Smaller Canadian companies often trade on the U.S. Over-the-Counter (OTC) market as "foreign ordinaries," typically identified by a 5-letter ticker ending in "F".
Choosing a broker depends on whether you want direct access to Canadian exchanges or prefer U.S.-listed equivalents. Key Features Lowest Costs can a us citizen buy canadian stocks
Best for direct TSX access; extremely low FX conversion fees. User Experience Smaller Canadian companies often trade on the U
Many large Canadian companies (e.g., Shopify, Royal Bank of Canada, Suncor Energy) are "interlisted" and trade directly on U.S. exchanges in USD. Key Features Lowest Costs Best for direct TSX
Provides international trading accounts but may charge higher commissions for direct foreign trades. 3. Critical Tax & Reporting Considerations
U.S.-listed ETFs that track Canadian indices (like the Franklin FTSE Canada ETF ) offer broad exposure without the need to manage individual foreign stocks. 2. Recommended Brokers (2026)