Online trading platforms allow Canadians to trade a variety of equities, exchange-traded funds (ETFs), mutual funds, and options. These platforms, also known as discount brokerages, differ in fees and features. They are a great option for investors who want to self-direct their investments by deciding how to allocate their funds.

Some of the best online canada best investment platform in Canada offer a variety of tools and suites to help new traders learn the ropes and more experienced traders enhance their trades. These companies have competitive pricing and can make it easy to manage your investing goals and strategies.

BMO Investorline is the Bank of Montreal’s (BMO) online investment service and offers a variety of self-directed services. This includes a robust desktop and mobile platform paired with 3rd party research and education tools. It also offers a variety of investment products including TD and TSX securities, GICs, mutual funds, and CIBC Term Deposits. It has a low cost for both stock and options trading, with fees as low as $9.99 per trade.

Canada’s Best Investment Platform: Where to Grow Your Wealth

CIBC’s investment platform allows users to customize charts based on their analytical preferences, and offers a wide range of order types to suit different investment needs. Its mobile app makes it easy to invest while on the go and gives access to real-time prices at all hours.

Questrade is a popular choice for Canadian traders due to its competitive fees and advanced trading tools. It offers commission-free ETF trading and does not charge account maintenance fees or inactivity charges. It also has an extensive list of research and educational resources, and is a member of the Canadian Investor Protection Fund.