Top Investing Apps for Canadians

June 22, 2025

Top Investing Apps for Canadians is a mobile or web-based platform that allows investors to buy and sell securities, including stocks and ETFs (Exchange-Traded Funds), directly from their smartphones, tablets, or computers. These apps offer a more user-friendly and affordable alternative to traditional brokerage services, often with lower fees and higher transparency.

There are a variety of different investment apps in Canada, each with their own strengths and weaknesses. Some, like Moka, specialize in crypto investing, while others, such as Wealthsimple, are geared towards millennials with low fees and an intuitive platform. While it is important to keep in mind that some investment apps might be sketchy, reputable companies like Wealthsimple prioritize security for their users by offering two-factor authentication (2FA) and being a member of FINTRAC, Canada’s financial intelligence unit, which works to detect money laundering and terrorist financing activities.

Top Mobile Apps for Investing in Canada

Some of the top investment apps in Canada also allow investors to choose a portfolio of investments that aligns with their risk tolerance and financial goals, while others offer educational resources and tools for market analysis. In addition, some investment apps, such as TD Direct Investing, integrate seamlessly with your bank account for ease of use and convenience.

While some investment apps offer low fees, it is important to do your research and choose the right one for you. For example, if you are a hands-off investor who plans to buy and hold for the long-term, you might be better off with Questrade’s commission-free opportunities; on the other hand, if you plan on trading throughout the day, you might want to opt for an app like Wealthsimple Trade, which offers a range of portfolios with low fees starting at 0.5%.