: Often ranked as Canada's best overall broker, offering free ETF trading and solid research tools.
: Rated highly for its user-friendly mobile app and commission-free stock/ETF trading. how to buy penny stocks in canada
You need an account with a firm that supports trading on junior Canadian exchanges and potentially U.S. Over-the-Counter (OTC) markets. : Often ranked as Canada's best overall broker,
Be careful with TFSAs or RRSPs . While some TSXV/CSE stocks are allowed, many OTC-only stocks are ineligible . Holding ineligible stocks can result in heavy audits or taxes from the CRA. how to buy penny stocks in canada
A common rule of thumb is to keep penny stock exposure to no more than 5–10% of your total investable assets.