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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.

Promoted

Invest with Wealthsimple Trade

Wealthsimple Trade logo
  • Get 2 free stocks
  • Free trades
  • $0 account fee
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Finder Rating: ★★★★★ 3.9 / 5

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Compare online stock trading platforms

Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Feature Table description
FREE TRADES
Wealthsimple Trade
Finder Rating:
★★★★★
3.9 / 5
$0
$0
Stocks, ETFs
Get 2 free stocks (total value up to $9,000) when you deposit and trade $150.
Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple Trade.
Interactive Brokers
Finder Rating:
★★★★★
4.1 / 5
Min. $1.00, Max. 0.5%
$0
Stocks, Bonds, Options, ETFs, Currencies, Futures
Extensive trading capabilities and global investment tracking.
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
OFFER
CIBC Investor's Edge
Finder Rating:
★★★★★
4 / 5
$4.95 - $6.95
$0 if conditions met, otherwise $100/year
Stocks, Bonds, Options, Mutual Funds, ETFs
Get up to $2,000 cash back. Conditions apply. Offer ends March 1, 2022.
An intuitive and easy-to-use platform with access to a variety of tools that help you make smart decisions and trade with confidence.
OFFER
Questrade
Finder Rating:
★★★★★
4.2 / 5
$4.95 - $9.95
$0
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
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 and take some of the guesswork out.
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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

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