Best stock brokers & investing apps in Canada

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of Canada, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate

Stocks in Canada at a glance

5 stock brokers & investing apps with a verified licence serve residents of Canada: 5 hold a local licence (CIRO).
Top pick by Coinish Score: moomoo (77/100, Editor Rating 3.8/5).
$0 commission on US stocks: moomoo, Webull, Wealthsimple and Questrade.
No minimum deposit: Questrade.

Stocks in Canada

Local licence required

Brokers must be registered with Canadian securities regulators (dealers are overseen by CIRO).

Regulator sources (1)

“anyone in the business of trading securities or advising clients on securities must be registered with the securities regulator in each province or territory where they do business”
securities-administrators.ca · Jan 14, 2026

The value of investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future results.

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1
Top pick
moomoo
Moomoo Financial Canada Inc. · CIRO (Tier 1)
Locally licensed
US stock fee
$0
Instruments
–
Min. deposit
–
77
Coinish Score
3.8/5 rating79 signal
Visit site Review
2
Webull
Webull Securities (Canada) Limited · CIRO (Tier 1)
Locally licensed
US stock fee
$0
Instruments
–
Min. deposit
–
72
Coinish Score
4.3/5 rating58 signal
Visit site Review
3
Interactive Brokers
Interactive Brokers Canada Inc. · CIRO (Tier 1)
Locally licensed
US stock fee
$1
Instruments
–
Min. deposit
–
71
Coinish Score
4.1/5 rating61 signal
Visit site Review
4
Wealthsimple
Wealthsimple Investments Inc. · CIRO (Tier 1)
Locally licensed
US stock fee
$0
Instruments
–
Min. deposit
–
68
Coinish Score
3.6/5 rating65 signal
Visit site Review
5
Questrade
Questrade, Inc. · CIRO (Tier 1)
Locally licensed
US stock fee
$0
Instruments
–
Min. deposit
$0
66
Coinish Score
4.2/5 rating49 signal
Visit site Review

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