Compare Canadian Online Brokers
Compare dozens of Canadian Online Brokers platforms and find the one that best suits your needs
Frequently asked questions about Canadian Online Brokers
HOW TO COMPARE ONLINE BROKERS WITH HARDBACON?
Before choosing an online broker with our comparison tool, the first step is to determine which type of investor you are. In the left-side sidebar, you can check-off the type of account(s) that you are interested in. If you are an exchange-traded fund investor, you can put in how many transactions you do each month. If you open a brokerage account mainly to invest in shares, the transaction fee on each share is the most important factor to look at. Finally, if you intend to buy American shares, select “Yes” under “USD Account?” in order to only show online brokers who let you have American currency, and avoid paying for currency conversion fees.
IS MY MONEY SECURE IF I OPEN AN ACCOUNT WITH AN ONLINE BROKER?
IS IT POSSIBLE TO INVEST IN THE STOCK MARKET THROUGH AN RRSP OR A TFSA?
WHAT ARE THE ACCOUNT MAINTENANCE FEES?
WHY IS IT IMPORTANT TO HAVE AN ACCOUNT IN US CURRENCY OR A DUAL CURRENCY ACCOUNT?
HOW DO ONLINE BROKERS MAKE MONEY?
IS ROBINHOOD AVAILABLE IN CANADA?
HOW WEALTHSIMPLE TRADE AND OTHER ZERO-COMISSION BROKERS MAKE MONEY?
WHAT IS THE BEST ONLINE BROKER IN CANADA?
Read more about online brokers in Canada
The 5 Best Online Brokers for ETF Investing
The best online brokers for ETFs in Canada strike the right balance between competitive fees, a diverse selection of ETFs, and registered accounts. Bonus points if the platform is super easy to use and accessible across devices. But selecting the best broker for you is where things can get a little tricky. After all, free […]
8 Tips to Invest Successfully as a Self-Directed Investor in Canada
In collaboration with moomoo Canada Investing is one of the ways to get the allure of quick gains. But the hard truth is that most active traders lose money. On the other hand, long-term investing also comes with some common pitfalls to avoid. If you’re new to investing, or getting ready to start, there are […]
The 10 Best Online Brokers in Canada for 2024
Discovering the best online brokers in Canada is crucial to your success. In today’s dynamic market, there are countless online brokers offering varied services for any budget, making it an ideal time to start investing. Yet, with so many options, choosing the right platform can be overwhelming. Consider your investment approach: Are you a frequent […]