When we started FindBroker.net our goal became providing you with the necessary information to select a broker that fits your needs. So far we had only a single ranking – Brokers offering American ETFs. It makes sense to start with it because ‘The New York Stock Exchange (NYSE) and the Nasdaq are by far the world’s largest stock exchanges by total market capitalization.’ However, we did not plan to maintain only a single ranking. You can now check our latest one where we check brokers offering Canadian ETFs.
You should not limit your investments only to the biggest American market. Canada is also an important, but significantly smaller, in the financial markets. In the realm of investment, diversifying your portfolio is a crucial strategy for mitigating risk and maximizing potential returns. Canadian ETFs offer a compelling alternative to American ones. They provide unique exposure to the Canadian economy and its diverse industries – from natural resources to technology. Moreover, if you do not live in the US and your main currency is not USD, then having only exposure to the U.S. dollar may result in additional significant portfolio volatility only because of a currency risk.
Unfortunately, there are not many brokers that let you invest in Canada (especially in ETFs), if you live e.g. in Europe. Checking and contacting potential investment vehicles required a significant amount of time and effort. Many of these brokers do not state it clearly on their websites but they serve only domestic customers. FindBroker.net’s ranking of brokers offering Canadian ETFs simplifies your decision-making process. We list the most important fees and compare costs between brokers based on some trading examples. Moreover, we also outline some potential barriers. For instance, some brokers give you access to Canadian markets but only when assisted by broker employees.
Navigating the world of brokers offering Canadian ETFs
Are you interested in trading instruments from Canada? Check our latest ranking – Brokers offering Canadian ETFs.