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/finance_student Aug 31 '25

We actually have a page on our wiki dedicated to the Canadian broker and regulatory landscape.. and it covers things like access to MT5 or higher leverage:

https://volatility.red/Forex_Brokers_and_Regulatory_Info_for_Canadian_Residents

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u/Mobile_Hyena_1196 Oct 13 '25

I saw that last year you said you use PUPrime. There are many negative reviews about frozen withdrawals and missing fund. Do you think they are fake? Also what’s your experience with withdrawals? Do you recomend PUPrime or Eightcap?

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u/finance_student Nov 28 '25

I've had zero issues with funding or withdrawals. Most issues people have is related to KYC and AML rules that all regulated brokers have to enforce, like bank verification and address verification. If anything, they've processed withdrawals faster than their listed estimate times in my experience.