Best Low Fees Brokers in Canada
Compare the top-rated brokers for low fees with scores up to 98/100. Enjoy comprehensive investor protection and highly regulated services.
Best Brokers for Low Fees
I
Interactive Brokers
Top Choice
4.8/5
•282,528 traders chose this brokerTrust score:95/100
•Experience:47 years
Trading fees
$0.0005 to $0.0035 per share
Min deposit
$0
Platforms
TWS, IBKR Mobile, Web Portal
Regulation
SEC, FINRA, FCA, CySEC, MAS
StocksETFsOptionsFuturesForexBondsCrypto
Advantages
- Lowest trading fees in the industry
- Most trusted regulatory licenses
Disadvantages
- Complex platform for beginners
- High minimum for margin accounts
F
Fidelity
Best for Beginners
4.6/5
•145,389 traders chose this brokerTrust score:94/100
•Experience:77 years
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
Active Trader Pro, Mobile App, Web Platform
Regulation
SEC, FINRA
StocksETFsOptionsMutual FundsBondsCDs
Advantages
- Excellent research tools
- Fractional share trading
Disadvantages
- Active Trader Pro needs improvement
- No crypto trading
K
Kraken
Best for Crypto
4.7/5
•275,000 traders chose this brokerTrust score:95/100
•Experience:12 years
Trading fees
From 0.16%
Min deposit
$0
Platforms
Kraken Pro, Kraken Terminal, Mobile App
Regulation
FinCEN, FCA, FINTRAC
CryptoCrypto FuturesForexStaking
Advantages
- High security standards
- Advanced trading features
Disadvantages
- Complex for beginners
- Limited payment methods
T
TD Ameritrade
Best for Day Trading
4.7/5
•169,419 traders chose this brokerTrust score:95/100
•Experience:48 years
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
thinkorswim, TD Mobile, Web Platform
Regulation
SEC, FINRA
StocksETFsOptionsFuturesForexBondsMutual Funds
Advantages
- Excellent thinkorswim platform
- Comprehensive educational resources
Disadvantages
- Higher options contract fees
- No fractional shares
C
Charles Schwab
Best Overall
4.8/5
•180,000 traders chose this brokerTrust score:98/100
•Experience:50 years
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
StreetSmart Edge, Web Trading, Mobile App
Regulation
SEC, FINRA
StocksETFsOptionsFuturesBondsMutual Funds
Advantages
- Comprehensive trading platform
- Excellent research tools
Disadvantages
- Advanced platform learning curve
- No crypto trading
T
TradeStation
Best for Professionals
4.7/5
•120,000 traders chose this brokerTrust score:94/100
•Experience:40 years
Trading fees
$0 for stocks and ETFs
Min deposit
$0
Platforms
TradeStation Desktop, Web Trading, Mobile App
Regulation
SEC, FINRA, SIPC
StocksETFsOptionsFuturesCryptoBonds
Advantages
- Professional-grade platform
- Advanced analysis tools
Disadvantages
- Learning curve
- Platform fees for small accounts