Investing in Canada
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2026 updated
Canada
Canada Investing Hub — Brokerage Reviews & Comparisons
Canada has four serious self-directed brokerage options for retail investors: Wealthsimple Trade, Questrade, TD Direct Investing, and Interactive Brokers Canada. We compare them on real fees — commissions, FX margin, USD-registered support, and account selection — not marketing claims.
Free, no signup, no referral links. Pricing pulled from official broker pages. Last reviewed: April 18, 2026.
Editor's Picks
Three reads we'd hand any Canadian investor opening a brokerage account this year.
Quick comparison
| Broker | Best for | Equity | ETF buy | FX margin | Newcomer-friendly |
|---|---|---|---|---|---|
| Wealthsimple Trade | Beginners and small accounts | $0 | $0 | 1.5% (or 0% on Premium / Generation) | Yes |
| Questrade | Long-term ETF investors | $0 | $0 | ~1.5–2.0% on auto-conversion (Norbert's Gambit available) | Yes |
| TD Direct Investing | Existing TD clients and complex account needs | $9.99 flat (active traders: $7.00 with 150+ trades/quarter) | $9.99 (free on a small list of TD ETFs) | ~1.5% (Norbert's Gambit possible via DLR/DLR.U) | Yes |
| Interactive Brokers Canada | Active traders and global ETF investors | $0.005/share, min $1.00, max 0.5% of trade value (Tiered) | Same as equity (no special ETF tier) | ~0.03% (interbank + small spread) — best in class | Limited |
Broker reviews
Self-directed brokerages compared on real fees: commissions, FX margin, USD-registered support, and account selection. Updated for 2026.
Side-by-side comparisons
Pick the right platform without reading four reviews. Direct head-to-head comparisons on the things that actually move money.
Newcomer investing
Newcomers can open most brokerage accounts within months of arriving — but the order matters. Bank account first, SIN second, broker third.
Investing calculators
Run the numbers before you fund the account.
Not investment advice.
We compare publicly disclosed fees and features. Brokers change pricing frequently — verify on the official site before opening an account. We do not accept referral commissions from any broker on this list.
Last reviewed: April 18, 2026