A trading platform connects individuals to the financial markets and makes it easier for them to build their investment portfolio. However, with so many options out there, finding the right one can be daunting, especially for beginners. To help you get started, we’ve rounded up the best trading platforms in canada for both beginner and seasoned traders, based on user-friendly interfaces, robust research tools, competitive fees and more.
TD Direct Investing is an online brokerage from one of the largest banks in the country and offers a large range of assets along with competitive trading fees and a variety of account types, including RRSP and TFSA accounts. It’s a great option for those looking to take their first steps in investing and is also known for its strong research reports and educational resources.
Scotiabank’s online brokerage, iTrade, is another bank-affiliated broker that is known for its robust research tools and user-friendly interface. However, it’s important to note that it has a lower range of assets and trading fees than some other brokers. View more
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RBC Direct Investing is another popular option among Canadians, offering an extensive range of assets and competitive trading fees. It’s a good option for investors who want to diversify their portfolio with equities and bonds, and it is also regulated by various government bodies.
If you’re looking for a mobile-friendly platform, Questrade might be the right fit for you. Their app is simple to use and offers a customizable dashboard and access to advanced market research. They also offer a range of registered and non-registered accounts, including RRSP and TFSAs. In addition, they have one of the lowest trading commissions in the country.