Globe and mail best online brokerage
The Globe and Mail's annual "Best Online Brokerage" survey is a highly regarded and widely followed ranking of online brokerages in Canada. Here are the top 5 online brokerages in Canada, based on the Globe and Mail's 2022 survey:
- Questrade: Questrade is a popular online brokerage that offers a wide range of investment products, including stocks, ETFs, options, and mutual funds. It is known for its low fees, user-friendly platform, and excellent customer service.
- CIBC Investor's Edge: CIBC Investor's Edge is a online brokerage offered by the Canadian Imperial Bank of Commerce (CIBC). It offers a range of investment products, including stocks, ETFs, options, and mutual funds, and is known for its low fees and user-friendly platform.
- TD Direct Investing: TD Direct Investing is an online brokerage offered by the Toronto-Dominion Bank (TD). It offers a range of investment products, including stocks, ETFs, options, and mutual funds, and is known for its low fees and excellent customer service.
- National Bank Direct Brokerage: National Bank Direct Brokerage is an online brokerage offered by the National Bank of Canada. It offers a range of investment products, including stocks, ETFs, options, and mutual funds, and is known for its low fees and user-friendly platform.
- RBC Direct Investing: RBC Direct Investing is an online brokerage offered by the Royal Bank of Canada (RBC). It offers a range of investment products, including stocks, ETFs, options, and mutual funds, and is known for its low fees and excellent customer service.
The Globe and Mail's survey evaluates online brokerages based on several factors, including:
- Fees: The cost of buying and selling securities, as well as other fees such as account maintenance and trading fees.
- Investment products: The range of investment products offered, including stocks, ETFs, options, and mutual funds.
- Trading platform: The ease of use and functionality of the online trading platform.
- Customer service: The quality of customer service, including phone support, online chat, and email support.
- Research and education: The availability of research and educational resources, such as market analysis, news, and educational articles.
It's worth noting that the best online brokerage for you will depend on your individual needs and preferences. It's a good idea to do your own research and compare the features and fees of different online brokerages before making a decision.