Greatest on-line brokers in Canada for 2025

Corporations that ranked exterior of the highest 10 with 0 factors scored:

Corporations that didn’t make the assessment lower, however have evaluations by Surviscor:

Be aware: The takeover of Laurentian Financial institution Low cost Brokerage (LBDB) by CI Direct Buying and selling was finalized in late November 2024, bringing a long-overdue finish to what has been some of the constantly poor on-line brokerage experiences in Canada. For almost twenty years, LBDB ranked at or close to the underside of each significant measure. 

Sadly, for the few remaining purchasers who could have hoped for a recent begin, the end result is extra of the identical—they’ve gone from 2024’s worst platform to 2025’s worst. When you’re nonetheless holding out, it is perhaps time to maneuver on.

On-line investing in Canada

We’re residing in a brand new period of uncertainty. Tariff tensions, financial instability and shifting international markets are all making it more durable for buyers in Canada to really feel assured about their subsequent transfer. However with uncertainty comes alternative. For a lot of Canadian self-directed buyers, this setting has led to elevated buying and selling exercise, as folks look to take management of their portfolios and react in actual time. On-line brokerages are seeing increased buying and selling volumes, and that makes the standard of your platform—and the help behind it—extra vital than ever.

Now in its thirteenth yr, our annual rating of Canada’s finest on-line brokerages continues to do what we’ve at all times executed: lower by way of the noise to assist Canadian buyers—particularly self-directed newcomers—make smarter, extra assured choices. The objective isn’t simply to point out who’s profitable the recognition contest, however to highlight the platforms that really ship on the expertise, schooling and help buyers must succeed. 

This yr’s findings reveal a mixture of stability on the high and refined shifts throughout the broader panorama—vital modifications for buyers who care about extra than simply slick apps and catchy headlines. One other agency entered the zero-commission area with a splash, solidifying its already stable declare at primary, whereas all suppliers nonetheless declare to be one of the best for the extremely coveted new investor. 

When you look previous the floor, you’ll see that not all platforms are shifting ahead. Some companies are doubling down on advertising and marketing as an alternative of platform growth. Others are quietly scaling again instruments or service entry. Whereas the race to win over new buyers is on, seasoned buyers—lots of whom helped construct these companies—danger being left behind.

That’s why this rating exists. Whether or not you’re opening your first account or questioning in case your present agency nonetheless meets your wants, you deserve the complete story. Selecting a web based brokerage is about greater than selecting the one with the bottom charges or flashiest advert. It’s about discovering a companion that aligns along with your investing model, helps your studying, and earns your belief over time. The truth is that self-directed investing isn’t at all times easy (because the adverts usually promise), and any platform that means in any other case is promoting you on ease, not readiness.So, whether or not you’re a rookie exploring opening your first brokerage account or a seasoned investor questioning if there’s a greater match on the market, this information is designed with you in thoughts. Under you’ll discover the top-ranked companies in Canada for 2025, damaged down not simply by total rating, however by what issues most to you: platform choice, investor sort and agency possession mannequin. And if there’s one factor we’ve discovered yr after yr, it’s this: one of the best investing expertise begins with the best companion. Let’s discover yours.

High 3 on-line brokers in Canada

Right here’s a better have a look at the highest three total winners.