{"id":973455,"date":"2022-02-04T13:04:16","date_gmt":"2022-02-04T18:04:16","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=973455"},"modified":"2026-01-07T05:56:10","modified_gmt":"2026-01-07T10:56:10","slug":"td-easytrade-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/stock-trading\/td-easytrade-review","title":{"rendered":"TD Easy Trade review"},"content":{"rendered":"

TD Easy Trade\u2019s features<\/h3>
Fees<\/td>Offers no account maintenance fees and 100 commission-free trades per year.<\/td><\/tr>
Available securities<\/td>Can only trade stocks, TD ETFs and ADRs. Can\u2019t trade mutual funds, GICs, options or non-TD ETFs.<\/td><\/tr>
Customer support<\/td>Get help in person at a local branch or by phone 5 days\/week. No live chat.<\/td><\/tr>
Mobile app<\/td>Most users give the mobile app medium to high ratings. The interface is fairly straightforward.<\/td><\/tr>
Research and tools<\/td>Research tools are simplified and limited. Provides real-time quotes.<\/td><\/tr>
Reliability<\/td>No major outages have been reported, but many users report bugs and errors.<\/td><\/tr><\/tbody><\/table>

TD Easy Trade is best for beginners<\/h3>TD Easy Trade is good for self-directed investors who want a non-overwhelming introduction to buying and selling stocks. It\u2019s easy to transfer funds between existing TD accounts and your TD Easy Trade account. Make trades and view your investments online or via mobile app.

What you can trade on TD Easy Trade<\/h4>
  • Stocks<\/strong><\/li>
  • TD exchange-traded funds (ETFs)<\/strong><\/li>
  • American depositary receipts (ADRs)<\/strong><\/li><\/ul><\/div><\/article>

    Where TD Easy Trade shines<\/h3>

    With TD Easy Trade, you can trade thousands of stocks listed on Canadian and US exchanges plus dozens of ETFs designed by investment experts at TD. Add international companies to your portfolio by investing in ADRs, which are stocks of non-US companies held by US depository banks.<\/p>

    <\/div>

    The platform is welcoming to newcomers, offering no account maintenance fees, a $0 minimum balance requirement and 100 commission-free trades per year.<\/p>

    Where TD Easy Trade falls short<\/h3>TD Easy Trade isn\u2019t suitable for advanced investors who want extensive research tools and access to many types of securities. You can only open Tax-Free Savings Accounts (TFSAs), registered retirement savings plans (RRSPs) and cash accounts.
    <\/div>

    This means you can\u2019t open RESPs, RIFs, LIRAs, LIFs, RDSPs or margin accounts (which let you trade with borrowed funds). Additionally, you can\u2019t trade non-TD ETFs, mutual funds, options, bonds, GICs or fractional shares.<\/p>

    TD Easy Trade fees<\/h3>
    Minimum deposit<\/td>$0<\/td><\/tr>
    Monthly fee<\/td>$0<\/td><\/tr>
    Stock trade fees<\/td>$0 for the first 100 trades annually (then $9.99 each)<\/td><\/tr>
    ETF trade fees<\/td>Free (included in the 100 free trades per month)<\/td><\/tr>
    Domestic wire payments<\/td>Wire out:
    • Up to $10,000: $30<\/li>
    • $10,000 \u2013 $50,000: $50<\/li>
    • Over $50,000: $80<\/li><\/ul>

      Wire in: $17.50<\/p><\/td><\/tr>

    Account transfer fee<\/td>$150<\/td><\/tr><\/tbody><\/table>

    Is TD Easy Trade legit?<\/h3>TD Easy Trade is backed by one of Canada\u2019s biggest banks and is regulated by the Investment Industry Regulatory Organization of Canada (IIROC). Customer accounts are protected by the Canadian Investor Protection Fund (CIPF), so balances are protected up to $1 million if TD goes bankrupt.

    TD Easy Trade is easy to use<\/h3>

    It\u2019s very easy to use TD Easy Trade since it\u2019s designed to teach you how to invest. This means that you\u2019ll learn how to navigate the mobile app, execute trades and set your risk balance all in a single place.<\/p>

    All you need to do is download the TD Easy Trade app and sign up for an account to get started. From there, you can load funds into your account, make investments, learn more about the \u201chow to\u201d of investing and set goals to track your progress.<\/p>

    TD Easy Trade\u2019s app<\/h4>

    With the TD Easy Trade mobile app, you can buy and sell stocks and ETFs. Get real-time market data and track securities on up to 10 watchlists.<\/p>

    \"TD<\/p>

    TD Easy Trade\u2019s desktop tools<\/h4>TD Easy Trade focuses on teaching you how to trade, but it doesn\u2019t offer many research tools and those that are available aren\u2019t complex. But you can take advantage of in-app videos, live master classes and webinars designed to teach you how to buy and sell investments. Set and track goals, and find investments that match your strategies.

    TD Easy Trade\u2019s app store reviews<\/h3><\/thead>
    Google Play app reviews<\/strong><\/td>4.1\/5 stars based on 1K ratings<\/td><\/tr>
    Apple App Store app reviews<\/strong><\/td>4.3\/5 stars based on 4.6K ratings<\/td><\/tr>
    Reviews last verified on:<\/strong><\/td>April 10, 2025<\/td><\/tr><\/tbody><\/table>
    <\/div>

    TD Easy Trade\u2019s customer support<\/h3>TD Easy Trade customer service can be contacted by phone 5 days a week. You can also visit a TD branch in person to speak to a representative if you want help with your account. Unfortunately, there\u2019s no live chat or email option.

    How to open an account with TD Easy Trade<\/h3>
    1. Start an online application on TD\u2019s website. Existing clients can apply by logging into TD EasyWeb<\/li>
    2. Use the online application to provide personal details like your name, contact info, a copy of government-issued ID and the account type you want.<\/li>
    3. Review and submit your application.<\/li>
    4. Load funds into your account to start trading.<\/li><\/ol>

      Eligibility and required information<\/h4>
      • Canadian resident<\/li>
      • Be at least the age of majority in your province or territory (18 or 19 years old)<\/li>
      • Valid government-issued ID<\/li>
      • Social Insurance Number (SIN)<\/li><\/ul><\/div>
        • TD account to fund your investment account, or you can transfer funds from a non-TD account via bill payment.<\/li>
        • Note: must have a smartphone to receive texts for multifactor authentication<\/li><\/ul><\/div><\/div>
          <\/div>

          <\/p>

          How safe is TD Easy Trade?<\/h3>TD Easy Trade has a number of industry-standard measures in place to protect customers\u2019 money and data. This includes:
          <\/div>
          • Data encryption<\/li>
          • 2-step verification<\/li><\/ul><\/div>
            • 24\/7 platform monitoring to identify unusual activity<\/li>
            • Firewalls<\/li><\/ul><\/div><\/div>
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