Best Investment Platforms in Canada

Best investment platforms in Canada platform is critical for anyone who’s looking to start investing. Whether you’re an expert investor or a total newbie, there are plenty of options out there that can help you grow your money and learn along the way. To make your decision easier, we’ve rounded up the best investment platforms in Canada.

Qtrade Direct Investing is a top-tier Canadian investment app designed to empower beginner and seasoned investors alike. It offers a wide variety of account types, including TFSAs, RRSPs, and FHSAs, and it provides extensive research tools. Plus, young investors get reduced trading commissions and high-volume traders get elite perks.

Scotia iTRADE is the online brokerage of Scotiabank and offers a full range of investment products, including equities, ETFs, mutual funds, GICs, options, TD Direct Investing Account FHSAs, and IPOs. The broker charges $9.95 per stock and ETF trade, while options trades cost $9.95 plus $1.25 per contract. It also offers free real-time level 2 quotes for TSX securities and offers a fee-free ETF portfolio and a TD Bank Mastercard credit card.

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CIBC Investor’s Edge is a top option for both seasoned and novice investors thanks to its competitive pricing and unique offer of free trading for people under 25. It also has a robust offering of investments, from equities and bonds to ETFs and mutual funds, and it has one of the most straightforward online platforms for trading stocks in Canada. In addition, it offers a competitive rate for currency conversions, which is a big selling point for international traders.