Best Canadian Online Brokers Review

The Best Online Broker Review represents a consolidation of all the individual Surviscor Online Brokerage Experience reviews. The review provides a detailed ranking of the Best and Worst Online Brokers in Canada based on Surviscor's Four Cornerstone Experiences of a complete overall online self-directed brokerage experience and investing journey.

The Latest Rankings

For 2022, Surviscor has taken the approach of returning its all-encompassing review branding back to Online Broker, the most reliable search term that resonates with investors and consumers, but not to be used in the same narrow focus of many internet writers and press narratives. The Surviscor Best Online Broker Review centers around the complete investor picture no matter what device or platform is used with the overall goal to educate Canadian investors on the various platforms, products, service, and pricing experiences required to make informed partner decisions. #CornerstoneInvestingExperiences
2022 Rank Brokerage Firm Peer Experience Score Full Company Analysis
1 TD Direct Investing 75 % See Likes & Dislikes
2 Desjardins Online Brokerage 74 % See Likes & Dislikes
3 National Bank Direct Brokerage 71 % See Likes & Dislikes
3 Qtrade Direct Investing 71 % See Likes & Dislikes
5 Questrade 70 % See Likes & Dislikes
6 RBC Direct Investing 64 % See Likes & Dislikes
7 CIBC Investor's Edge 58 % See Likes & Dislikes
8 Scotia iTRADE 56 % See Likes & Dislikes
8 BMO InvestorLine 56 % See Likes & Dislikes
10 CI Direct Trading 55 % See Likes & Dislikes
10 Interactive Brokers Canada 55 % See Likes & Dislikes
12 CG Direct 49 % See Likes & Dislikes
13 Wealthsimple Trade 46 % See Likes & Dislikes
14 HSBC InvestDirect 44 % See Likes & Dislikes
15 Laurentian Bank Discount Brokerage 31 % See Likes & Dislikes

Four Cornerstone Experiences

The Best Online Brokerage Review explores the four individual Surviscor Experience Reviews which make up the review categories, each weighted according to industry-defined importance, for an overall maximum score of 100.

Online Platform Experience

The online platform category explores a typical desktop investor experience, including both the pre-login and login areas.

Service Experiences

Mobile Platform Experience

Commissions & Fees Experience

What we Measure and The Deep Dive that Differentiates.

# of Questions

The questions form the basis for each analysis and represent the lowest level of features surrounding the functionality under each review. Binary questions are used to replicate the various actions an actual DIY investor would perform when using a self-directed platform.

# of Criteria

The criteria represent the various sub-categories in each of the four reviews to form the ‘experiences’ or usability encountered by a DIY investor on a self-directed platform.

# of Sub-Categories

The sub-categories represent the various categories in each of the four reviews and are assigned weightings according to the importance the group of experiences contributes within its category.

# of Categories

The categories are the completed individual Surviscor Brokerage Experience Reviews, each weighted according to industry-defined importance to a COMPLETE DIY investing digital journey.

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