Top Canadian Investment Apps For Beginners
TD Direct Investing is a top Canadian investment app for beginner investors. This app from one of Canada’s biggest banks combines world-class market research tools with a simple user interface. It also integrates with your bank accounts, making it easier to keep on top of your investments and everyday finances. Plus, it offers low trading fees and great educational resources.Read more :theinvestorscentre.com
We’ve narrowed down the best investment apps in Canada based on several factors, including: customer support, reputation, and features. We prioritized apps that have responsive and knowledgeable teams, and offer multiple ways to contact them. We also looked for streamlined processes, clear pricing structures and fees, and beginner-friendly features like robo-advisors and digital platforms.
Robo-Advisors
Among Canadian robo-advisors, Wealthsimple stands out for its simplicity and ease of use. The team behind this app works hard to ensure that its users can access financial tools and information without overwhelming them. The firm’s investment process is transparent and straightforward, with low account minimums, and no fees for RRSP, TFSA, RESP, and LIRA accounts. It also offers a selection of professionally managed portfolios with different risk tolerances, and rebalances them regularly. They also have a solid track record of compliance with regulators, and use two-factor authentication to secure your accounts.