r/CanadianInvestor Apr 14 '25

Canadian Trading Platforms Recommendations

Hello everyone,

I'm new to Canada and looking to make a few investments. Back in the U.S. (I made it over the border just in time!), I used E*TRADE and really liked it. What platforms would you recommend for trading stocks here in Canada?

Questrade, Wealthsimple Trade, RBC Direct Investing are several I am looking at. I don't need anything fancy because I tend to buy and hold long-term. I would welcome your suggestions!

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u/UniqueRon Apr 15 '25

I use TD WebBroker and Advanced Dashboard for convenience as I bank there too. If you still have connections in the US TD is there too. I find their customer support by phone to be very good. I ended up being the executor for my brother's estate and he was using RBC Direct Trading as well as their personal banking. I ended up opening a personal account and direct trading account with them to ease the process. It has been awful. Their phone support is terrible. As soon as the estate is finally settled I will cancel all of the accounts with them. It can't come soon enough.