How To Buy Canadian Stocks On Scottrade -
If you are a resident of Canada, you generally cannot use the U.S.-based Schwab or TD Ameritrade retail platforms. Instead, you should use native Canadian brokerages: Investing in ADRs, Foreign Ordinaries, & Canadian Stocks
If you were a former Scottrade client, your account has transitioned to Charles Schwab . U.S. investors can access the Canadian market through three primary methods: how to buy canadian stocks on scottrade
: Many large Canadian companies (e.g., Shopify, Royal Bank of Canada) are dual-listed on U.S. exchanges like the NYSE or NASDAQ. You can buy these exactly like any other U.S. stock. If you are a resident of Canada, you
Since , you cannot buy stocks directly through its original platform. Scottrade was acquired by TD Ameritrade in 2017, which subsequently merged into Charles Schwab . investors can access the Canadian market through three
Depending on your residency, here is how you can buy Canadian stocks today using the platforms that replaced Scottrade : For U.S. Residents (via Charles Schwab)
: For direct trading on the Toronto Stock Exchange (TSX), you must use a Schwab Global Account . These trades may involve currency conversion fees and higher commissions than standard U.S. trades. For Canadian Residents
: Some Canadian stocks trade on the U.S. Over-the-Counter (OTC) markets. These often have a five-letter ticker ending in "F".
