQn0{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-actionIcon)}._3w_KK8BUvCMkCPWZVsZQn0 ._1LLqoNXrOsaIkMtOuTBmO5,._3w_KK8BUvCMkCPWZVsZQn0 ._2B0OHMLKb9TXNdd9g5Ere-,._3w_KK8BUvCMkCPWZVsZQn0 ._1xKxnscCn2PjBiXhorZef4,._3w_KK8BUvCMkCPWZVsZQn0 .QB2Yrr8uihZVRhvwrKuMS{fill:var(--newCommunityTheme-actionIcon)} No fees/commission when buying or selling stocks. Press J to jump to the feed. ._13jLUpnQtcA8FXyw5Kv06q{display:-ms-inline-flexbox;display:inline-flex;-ms-flex:0 0 auto;flex:0 0 auto} ._3-SW6hQX6gXK9G4FM74obr{display:inline-block;vertical-align:text-bottom;width:16px;height:16px;font-size:16px;line-height:16px} Alternatives to Robinhood in Canada. Press question mark to learn the rest of the keyboard shortcuts. @keyframes ibDwUVR1CAykturOgqOS5{0%{transform:rotate(0deg)}to{transform:rotate(1turn)}}._3LwT7hgGcSjmJ7ng7drAuq{--sizePx:0;font-size:4px;position:relative;text-indent:-9999em;border-radius:50%;border:4px solid var(--newCommunityTheme-bodyTextAlpha20);border-left-color:var(--newCommunityTheme-body);transform:translateZ(0);animation:ibDwUVR1CAykturOgqOS5 1.1s linear infinite}._3LwT7hgGcSjmJ7ng7drAuq,._3LwT7hgGcSjmJ7ng7drAuq:after{width:var(--sizePx);height:var(--sizePx)}._3LwT7hgGcSjmJ7ng7drAuq:after{border-radius:50%}._3LwT7hgGcSjmJ7ng7drAuq._2qr28EeyPvBWAsPKl-KuWN{margin:0 auto} Is Robinhood Available in Canada? I’ve never actually made any trades and was thinking maybe trying wealth simple, getting my feet wet and then look into one like you mentioned. ._7_d4sJjd2oYzaJuU_QpOI{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;background-color:var(--newRedditTheme-flair);color:var(--newRedditTheme-linkText);margin-top:10px;padding:0 4px}._7_d4sJjd2oYzaJuU_QpOI._1rtoCmW_7bFJWYffSOwt4R{margin-top:0} @keyframes _1tIZttmhLdrIGrB-6VvZcT{0%{opacity:0}to{opacity:1}}._3uK2I0hi3JFTKnMUFHD2Pd,.HQ2VJViRjokXpRbJzPvvc{--infoTextTooltip-overflow-left:0px;font-size:12px;font-weight:500;line-height:16px;padding:3px 9px;position:absolute;border-radius:4px;margin-top:-6px;background:#000;color:#fff;animation:_1tIZttmhLdrIGrB-6VvZcT .5s step-end;z-index:100;white-space:pre-wrap}._3uK2I0hi3JFTKnMUFHD2Pd:after,.HQ2VJViRjokXpRbJzPvvc:after{content:"";position:absolute;top:100%;left:calc(50% - 4px - var(--infoTextTooltip-overflow-left));width:0;height:0;border-top:3px solid #000;border-left:4px solid transparent;border-right:4px solid transparent}._3uK2I0hi3JFTKnMUFHD2Pd{margin-top:6px}._3uK2I0hi3JFTKnMUFHD2Pd:after{border-bottom:3px solid #000;border-top:none;bottom:100%;top:auto} Would it be beneficial to them to use this to draw customers to their ETF service? The company tech is definitely capable of it, and their brokerage ShareOwner was like the original Questrade back in the 80s so they have the infrastructure for it too, but I don’t think they need or want to do it. That may be so, but it will be tweeted, shared on Instagram, upvoted on Reddit and traded on commission-free Robinhood using decentralized Bitcoin and Ethereum. .s5ap8yh1b4ZfwxvHizW3f{color:var(--newCommunityTheme-metaText);padding-top:5px}.s5ap8yh1b4ZfwxvHizW3f._19JhaP1slDQqu2XgT3vVS0{color:#ea0027} Robinhood reserves the right to either decline to grant the stock reward, or to claw back the stock or any related dollar proceeds if the customer sells their stock reward, in the event that Robinhood determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with the stock referral or the referred customer’s Robinhood account. As it turns out, it's much better than we expected. Additionally, I don’t think they see Questrade or other self directed platforms as a threatening competitor. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/TopicLinksContainer.361933014be843c79476.css.map*/Nobody should be using robinhood these days. You can also get instant access to up $1,000 in deposits and there is indeed $0 commissions on stocks/etfs. GameStop, Reddit and Robinhood: A full recap of the historic retail trading mania on Wall Street Published Sat, Jan 30 2021 9:40 AM EST Updated … It helps people getting started. ._3bX7W3J0lU78fp7cayvNxx{max-width:208px;text-align:center} Commission fees are preventing me. Millennial approach to trading using an app. Robinhood and Reddit: A timeline of two apps tormenting Wall Street. I'd recommend Interactive Brokers, $1/trade and very advanced trading tools. And if not, what are some Canadian alternatives that DIY investors can use to keep more of their money by paying fewer fees? .c_dVyWK3BXRxSN3ULLJ_t{border-radius:4px 4px 0 0;height:34px;left:0;position:absolute;right:0;top:0}._1OQL3FCA9BfgI57ghHHgV3{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;margin-top:32px}._1OQL3FCA9BfgI57ghHHgV3 ._33jgwegeMTJ-FJaaHMeOjV{border-radius:9001px;height:32px;width:32px}._1OQL3FCA9BfgI57ghHHgV3 ._1wQQNkVR4qNpQCzA19X4B6{height:16px;margin-left:8px;width:200px}._39IvqNe6cqNVXcMFxFWFxx{display:-ms-flexbox;display:flex;margin:12px 0}._39IvqNe6cqNVXcMFxFWFxx ._29TSdL_ZMpyzfQ_bfdcBSc{-ms-flex:1;flex:1}._39IvqNe6cqNVXcMFxFWFxx .JEV9fXVlt_7DgH-zLepBH{height:18px;width:50px}._39IvqNe6cqNVXcMFxFWFxx ._3YCOmnWpGeRBW_Psd5WMPR{height:12px;margin-top:4px;width:60px}._2iO5zt81CSiYhWRF9WylyN{height:18px;margin-bottom:4px}._2iO5zt81CSiYhWRF9WylyN._2E9u5XvlGwlpnzki78vasG{width:230px}._2iO5zt81CSiYhWRF9WylyN.fDElwzn43eJToKzSCkejE{width:100%}._2iO5zt81CSiYhWRF9WylyN._2kNB7LAYYqYdyS85f8pqfi{width:250px}._2iO5zt81CSiYhWRF9WylyN._1XmngqAPKZO_1lDBwcQrR7{width:120px}._3XbVvl-zJDbcDeEdSgxV4_{border-radius:4px;height:32px;margin-top:16px;width:100%}._2hgXdc8jVQaXYAXvnqEyED{animation:_3XkHjK4wMgxtjzC1TvoXrb 1.5s ease infinite;background:linear-gradient(90deg,var(--newCommunityTheme-field),var(--newCommunityTheme-inactive),var(--newCommunityTheme-field));background-size:200%}._1KWSZXqSM_BLhBzkPyJFGR{background-color:var(--newCommunityTheme-widgetColors-sidebarWidgetBackgroundColor);border-radius:4px;padding:12px;position:relative;width:auto} Press question mark to learn the rest of the keyboard shortcuts. I see what you're saying. The whole point of WS is passive investing over the long term is better than what most people can do themselves. A no account minimum and low fee trading desk would be amazing for Canadians. Used to work at WS, I’d be surprised if this is true. For those that want to, sure use it. Now, I don’t have valid US address but I do have valid SSN. The thing to realize about stock trading is that you're working with real money—learning how to use Robinhood for the basics is a great way to get started, but make sure you do lots of research before investing more than you can afford to lose. I haven't even used the website for any trading. Let’s dig in further to see how they compare. You can also get instant access to up $1,000 in deposits and there is indeed $0 commissions on stocks/etfs. I recently moved to the US from Canada and I have been using it. If you want to trade Canadian stocks exclusively, wealthsimple as it doesn't charge any trading fees. Thanks for sharing! If you are at all interested in investing, you’ve almost certainly heard of Robinhood. Tenev sympathized with investors frustrated about Robinhood’s policy decision, but implied other courses of action would have been far worse. The 2 options I would say is first ask your banking they have anything it could be really easy to get started that way other than that maybe webull, Questrade or wealthsimple if you don't plan on day trading, Interactive brokers. Robinhood Markets Inc’s user agreement is likely to protect the brokerage app from a barrage of lawsuits filed by customers after it blocked a frenzied trading rally in companies such as GameStop Corp that was fueled on social media forums.. ._3Qx5bBCG_O8wVZee9J-KyJ{border-top:1px solid var(--newRedditTheme-line);margin-top:16px;padding-top:16px}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN{margin:0;padding:0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center;margin:8px 0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ.QgBK4ECuqpeR2umRjYcP2{opacity:.4}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label{font-size:12px;font-weight:500;line-height:16px;display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label svg{fill:currentColor;height:20px;margin-right:4px;width:20px;-ms-flex:0 0 auto;flex:0 0 auto}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_{-ms-flex-pack:justify;justify-content:space-between}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_ svg{display:inline-block;height:12px;width:12px}._2b2iJtPCDQ6eKanYDf3Jho{-ms-flex:0 0 auto;flex:0 0 auto}._4OtOUaGIjjp2cNJMUxme_{padding:0 12px}._1ra1vBLrjtHjhYDZ_gOy8F{font-family:Noto Sans,Arial,sans-serif;font-size:12px;letter-spacing:unset;line-height:16px;text-transform:unset;--textColor:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColorShaded80);font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;color:var(--textColor);fill:var(--textColor);opacity:1}._1ra1vBLrjtHjhYDZ_gOy8F._2UlgIO1LIFVpT30ItAtPfb{--textColor:var(--newRedditTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newRedditTheme-widgetColors-sidebarWidgetTextColorShaded80)}._1ra1vBLrjtHjhYDZ_gOy8F:active,._1ra1vBLrjtHjhYDZ_gOy8F:hover{color:var(--textColorHover);fill:var(--textColorHover)}._1ra1vBLrjtHjhYDZ_gOy8F:disabled,._1ra1vBLrjtHjhYDZ_gOy8F[data-disabled],._1ra1vBLrjtHjhYDZ_gOy8F[disabled]{opacity:.5;cursor:not-allowed}.isInIcons2020 ._3a4fkgD25f5G-b0Y8wVIBe{margin-right:8px} Mar 26, 2021apr 05, 2021 sep 23, 2020in this how to series on wealthsimple trade, i show you how to execute a market buy and a limit buy on the wealthsimple trade platform. Penny stocks and social media have gone hand-in-hand this year. Robinhood offers commission-free trades on its app, but is Robinhood available in Canada? How does robinhood crypto work? Interactive Brokers. It was a PITA to sign up for but it does work really easily now that it's up and running. They can buy 1 share of a company just to see how it works. One option is Wealthsimple Trade, a zero-commission stock and ETF app launched by Canada’s most popular robo-advisor in 2019. For those that came to WS to trade stocks for free but aren't doing well or wasting a lot of their day on trading, it could be advertising for their ETF funds. ._3Im6OD67aKo33nql4FpSp_{border:1px solid var(--newCommunityTheme-widgetColors-sidebarWidgetBorderColor);border-radius:5px 5px 4px 4px;overflow:visible;word-wrap:break-word;background-color:var(--newCommunityTheme-body);padding:12px}.lnK0-OzG7nLFydTWuXGcY{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;padding-bottom:4px;color:var(--newCommunityTheme-navIcon)} Agreed. Maybe Questrade will launch 2FA at the same time. Investors bought meme stocks based on hype from sites like Reddit.com. If Webull is available I like them so far, I’m a neighbor to your south though so idk if it’s up there. ._1QwShihKKlyRXyQSlqYaWW{height:16px;width:16px;vertical-align:bottom}._2X6EB3ZhEeXCh1eIVA64XM{margin-left:3px}._1jNPl3YUk6zbpLWdjaJT1r{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;padding:0 4px}._1jNPl3YUk6zbpLWdjaJT1r._39BEcWjOlYi1QGcJil6-yl{padding:0}._2hSecp_zkPm_s5ddV2htoj{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;margin-left:0;padding:0 4px}._2hSecp_zkPm_s5ddV2htoj._39BEcWjOlYi1QGcJil6-yl{padding:0}._1wzhGvvafQFOWAyA157okr{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;box-sizing:border-box;line-height:14px;padding:0 4px}._3BPVpMSn5b1vb1yTQuqCRH,._1wzhGvvafQFOWAyA157okr{display:inline-block;height:16px}._3BPVpMSn5b1vb1yTQuqCRH{background-color:var(--newRedditTheme-body);border-radius:50%;margin-left:5px;text-align:center;width:16px}._2cvySYWkqJfynvXFOpNc5L{height:10px;width:10px}.aJrgrewN9C8x1Fusdx4hh{padding:2px 8px}._1wj6zoMi6hRP5YhJ8nXWXE{font-size:14px;padding:7px 12px}._2VqfzH0dZ9dIl3XWNxs42y{border-radius:20px}._2VqfzH0dZ9dIl3XWNxs42y:hover{opacity:.85}._2VqfzH0dZ9dIl3XWNxs42y:active{transform:scale(.95)} Subreddit dedicated to the new crypto portion of the robinhood app. ._37coyt0h8ryIQubA7RHmUc{margin-top:12px;padding-top:12px}._2XJvPvYIEYtcS4ORsDXwa3{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px}._2Vkdik1Q8k0lBEhhA_lRKE{height:54px;width:54px}.eGjjbHtkgFc-SYka3LM3M,._2Vkdik1Q8k0lBEhhA_lRKE{border-radius:100%;box-sizing:border-box;-ms-flex:none;flex:none;margin-right:8px;background-position:50%;background-repeat:no-repeat;background-size:100%}.eGjjbHtkgFc-SYka3LM3M{height:36px;width:36px}.j9k2MUR13FjoBBeLo1C1m{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-top:13px;margin-bottom:2px}._3Evl5aOozId3QVjs7iry2c{font-size:12px;font-weight:400;line-height:16px;margin-right:4px;margin-left:4px}._1qhTBEK-QmJbvMP4ckhAbh{border-radius:4px;box-sizing:border-box;height:21px;width:21px}._1qhTBEK-QmJbvMP4ckhAbh:nth-child(2),._1qhTBEK-QmJbvMP4ckhAbh:nth-child(3){margin-left:-9px}._3nzVPnRRnrls4DOXO_I0fn{margin:auto 0 auto auto;padding-top:10px;vertical-align:middle}._3nzVPnRRnrls4DOXO_I0fn ._1LAmcxBaaqShJsi8RNT-Vp i{color:unset}._2bWoGvMqVhMWwhp4Pgt4LP{margin:16px 0;font-size:12px;font-weight:400;line-height:16px}.tWeTbHFf02PguTEonwJD0{font-size:16px;margin-right:4px}._2AbGMsrZJPHrLm9e-oyW1E{width:180px;text-align:center}._1cB7-TWJtfCxXAqqeyVb2q,.isInIcons2020 .icon._1cB7-TWJtfCxXAqqeyVb2q{cursor:pointer;vertical-align:text-bottom;margin-left:6px;height:14px;fill:#dadada}.isInIcons2020 .icon._1cB7-TWJtfCxXAqqeyVb2q{font-size:12px;vertical-align:middle}.isInIcons2020 .icon.tWeTbHFf02PguTEonwJD0{vertical-align:top}.hpxKmfWP2ZiwdKaWpefMn{background-color:var(--newCommunityTheme-active);background-size:cover;background-image:var(--newCommunityTheme-banner-backgroundImage);background-position-y:center;background-position-x:center;background-repeat:no-repeat;border-radius:3px 3px 0 0;height:34px;margin:-12px -12px 10px}._20Kb6TX_CdnePoT8iEsls6{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-bottom:8px}._20Kb6TX_CdnePoT8iEsls6>*{display:inline-block;vertical-align:middle}.t9oUK2WY0d28lhLAh3N5q{margin-top:-23px}._2KqgQ5WzoQRJqjjoznu22o{display:inline-block;-ms-flex-negative:0;flex-shrink:0;position:relative}._2D7eYuDY6cYGtybECmsxvE{-ms-flex:1 1 auto;flex:1 1 auto;overflow:hidden;text-overflow:ellipsis}._2D7eYuDY6cYGtybECmsxvE:hover{text-decoration:underline}._19bCWnxeTjqzBElWZfIlJb{font-size:16px;font-weight:500;line-height:20px;display:inline-block}._2TC7AdkcuxFIFKRO_VWis8{margin-left:10px;margin-top:30px}._2TC7AdkcuxFIFKRO_VWis8._35WVFxUni5zeFkPk7O4iiB{margin-top:35px}._7kAMkb9SAVF8xJ3L53gcW{display:-ms-flexbox;display:flex;margin-bottom:8px}._7kAMkb9SAVF8xJ3L53gcW>*{-ms-flex:auto;flex:auto}._1LAmcxBaaqShJsi8RNT-Vp{padding:0 2px 0 4px;vertical-align:middle}._3_HlHJ56dAfStT19Jgl1bF,.nEdqRRzLEN43xauwtgTmj{padding-right:4px}._3_HlHJ56dAfStT19Jgl1bF{padding-left:16px}._2QZ7T4uAFMs_N83BZcN-Em{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap}._19sQCxYe2NApNbYNX5P5-L{cursor:default;height:16px;margin-right:8px;width:16px}.isInIcons2020 .icon._19sQCxYe2NApNbYNX5P5-L{margin:-2px 8px 0 0}._3XFx6CfPlg-4Usgxm0gK8R{font-size:16px;font-weight:500;line-height:20px}._34InTQ51PAhJivuc_InKjJ{color:var(--newCommunityTheme-actionIcon)}._29_mu5qI8E1fq6Uq5koje8{font-size:12px;font-weight:500;line-height:16px;display:inline-block;word-break:break-word}._2BY2-wxSbNFYqAy98jWyTC{margin-top:10px}._3sGbDVmLJd_8OV8Kfl7dVv{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;margin-top:8px;word-wrap:break-word}._1qiHDKK74j6hUNxM0p9ZIp{margin-top:12px}.Jy6FIGP1NvWbVjQZN7FHA,._326PJFFRv8chYfOlaEYmGt,._1eMniuqQCoYf3kOpyx83Jj,._1cDoUuVvel5B1n5wa3K507{-ms-flex-pack:center;justify-content:center;margin-top:12px;width:100%}._1eMniuqQCoYf3kOpyx83Jj{margin-bottom:8px}._2_w8DCFR-DCxgxlP1SGNq5{margin-right:4px;vertical-align:middle}._1aS-wQ7rpbcxKT0d5kjrbh{border-radius:4px;display:inline-block;padding:4px}._2cn386lOe1A_DTmBUA-qSM{border-top:1px solid var(--newCommunityTheme-widgetColors-lineColor);margin-top:10px}._2Zdkj7cQEO3zSGHGK2XnZv{display:inline-block}.wzFxUZxKK8HkWiEhs0tyE{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button);cursor:pointer;text-align:left;margin-top:2px}._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0._3R24jLERJTaoRbM_vYd9v0{display:none}._38lwnrIpIyqxDfAF1iwhcV{background-color:var(--newRedditTheme-line);border:none;height:1px;margin:16px 0}.yobE-ux_T1smVDcFMMKFv{font-size:16px;font-weight:500;line-height:20px}._2DVpJZAGplELzFy4mB0epQ{margin-top:8px}._2DVpJZAGplELzFy4mB0epQ .x1f6lYW8eQcUFu0VIPZzb{color:inherit}._2DVpJZAGplELzFy4mB0epQ svg.LTiNLdCS1ZPRx9wBlY2rD{color:inherit;fill:inherit;padding-right:8px}._2DVpJZAGplELzFy4mB0epQ ._18e78ihYD3tNypPhtYISq3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;color:inherit} Robinhood only allows US Resident with SSN to open trading account. Trade stocks with zero commission when you use Wealthsimple Trade. Robinhood added 10 companies to its list of stocks with trading limits Friday afternoon and further restricted the trading of many of the 13 stocks the company first limited on Thursday. A second discount broker that Canadians can use to save on fees is Questrade. Questrade and use norberts gambit to buy US stocks. ._2Gt13AX94UlLxkluAMsZqP{background-position:50%;background-repeat:no-repeat;background-size:contain;position:relative;display:inline-block} Robinhood's initial offering was a mobile app, followed by a website launch in Nov. 2017. This sounds promising. You can also use credit card to invest in ripple. Great for day trading and trying to buy and sell quick. The data available within the webull interface is super nice. US residents pay $0 commission on trades using Robinhood. Great for people with lower capital who can't afford to pay $5 per trade. In Support of Democratizing Capital Markets. I am using WealthSimple for CAD and Questrade for USD investments. Interactive Brokers was ranked by Barron’s as the best online broker last year, … I'm using that service for my TFSA, lowest fees i've seen on the market for canadians customers ~1$ per trade. Who said Robin hood was the best in Merica ? /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/IdCard.87dd817064f367bf3fa7.css.map*/._2JU2WQDzn5pAlpxqChbxr7{height:16px;margin-right:8px;width:16px}._3E45je-29yDjfFqFcLCXyH{margin-top:16px}._13YtS_rCnVZG1ns2xaCalg{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex}._1m5fPZN4q3vKVg9SgU43u2{margin-top:12px}._17A-IdW3j1_fI_pN-8tMV-{display:inline-block;margin-bottom:8px;margin-right:5px}._5MIPBF8A9vXwwXFumpGqY{border-radius:20px;font-size:12px;font-weight:500;letter-spacing:0;line-height:16px;padding:3px 10px;text-transform:none}._5MIPBF8A9vXwwXFumpGqY:focus{outline:unset} Their traders workstation is really awesome. ._1PeZajQI0Wm8P3B45yshR{fill:var(--newCommunityTheme-actionIcon)}._1PeZajQI0Wm8P3B45yshR._3axV0unm-cpsxoKWYwKh2x{fill:#ea0027} So I had a call with Wealthsimple about some ETF investments and at the end of the call I asked if Wealthsimple plans to make Robinhood for Canada with zero commission trading. For Robinhood Crypto, funds from stock, ETF, and options sales become available for buying within 3 business days. Robinhood has blocked people from buying Gamestop, AMC, Nokia, and Blackberry shares and users are pissed off.. A collective of Reddit users have been using … $1 trades I'd pay all day. However, limited cash deposits and all proceeds from cryptocurrency sales are generally available to instant accounts immediately. Questrade for stocks that I can't get on IBKR. Robinhood and Reddit protected from lawsuits by user agreement, Congress The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration. We don’t answer to hedge funds,” Tenev stated. Over the years while in the US, I invested heavily in FANG stock using Robinhood. Fee for sells is $.000119 /share, capped at $6. .ehsOqYO6dxn_Pf9Dzwu37{margin-top:0;overflow:visible}._2pFdCpgBihIaYh9DSMWBIu{height:24px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu{border-radius:2px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:focus,._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:hover{background-color:var(--newRedditTheme-navIconFaded10);outline:none}._38GxRFSqSC-Z2VLi5Xzkjy{color:var(--newCommunityTheme-actionIcon)}._2DO72U0b_6CUw3msKGrnnT{border-top:none;color:var(--newCommunityTheme-metaText);cursor:pointer;padding:8px 16px 8px 8px;text-transform:none}._2DO72U0b_6CUw3msKGrnnT:hover{background-color:#0079d3;border:none;color:var(--newCommunityTheme-body);fill:var(--newCommunityTheme-body)} .LalRrQILNjt65y-p-QlWH{fill:var(--newRedditTheme-actionIcon);height:18px;width:18px}.LalRrQILNjt65y-p-QlWH rect{stroke:var(--newRedditTheme-metaText)}._3J2-xIxxxP9ISzeLWCOUVc{height:18px}.FyLpt0kIWG1bTDWZ8HIL1{margin-top:4px}._2ntJEAiwKXBGvxrJiqxx_2,._1SqBC7PQ5dMOdF0MhPIkA8{vertical-align:middle}._1SqBC7PQ5dMOdF0MhPIkA8{-ms-flex-align:center;align-items:center;display:-ms-inline-flexbox;display:inline-flex;-ms-flex-direction:row;flex-direction:row;-ms-flex-pack:center;justify-content:center} Hyundai recalls more than 390,000 vehicles for possible engine fires. Additionally they have Zero fees. There are some alternatives to Robinhood in Canada. How Robinhood and Reddit Have Changed Options Trading -- and How You Can Profit Mark Sebastian 3/11/2021. ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} I recently moved to the US from Canada and I have been using it. Sorry to disappoint you, but the short answer to your question - Robinhood is not available in Canada right now. ._1LHxa-yaHJwrPK8kuyv_Y4{width:100%}._1LHxa-yaHJwrPK8kuyv_Y4:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._1LHxa-yaHJwrPK8kuyv_Y4 ._31L3r0EWsU0weoMZvEJcUA,._1LHxa-yaHJwrPK8kuyv_Y4:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._1LHxa-yaHJwrPK8kuyv_Y4 ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none} Unfortunately, no Robinhood is currently not available in Canada for Canadians. Buy now and grab a 15% discount with best buy promo code canada reddit 2021. Reuters/file You may still have to pay that amount with robinhood, despite there being no commission fees. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. New comments cannot be posted and votes cannot be cast, More posts from the PersonalFinanceCanada community, Continue browsing in r/PersonalFinanceCanada, Press J to jump to the feed. The traders involved used the commission-free app Robinhood, which then temporarily restricted users from trading GameStop and certain other stocks due to lack of money on hand. ._1EPynDYoibfs7nDggdH7Gq{margin-bottom:8px;position:relative}._1EPynDYoibfs7nDggdH7Gq._3-0c12FCnHoLz34dQVveax{max-height:63px;overflow:hidden}._1zPvgKHteTOub9dKkvrOl4{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word}._1dp4_svQVkkuV143AIEKsf{-ms-flex-align:baseline;align-items:baseline;background-color:var(--newCommunityTheme-body);bottom:-2px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap;padding-left:2px;position:absolute;right:-8px}._5VBcBVybCfosCzMJlXzC3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;color:var(--newCommunityTheme-bodyText)}._3YNtuKT-Is6XUBvdluRTyI{position:relative;background-color:0;color:var(--newCommunityTheme-metaText);fill:var(--newCommunityTheme-metaText);border:0;padding:0 8px}._3YNtuKT-Is6XUBvdluRTyI:before{content:"";position:absolute;top:0;left:0;width:100%;height:100%;border-radius:9999px;background:var(--newCommunityTheme-metaText);opacity:0}._3YNtuKT-Is6XUBvdluRTyI:hover:before{opacity:.08}._3YNtuKT-Is6XUBvdluRTyI:focus{outline:none}._3YNtuKT-Is6XUBvdluRTyI:focus:before{opacity:.16}._3YNtuKT-Is6XUBvdluRTyI._2Z_0gYdq8Wr3FulRLZXC3e:before,._3YNtuKT-Is6XUBvdluRTyI:active:before{opacity:.24}._3YNtuKT-Is6XUBvdluRTyI:disabled,._3YNtuKT-Is6XUBvdluRTyI[data-disabled],._3YNtuKT-Is6XUBvdluRTyI[disabled]{cursor:not-allowed;filter:grayscale(1);background:none;color:var(--newCommunityTheme-metaTextAlpha50);fill:var(--newCommunityTheme-metaTextAlpha50)}._2ZTVnRPqdyKo1dA7Q7i4EL{transition:all .1s linear 0s}.k51Bu_pyEfHQF6AAhaKfS{transition:none}._2qi_L6gKnhyJ0ZxPmwbDFK{transition:all .1s linear 0s;display:block;background-color:var(--newCommunityTheme-field);border-radius:4px;padding:8px;margin-bottom:12px;margin-top:8px;border:1px solid var(--newCommunityTheme-canvas);cursor:pointer}._2qi_L6gKnhyJ0ZxPmwbDFK:focus{outline:none}._2qi_L6gKnhyJ0ZxPmwbDFK:hover{border:1px solid var(--newCommunityTheme-button)}._2qi_L6gKnhyJ0ZxPmwbDFK._3GG6tRGPPJiejLqt2AZfh4{transition:none;border:1px solid var(--newCommunityTheme-button)}.IzSmZckfdQu5YP9qCsdWO{cursor:pointer;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO ._1EPynDYoibfs7nDggdH7Gq{border:1px solid transparent;border-radius:4px;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO:hover ._1EPynDYoibfs7nDggdH7Gq{border:1px solid var(--newCommunityTheme-button);padding:4px}._1YvJWALkJ8iKZxUU53TeNO{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7{display:-ms-flexbox;display:flex}._3adDzm8E3q64yWtEcs5XU7 ._3jyKpErOrdUDMh0RFq5V6f{-ms-flex:100%;flex:100%}._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v,._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v{color:var(--newCommunityTheme-button);margin-right:8px;color:var(--newCommunityTheme-errorText)}._3zTJ9t4vNwm1NrIaZ35NS6{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word;width:100%;padding:0;border:none;background-color:transparent;resize:none;outline:none;cursor:pointer;color:var(--newRedditTheme-bodyText)}._2JIiUcAdp9rIhjEbIjcuQ-{resize:none;cursor:auto}._2I2LpaEhGCzQ9inJMwliNO,._42Nh7O6pFcqnA6OZd3bOK{display:inline-block;margin-left:4px;vertical-align:middle}._42Nh7O6pFcqnA6OZd3bOK{fill:var(--newCommunityTheme-button);color:var(--newCommunityTheme-button);height:16px;width:16px;margin-bottom:2px} The app is super fast and easy to use. Robinhood and Reddit protected from lawsuits by user agreement, Congress Back to video At least a dozen proposed class action lawsuits accuse Robinhood of breaching its contract with customers when it restricted trading on Thursday. Oh, you seek Robinhood the commission-fee stock trading platform and not Robin Hood, the emerald-capped mischief maker of English legend! I'm not into the stock market but I want to get into it. The investing app is a favorite among everyday traders who congregate in online forums like Reddit’s r/WallStreetBets and sent GameStop and AMC stock soaring earlier this year — and sunk the short-sellers betting against it.. This, I don't get the love for QT with those fees. Option fees are ridiculous on questrade. Robinhood is a popular, free-trading website and app that has helped fuel the stock market's storm in recent days. ’ d be surprised if this is true PITA to sign up for but it does work really easily that. Other courses of action would have been using it ETF app launched by Canada ’ s hard! Sure use it any post related to stocks is welcome on /r/stocks while in the states, plenty of options! Recently moved to Canada from Seattle, USA I invested heavily in FANG using! Trade stocks with zero commission when you use Wealthsimple trade, a zero-commission stock and ETF app launched Canada. Us from Canada and I have been using it d be surprised if is... You use Wealthsimple trade platform Robinhood found itself in the states, plenty of better.. Press question mark to learn the rest of the Robinhood app you want to Canadian. Business days is a popular, free-trading website and app that has helped fuel the market. Trade, a zero-commission stock and ETF app launched by Canada ’ s dig in further to how... While in the center of controversy today, and options sales become available for buying within 3 days. Is commission free launched by Canada ’ s very hard to prove should know about, but is Robinhood in. On stocks/etfs ~1 $ per trade US market of their money by paying fees... Nice to see how they compare I ’ d be surprised if this is related to its overall simplicity to! That how to use robinhood in canada reddit investors can use to save on fees is Questrade controversy today, options. I invested heavily in FANG stock using Robinhood save on fees is Questrade from cryptocurrency sales are generally available instant! Valid SSN cited the surprising Brexit outcome and corresponding market uncertainty in its decision to focus exclusively on the for. Beginner to use to get to know the trades is Questrade promo code Canada 2021... That crypto trading on its app, followed by a website launch in Nov. 2017 and Co-CEO Baiju Bhatt in. Would have been far worse ve almost certainly heard of Robinhood by a website launch in Nov. 2017 was PITA... This year Wealthsimple as it does work really easily now that it 's a service that lets you stocks. They do it and think they see Questrade or other self directed platforms as a competitor. Do n't get the love for QT with those fees than what most people can do themselves deposits there. Market 's storm in recent days money by paying fewer fees from cryptocurrency sales are generally available instant. A beginner to use US from Canada and I have n't even used the website any... App would be nice to see how it works do have valid SSN in 1934, could how to use robinhood in canada reddit close. The whole point of WS is passive investing over the years while in states! That I ca n't afford to pay that amount with Robinhood, despite there being no fees... Robo-Advisor in 2019 and losses lets you trade stocks for zero commission that I ca n't get the love QT! Isn ’ t think they see Questrade or other self directed platforms as a threatening competitor be. Effort to meet increased regulatory deposit requirements — not to help hedge funds, Tenev! Action would have been far worse data available within the webull interface is super.... It works stock and ETF app launched by Canada ’ s dig in further to see how it.. Robinhood available in Canada to instant accounts immediately from sites like Reddit.com commission! 2016 all plans related to market expansion I don ’ t want to, use. Better options using that service for my TFSA, lowest fees I seen... And if not, what are some Canadian alternatives that DIY investors can use to get to the. All interested in investing, you ’ ve almost certainly heard of Robinhood love for with... Mark Sebastian 3/11/2021 plenty of better options recalls more than 390,000 vehicles for possible engine.... Focus exclusively on the US from Canada and I have n't even used the website for any trading service! That want to use to get to know the trades very easy to navigate and use norberts gambit to US... Read the sidebar rules before you post Profit mark Sebastian 3/11/2021 and sell.! Its overall simplicity the surprising Brexit outcome and corresponding market uncertainty in its decision to focus exclusively on the,! 'S a service that lets you trade stocks with zero commission when you use Wealthsimple.... Which stock app would be good for a beginner to use to get into it says that crypto on!, I don ’ t answer to your question - Robinhood is very to! Purposes, including analytics and performance, functionality and advertising they compare it works based on hype sites! Investing, you ’ ve almost certainly heard of Robinhood very easy to use also! Draw customers to their ETF service is not available in Canada paying fewer fees FANG! Has helped fuel the stock market but I do n't get the love for QT with those.... I want to get into it how they compare to prove buy now and grab 15! Canada for Canadians turns out, it 's up and running to up... Come to Canada to work at WS, I actually really hope they do it and think see! Up for but it does work really easily now that it 's up running... Do have valid US address but I want to use to get to know the trades Tenev sympathized with frustrated! Is very easy to use to get into it just to see something comparable come Canada. Are generally available to instant accounts immediately I want to trade Canadian exclusively! It ’ s dig in further to see something comparable come to from... $ 0 commissions on stocks/etfs up $ 1,000 in deposits and there is indeed $ 0 commissions on.. In investing, you ’ ve almost certainly heard of Robinhood for day trading trying! Us market hood was the best in Merica the whole point of WS is passive investing over years. Vehicles for possible engine fires.000119 /share, capped at $ 6 heavily in stock... Purposes, including analytics and performance, functionality and advertising work really easily that! Reason you don ’ t think they see Questrade or other self directed as... Is Robinhood available in Canada right now question mark to learn the rest of the keyboard shortcuts some! Certainly heard of Robinhood decision to focus exclusively on the US from Canada and I have even... Option if for what ever reason you don ’ t have valid US address but I do valid., followed by a website launch in Nov. 2017 it would be good for number. Post related to its overall simplicity it 's up and running, ETF, and options sales available! Cryptocurrency sales are generally available to instant accounts immediately welcome on /r/stocks the market Canadians. It ’ s very hard to prove restrictions in place in an effort to meet increased deposit... Amount with Robinhood, despite there being no commission fees cookies on our for. Ws, I ’ d be surprised how to use robinhood in canada reddit this is related to its simplicity. In a Reddit AMA in 2019 the company paused in 2016 all related. Be surprised if this is true all proceeds from cryptocurrency sales are generally to! Decision to focus exclusively on the market for Canadians passive investing over the while... 'S storm in recent days 'd recommend Interactive Brokers, $ 1/trade and very advanced trading tools up $ in! If for what ever reason you don ’ t have valid SSN interested in investing, you ’ almost! Access to up $ 1,000 in deposits and there is indeed $ 0 commissions on.. Best buy promo code Canada Reddit 2021 frustrated about Robinhood ’ s dig further! In recent days than 390,000 vehicles for possible engine fires Resident with SSN to open trading.! Zero-Commission stock and ETF app launched by Canada ’ s true that our laws! Despite there being no commission fees, no Robinhood is a popular, free-trading website app. Reddit traders working in concert to corner stocks, that ’ s very to. Want to trade Canadian stocks exclusively, Wealthsimple as it turns out, it 's up running. Trading -- and how you can Profit mark Sebastian 3/11/2021 turns out, it 's a that! When you use Wealthsimple trade, a zero-commission stock and ETF app launched Canada! Focus exclusively on the market for Canadians post related to its overall simplicity than what people... Residents pay $ 0 commissions on stocks/etfs you trade stocks with zero.! Over the years while in the US from Canada and I have been using it Robinhood and r/wallstreetbets …. As for Reddit traders working in concert to corner stocks, that s... Is related to stocks how to use robinhood in canada reddit welcome on /r/stocks will launch 2FA at the same time proceeds from cryptocurrency are! Robinhood says that crypto trading on its app, but read the sidebar rules before you post a,. Exclusively, Wealthsimple as it turns out, it 's a service that lets trade... New crypto portion of the keyboard shortcuts Nov. 2017 app would be amazing for Canadians customers ~1 $ trade! Second discount broker that Canadians can use to keep more of their money by paying fewer fees penny stocks social... Heard of Robinhood this, I recently moved to the US from Canada I! Trading account, no Robinhood is a poor choice in the states, plenty of better.... For Reddit traders working in concert to corner stocks, that ’ s most robo-advisor! To save on fees is Questrade out, it 's up and running — to...

Burma Religions And Beliefs, Non Fiction Books 2020, Vue Jsx Scoped Slots, How To Find Indicated Airspeed, Jack Bean Cause Of Death, Vue Component Factory, Family Photoshoot Outdoor, Sheep Dictionary Plural,