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HomeRetirementGreatest on-line brokers in Canada for 2023

Greatest on-line brokers in Canada for 2023


2023 comparability grid BMO InvestorLine CG Direct CIBC Investor’s Edge CI Direct Buying and selling Desjardins On-line Brokerage HSBC InvestDirect Laurentian Financial institution Low cost Brokerage Nationwide Financial institution Direct Brokerage Qtrade Direct Investing Questrade RBC Direct Investing Scotia iTRADE TD Direct Investing Wealthsimple Commerce Interactive Brokers Minimal greenback quantity to open an account ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✔
$1,000 ✘ ✘ ✘ ✘ ✘ Normal Inventory Buying and selling commissions for common traders $9.95 $9.99 $6.95 $0.01 per share (min. $1.99/max. $7.99) $0 $6.88 $9.95 $0 $8.75 $0.01 per share (min. $4.95/max. $9.95) $9.95 $9.99 $9.99 $0, not all shares and ETFs can be found $0.01 per share (max 0.5% of worth/min. $1) and U.S. $0.005 per share (min. $1/max. 1% of worth) ECN price on high of the common fee ✔ ✔ ✔ ✔
After-hours U.S. markets ✘ ✘ ✘ ✘ ✘ ✔ ✘ ✔
After-hours U.S. markets ✔ ✘ ✔ Fee charges for greater than 150 trades per quarter ✘ ✘ ✔
$4.95 ✔
$3.99 ✘ ✔
$4.88 ✘ ✘ ✔
$6.95 ✔
$0.01 per share (max. $6.95) ✔
$6.95 ✔
$4.99 ✔
$7 ✘ ✘ Fee charges for college kids or younger adults ✘ ✘ ✔
$0 beneath 25 with banking (or $5.95 college students older than 25) ✘ ✘ ✘ ✘ ✘ ✔
$7.75 (certified 18-30 traders) ✘ ✘ ✘ ✘ ✘ ✘ $0 fee ETFs ✔
80 ✘ ✘ ✔
all-buys solely ✔
all ✘ ✘ ✔
all ✔
100 excluding day buying and selling ✔
all-buys solely ✘ ✔
103 ✔
Solely ETFs with TD EasyTrade ✔
Restricted Not all obtainable ✔
Restricted, no clear listing Fundamental choices buying and selling commissions $9.95 + $1.25 per contract $1.00 per contract (min. $10) $6.95 + $1.25 per contract $7.99 + $1.25 per contract $1.25 per contract
(min. $8.75) $6.88 + $1.25 per contract $9.95 + $1.25 per contract $0 + $1.25 per contract
(min. $6.25) $8.75 + $1.25 per contract $9.95 + $1.25 per contract $9.95 + $1.25 per contract $9.99 + $1.25 per contract $9.99 + $1.25 per contract USD$2 per transaction/U.S. choices solely $1.25 per contract (min. $1.50) Annual charges for non-registered accounts ✔
$100 ✘ ✔
$100 ✔
$100 ✘ ✘ ✔
$120 ✔
$100 divided throughout all accounts ✔
$100 ✘ ✘ ✔
$100 ✘ ✘ ✘ Annual price for registered account ✔
$100 ✔
$125 ✔
$100 ✘ ✘ ✘ ✔
$100 ✔
$100 divided throughout all accounts ✔
$100 ✘ ✘ ✔
$100 ✘ ✘ ✘ Min. account dimension required to keep away from annual price $25,000 registered/ $15,000 non-registered ✘ $25,000 registered/$10,000 non-registered $5,000 throughout all accounts/no charges for shoppers 26 or youthful. $15,000 registered/$15,000 non-registered, or 125 accomplished trades per 12 months ✘ 2 accomplished trades in 6 months, or$15,000 non-registered, or $25,000 registered accounts $20,000 throughout all accounts, or youthful than 30, or enrolled skilled, or maintain InvestCube account $25,000 throughout all accounts, or younger investor, or $100 month-to-month $100 contribution, or minimal trades per thirty days ✘
$1,000 minimal account opening requirement $15,000 throughout all accounts, or 3 accomplished trades per quarter, or $300+ quarterly deposits and banking relationships Buyers < 26 years outdated
ORRegistered $25,000 or 12 accomplished trades per 12 months OR Non-Registered$10,000 or 1 accomplished commerce per quarter ✘ ✘ ✘ Inactivity price ✔
$25 per quarter ✔
$20 per thirty days ✘ ✔
$24.95 per quarter ✔
$30 per thirty days ✔
$25 per quarter ✘ ✘ ✘ ✘ ✘ ✔
$25 per quarter in non-registered accounts ✔
$25 per quarter ✘ ✔
$10 per thirty days minus USD commissions The way to keep away from inactivity price >$15,000 in account property,
or 2 executed trades over 6 months in non-registered accounts ✘ ✘ ✔
Place one $1.99 commerce per quarter, or be youthful than 26 ✔
>$15,000 in account property, or 6 executed trades over previous 12 months, or a registered account ✔
Mixed property of >=$25,000 CAD all accounts, or opened account for < 90 days, or Jade buyer, or 3 executed over previous quarter ✘ ✘ ✘ ✘ ✘ ✔
<$10,000, or 1 executed commerce over 3 months, or new account, or youthful than 25 ✔
>$15,000 family property, or 3 trades over 3 months, or new account, or TD Simple Commerce accounts No price ✔
$3 for youthful than 25, or > USD$100,000 account Non-customer watch for digital service enquiry 44 hours
(37 in 2022) 11 hours
(50 in 2022) 80 hours
(31 in 2022) 26 hours
(7 in 2022) 43 hours
(28 in 2022) 43 hours
(81 in 2022) 23 hours
(29 in 2022) 113 hours
(118 in 2022) 5 hours
(5 in 2022) 13 hours
(21 in 2022) 13 hours
(7 in 2022) 59 hours
(37 in 2022) 16 hours
(26 in 2022) 25 hours
(16 in 2022) 12 hours
(20 in 2022) Click on for extra data BMO InvestorLine Evaluate Canaccord Genuity Direct Evaluate CIBC Investor’s Edge Evaluate CI Direct Buying and selling Evaluate Desjardins On-line Brokerage Evaluate HSBC InvestDirect Evaluate Laurentian Financial institution Low cost Brokerage Evaluate Nationwide Financial institution Direct Brokerage Evaluate Qtrade Direct Investing Evaluate Questrade Evaluate RBC Direct Investing Evaluate Scotia iTRADE Evaluate TD Direct Investing Evaluate Wealthsimple Commerce Evaluate Interactive Brokers Evaluate
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