Is there a free trading platform in Canada?

Yes, multiple platforms offer commission-free stock trading in Canada. For example, Questrade, Wealthsimple and National Bank Direct Brokerage all offer commission-free trading, while CIBC Investor's Edge offers this feature for eligible young investors. However, be aware that other fees may apply, such as currency conversion costs and commissions when you trade assets other than Canadian and US stocks and ETFs.

How much are Questrade trading fees?

Questrade offers commission-free trading of stocks and ETFs listed on US and Canadian exchanges. However, a fee of $0 + $0.99 per contract applies for options trading, while other fees may apply when you trade other asset types.

How much are Moomoo trading fees?

Moomoo allows you to invest in Canadian stocks for $1.49/stock and ETFs for USD$0.99/stock. There are also some fees around US stocks and ETFs: USD$0.99/stock (min. US$1.99 per trade).

Are commission-free stock trading platforms safe?

Yes, provided that you choose a platform that is regulated by the Canadian Investment Regulatory Organization (CIRO) and provides insurance coverage under the Canadian Investor Protection Fund (CIPF). All of the trading platforms we've listed follow regulatory requirements. However, you'll need to make sure you're aware of the risks involved with trading stocks before you invest any money.