How to buy Alpha Investment (ALPC) stock in Canada

Finder makes money from featured partners, but editorial opinions are our own.

Alpha Investment, a mortgage lender based in Columbus, Ohio, filed a form S-1 with the US Securities and Exchange Commission recently, formally announcing its plans to go public underwritten by Boustead Securities. Alpha is backed by Omega Commercial Finance.

Here's what you need to know about investing in Alpha Investment from Canada.

Finder's top picks on where to buy Alpha Investment stock when it goes public

Go to site

Low margin rates

Access to international stock exchanges
Low margin rates
Powerful research tools

Go to site

CA & US trading

$1,200 cash reward or $1,200 Apple gift card
Low transaction fees
Easy-to-use app

Go to site

Easy to use app

Easy-to-use platform
Low fees
Student and young investor discounts

Our selection of top picks is based on the same criteria as our annual Stock Trading Platform Awards. This is updated yearly to reflect changes in the market.

"Best for" picks are those we've evaluated to be best for specific product features or categories – you can read our full methodology here. If we show a "Promoted" pick, it's been chosen from among our commercial partners and is based on factors that include special features or offers, and the commission we receive.

This isn't an exhaustive list of all the trading platforms out there. What's best for you depends on your own investing strategy, budget and financial goals.

What we know about the Alpha Investment IPO

Alpha has previously traded on OTC Markets. After the IPO, it will trade on the Nasdaq Capital Market under the stock ticker symbol "ALPC."

The company plans to raise $15 million from the IPO. Aegis Capital was originally slated to be the sole bookrunner, but underwriting responsibilities have since changed to Boustead Securities. Details like the exact IPO date and opening stock price have not yet been announced.

You can read more about the IPO in this document filed with the US Securities and Exchange Commission (SEC) on December 20, 2021. We'll update this page as more information becomes available.

Note: all dollar amounts on this page are in US dollars unless otherwise stated.

How to buy Alpha Investment stock when it starts trading

Once Alpha Investment goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

Compare stock trading platforms. Use our comparison table to help you find a platform that fits your needs.
Open your brokerage account. Complete an application with your details.
Confirm your payment details. Fund your account.
Research the stock. Find the stock by name or ticker symbol – ALPC – and research it before deciding if it's a good investment for you.
Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

Will I be able to buy Alpha Investment stock in Canada?

You won't be able to buy Alpha Investment stocks on a Canadian stock exchange like the TSX. Instead, you need a Canadian broker that provides access to international stock exchanges.

You can access US exchanges like the NYSE and the NASDAQ using Canadian trading platforms like Qtrade, Wealthsimple, Scotia iTRADE and CIBC Investor's Edge.

Interactive Brokers provides access to many stock exchanges outside North America like the Hong Kong Stock Exchange (SEHK), Korea Stock Exchange (KSE), National Stock Exchange of India (NSE), Frankfurt Stock Exchange (FWB) and London Stock Exchange (LSE).

Buy Alpha Investment stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6

Name	Finder Rating	Available Asset Types	Stock Trading Fee	Account Fee	Signup Offer	Table description
Interactive Brokers Interactive Brokers	Finder Score: ★★★★★ 4.2 / 5	Stocks, Bonds, Options, Index Funds, ETFs, Currencies, Futures	min $1.00, max 0.5%	$0	N/A	Winner for Best Overall Broker in the Finder Stock Trading Platform Awards.	Go to site View details Compare	loading Fetching your data...
Moomoo Financial Canada Moomoo Financial Canada	Finder Score: ★★★★★ 3.9 / 5	Stocks, Options, ETFs	$0.014/stock	$0	Get up to $1,200 or a $1,200 Apple gift card	Trade US stocks for up to 90% less and access free real time stock quotes and level 2 market data. T&C's Apply.	Go to site View details Compare	loading Fetching your data...
CIBC Investor's Edge CIBC Investor's Edge	Finder Score: ★★★★★ 3.7 / 5	Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs	$6.95	$0 if conditions met, or $100	100 free trades + up to $4,500 cash back with Premium Edge	An easy-to-use platform with access to a variety of tools to help you trade with confidence.	Go to site View details Compare	loading Fetching your data...
RBC Direct Investing RBC Direct Investing	Finder Score: ★★★★★ 3.8 / 5	Stocks, Bonds, Options, Mutual Funds, ETFs, GICs	$6.95 - $9.95	$0 if conditions met, otherwise $25/quarter	N/A	Enjoy no minimum trading activity requirements and pay just $9.95 per trade or $6.95 if making 150 trades per quarter.	Go to site View details Compare	loading Fetching your data...
Questrade Questrade	Finder Score: ★★★★★ 3.9 / 5	Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals	$4.95 - $9.95	$0	Get $50 in free trades when you fund your account with a minimum of $1,000.	Opt for self-directed investing and save on fees or get a pre-built portfolio to take out some of the guesswork.	Go to site View details Compare	loading Fetching your data...
Qtrade Direct Investing Qtrade Direct Investing	Finder Score: ★★★★★ 3.6 / 5	Stocks, Bonds, Options, Mutual Funds, ETFs, GICs	$6.95 - $8.75	$0 if conditions met, otherwise $25/quarter	Get up to a $150 sign-up bonus. Use code OFFER2024. Ends October 31, 2024.	Low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options.	Go to site View details Compare	loading Fetching your data...

Tax implications of buying US stocks in Canada

Canadians who earn dividends from US stock investments must pay the US Internal Revenue Service (IRS) a 15% withholding tax on their earnings. The rate goes down to 10% for bonds and other interest-yielding US investments.

An exception is made for stock investments held in trusts designed to provide retirement income. This includes RRIFs, LIRAs, LIFs, LRIFs and Prescribed RRIFs. RRSPs that hold US stocks, bonds or ETFs are also exempt from US withholding tax. RESPs, TFSAs and RDSPs are not exempt.

Canadian and international investment income must be declared on your Canadian tax return. Unless your US earnings are exempt from withholding tax, this means you'll be taxed by both the IRS and the CRA. The CRA may allow you to claim foreign tax credits for any taxes you've already paid to the IRS.

Speak with a tax professional to find out what rules and exceptions apply in your circumstances.

Related: Online stock trading

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.