Moomoo Takes Top Spot as Best ETF Trading Platform in Canada
Moomoo Technologies Inc. has emerged as the top choice for Canadians looking to buy US-listed ETFs, thanks to its $0 separate CAD/USD currency exchange fee.
The platform's ETF Screener and Morningstar ratings allow users to filter and research ETFs, while Moomoo AI provides market data and news in plain language.
Other platforms, such as Wealthsimple, offer automation features for new investors, but may introduce conversion terms that add costs. Questrade has a broad account lineup, including FHSA and RESP options, but its ETF screener is only available on the desktop version.
Interactive Brokers Canada offers a deeper trading platform with access to more markets, but comes with a steeper setup process, while National Bank Direct Brokerage combines self-directed investing with bank-owned familiarity.