Blue Glass Archive Resources Top Investment Platforms Canada

Top Investment Platforms Canada

Top Investment Platforms Canada have low trading fees, extensive education and research resources, easy to use platforms, and robust mobile apps. They also have great customer service and offer a variety of account types including RRSPs, TFSAs, FHSAs, cash and margin accounts. Many also are members of the Investment Industry Regulatory Organization of Canada and Canadian Investor Protection Fund, so your money is protected in case of the worst scenario.

Questrade earned the top spot in the 2024 mobile-based brokerage experience review conducted by Surviscor, edging out BMO InvestorLine who took second place and TD Direct Investing who ranked third. Qtrade is a great option for new investors who prioritize cost-effective trades and advanced investing tools and features. Its user-friendly platform, educational resources and cutting-edge research make it a great choice for those who are serious about their investment strategy. Its high-level market data and charting tools are especially useful for technical traders.

Top Investment Platforms in Canada: Features & Benefits

CIBC Investor’s Edge is another excellent online investment broker in Canada. Formerly known as CIBC Virtual Broker, it offers an affordable pricing structure for self-directed investors and provides extensive educational resources. Its seamless integration with CIBC banking services and a range of account types including RRSPs, FHSAs and TFSAs provide added convenience for CIBC customers.

National Bank Direct Brokerage (NBDB) made a splash in 2021 when they became the first of the Big Six Canadian banks to allow commission-free trades for all their ETFs. This makes them a great choice for National Bank customers who want to keep their banking and investing services under the same roof. However, higher trading fees and limited tools for advanced active traders prevents them from claiming the top spot.

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