Best App to Invest in Stocks in Canada
ResourcesBest app to invest in stocks in canada have made it easier to invest money into financial products like stocks and ETFs. Some investment apps allow complete user autonomy, while others are more passive options that use robo advisors to automate the investing process. Whether or not a stock trading app is right for you will depend on your personal priorities and investing style. We’ve reviewed a few of the best options available in Canada below.
Some of the more popular Canadian investment apps include Questrade, TD Direct Investing, and Wealthsimple. Each of these apps offers competitive fees, a good variety of tradable investments, and excellent customer service. They also offer a number of other features like two-factor authentication, advanced research tools, real-time news updates, and an investor center that provides market commentary and analysis.
Best App to Invest in Stocks in Canada: Top Picks for 2024
In terms of cost, most Canadian investment apps charge a flat fee per trade. This is typically between $4.95 (Questrade) and $10 (TD). Some apps also charge a monthly fee for their services (Moka, for example). Some investors prefer to avoid paying any additional charges and opt for a free investment app.
One option for this is Fusion Markets, a Canadian brokerage that allows investors to trade in a range of currencies. They also have a comprehensive platform that supports powerful tools like WebBroker and thinkorswim for in-depth market analysis. They also have an integrated account with TD Bank, making it easy to manage your investments alongside your other accounts.