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Best Investment Apps Canada

Finding the Best Investment Apps Canada to meet your needs is a process that depends on factors like your investing style, must-have features and budget. For example, some apps offer robo-advising for those who want hands-off passive investing while others might require access to the stock market and a robust trading platform. Fortunately, there are plenty of options for Canadian investors that cater to the country’s specific investing needs and goals.

Robinhood is one of the most well-known investment apps for its slick interface and ability to avoid trading fees. The app is specifically designed for mobile and provides users with a range of tools to invest in stocks, ETFs, options, and even cryptocurrencies. It’s an excellent choice for beginner investors looking for a simple way to get started.

Best Investment Apps in Canada for Smarter Investing

Wealthsimple Invest is another popular option for beginner investors. The app provides a suite of investment tools for users to build their own ETF portfolio, including tax-loss harvesting and an option to automate trades. In addition, the platform offers a variety of educational materials to help novice investors learn about the market.

CIBC Mobile Wealth is another good option for beginners looking to start investing. The app makes it easy to move money from a BMO chequing account to a discount brokerage, and it includes a number of helpful features like group chats and the option to buy fractional shares.

TD Investorline is another reputable app for those looking to make investments. Its low-cost trading fees are attractive, and it offers a range of investment options, including stocks, ETFs, mutual funds, bonds and GICs. It also offers access to advanced tools like WebBroker and thinkorswim for more in-depth research and trading.