Stock Broker List For Canada (In 2026)
Stock trading in Canada has gotten increasingly more popular. With this huge increase in popularity there is a growing need for stock brokers in Canada. More stock brokers equals more competition which usually results in better cheaper services for traders.
Our stock broker list for Canada includes details on each broker such as: Broker name, Fees per trade, Tradeable assets, Trading platforms, Min deposit and the Available exchanges.
No other stock broker list compares with ours. Many other list are just filled with fluff and “information overload”. Our list is clean, simple and show the details that matter to traders, A – Z.
About This Page:
- Canadian Stock Broker List
- Lowest Cost Stock Broker List
- Mobile app Stock brokers
- Stock broker for beginners
- Best Stock broker for professionals
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Canadian Stock Broker List
| Broker name | BMO InvestorLine |
| Fees per stock trade | $9.95 per online trade for Canadian and U.S. stocks and ETFs. Options cost $9.95 per online trade plus $1.25 per contract. Active Trader clients may qualify for $3.95 per stock/ETF trade and $3.95 + $1.25 per option contract. A selection of ETFs are commission-free. |
| Tradeable assets | Stocks, Options, ETFs, Mutual Funds, GICs, Bonds. |
| Trading platforms | Web platform, Mobile app (BMO Invest), MarketPro (for professional investors/traders), BMO Active Trader platform. |
| Min deposit | $0.00 (no minimum deposit required to open a Self-Directed account, but quarterly account fees of $25 may apply if non-registered account balance is under $15,000 or registered accounts under $25,000). |
| Available exchanges | Canadian and U.S. exchanges (TSX and NYSE are explicitly mentioned for stocks and options). |
| Broker name | CIBC Investor’s Edge |
| Fees per stock trade | $6.95 (Standard); $4.95 (Active Trader); $0 (Young Investors under 25 with CIBC Smart Start chequing account); $5.95 (Student Investors over 25 with CIBC Smart for Students chequing account) |
| Tradeable assets | Stocks, Options, ETFs, Mutual funds, GICs, Fixed income (including bonds), Precious metals (certificates), IPOs, Structured notes, Canadian Depository Receipts (CDRs) |
| Trading platforms | CIBC Mobile Wealth App, Web trader (desktop/web trading platform) |
| Min deposit | $0.00 (No minimum deposit required to open an account; however, annual fees may apply if account balances fall below certain thresholds) |
| Available exchanges | TSX, TSXV, NYSE, NASDAQ, ME, Neo Exchange (for CDRs) |
| Broker name | Interactive Brokers |
| Fees per stock trade | IBKR Lite: $0 per share for US exchange-listed stocks and ETFs; IBKR Pro (Fixed): USD 0.005 per share, min. $1, max. 1% of trade value |
| Tradeable assets | Stocks, Options, Futures, Spot currencies, Metals, Bonds, ETFs, Mutual funds, EFPs, Hedge funds, Robo portfolios, Fractional Shares, Prediction Markets |
| Trading platforms | Web-based Client Portal, Trader Workstation (TWS), IBKR Mobile, IBKR API, IBKR Desktop, IBKR GlobalTrader, IBKR ForecastTrader, IMPACT |
| Min deposit | $0 for cash accounts; $2,000 for margin accounts |
| Available exchanges | Over 170 markets worldwide, including NYSE, NASDAQ, CHX, LTSE, NEO, TSX, TSXV, CSE, Mexican Stock Exchange, Cboe Futures Exchange (CBF), Chicago Mercantile Exchange (CME), Eurex (EUX), ICE Futures Europe Financials (ICF), ASX Trade24 (SFE), Hong Kong Futures Exchange (HKG), Korea Exchange (KFE), Bursa Malaysia (KLSE), National Stock Exchange of India (NSE), Osaka Exchange (OSE), Singapore Exchange (SGX), Taiwan Stock Exchange (TWSE), US Options (OCC), Cboe CEDX, ICE Futures Europe. |
| Broker name | Questrade |
| Fees per stock trade | $0 for stocks and ETFs (ECN fees may apply), $9.95 for mutual funds, as low as $0/contract for options (other fees may apply) |
| Tradeable assets | Forex, CFD’s, Stocks, Options, Mutual Funds, Bonds, Precious Metals, ETFs |
| Trading platforms | Questrade IQ Edge, Web-based, Mobile app(IOS/Andriod), Questrade Global |
| Min deposit | $0 |
| Available exchanges | TSX, TSXV, CSE (formerly CNSX), MX, NASDAQ, NYSE, NYSE Arca, BATS, NEO, OTC Markets (including Pink Sheets and OTC Bulletin Board) |
| Broker name | Qtrade Investor |
| Fees per stock trade | $0.00 for stocks, ETFs, and mutual funds; $0.75 per option contract; $30-$45 for broker-assisted trades. |
| Tradeable assets | Stocks (Canadian & US, including OTC), ETFs (including Crypto ETFs), Mutual Funds, Bonds, Options, GICs, New Issues (IPOs), Rights and Warrants. |
| Trading platforms | Mobile app, Web-based platform (Webtrader) |
| Min deposit | $0.00 |
| Available exchanges | TSX, TSXV, CSE, NEO, NYSE, Nasdaq, OTC |
| Broker name | Royal Bank Direct Investing |
| Fees per stock trade | CAD 9.95 per trade; CAD 6.95 if you make more than 150 trades per quarter. For GoSmart accounts, the first 50 trades per year are commission-free, then $9.95 per trade (CAD or USD), or $6.95 per trade (CAD or USD) if 150+ trades per quarter. Unlimited commission-free trades on select ETFs. |
| Tradeable assets | Stocks, Options, Mutual Funds, Fixed Income, ETFs, GICs, Bonds. |
| Trading platforms | RBC Mobile app, Online Investing Platform (Web Trader), Trading Dashboard. |
| Min deposit | $0.00 |
| Available exchanges | NEO, ME, CSE, NASDAQ, NYSE, OPRA, OTC, TSX, TSXV, London Stock Exchange (LSE), Hong Kong Stock Exchange (HKEx), Frankfurt Stock Exchange (FWB), Euronext Paris, Euronext Brussels, Borsa Italiana, Euronext Amsterdam, Euronext Lisbon, Vienna Stock Exchange, Bolsa de Madrid, Nasdaq Helsinki. |
| Broker name | Scotia iTRADE |
| Fees per stock trade | Standard $9.99 per online trade; $4.99 per trade for active traders (150+ commission-generating trades/quarter) |
| Tradeable assets | Stocks, ETFs (over 200 commission-free), Mutual funds (over 3,500), Options, Bonds, IPOs/New Issues, GICs |
| Trading platforms | Web-based trader (Scotia OnLine, Trade Pro), Mobile app (Scotia iTRADE app) |
| Min deposit | $0.00 (no minimum deposit required to open an account, but a minimum balance of at least $10,000 or one commissionable trade per quarter is encouraged to avoid a Low Activity Account Administration Fee) |
| Available exchanges | Major North American exchanges (Canadian and U.S. equities, ETFs, and options) |
| Broker name | TD Direct Investing |
| Fees per stock trade | $9.99 for full shares, $1.99 for partial shares |
| Tradeable assets | Stocks, Options, Mutual Funds, Fixed Income, ETFs |
| Trading platforms | WebBroker, Advanced Dashboard, TD mobile app, Thinkorswim |
| Min deposit | $0.00 |
| Available exchanges | TSX, TSXV, NYSE, NASDAQ, OPRA, MX |
| Broker name | Virtual Brokers |
| Fees per stock trade | $1.99 – $7.99 |
| Tradeable assets | Stocks, Options, Mutual Funds, Bonds, GICs |
| Trading platforms | Web based, Mobile app, Powertrader Pro, Realtick EMS, ITS Traderlite, IRESS |
| Min deposit | $0.00 |
| Available exchanges | All major North American markets |
Broker name | Wealthsimple |
| Fees per stock trade | $0.00, Wealthsimple Trade review |
| Tradeable assets | Common stocks and ETFs |
| Trading platforms | IOS & Andriod App |
| Min deposit | $0.00 |
| Available exchanges | TSX, TSXV, NASDAQ |
Lowest Cost Stock Broker List
Here are brokers with the lowest fees/commissions charged for stock trades.
| Stock Broker | Stock Commission |
| Wealthsimple | $0 commission on Canadian and US stocks and ETFs, and $0 options trading. |
| CIBC Investor’s Edge | $6.95 per stock and ETF trade; $4.95 per trade for active traders (150+ trades per quarter); free trades for investors under 25. |
| Interactive Brokers | Commissions start at $0.01 per share (minimum $1 USD per order). For fractional shares, the minimum commission is $0.01 USD or 1% of the trade value, whichever is greater. For US stocks and ETFs, fixed pricing is $0.005 per share, with a minimum of $1 and a maximum of 1% of trade value. |
| Virtual Brokers | 1¢ per share, with a minimum of $1.99 and a maximum of $7.99 per trade. Free for Canadian mutual funds and North American ETFs. |
| Qtrade Investor | $0 commission trading for equities, ETFs, mutual funds, and options. Quarterly administration fees have been eliminated. |
Mobile App Stock Brokers
Every Canadian stock broker on our list features a mobile app where traders can manage their investments from a tablet or mobile phone.
Stock Broker for Beginners
While Trading stocks should never be for uneducated beginners the broker we recommend for beginners is Wealthsimple. Anyone can get started with no upfront costs and trading is commission free. Their mobile trading is tailored to beginners and is simple to use. Also, signing up cannot get anymore simpler and straightforward then with Wealthsimple.
Best Stock Broker for Professionals
The best stock broker for Canadians who are professional traders is Interactive brokers. IBKR which is short for Interactive brokers is a platform best suited for professional traders looking for access to worldwide markets. With IBKR, you can trade in 135 different markets with multiple currencies, offering extensive access for active traders.
Their desktop trading platform named Trader Workstation is an advanced trading platform with next level charting, platform features and analysis.
Here are our picks for the best broker for professionals:
Virtual Brokers is recognized for its competitive pricing and a wide array of trading platforms, including advanced options like Powertrader Pro and Realtick EMS, which appeal to professionals seeking sophisticated tools and direct market access. Questrade, ranking third, offers a robust platform with Questrade IQ Edge, providing advanced order types, comprehensive research tools, and access to various asset classes beyond just stocks, including forex and CFDs, making it suitable for active and diversified professional traders.
| Rank | Broker |
| 1 | Interactive Brokers |
| 2 | Virtual Brokers |
| 3 | Questrade |
A portion of the Sign up links to brokers websites are affiliate links. We may receive a commission with no charge to you. This enables us to keep creating helpful trading content for our readers for free.
While virtually all brokers offer a mobile application, the quality and features can vary significantly. Some apps, like Wealthsimple’s, are designed for simplicity and ease of use, ideal for beginners managing basic portfolios. Others, such as Interactive Brokers’ IBKR Mobile, provide advanced charting tools, real-time data, and complex order types, catering to experienced traders who need full functionality on the go. When choosing, consider if the app offers features like customizable watchlists, push notifications for price alerts, and secure biometric login, all of which enhance the mobile trading experience.