As I said, once i realized RBC would not take my orders, I went on the hub and asked people where i might purchase stock. The recommendations - about 2-3 of them - were Virtual Broker.
- I filled out the appropriate forms.
- I then waited for them for a few days to kick-start my account by having me send a small amount of money to them (it was a simple process that they launched)
- Once done and my account was ready to go, i transferred funds from RBC to Virtual. That took a few days, but when it was in place, I put in my order.
- I transferred funds 3 times I believe and waited a few days before i could use it.
- Once I bought all the stock I wanted all was good. The only thing I caution is that they do not transfer your CDN$ into american, or suggest you do, so I was called for a margin call a few times. I found that annoying not understanding why they transfer the funds, but that being said, I now do it every time my self using their software.
Virtual Brokers from what i see is fine. I don't care about the price for trade because it is miniscual compared to my overall investment and potential profit. A few bucks here are there is inconsequential.
Much luck
go BVTK go!!!!
-- Rufus
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