Stock trading is increasing day by day, and everyone needs an application that can help them. The main reason for this demand is to trade it from your phone. So, you can now install an application to trade your stocks from your smartphone easily. Here are five of the best stock trading Apps that you can install, use, and trade from them. But, the very first question is which one is suitable for you. However, these five apps are the best ones, and you can use any of them according to your need.
The five best stock trading Apps in Canada are:
- AvaTrade
- Oanda
- Interactive Brokers
- Forex.com
- CMC Markets
So, these are the apps that we highly recommend you because thousands of people are using them, and they are satisfied. That’s why I have selected them for you to trade your stocks through an app easily.
1- AvaTrade:
This is the best application for everyone because it provides you all the data you need. It has been working in Canada since 2006 on Android and iOS. The privacy policy is so strong that you can trade without any tension.
The best part of AvaTrade is that you can trade heavyweight companies like Facebook, Tesla, and Netflix. In short, this fantastic app has all the excellent features you need in your daily work routine.
2- Oanda:
Oanda is the most popular app in Canada, and it is used in more than 196 countries for trading. IIROC licenses the safety of this app, and you can trade anything without any worry.
It doesn’t allow you to trade individually, but you can choose from a buy and sell position on each trade, as well as apply leverage. Oanda is user-friendly and provides you two types of different plans.
The first one is an account type that is beneficial for low-level traders. The second is to opt for the other count type to pay a little bit of commission, but you’ll also get more benefits.
3- Interactive Broker:
The platform worked from 1978 in different countries and provided benefits. This application gives you every type of financial instrument. This covers stocks, ForexForex, ETFs, bonds, options, futures, and more.
The best part of Broker is you can buy and sell stock from different domestic and international exchanges. That’s why people love to use it because of its global trading.
On the other hand, this is the best and user-friendly app where you don’t need a debit and credit card. Once you set up all the things, you are allowed to use only bank transfers. If you want to start it, you have to pay low fees of 0.005% per share.
4- Forex.com:
This is the app that allows you to trade online currency as well as other assets. You can trade more than 45,000 stocks by clicking one button. This will enable you to diversify across several marketplaces – subsequently ensuring that there is always a trading opportunity on the horizon.
When it comes to the fees, the Forex charges are 1.8 cents per share which is very reasonable and competitive. On the other hand, you don’t need to deposit at the starting. You can quickly deposit your funds through PayPal, debit card, or credit card.
5- CMC Market:
If you want to research stock trading charts on your phone, nothing will work better than this app. It is designed according to the traders’ needs; that’s why it perfectly works on your smartphone.
You are allowed to customize your dashboard and set it according to your need. This app ensures you can place buy and sell orders on the move – no matter where you are located.
When it comes to fees, it depends upon the stock market you want to trade. If you are selling Canadian stock, the commission will be 1 cent per share. This is a lower commission than others, and it supported 9400 stocks. So, in short, it is a good option for you in technical analysis.
You can visit this link if you want to explore the new world of free stock trading in Canada. You don’t need to worry about their privacy because all of them are highly safe. You need to choose one of them for your work.
Conclusion:
These are the best apps you can use while living in Canada. You can easily install it from the play store and register yourself for easy trading. It depends on your choice which one is suitable for you and your needs. But, the main thing is all of them are safe and user-friendly. You can now trade your stock with one click by using these five best Stock Trading Apps In Canada.
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