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Finance Trio

Investing

Best Investment Apps

Commission structures, account types and research tools for new investors.

Last updated June 2026 · Fact-checked by the Finance Trio research desk

Advertising disclosure: we may earn a commission when you open an account through a link on this page. Rankings are determined by our published scoring model, not by compensation.

Our Top Pick
Editor's Choice
Best overall value
Highest user rating

At a glance

Comparison of top picks
ProviderAwardRatingPricingApply
Wealthsimple TradeWealthsimple · CanadaBest for beginners (Canada)4.6$0 commissions on stocks/ETFs
QuestradeQuestrade · CanadaBest full-featured (Canada)4.5$0 ETF buys; stocks from $4.95
FidelityFidelity Investments · USBest overall (US)4.8$0 stock/ETF trades
Charles SchwabCharles Schwab · USBest for long-term investors (US)4.7$0 stock/ETF trades

The picks in detail

  • Best for beginners (Canada)

    Wealthsimple Trade

    4.6

    Commission-free Canadian and US stocks with fractional shares.

    Pros

    • No commissions
    • Fractional shares
    • TFSA/RRSP/FHSA support

    Cons

    • 1.5% currency conversion fee
    • Limited research tools
  • Best full-featured (Canada)

    Questrade

    4.5

    Low-cost trading with every registered account type and strong tools.

    Pros

    • Free ETF purchases
    • All account types
    • USD accounts (Norbert's gambit)

    Cons

    • Inactivity fee under $1,000
    • Steeper learning curve
  • Best overall (US)

    Fidelity

    4.8

    Zero commissions, zero account fees, and best-in-class research.

    Pros

    • No payment for order flow on stocks
    • Excellent research
    • Fractional shares

    Cons

    • App can feel dense
    • No crypto trading in main app
  • Best for long-term investors (US)

    Charles Schwab

    4.7

    Full-service brokerage with $0 trades, great funds and 24/7 support.

    Pros

    • Strong fund lineup
    • Branch access
    • thinkorswim platform

    Cons

    • Fractional shares limited to S&P 500
    • Higher margin rates

Frequently asked questions

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