TD Waterhouse Discount Brokerage (2024)

FAQs

Is TD Waterhouse a discount brokerage? ›

Expand your investment universe. Choose TD Waterhouse Discount Brokerage and take advantage of Global Trading — which provides online access to 10 international markets.

TD Automated Investing can be a good option for investors who: Are interested in a convenient way to invest online. Have a personal financial goal in mind, like saving for a major purchase or retirement. Would like a robo-advisor to automatically monitor and rebalance their portfolio.

If you're looking to get started with self-directed investing, we can help. At TD Direct Investing, we understand no one starts off as an expert. That's why we have a range of trading platforms, tools, and educational resources to meet you at this stage of your investing journey.

The name TD Waterhouse was formed and was used for TD's British, Canadian, and American brokerage activities. In Canada, TD Waterhouse thus replaced the brand Greenline. In 1996, TD became the first online broker in Canada with the launch of WebBroker.

Percentage-based brokerage fees can range between 0.01% to 0.05% of the total value involved in a transaction, the lowest brokerage charges being 0.01%. On the other hand, flat fees range from Rs. 10 to Rs. 20 for every trade.

TD Salary FAQs

The average salary for an Investment Advisor is $77,136 per year (estimate) in Canada, which is 25% higher than the average TD salary of $61,500 per year (estimate) for this job.

Robo-advisors allow investors (both beginners and seasoned pros) to put their money to work in a diverse portfolio of stocks and bonds, which it usually does through exchange-traded funds, or ETFs. The exact funds vary by robo-advisor, with most choosing to offer passive, low-cost index funds.

Self-directed investing offers more control and the potential for higher returns, but requires a significant time investment and a solid understanding of financial markets. Robo-advisors provide an automated, low-effort investing experience, but may limit your investment options and come with their own set of fees.

TD Wealth represents the products and services offered by TD Waterhouse Canada Inc., TD Waterhouse Private Investment Counsel Inc., TD Wealth Private Banking (offered by The Toronto-Dominion Bank) and TD Wealth Private Trust (offered by The Canada Trust Company).

Fidelity offers excellent value to investors of all experience levels, and it may be a good fit for some active traders (remember, it doesn't support futures trading). Due to its comprehensive educational offerings, live events, and intuitive platforms, TD Ameritrade is our top choice for beginners.

What is a good amount to invest for beginners? ›

As a general rule of thumb, you want to aim to invest a total of 10% to 15% of your income each year for retirement. That probably sounds unrealistic now, but you can start small and work your way up to it over time.

Over time, we became TD Waterhouse and now, TD Direct Investing. What hasn't changed is our focus on our clients. Here are some highlights of our 30+ years in Canada.

Ameritrade acquired TD Waterhouse in 2006, and was renamed TD Ameritrade.

If you're a self-directed investor, TD Waterhouse Discount Brokerage is committed to helping you become the best investor you can be. Call -866-280-2022 or visit www.tdwaterhouse.ca to open a TD Waterhouse Discount Brokerage account.

As some of the oldest online discount brokers with more than 18 million accounts between them, E*Trade and TD Ameritrade are two of the largest discount brokerages in existence, and for good reason: Both offer features common of the best brokerage accounts, including low commissions, low (or no) minimum deposit ...

Examples of brokers with Lowest brokerage charges in India include Zerodha, Angel One & Kotak Securities . These platforms often appeal to traders and investors seeking cost-effective options with transparent fee structures, providing a variety of financial instruments at competitive rates.

– Full-service brokers do not just execute buy and sell orders for their clients; they provide a whole host of services like research on trending topics, sectoral and stock research, and tax planning, etc. – Discount brokerages are mostly self-directed and very active traders.