Since , you cannot buy stocks directly through its original platform. Scottrade was acquired by TD Ameritrade in 2017, which subsequently merged into Charles Schwab .
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) how to buy canadian stocks on scottrade
: 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 Since , you cannot buy stocks directly through
: Some Canadian stocks trade on the U.S. Over-the-Counter (OTC) markets. These often have a five-letter ticker ending in "F". Residents (via Charles Schwab) : For direct trading
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:
: 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.