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Post by sticks on Feb 6, 2012 9:29:46 GMT
Hi there.
Have any Canadians found a way to trade Canadian stocks online while maintaining a non-res status?
Thanks All.
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Post by tawasan on Feb 7, 2012 3:04:36 GMT
Check with the various online brokees to see if you can hold an account and trade as a non-resident. The important thing is that they know and treat you as a non-resident. This goes for all other accounts you have in Canada. Another way might be to use a USA brokee which does trading on the Canadian exchanges. If anyone wants the name of an excellent Canadian accounting firm experienced with non-resident clients just PM me. Cheers.
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Post by Andrewjames on May 15, 2012 7:33:26 GMT
Forex trading became more popular ever since it was introduced to internet users. The idea of trading currency online and the ease of flipping one currency in exchange of the other to earn profit is very appealing.
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Post by dgc00 on May 28, 2012 8:13:39 GMT
My recommendation is to not use a broker to trade in Can stocks - just keep your investments in the States - many brokee firms provide services for non-US investors. Plus the US has very favorable tax rules for non-US investors (way better than Can tax rules for non-residents). Also you might look into e-trade, they have a branch in Dubai for Middle East residents. Finally, stay away from these "life assurance" salesmen (or at least research their products thoroughly). Good luck.
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