Investment app canada has never been more accessible for Canadians. New investment apps allow people to use whatever savings they have to make small investments on a regular basis, often starting with as little as $5 per month. And while these smaller investment amounts may not yield as large returns as larger investments, they will still grow over time.

Most investing apps offer some level of online trading, and some support RRSPs, TFSAs and RESPs. Some also integrate with TD Bank accounts for convenience. However, many of the best apps focus on micro-investing and include features like roundups to automatically invest your spare change (and lower your costs). Other features of these apps include socially responsible investing, low fees and automated portfolio management (robo-advisers which pick investments – often ETFs – and buy and sell on your behalf can be considered a subset of this category).

Investment App Canada: How to Choose the Best One

TD Easy Trade is an excellent app for beginner investors, offering 50 free stock trades each year plus unlimited TD ETF trades. The TD app also offers advanced tools and features including real-time snap quotesLegal Disclaimer footnote3 for the major North American stock exchanges, consolidated charts to view all your accounts, customizable alerts and more. Questrade is another good option for beginner investors, offering competitive pricing and a wide range of stocks and ETFs to choose from. And for those who are interested in trading cryptocurrency, CoinSmart Canada is a great option that provides a seamless experience with 16+ different cryptocurrencies.