6 best stock trading platforms and apps in Canada for 2025

We've analyzed the features and fees of major stock trading apps and platforms so you can find the best one for your needs.

The best stock trading platforms are easy to use, have low or no fees and offer all the features you need to trade confidently. To help you compare options and find the best platform for your needs, we found the 6 best stock trading platforms and apps in Canada.

Our top picks for stock trading platforms

Best for Beginners

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Easy to use app
  • 100 free trades signup offer
  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Best Overall

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Low margin rates
  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Low Fees

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CA & US trading
  • 6% cash rebate plus $2,200 in trading perks
  • Low transaction fees
  • Easy-to-use app

1. CIBC Investor’s Edge

CIBC Investor's Edge

7.6 Great

Get 100 free trades when you open a CIBC Investor’s Edge account using promo code EDGE2425. Plus, get $200 or more cash back. Valid until March 31, 2025.
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CIBC Investor's Edge is an online brokerage that lets you trade a variety of investment types online. Active traders, young investors and student can score some sweet trading discounts. The user-friendly platform provides a number of resources to help you get started, and there's no minimum deposit required.

2. Interactive Brokers

Interactive Brokers

8.8 Great

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Interactive Brokers offers access to 155 exchanges globally and 77 different order types—far more than other platform we looked at. The more you trade, the cheaper your fees, and its margin trading interest rates are pretty competitive for the Canadian market. New investors might be daunted by the platform's extensive suite of analytical and educational tools, but it's worth it for those willing to deep dive into investments.

3. Moomoo

Moomoo Financial Canada

7.4 Great

Enjoy 6% cash rebate plus $2,200 in trading perks
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Moomoo is a new-to-Canada trading platform that offers access to both US and Canadian stocks, options and ETFs, all from one platform. Enjoy low trading fees, no monthly account fee and personalized customer support. Plus, access advanced charting tools, real-time market data and many tools and resources. Note that you can't trade securities like mutual funds, bonds and futures with Moomoo.

4. RBC Direct Investing

RBC Direct Investing

7.9 Great

Get a $300 cash bonus and up to 500,000 Avion points when you open your first eligible RBC Direct Investing account. Plus, get 50 commission-free trades to use within one year of account opening. Conditions apply. Offer ends March 31, 2025
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Trade stocks, bonds, ETFs, mutual funds, GICs, IPO shares and more with RBC's robust online and mobile trading platforms. Not every platform offers a demo account for you to practice trading without using real money, but RBC Direct Investing does. Get real-time quotes for stocks and ETFs, and save on commissions when you make 150+ trades per quarter. View all your RBC banking and investment account balances on the same app.

5. Questrade

Questrade

8.8 Great

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Questrade is one of Canada's most well-known online discount brokerages. It offers multiple web platforms and mobile apps for beginner and advanced traders. Besides stocks and ETFs, you can buy and sell options, mutual funds, forex, GICs, IPOs and international equity derivatives. There's no annual fee and no commission for buying ETFs.

6. Qtrade Direct Investing

Qtrade Direct Investing

7.7 Great

Get 1% cashback or more, a $150 sign-up bonus & unlimited free trades until April 30th, 2025.
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What makes Qtrade Direct Investing stand out from the crowd is that there are no fees for trading over 100 Canadian ETFs. Plus, active traders and young investors get discounted fees. The platform also boasts access to a fairly wide range of investments and order types, and there's no minimum balance requirement. One downside is that you'll be charged a $25 quarterly account fee if you don't meet certain requirements.

Methodology: How we choose the best stock trading accounts

Finder’s investments experts reviewed 14+ brokers available on the market to narrow down the best brokerage accounts and stock trading apps for trading and investing.

We analyzed each platform based on 100+ key metrics we collected directly from brokers and assessed each provider’s performance based on eight different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then scored and ranked each provider depending on how it performed in each category.

See how we weigh the overall rating

Investment optionsTrading platforms & techTrading costsFeesCustomer supportMobile app rating & securityFeatures & amenitiesAccount types & minimums
20%
20%
20%
15%
10%
5%
5%
5%

We update our best picks as products change, disappear or emerge in the market. We also regularly review and revise our selections to ensure our best provider lists reflect the most competitive available.

How to choose the best stock trading app

The best trading app for you might not be the same for someone else. Whether you’re a beginner or an experienced investor, you have your own unique requirements for a trading app. That’s why it’s important to consider the following factors when comparing your options.

Brokerage fees

Some brokers don’t charge any commissions on Canadian stock and ETF trades, while others charge a flat fee that’s typically $5–$10 per trade. Still others charge a fee based on the number of stocks you buy, for example $0.01 per share.

Other fees

There are a few other fees that may apply, such as:

  • Subscription fees to access features like market news, real-time data and expert analysis
  • Inactivity fees if you don’t make any trades for a specified period of time
  • Minimum balance fees if your account balance is less than a specified minimum
  • Currency conversion fees if you trade on foreign markets

Ease of use

The best stock trading apps are easy to use right from the moment you sign up. A user-friendly interface is particularly important if you’re a novice investor, so search for an app that’s simple and intuitive. Reading user reviews is a great way to work out if an app is well designed.

Market access

Do you only want to trade Canadian stocks and ETFs, or do you want to invest in US, European, Asian and emerging markets? If you want to trade international stocks, be aware that not all brokers provide access to foreign stock exchanges. Check the list of exchanges you can access and what fees apply for overseas trading.

Tradable assets

Check which securities you can trade from each broker’s app, such as:

  • Stocks
  • ETFs
  • Options
  • Bonds
  • Futures
  • Mutual funds
  • Forex
  • Cryptocurrencies

Research and analysis

Find out what sort of research and analysis you can access through the app. For example, you may be able to access in-depth market analysis from the broker’s in-house team or a third-party service plus be kept up to date with the latest market news.

Minimum investment amount

Check if the broker has a minimum account balance requirement. Some providers don’t have any minimum limits, but others will charge a monthly fee if your balance is less than a specified amount.

Customer support

If you ever have a problem with a trade or a question about your account, how can you get in touch with your broker’s customer support team? Check the contact methods available and the hours during which the support team is available. An online help center with answers to a range of FAQs is also a useful resource.

Other features

Put together a list of any other key features you want in a trading app, such as:

  • Advanced charting tools and technical indicators
  • Stock screeners that let you narrow down potential investments
  • Automated investing with a robo-advisor
  • Social trading that allows you to see and copy other people’s trades
  • Educational resources to help you learn about trading and how to use the app’s features

Other platforms

If you’ll also be placing trades through your broker’s web-based or desktop platform, check if those platforms are user-friendly and offer all the key features you need. If there’s a free demo account, use it to put a platform through its paces with virtual, rather than real, money.

Is it regulated?

Make sure you only consider brokers that are regulated by the Canadian Investment Regulatory Organization (CIRO), and that the funds you deposit will be covered under the Canadian Investor Protection Fund (CIPF).

All of our picks for the best trading app are members of CIRO and CIPF, meaning if a platform goes under, your money will be protected up to specified amounts. Some providers also offer two-factor authentication and high-level data encryption to keep your account safe.

User reviews

Head to your phone’s app store and read reviews from other users. You can also explore customer feedback on sites like the Better Business Bureau and Reddit to find out what investors really think about the platform and what issues they run into. Are they happy with the app? Are there any major problems repeatedly mentioned in reviews? Is there a common theme about how the app could be improved?

What are the pros and cons of stock trading apps?

Before you download a stock trading app and sign up for an account, make sure you’re aware of the benefits and drawbacks of trading through an app:

Pros

  • User-friendly. The best stock trading apps in Canada provide a streamlined user experience, making it simple to start building your investment portfolio.
  • Convenient. Stock trading apps make Canadian and global markets more accessible than ever before. You can buy and sell stocks with just a few taps, and make adjustments to your portfolio on the go.
  • Feature-packed. The best stock trading apps let you do more than just buy and sell stocks. They make it easy to track the performance of your portfolio, stay up to date with the latest market news and research potential investment opportunities.
  • Low minimum investment. With many brokers supporting fractional share trading, you don’t necessarily need a big savings balance to start trading.

Cons

  • You need to understand the risks involved. The best stock trading apps make it quick and easy to invest in the stock market, so don’t fall into the trap of buying and selling on impulse. Research any potential investment carefully and understand the risks involved before you trade.
  • Lack of advanced features. If you’re an experienced investor searching for advanced charting and technical analysis tools, you may prefer a desktop or web-based platform.
  • Limited choice on some apps. Some trading apps only provide access to a limited range of tradable assets.

Bottom line

There are many things to consider when choosing a stock trading platform or app to buy and sell stocks and other securities. The right trading platform for you will match your needs, so if on-the-go trading is your number one concern, you’ll probably end up choosing a different app than someone who’s focused on commodity trading.

The key thing to remember is to do your research and compare a range of trading platforms first.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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