Canadian Stock Brokers - What Is JitneyTrade? - Reviews

Jitneytrade was recommended as an online broker for Canadian stocks, and as the answer to “Where to Buy Canadian Stock?” at the superstockpicker forum.  Super Stock Picker mechanically manages a set of portfolios holding only Canadian stocks and they are associated and partnered with Jitneytrade. I’ve never heard of Jitney before so here’s what I found in my research…

Jitney is a Canadian company that was founded in 2001 space by a group of market makers and traders who had worked for more than twenty years on the Montreal Stock Exchange floor.  The necessary amount to open an account at Jitney is $15, 000 Canadian.

Jitney operated under a different name last year and was cited for changing its name without approval.  It was a simple name change from Jitney Group Inc. to Jitney Trade Inc.

Jitneytrade is listed as a member of the Canadian Investor Protection Fund, and with the Investment Dealers Association of Canada at PureTrading.  The company recently appointed Ajoy Puni as the Vice President of its online division.

Please leave your Jitneytrade Reviews here in the comments section to share your experiences with them.