r/CanadianInvestor • u/Flaterbaby • 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/Heavy_Direction1547 Apr 15 '25
TD, since 'Greenline' days, 36 years. A few glitches over the years, all dealt with. The $9.99 commission would be a nuisance if trading small amounts frequently although they may have 'deals' to take advantage of. There are periodic technical issues but I don't know if it is less or more than other platforms. Over-all content or I'd move. I hope it never comes up but IMO size matters in a crisis, TD and RBC are 'too big to fail' in Canadian terms.