Stock Broker List For Canada in 2021
Stock trading in Canada has gotten increasingly more popular. With this huge increase in popularity there is a growing need for stock brokers in Canada. More stock brokers equals more competition which usually results in better cheaper services for traders.
Our stock broker list for Canada includes details on each broker such as: Broker name, Fees per trade, Tradeable assets, Trading platforms, Min deposit and the Available exchanges.
No other stock broker list compares with ours. Many other list are just filled with fluff and “information overload”. Our list is clean, simple and show the details that matter to traders, A – Z.
About This Page:
- Canadian Stock Broker List
- Lowest Cost Stock Broker List
- Mobile app Stock brokers
- Stock broker for beginners
- Best Stock broker for professionals
Related Topics:
Canadian Stock Broker List
| Broker name | BMO InvestorLine |
| Fees per stock trade | $9.95 |
| Tradeable assets | Stocks, Options, ETFs, Mutual Funds, GICs, Bonds |
| Trading platforms | Web trader, Mobile trader app |
| Min deposit | $0.00 |
| Available exchanges | TSX, TSXV, NYSE, NASDAQ, ME, OPRA |
| Broker name | CIBC Investor’s Edge |
| Fees per stock trade | $6.95 |
| Tradeable assets | Stocks, Options, ETFs, Mutual funds, GICs, Fixed income, Precious metals |
| Trading platforms | CIBC mobile wealth app, Web trader |
| Min deposit | $0.00 |
| Available exchanges | TSX, TSXV, NYSE, NASDAQ, ME |
| Broker name | Interactive Brokers |
| Fees per stock trade | $1.00 and a maximum of 0.5% of trade value |
| Tradeable assets | Stocks, Options, Futures, Spot currencies, Metals, Bonds, ETFs, Mutual funds, EFPs, Hedge funds, Robo portfolios |
| Trading platforms | Web-based client portal, Trader workstation, IBKR mobile, IBKR API |
| Min deposit | $0.00 |
| Available exchanges | NYSE, CHX,LTSE, NASDAQ, NEO, TSX, TSXV, CSE, Mexican Stock Exchange and more. |
| Broker name | Questrade |
| Fees per stock trade | $4.95 – $9.95 |
| Tradeable assets | Forex, CFD’s, Stocks, Options, Mutual Funds, Bonds, Precious Metals, ETFs |
| Trading platforms | Questrade IQ Edge, Web-based, Mobile app(IOS/Andriod), Questrade Global |
| Min deposit | $1000.00 |
| Available exchanges | TSX, TSXV, NYSE, MX, PINX, BATS, NASDAQ and CNSX |
| Broker name | Qtrade Investor |
| Fees per stock trade | $8.75 |
| Tradeable assets | Stocks, ETFs, Mutual Funds, Bonds, Options, GICs |
| Trading platforms | Mobile app, Webtrader |
| Min deposit | $0.00 |
| Available exchanges | TSX, TSXV, CSE, NEO, NYSE, OTC |
| Broker name | Royal Bank Direct Investing |
| Fees per stock trade | $9.95 |
| Tradeable assets | Stocks, Options, Mutual Funds, Fixed Income, ETFs |
| Trading platforms | RBC Mobile app, Online Web Trader |
| Min deposit | $0.00 |
| Available exchanges | NEO, ME, CSE, NASDAQ, NYSE, OPRA, OTC, TSX, TSXV |
| Broker name | Scotia iTRADE |
| Fees per stock trade | $9.99 |
| Tradeable assets | Stocks, ETFs, Mutual funds, Options, Bonds, IPOs, GICs |
| Trading platforms | Web-based trader, Mobile app |
| Min deposit | $0.00 |
| Available exchanges | Major North American exchanges |
| Broker name | TD Direct Investing |
| Fees per stock trade | $9.99 |
| Tradeable assets | Stocks, Options, Mutual Funds, Fixed Income, ETFs |
| Trading platforms | WebBroker, Advanced Dashboard, TD mobile app, Thinkorswim |
| Min deposit | $0.00 |
| Available exchanges | TSX, TSXV, NYSE, NASDAQ, OPRA, MX |
| Broker name | Virtual Brokers |
| Fees per stock trade | $1.99 – $7.99 |
| Tradeable assets | Stocks, Options, Mutual Funds, Bonds, GICs |
| Trading platforms | Web based, Mobile app, Powertrader Pro, Realtick EMS, ITS Traderlite, IRESS |
| Min deposit | $0.00 |
| Available exchanges | All major North American markets |
Broker name | Wealthsimple |
| Fees per stock trade | $0.00 |
| Tradeable assets | Common stocks and ETFs |
| Trading platforms | IOS & Andriod App |
| Min deposit | $0.00 |
| Available exchanges | TSX, TSXV, NASDAQ |
Lowest Cost Stock Broker List
Here are brokers with the lowest fees/commissions charged for stock trades.
| Stock Broker | Stock Commission |
| Wealthsimple | $0.00 |
| CIBC Investor’s Edge | $6.95 |
| Interactive Brokers | $1.00 and a maximum of 0.5% of trade value |
| Virtual Brokers | $7.99 |
| Qtrade Investor | $8.75 |
Mobile App Stock Brokers
Every Canadian stock broker on our list feature a Mobile app were the trader can trade from their tablet or mobile phone.
Stock Broker for Beginners
While Trading stocks should never be for uneducated beginners the broker we recommend for beginners is Wealthsimple. Anyone can get started with no upfront costs and trading is commission free. Their mobile trading is tailored to beginners and is simple to use. Also, signing up cannot get anymore simpler and straightforward then with Wealthsimple.
Best Stock Broker for Professionals
The best stock broker for Canadians who are professional traders is Interactive brokers. IBKR which is short for Interactive brokers is a platform best suited for professional traders looking for access to worldwide markets. With IBKR you can trade in 135 different markets with multiply different currencies 24 hours a day 6 days a week.
Their desktop trading platform named Trader Workstation is an advanced trading platform with next level charting, platform features and analysis.
Here are our picks for the best broker for professionals:
| Rank | Broker |
| 1 | Interactive Brokers |
| 2 | Virtual Brokers |
| 3 | Questrade |
A portion of the Sign up links to brokers websites are affiliate links. We may receive a commission with no charge to you. This enables us to keep creating helpful trading content for our readers for free.
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