What is the least expensive way to practice buying stocks in Canada?

Their are too many searches online and I want a trusted site. Should I ask my Bank?

You said practice, right? Do you have a yahoo or google account?
You can go to finance.yahoo.com and make up a portfolio. You can enter as much as you like. It doesn’t cost anything. It will give you a value for each of the stocks you picked and the total of the portfolio. Then check it periodically
See if your guesses put you better than average. Did you win or lose?
And it is all free!

@LuckyGuy No. I want the experience of owning a stock. I want to vote in shareholders meetings and get briefings. I’m thinking of $0.005 stocks for $100 – minus fees. I played stockholder video games for the NES Nintendo entertainment system and want to put some skin In the game. A little skin but not 0.

^^ it’s not a game my friend.it can result in losing your hard earned money if your choices aren’t right. I know you won’t be investing a fortune but then also why invest without doing proper analysis?

@imrainmaker Its on my bucket list. I want power not profit at this stage In my life. I want to belong to a business family. I want to understand more about the products I buy.

Okk.The bucket list.. What else is there on the list..)?

@imrainmaker I don’t know. Maybe twin PH.D’s In Parapsychology and psychology . Write a couple of textbooks for the dummies series. Start a Parapsychology and psychology practice . Get married to a smart tall woman. Start a family. Be the worlds first trillionare. Have enough food to eat so I don’t have to cut the food budget to pay the bills. Expertise in psychic time travel so that I can help myself and others. Mastery of a dimensional anchors and how to overcome one.

@mods… Please put in social to preserve the answers.

The problem with buying only $100 worth of stock is the transaction fees will take up a more significant part of your profit. A broker will charge you $8 to buy it and $8 to sell. That is 16% of a $100 purchase . If the stock went up 5% you would still be losing 11%!
If you were making a $10,000 purchase the fee would still be $8 each way but that $16 would only be 0.16%. If the stock went up 5% you’d be making 4.84%.
Brokerage houses expect to be paid for their work I don’t know any one who does it for free.
If you recognize this and it is still on your bucket list then open an online account with a company like optionshouse or e*trade. Make sure there are no annual fees. (I don’t think there are any with those companies, but check.)

Here’s a little research that might help you.
Best online stock trading brokers for 2017

[Mod says] Moved to Social on request.

@RedDeerGuy1 You can go with D.R.I.P. (Direct Re Investment Plan) but it would have to be with Canadian companies. In the USA you need a Social Securty number and reside in the USA. You buy direct from the company and then they reinvest any dividends to buy more stocks.
Here is Computershares website for USA.
You own the stocks,vote and receive dividends.

So I have a Robinhood account with a balance of 13 dollars.

http://imgur.com/a/2O2Bg

Robinhood allows for free trades.

So you can trade for no fees. I have used them for years.

If you want I can do some trading for you. Keep in mind you can’t day trade with Robinhood.

So if you want me to do it for you I will. I will cover capital gains since that won’t happen. You would need to hold things for a few days. And it would take me being awake to execute a trade. But if you want to get your toes wet send me 100 and I will invest for you. And I will send you back any money you don’t lose.

I know I am being negative. But now is a bad time. But I will do it if you want. Just be prepared to lose.

@johnpowell No. I don’t know you well enough . I might go for an ETF. After I pay off my debt. In December.

Fair enough. But if you can only put in 100 fees will make it impossible to get a return.

D.R.I.P.‘s are directly with the company so there is no stock market transaction fees.

@johnpowell I’m not motivated by profit. I’m want stocks for business ownership. For a Christmas gift.

Then you really need to read up on how this works. If you own a share of Apple you can’t just walk in and grab a iPhone.

@johnpowell Where would I learn about it? Thats why I wanted to practice buying stocks in Canada.