How to Start Day Trading in Canada 2025 📈 Best Canadian Brokers: Questrade, Qtrade, Wealthsimple

In this video tutorial, I'll share with you how to start day trading in Canada. I'll show you guys the best Canadian brokers and online platforms in 2025 including Questrade, Qtrade, Wealthsimple Trade, Interactive Brokers, TD Direct Investing, and CIBC Investor's Edge. Top 8 common mistakes Canadian day traders make and 6 tips to be a better day trader in 2025.

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⌚ TIMESTAMP
00:00 Day Trading in Canada
00:14 What Is Day Trading & How Does It Work?
00:31 Best Canadian Online Brokers & Trading Platforms
01:00 Questrade
01:34 Qtrade
02:00 Wealthsimple
02:27 Interactive Brokers
02:47 TD Direct Investing
03:20 CIBC Investor's Edge
03:38 Day trading strategies
03:52 News trading strategy
04:17 Trend trading strategy
04:42 Scalping trading strategy
05:09 Common Day Trading Mistakes
05:17 Being unrealistic
05:26 Not having a trading plan
05:40 Making big bets
05:52 Trading too much
06:08 Selling your winners too late or quick
06:25 Holding onto your losers
06:39 Trading hot stocks
06:59 Not managing risk properly
07:17 How To Be a Better Day Trader
07:30 Know and understand what you’re doing
07:48 Be disciplined
08:01 Be decisive
08:09 Have the money you can afford to lose
08:21 Don’t risk more than x% of your balance
08:37 Have a strategy
08:48 What’s Next?

If you have any questions make sure to comment below 👇🏻

#DayTrading #Questrade #WealthsimpleTrade #Qtrade #InteractiveBrokers #TD #DayTrader #DirectInvesting #CIBC #InvestorsEdge

[EarnestEWard]

Thanks for putting us on to Evan Dennis in one of your videos. I started with just $2, 500 a few months ago and now I’ve crossed $9K. Nothing crazy—just steady flips and clear signals. Honestly, I was tired of watching other people win while I stayed stuck. This was the switch I needed.

[FriedrichScott]

Hi, I want to start investing but don’t know where to begin. Any tips or contacts?

[eminentcasper]

I’ve been sitting on $109k in my emergency fund, feeling all responsible, but now I’m wondering if I should just YOLO into Bitcoin. Like, Wall Street’s hyped, but am I about to become the guy who buys the top? Someone give me a sign... or maybe I need to find a crypto guru first.

[BlakeGabriel-]

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

[sophienguyen]

Hi there, wealth simply takes 2 days in average to complete your transaction and the rate fluctuate, how can we do day trading here?

[FallingxFreaK]

I'm new to trading stocks but i did trade crypto in the past with platforms like bullx and photon but i don't really know anything about stocks... which platform is the best for day trading?

[jayngo]

I’m in Canada trying to trade options bro. Which one should I pick in 2024?

[navidmsj]

Hi Ali,
Thanks for the video.
A question:
Which one of these platforms is closer to meta trader?
I want to trade in low time frames, and thus I need to be able to set the stop loss, entry and TP.
In Meta trader you can do these just by dropping/dragging a line.

[yvryvryvr]

Questrade does not offer Cash Secured Put! Level 2 only offers Covered Put which is different from Cash Secured Put

[michellinembuyi]

Hey, im very new to trading but I want to buy a house in a few years and I want to get extra income. I have Wealthsimple, can you make a video on it?

[GLOK-ogyx]

What account should i open individual cash account or margin account for trading

[juancarlosriverafranco]

Hello good evening I want to know if there in Canada they work with broker deriv what are called synthetic indices thank you

[GVKick]

hey great video, im currently in Toronto trying to learn day trading would it be possible to hop on a call?

[sahilyadav]

Can I start day trading with 1000$
if yes, what are rules and limitations

[hackage]

Good Video man, but honestly you have 3 different videos here. I would recommend breaking it up next time. Here is what I mean:

1. This video you should really only talk about all the brokers and really go over some of the fees and explain the software ui works (pros/cons), the execution speeds of each platform, the commissions, etc...
2. 10 mistakes when day trading (this should be it's own video)
3. 6 tips to be come a more successful day trader (this should be it's own video)

This video is all over the place, and really wasn't what I was expecting. I thought you were going to dive a little deeper into each broker, but then the theme of the video kind of changed suddenly. Mistakes and tips are universal, you don't need to be in Canada to know those. I think a lot of Canadians are looking for a good video in order to really understand the differences between the brokers. Just a little for thought. Overall though you have good points, so keep up the good work!

[fhwllgy]

Your youtube channel is amazing bro, literally. Keep grinding and sharing useful information

[Chiragonly]

how can i trade xauusd in wealth simply

[JonSmith-nxh]

Thank for the content!!! All we need is the right advice on how to invest in crypto and we will be set for life, made $28k from trading crypto and stocks.✅

[Serve_one_another_with_love]

if i buy US stocks or etf in canadian currency ( around 1000cad) every month which platform is the best for me,
im looking for the cheapest currency conversion rate and zero transaction fee

[com]

Are y living in Canada? I need help for that