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Investing

Canadian Online Brokerages and Investing Platforms

Choosing and using an online brokerage: fees, FX, protection and transfers.

Your brokerage decides what you pay to buy, hold and convert currency, and how easy your accounts are to manage. This hub is for Canadians choosing a first online brokerage or deciding whether to switch.

Start with the best-brokerages guide, then the head-to-head comparisons. The guides explain trading and account fees, USD accounts and conversion costs, what CIPF protection covers, and how a transfer between institutions works. Every fee comes from the brokerage's own fee page with the date it was checked, and the pages say plainly that a commission to this site never changes a ranking.

Once you've picked a platform, the accounts hub covers which account to open first.

What this hub helps you decide:

  • Which brokerage is cheapest for how I invest?
  • Do I need a USD account?
  • What does CIPF protection cover?
  • How do I transfer accounts between brokerages?

Updated November 2026 · 4 guides by Andrew

Start here

  1. Best Online Brokerages in Canada for 2026
  2. Wealthsimple vs Questrade (2026): Fees, FX, Journaling, and Which to Choose
  3. Questrade vs Interactive Brokers for Canadians
  4. Is Your Money Safe at an Online Broker? CIPF vs CDIC

New to investing? Read the overview first: How to Invest in Canada: The Optimizer's Guide to Accounts, ETFs, and Brokerages.

All Brokerages & Platforms guides

Is Your Money Safe at an Online Broker? CIPF vs CDIC
Brokerages & Platforms

Is Your Money Safe at an Online Broker? CIPF vs CDIC

CIPF covers missing securities if a CIRO dealer fails, within category limits. CDIC covers eligible deposits. What each protects—and what neither covers.

Andrew·2026-10-24
Questrade vs Interactive Brokers for Canadians
Brokerages & Platforms

Questrade vs Interactive Brokers for Canadians

As of October 2026, Questrade lists $0 online stock and ETF commissions and 1.5% to convert currency. IBKR Canada lists per-share commissions and a 0.20 basis point spot FX commission.

Andrew·2026-10-03
Wealthsimple vs Questrade (2026): Fees, FX, Journaling, and Which to Choose
Brokerages & Platforms

Wealthsimple vs Questrade (2026): Fees, FX, Journaling, and Which to Choose

Both list $0 stock and ETF commissions and 1.5% FX. The split: Wealthsimple's $10 USD account vs Questrade's free dual-currency, and $0 vs $150 to transfer out.

Andrew·2026-09-27
Best Online Brokerages in Canada for 2026
Brokerages & Platforms

Best Online Brokerages in Canada for 2026

Compare Canadian brokers on commissions, foreign exchange, registered accounts, and research — then verify the live fee schedule before you transfer.

Andrew·2026-09-17