Finder Stock Trading Platform Awards 2022
Finder recognizes the best stock trading platforms for every type of investor. See how your broker ranks here.
The Finder Stock Trading Platform Awards 2022 recognizes the best platforms in Canada for investing in stocks depending on your personal needs.
Finder’s data team crunched 630 data points across 18 brokers to see who came out on top.
The platform with the highest scores across nine different categories was declared the winner. The second and third places received a “highly commended” award. You can see the full methodology here.
Here is the list of the 2022 Finder Stock Trading Awards:
Finder Investment Awards 2022 Winners
Best for Canadian stocks: WealthSimple Trade
Highly commended:
- Interactive Brokers
- Desjardins Online Brokerage
Best day trading platform: Interactive Brokers
Highly commended:
- CI Direct Trading
- Desjardins Online Brokerage
Best for long-term investors: Interactive Brokers
Highly commended:
- CI Direct Trading
- Desjardins Online Brokerage
Awards criteria
Here’s how Finder’s expert analysts chose the best Canadian stock trading platforms for 2022.
Selection criteria
We conducted an extensive market review of what we deemed to be the 20 best brokers. For each broker, we collected 35 data points and brokers were then weighted to align with the category. You can view the complete breakdown on the methodology page and a summary of the weightings below.
Stock trading platform – Best overall
- Markets available: 11%
- Securities & orders: 27.5%
- Fees: 37.5%
- Features: 24%
Stock trading platform – CA stocks
- Markets available: 0%
- Securities & orders: 4%
- Fees: 77%
- Features: 19%
Stock trading platform – International stock trading
- Markets available: 20%
- Securities & orders: 8.5%
- Fees: 51.5%
- Features: 20%
Stock trading platform – Active traders
- Markets available: 7%
- Securities & orders: 16.5%
- Fees: 43%
- Features: 33.5%
Stock trading platform – Long term investors
- Markets available: 5%
- Securities & orders: 18%
- Fees: 55%
- Features: 22%
Stock trading platform – Beginners
- Markets available: 0%
- Securities & orders: 14%
- Fees: 21%
- Features: 65%
Stock trading platform – Features
- Markets available: 0%
- Securities & orders: 14%
- Fees: 15%
- Features: 71%
Stock trading platform – Low cost broker
- Markets available: 0%
- Securities & orders: 2%
- Fees: 83%
- Features: 15%
Stock trading platform – US stocks
- Markets available: 0%
- Securities & orders:12.5%
- Fees: 66.5%
- Features: 21%
Stock trading platform – Stock trading app
- Markets available: 0%
- Securities & orders: 5%
- Fees: 30%
- Features: 65%
Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, 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 most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.
