Best Stock Trading Platform in Canada (2024)

This is a full breakdown of the best stock trading platforms in Canada (with pros and cons for each).

QUESTRADE (Get $50 bonus when you open a new account):

#canadainvesting #canadastocks #canadastockbrokerage
------------------------------------------------------------------
Disclaimer & Notice: All videos on the channel are for entertainment purposes only. I am not a certified financial advisor. Always conduct your own research before making investment decisions. Occasionally, affiliate links will be left in the description box and/or comment section of my videos. I may derive monetary benefits as a result of viewers' engagement with these affiliate links. The channel name, logo mark, and content are copyrighted.

None of the information contained herein constitutes a recommendation, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment products/ services before making investment decisions. Risk disclosure statements can be found on the Interactive Brokers website.

Influencer is a customer of Interactive Brokers. Interactive Brokers and Influencer have entered into a cost-per-click agreement under which Interactive pays Influencer a fee for each click-through of the Interactive Brokers URL posted herein.

[derekjohnson]

Love that you lead with the conclusion. You just saved me 14 min of my life. Thank you good sir. Like, subscribe, move on.

[bcecil]

Thanks for saving my time. I would say do a refresh video every 6 months as you are already in it, and things keep changing.

[thinkpassiv]

You forgot to review National Bank Direct Investing which offers FREE to buy/sell stocks and ETFs.

[jayngo]

I’m looking to buy options in Canada which one should I do man ?? I have under $1000

[wds]

Wealthsimple is kinda terrible if you wana do USD. I dont know who came out with the idea that we should keep everything CAD so the cx can get smack down with conversion fees none stop.

Crypto fees are also insane.

[FrankDavalos]

I would love to see you do a video about the pros and cons and reasons why Canadians would want to have exposure to the USD market and why Questrade is the best option for that? Obviously access to US markets is a good thing, but are there tax advantages? And I don’t fully understand currency hedging, so more info would be awesome! Had to sub to your channel, very insightful. Thanks!

[mateoharmiss]

What's the best platform to Buy/Hold, USD and international stocks ?

Thank you

[Shirley-vg]

Thank you for your coverage - I’ve been with investors edge going on 6 yrs - seamless - and easy to learn… as well as good guidance… 😊

[Patrickwil]

I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.

[jenniferc.]

Wealthsimple seems like the best option for me. Do they have RESP for children as well? 
As of now Im with RBC direct investing but its 10$ per month to use the platform + 10$ on each transactions which is quite a lot (reason im looking to change my accounts over). I do have US holdings as well but Im not looking to buy more as of now.
Thanks for all your videos! Super helpful!

[nasimseyedpour]

Thank you for your educational videos🎉

[samson]

Quest trade seems very expensive for options

[mehdinoorie]

Thank you for your content. What do you think about RBC investing account

[jabiralibalwa]

Which account qualify for IPO buy and sell and frequent trades

[markkennedy]

Very helpful video. I'm a Canadian living overseas, which I know disqualifies me from using some trading platforms (you mentioned Wealthsimple). Do I have to prove that I live in Canada, and if so, how rigourous are they with checking that? Do they monitor the IP address of where the trade is coming from? I live overseas, but would love to be able to use Wealthsimple if I could. Any ideas?

[Canadianforestfairy]

New sub question: which is best for futures day trading in canada? I heard Ninja trade is coming here

[waywaybeyond]

You're obviously getting kickbacks....not even mentioning National Bank zero commissions on all stocks/etfs/indexes listed

[exrayZap-rygh]

When using these Brokers do you HAVE to send money in CAD and then they convert to USD which COSTS OR do canadian Banks allow you to send money in USD if you already have USD at your bank.. ? thanks for the video it helps

[cook-music]

Any recommendations for more advanced charting and real time data?

[lakshaythakur]

thank you for all the information now my next question is that do we pay taxes on capital gains from stocks listed in USA if we buy them in TFSA