Best Trading Apps in Canada for 2026

Mobile platform features: Unlike some other brokerages, Qtrade only offers one mobile trading platform. However, it’s clean and modern, and packed with enough features and tools to satisfy most traders.

First, the design. After quickly logging in using facial recognition, you arrive at your account summary page, which lists your accounts, portfolio allocation, top positions, the current performance of major market indices, and the latest market news. From there, you can access the stock symbol search bar with a single click.

Qtrade presents you with a wealth of data on the security details screen. Buy and Sell buttons are prominently displayed, and as you scroll, you’ll find detailed market data and news, charting, and analyst insights. You can even switch to advanced charts with a single click. The advanced charting is among the most robust I’ve seen on any mobile app. I counted seven chart types and at least 20 indicators. And you won’t run out of order types. Qtrade supports six in total on its mobile app, including market, limit, stop market, stop limit, trailing stop market, and trailing stop limit.

By scrolling further down the Security Details screen, you’ll get Qtrade’s Analyst Insights. It offers a clear summary of buy/sell/hold ratings, price targets, and recent analyst calls. Not all mobile trading apps offer this much detail.

There are a couple of drawbacks. Qtrade doesn’t yet support fractional share trades, and you can’t set custom stock alerts. Both Wealthsimple and TD Direct Investing, and Questrade to a lesser degree, offer fractional shares. Adding these features will only bolster Qtrade’s position.

Colin's take:

"While it lacks fractional shares and custom alerts, Qtrade’s move to commission-free trading puts it ahead of the big banks and right alongside low-cost competitors like Questrade and Wealthsimple."

Colin Graves
Contributing Writer

Pricing: In October 2025, Qtrade became the latest Canadian brokerage to move to a commission-free trading model. You can now buy and sell thousands of stocks and ETFs with no fees, narrowing the gap with Questrade and putting additional pressure on the higher-priced big bank brokers.

Mobile platform features: TD customers use the same app to trade stocks and do their day-to-day banking. It sounds complicated, but it’s rather ingenious, if you ask me, because it allows you to manage all of your banking and self-directed investing in a single view, and transfer funds to and from with ease.

As an investing app, the TD App is pretty powerful. It’s not quite as clean and modern as offerings from Wealthsimple and Questrade, but it’s fairly easy to navigate. When it comes to trading tools, you can choose from six order types, but the standout feature is support for fractional shares on thousands of Canadian and U.S. equities. This allows you to trade in partial shares, lowering the barrier to entry for expensive stocks such as Alphabet, Amazon, or Apple. It also adds efficiency, because you can place trades by dollar amount instead of leaving leftover cash sitting uninvested.

The TD App supports fractional shares, making it easy to invest a specific dollar amount instead of worrying about share price. Simply enter a dollar value, and it calculates the number of shares for you. This is extremely useful for expensive stocks and for keeping your portfolio fully invested without leftover cash sitting idle.

The TD App’s market data and research tools are also impressive. When you look up a stock, you’ll find plenty of information at a glance, including charting, key statistics, option chain data, analyst ratings, and market news. Two types of advanced charts, mountain and candlestick, are available for viewing in the app.

Two areas that could be improved, besides the high trading fees, would be the addition of a recurring investments feature that allows you to schedule the purchase of individual stocks, which Wealthsimple offers in its mobile app. And, placing the stock search bar on the home screen. Finding it shouldn’t feel like a scavenger hunt.

Pricing: TD Direct Investing charges a flat fee of $9.99 per stock and ETF trade, and $9.99 + $1.25 per contract for options trades, making it one of the most expensive trading platforms in Canada. In addition, it charges a $25 quarterly administration fee on most of its registered accounts, though the fee is waivable. One recent change is that you can now choose from around 100 select commission-free ETFs from various fund companies, including Vanguard, iShares, and, of course, TD.

Mobile platform features: Questmobile is Questrade’s main trading app. It does offer a separate app for advanced traders, called Questrade Edge Mobile, but I won’t cover it in this review. When you first log in to Questmobile, you’ll notice how clean and simple it looks. And it is very easy to navigate. With a single click, you can search for stocks to trade or discover symbols by sector, top gainers, most active, best rated, and more. For research, Questrade relies on two very helpful third-party tools: TipRanks Sentiment Analysis and Bulls Say, Bears Say, from Seeking Alpha. Both allow you to gain quick insight into individual stocks. And like most investing apps, you can easily create and manage multiple watchlists.

Questrade incorporates third-party tools like TipRanks to give you a quick read on market sentiment. Instead of digging through multiple sources, you get a consolidated view of analyst ratings, price targets, and sentiment indicators, all in one place.

But while Questmobile is a solid app, it has some shortcomings. It only offers two order types (market and limit), you can’t set custom alerts, and there are no advanced charts. It supports fractional shares and recurring investment purchases, but only on U.S. stocks. Hopefully, Questrade will include Canadian stocks before long.

Pricing: Questrade is a low-cost leader among Canadian brokers. In addition to commission-free trading for stocks, ETFs, and options, it doesn’t charge any account administration fees. Even Qtrade still charges admin fees for U.S.-registered accounts and Trust accounts.

Trades are commission-free, making Wealthsimple a price leader among Canadian brokers. A couple of things I love about the mobile app: it supports fractional shares, and you can set up recurring purchases for stocks. Unfortunately, research tools are limited, and you must pay a $10 monthly fee if you want to add a U.S.-denominated account.

But if you’re a new trader just looking to invest in Canadian stocks and ETFs, Wealthsimple might be the easiest way to do it.

IBKR's primary mobile trading app is clearly designed for intermediate and advanced traders, and it's not optimized for Canadian investors. While it’s highly capable and packed with features, the average investor will likely find its user interface intimidating. Its markets screen lets you switch between U.S., European, Asian, and FX markets. There are too many research tools to mention here, but they include a robust stock screener, heatmaps, detailed analyst ratings, short-selling tools, advanced charts, and economic and technical insights.

IBKR doesn't offer zero-commission trades in Canada, but its pricing is very competitive, with minimum orders as low as $1.00 for Canadian stocks and ETFs.

Mobile platform features: The Moomoo app supports eight order types, including Limit-If-Touched and Market-If-Touched, along with advanced charting, analyst ratings, and market news. You can set custom alerts, something you can’t do on the Qtrade or Questrade apps. Building and editing watchlists is easy. Alongside the trading tools, the app carries a heavy layer of social and promotional content, including community discussions, badges, and frequent notifications.

Drawbacks: Moomoo doesn’t support fractional shares. Its registered account lineup is also limited to TFSAs, RRSPs, and spousal RRSPs, so you can’t open an FHSA, RESP, RRIF, or any locked-in retirement plans.

Pricing: Moomoo doesn’t offer commission-free trading. It uses a per-share pricing model with minimum per-order charges, plus a platform fee on stock and ETF trades. Its fees run higher than zero-commission apps like Wealthsimple, Qtrade, and Questrade, but lower than the big bank brokers. Moomoo doesn’t charge account or inactivity fees, and it doesn’t charge a foreign exchange fee when converting between Canadian and U.S. dollars.