Investing Apps & Platforms
Resources
Investing apps in canada is an excellent way to increase your income. The trick is to find the right place to do it. Some people avoid investing because they believe they have to have a large amount of money to start, but there are actually many places Canadians can go to get started.
These include online brokerages, robo-advisors and micro-investing apps. Online brokerages allow you to buy and sell stocks, bonds and other securities using an online platform. These are generally known for their low trading fees and advanced tools for market analysis. Robo-advisors are automated investment services that use algorithms to manage a diversified portfolio based on your risk tolerance and financial goals. These are known for their low fees and minimal human intervention.
Investing Apps in Canada: Where to Start Your Journey
Micro-investing apps are designed to give you a chance to start small and watch your savings grow. These are a good option for young investors and those with limited financial experience.
In the last couple of years, retail investing apps & platforms have exploded in popularity. There are now more ways than ever to invest on your smartphone – and with more options comes the challenge of choosing the best one for you. To help, our finance & trading experts have trialled the best investing apps in canada and ranked them according to a number of criteria including cost, range of assets available, trading fees and user experience. This helps you compare and choose the perfect app for your needs.