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The best stock trading apps and platforms in Canada

We've analyzed the apps and fees of major stock trading platforms so you can quickly see the stand-outs.

Best for Global Trading

★★★★★

Finder rating 4.1 / 5

  • Low margin rates
  • No platform fees
  • Powerful research tools

Stock Fee

min $1.00, max 0.5%

Account Fee

$0

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Best for No Commissions

★★★★★

Finder rating 4.1 / 5

  • $0 transactions
  • Easy signup
  • Research tools

Stock Fee

$0

Account Fee

$0 if conditions met, or $100

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Best for Free Trades

★★★★★

Finder rating 3.9 / 5

  • $25 bonus
  • Free stock trades
  • $0 account fee

Stock Fee

$0

Account Fee

$0

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Best for Beginners

★★★★★

Finder rating 4 / 5

  • Free trades for Young Investors
  • Low trading fees
  • Easy to use app

Stock Fee

$4.95–$6.95

Account Fee

$0 if conditions met, or $100

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Finder's Pick For

Beginners

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Compare online stock trading platforms

1 - 5 of 5
Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Offer
Interactive Brokers
Finder Rating:
★★★★★
4.1 / 5
min $1.00, max 0.5%
$0
Stocks, Bonds, Options, ETFs, Currencies, Futures
FREE TRADES
National Bank Direct Brokerage
Finder Rating:
★★★★★
4.1 / 5
$0
$0 if conditions met, or $100
Stocks, Bonds, Options, Mutual Funds, GICs
$0 commission on all transactions for Finder investors.
FREE TRADES
Wealthsimple
Finder Rating:
★★★★★
3.9 / 5
$0
$0
Stocks, ETFs
Get $25 when you open a Wealthsimple account and fund at least $150.
Scotia iTRADE
Finder Rating:
★★★★★
3.8 / 5
$4.99–$9.99
$0
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
BMO InvestorLine
Finder Rating:
★★★★★
3.9 / 5
$9.95
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Buy and sell a select group of Canada’s most popular ETFs without paying commissions.
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How to find the best stock trading app for you

Before signing up for a stock trading app, consider these factors:

  • Fees. Beyond commissions per trade, look into account minimums, transfer fees and varying costs to trade more complex securities.
  • Available securities. Some platforms offer a wide range of securities, while others specialize in only one or two.
  • Research tools. Beginners may want an app with educational resources, while active traders will need robust analytics tools.
  • Mobile support. Apps typically aren’t as robust as some desktop versions of the same platform. (Note: Not all apps also offer a corresponding desktop trading platform.) Check feedback in Google Play and the App Store.
  • Customer feedback. Explore customer feedback in places like the Better Business Bureau and Reddit to find out what investors really think about the platform.

Bottom line

The best stock trading app depends on what kind of investor you are. Be sure to compare fees. But also look at what other resources and features an app offers and how its cost structure matches up with your own trading needs.

Frequently asked questions


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.

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