Stock Broker List For Canada (In 2023)

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.

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Canadian Stock Broker List

BMO InvestorLine
Broker nameBMO InvestorLine
Fees per stock trade $9.95
Tradeable assets Stocks, Options, ETFs, Mutual Funds, GICs, Bonds
Trading platforms Web trader, Mobile trader app
Min deposit $0.00
Available exchanges TSX, TSXV, NYSE, NASDAQ, ME, OPRA
CIBC investors edge logo
CIBC Investor’s Edge
Broker nameCIBC Investor’s Edge
Fees per stock trade $6.95
Tradeable assetsStocks, Options, ETFs, Mutual funds, GICs, Fixed income, Precious metals
Trading platforms CIBC mobile wealth app, Web trader
Min deposit $0.00
Available exchanges TSX, TSXV, NYSE, NASDAQ, ME
interactive broker logo
Interactive Brokers
Broker nameInteractive Brokers
Fees per stock trade$1.00 and a maximum of 0.5% of trade value
Tradeable assets Stocks, Options, Futures, Spot currencies, Metals, Bonds, ETFs, Mutual funds, EFPs, Hedge funds, Robo portfolios
Trading platforms Web-based client portal, Trader workstation, IBKR mobile, IBKR API 
Min deposit $0.00
Available exchangesNYSE, CHX,LTSE,  NASDAQ, NEO, TSX, TSXV, CSE, Mexican Stock Exchange and more.
quest trade
Broker nameQuestrade
Fees per stock trade$4.95 – $9.95, Questrade review
Tradeable assetsForex, CFD’s, Stocks, Options, Mutual Funds, Bonds, Precious Metals, ETFs
Trading platformsQuestrade IQ Edge, Web-based, Mobile app(IOS/Andriod), Questrade Global
Min deposit$1000.00
Available exchangesTSX, TSXV, NYSE, MX, PINX, BATS, NASDAQ and CNSX
qtrade logo
Qtrade Investor
Broker nameQtrade Investor
Fees per stock trade $8.75
Tradeable assets Stocks, ETFs, Mutual Funds, Bonds, Options, GICs
Trading platforms Mobile app, Webtrader
Min deposit $0.00
Available exchangesTSX, TSXV, CSE, NEO, NYSE, OTC
rbc direct investing
RBC Direct Investing
Broker nameRoyal Bank Direct Investing
Fees per stock trade$9.95
Tradeable assetsStocks, Options, Mutual Funds, Fixed Income, ETFs
Trading platformsRBC Mobile app, Online Web Trader
Min deposit$0.00
Available exchangesNEO, ME, CSE, NASDAQ, NYSE, OPRA, OTC, TSX, TSXV
scotia itrade logo
Scotia iTRADE
Broker nameScotia iTRADE
Fees per stock trade $9.99
Tradeable assets Stocks, ETFs, Mutual funds, Options, Bonds, IPOs, GICs
Trading platforms Web-based trader, Mobile app
Min deposit $0.00
Available exchangesMajor North American exchanges
TD Direct Investing
Broker nameTD Direct Investing
Fees per stock trade$9.99
Tradeable assetsStocks, Options, Mutual Funds, Fixed Income, ETFs
Trading platformsWebBroker, Advanced Dashboard, TD mobile app, Thinkorswim
Min deposit$0.00
Available exchangesTSX, TSXV, NYSE, NASDAQ, OPRA, MX
virtual brokers logo
Virtual Brokers
Broker nameVirtual Brokers
Fees per stock trade$1.99 – $7.99
Tradeable assetsStocks, Options, Mutual Funds, Bonds, GICs
Trading platformsWeb based, Mobile app, Powertrader Pro, Realtick EMS, ITS Traderlite, IRESS
Min deposit $0.00
Available exchanges All major North American markets
wealthsimple logo

Broker name

Fees per stock trade$0.00, Wealthsimple Trade review
Tradeable assetsCommon stocks and ETFs
Trading platformsIOS & Andriod App
Min deposit$0.00
Available exchangesTSX, TSXV, NASDAQ

Bonus: Receive 2 FREE stocks valued between $5 – $4500

Lowest Cost Stock Broker List

Here are brokers with the lowest fees/commissions charged for stock trades.

Stock BrokerStock Commission
CIBC Investor’s Edge$6.95
Interactive Brokers$1.00 and a maximum of 0.5% of trade value
Virtual Brokers$7.99
Qtrade Investor$8.75

Mobile App Stock Brokers

Every Canadian stock broker on our list feature a Mobile app were the trader can trade from their 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 multiply different currencies 24 hours a day 6 days a week.

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:

Interactive Brokers
2Virtual Brokers

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.