Stock trading platforms

Compare the leading stock trading platforms for Canadians.

By   |   Updated 1st October 2021

Comparing stock trading platforms

Wealthsimple Trade

Brokerage Fee

$0.00

Tradable Assets

Cryptocurrencies, ETFs, Stocks

Tradable Indices

NASDAQ, NYSE, TSX

Signup Bonus

Get a free stock when you open and fund your account. Terms and Conditions apply.

Highlights

  • Commission-free stock trading. Wealthsimple invests your money across the entire stock market using Exchange Traded Funds (ETFs).
  • Manage your accounts from anywhere with an award-winning website and mobile app.
  • Get on track with a Wealthsimple Portfolio Review.
Questrade

Brokerage Fee

$0.01

Tradable Assets

Bonds, CFDs, ETFs, FOREX, Metals, Mutual Funds, Options, Stocks

Tradable Indices

TSX + 14 global markets including Hong Kong, London and Australian markets

Signup Bonus

None

Highlights

  • Low commissions.
  • Fewer fees and transparent pricing.
  • Regulated by IIROC AND CIPF.
Qtrade Investor

Brokerage Fee

$8.75

Tradable Assets

ETFs, Equities, Exchange-traded debentures, Fixed income, Mutual Funds, Options,

Tradable Indices

NASDAQ, NYSE, TSX

Signup Bonus

None

Highlights

  • Low trading commissions, easy-to-use platforms and wide selection of investment options.
  • Get clear and competitive pricing.
  • Exceptional client service.
Scotia iTrade

Brokerage Fee

$4.99

Tradable Assets

Bonds, Equities, ETFs, GICs, New Issues, Mutual Funds, Options

Tradable Indices

NASDAQ, NYSE, TSX

Signup Bonus

None

Highlights

  • Experience trading with one of the lowest commission structures in the industry.
  • Manage your investments from your computer or mobile device.
  • Analyst resources, technical analysis, and investing ideas are available at your fingertips to empower you to direct invest.
Interactive Brokers

Brokerage Fee

$0.00

Tradable Assets

Bonds, ETFs, Futures, Hedge Funds, Mutual Funds, Options, Shares, Spot currencies, US spot gold

Tradable Indices

ASX, KSE, LSE, NASDAQ, NYSE, TSE, XETRA and more

Signup Bonus

None

Highlights

  • Offers low trading and financing costs.
  • Invest globally in stocks, options, futures, currencies, bonds and funds from a single integrated account.
  • Get ahead with Interactive Brokers' trading platforms, tools, order types and comprehensive reporting.
TD Direct Investing

TD Direct Investing

Brokerage Fee

$9.99

Tradable Assets

Bonds, ETFs, Fixed Income, FOREX, Futures, Mutual Funds, Options, Stocks

Tradable Indices

NASDAQ, NYSE, TSX

Signup Bonus

None

Highlights

  • Buy and sell investments from markets across North America (in Canadian or U.S. dollars).
  • Whether your goals are long-term, like planning for retirement, or short-term, like capitalizing on market movements, TD has an account for you.
  • Invest in stocks, options, mutual funds, ETFs and fixed income.
CIBC Investor's Edge

CIBC Investor's Edge

Brokerage Fee

$6.95

Tradable Assets

ETFs, Fixed Income, GICs, Mutual Funds, Options, Precious metals, Stocks

Tradable Indices

NASDAQ, NYSE, TSX

Signup Bonus

None

Highlights

  • Pay a flat fee of only 6.95 per online equity trade, with no minimums.
  • Invest in stocks, ETFs, options, mutual funds, GICs, fixed income and precious metals.
  • Trade confidently with industry-leading research at your fingertips.
BMO InvestorLine

BMO InvestorLine

Brokerage Fee

$9.95

Tradable Assets

Bonds, ETFs, GICs, Mutual Funds, Options, Stocks

Tradable Indices

NASDAQ, NYSE, TSX

Signup Bonus

None

Highlights

  • $9.95 flat-fee trading.
  • Access a select group of Canada’s most popular commission-free ETFs.
  • Performance-tracking, research and tools to help you trade smarter.