There are many great investment apps to choose from, which will depend on your needs and goals. You can go with a hands-off approach where your money is invested for you, such as the popular Wealthsimple or Moka, or with an online trading app such as Questrade or CIBC Investor’s Edge.

The canadian Investment App Guide will be easy to use and offer competitive pricing. Look for low trading commissions (Questrade charges $4.95 per trade, for example) and management fees on investment accounts of 0.25 – 0.5% (Walthsimple Portfolios). You should also consider whether you will be charged a currency conversion fee when buying or selling assets in another country.

Lastly, make sure the investing app you choose integrates with your bank account for convenience and ease of use. This will save you time and money when transferring funds between accounts.

The Ultimate Canadian Guide to Investment Apps

Some investment apps are geared towards specific demographics, such as young millennials or investors with minimal budgets. Micro-investing apps like WealthSimple and Moka are a good choice for novice investors, as they allow you to invest small amounts of money and are very hands-off.

Other investment apps are more advanced and are designed for experienced investors. TD Investors Edge, for example, offers a rich mobile platform that allows you to trade U.S. and Canadian stocks, ETFs, mutual funds, GICs, options, and bonds all from one place. It also integrates with your TD Bank account for seamless banking and investing. You can even access advanced platforms like WebBroker and thinkorswim for in-depth market analysis.