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2 First Class Trading Apps Canada You Should Know !

In this article, we will discuss trading apps Canada. Previously we have discussed Trading Apps in the USA. Will it have the same result?

Wealth Simple Trade

Wealth simple trade is included in the trading apps Canada category.

WealthsimpleTrade is all low price. There is no transaction fee. And you can trade for as much as you like for free. There is no annual fee or minimum account. This is one of the cheapest trading options available to Canadian investors. Often compared to other platforms of educational resources and tools, Wealthsimple Trade teaches the basics with a variety of savings calculators, articles, and investor master class videos. If there is one pitfall, Wealthsimple Trade primarily offers stocks and ETFs, limiting the types of securities you can trade. You can open an unregistered account, RRSP, or TFSA. With mobile and web platforms, the application received some of the best user ratings we've seen.

Interactive Brokers.

Interactive Brokers is also included in the trading apps Canada category.

The fact that Interactive Brokers promises to take its investment to the next level indicates the type of investor the platform is trying to attract. In short, it is well suited for those who have a lot of online trading experience and a lot of money to trade. It provides access to stock markets in 33 countries and 68 different order types, including equities, options, currencies, and fixed income. This is far superior to the platforms of other brokerage firms we have looked at. Interactive Brokers has a step-by-step pricing structure when it comes to commissions. The more you trade, the cheaper it will be. There is a minimum fee of $ 1 per transaction and up to 0.5% of the total transaction value. The Interactive Brokers web portal has an extensive education section with webinars, videos, and even a traders academy. It also provides analytical tools to help you make better trading decisions. The offer is so detailed that it can be daunting for beginners. Interactive Brokers also allow you to borrow money to buy stock. Beginners need to be very careful.

So those are some trading apps Canada that many people have trusted. There are still a lot of trading apps Canada but some of the best are from the apps above. Always be careful and hopefully articles with the trading apps Canada category can be useful.


Keyword: trading apps Canada