First: Do you get good customer service from TD, and are you otherwise happy with them? If you are you might consider staying with them. Since you're not going to be trading frequently, a few extra dollars fee per trade is probably irrelevent. I'm a former ETrade customer, and I certainly won't be going back given the poor service I got.
Second: Do some more research on ETF's (Exchange Traded Funds). XIU is an ETF. It tracks the TSX 60 index. You buy and sell it like a stock, paying the usual commisions. I'm in the States, so symbols may be a little different but I got a quote for it on Yahoo! under XIU.TO . ETF's are much more user friendly than mutual funds as far as ability to trade them goes. I buy and sell them frequently.
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