the 8 best stock trading apps canada
If you’re looking for the best stock trading app canada, we’re here to help. We tested over 100 different apps and found some of the best options on the market today.
The best stock trading apps canada:
Stock trading apps are a great way to get your hands dirty and learn about investing. They're also a great alternative if you don't have the time or energy to follow the news in real-time, but still want to trade stocks on the go.
If you've never tried using an app before, here's what we recommend:
1. Webull - Best Stock Trading App in Canada.
If you're new to stock trading, Webull is a great choice. It has an easy-to-understand interface and no minimum deposit, trading fees or inactivity fees.
With Webull you don't need to worry about account minimums either as there aren't any!
Webull is one of the only online trading sites that doesn't charge any fees for its services. This includes no commission fees, no inactivity fees, and no minimum deposit. What's more is that they have a $0 account minimum and they don't even require you to input a credit card number when signing up!
2. Robinhood - Best Free Trading App in Canada.
Robinhood, one of the best free trading apps in Canada, is a great choice for beginners. The app does not charge any commissions or account minimums and has no inactivity fees or minimum deposit requirements.
It also boasts financial responsibility and security as its selling points—for example, it has helped customers protect themselves against hacks by implementing two-factor authentication on all its accounts (you can read more about this here).
3. TD Ameritrade/Thinkorswim - Best Stock Trading App for Beginners in Canada.
TD Ameritrade is the best stock trading app for beginners in Canada. The company has a great mobile app and a good website, which makes it easy to use for beginners.
TD Ameritrade also has an excellent customer service team that can help you through any issues or questions you have about your account. Their website provides plenty of information about investing, including how to read the news and what markets are currently trending so that you know where to invest your money before deciding whether or not something is good investment opportunity for yourself!
4. Charles Schwab - Best Stock Trading App for Customer Support in Canada.
Charles Schwab is one of the most well-known stock trading apps in the US, but it is also available in Canada.
Charles Schwab has a great reputation for customer service, so if you have any questions or problems with your account they will be able to help you quickly.
The Schwab app is very easy to use, and the website has a lot of information about investing if you want more than just stock trading. If you are just interested in trading stocks and don’t need any help deciding which ones, then this app may be all you need.
5. eToro - Best Social Media Stock Trading App in Canada.
eToro is the world's largest social trading platform, with over 10 million users and more than $2 billion in assets under management. eToro has a great app that is easy to use, even for beginners. The mobile app allows you to view your portfolio from anywhere with an internet connection, as well as track news about stocks and other financial markets.
eToro offers two types of user accounts: Basic and Plus ($9/month). The basic account lets you create one online portfolio where you can trade stocks or ETFs (exchange traded funds). You can also add margin loans on top of this account so you can invest more if desired. If desired by your needs then upgrade into Plus which gives access to additional features such as market news alerts & charts as well as advanced order types like stop losses etc…
6. Merrill Edge - Best Stock Trading App for Pre-Market Trading Hours in Canada.
Merrill Edge is one of the best stock trading apps in Canada. It has a great interface, and it is easy to use. The customer service team at Merrill Edge is excellent, so if you have any questions or issues with the app, they will be able to help you quickly.
Merrill Edge has many research tools available for free through their mobile app or desktop web browser:
Stock screener - This tool allows users to search for stocks based on different factors such as price volatility and historical returns
Research Center - Here you can get access to technical analysis charts that cover several time frames (short term, medium term) so that you can see how a stock's performance correlates with other stocks within its industry segment over time.
7. Fidelity - Best Stock Trading App for Research Tools in Canada.
Fidelity is a leading provider of investment management, retirement services and financial planning products. Fidelity provides online trading services to investors in Canada through its subsidiary CitiFinancial Inc., which provides brokerage services through its website and mobile apps.
The company's best stock trading app for research tools in Canada includes:
Free Research Tools: The company has a wide selection of free research tools such as stock ticker feeds from Yahoo Finance, MarketWatch and Google Finance that are updated every five minutes; historical charts with information about the companies' performance over time; financial ratios (EBITDA/Net Income); P/E ratio analysis using common metrics like price-earnings ratio or forward P/E ratio (which measures how expensive you think a share will be if it were traded today); dividend yield analysis based on current payout rate, estimated payment date and percentage change since last dividend was paid out.
8. SoFi Active Investing - Best Stock Trading App for Accidental Investors in Canada.
- SoFi Active Investing is a great app for investors who want to get started with investing, but don't have a lot of money to invest. It's free, so you'll never pay a cent in fees.
- The app has the same features as other stock trading apps like Robinhood and E*TRADE: it lets you buy and sell shares directly from your phone in real time. You can also monitor your portfolio over time and make changes if necessary—it doesn't require any kind of account minimums or required investments; all you need is $5 worth of bitcoin or ether (the currency used on most blockchain networks).
- SoFi Active Investing may seem like just another way for millennials (and their parents) to make some extra cash on their phones while they're bored at work or hanging out after school—but it also has its advantages over traditional brokerage firms because it doesn't charge commissions when buying or selling stocks!
Conclusion.
In the end, it all comes down to your personal preference. There are so many options out there that it can be hard to choose one without knowing more about what they offer. With that said, we hope you found this list helpful in choosing the best stock trading app for Canadians!