looking for share swapping club to trade Canadian stocks

These arrangements were popular back in the 1990s when trading commissions were relatively expensive (ie, $30-$40 per trade). However, commissions have declined drastically over the past 15 or so years, to the point where there doesn't seem to be much of an advantage to use a swapping club. As a rule, $10 trades are easy to find, and it's not even too challenging to get $7 trades through the big banks' brokerage arms. Unless you plan on churning your portfolio heavily, it's pretty hard for commissions to be a meaningful expense.

The only value that I can see with the swapping club would be if you are just starting out and have very little capital to invest. If you have less than say $25k, it's a bit tougher to find brokerage accounts with low fees (ie, no maintenance fee and low commissions). However, for people with less than $25k, I'd recommend starting out with a basic index fund while you build your savings...

Appreciate the link. Happy Investing. I'm just starting out. Tks again

I appreciate your thoughts. I am just starting out with limited funds and other posts had suggested that getting one share to start and then "Dripping" and doing "Share Purchasing" (ie SPP) with the Canadian stocks that allow that is a great way to eliminate most if not all fees and sometimes getting discounts - thus more bang for my buck. Tks.

In the 1960s, my dad belonged to at least one "investment club". I remembered the name (which was an organization they all belonged to but spelled backwards), and in 2015 it has no internet mention under that name so probably does not exist. I know that's not what the OP was asking about, but it does fall under the rubric of reducing or spreading out broker fees.