Best Scotia iTRADE Alternatives ranked by AI · updated Aug 2026

✅ Update queued — the AI is re-ranking this list. The page will refresh shortly.

This page is already up to date.

Scotia iTRADE is a Canadian self-directed investing platform for investors who want to trade stocks, ETFs, mutual funds, options and other securities. It provides research, screening tools, registered accounts and access to Scotiabank's broader financial ecosystem.

Developer: Scotiabank Price: From $9.99/trade; ETF commissions may be $0 🎯 scotiaitrade.com/en/home.html

💰 Investing 💹 Stocks canada etfs online brokerage

Top 6 Scotia iTRADE alternatives

Questrade

💡 Pick it for lower stock and ETF commissions with broader trading tools and account types.

Questrade is a Canadian online brokerage platform that offers trading in stocks, options, and ETFs.

Varies

Alternatives to Questrade → Visit site

Wealthsimple

💡 Pick it for the simplest mobile experience and commission-free stock and ETF trading.

Wealthsimple is an online investment management service that offers a range of diversified portfolios.

Pros

Low fees for larger portfolios
Socially responsible investment options

Cons

Higher fees for smaller portfolios
No direct indexing or tax-loss harvesting

Management fee of 0.4% - 0.5%

Alternatives to Wealthsimple →

TD Direct Investing

💡 Pick it for bank integration, deep research and a full range of self-directed investment products.

TD Direct Investing is an online brokerage platform by TD Bank offering a range of investment options.

Pros

Access to a wide range of investment options
Advanced research tools
Excellent customer service

Cons

Higher trading fees compared to discount brokers
Minimum account balance required for certain features
Complex trading platforms

Varies

Alternatives to TD Direct Investin... →

BMO InvestorLine

BMO Financial Group

💡 Pick it for BMO integration, bank-brokerage research and competitive ETF trading.

BMO InvestorLine is a Canadian online brokerage for self-directed investors trading equities, ETFs, mutual funds, options and fixed-income securities. It offers research...

Pros

Broad investment and registered-account support
Competitive ETF pricing compared with traditional bank brokerages
Useful portfolio analytics and BMO research resources

Cons

Standard equity commissions remain higher than zero-commission brokers
Trading interface is less approachable than Wealthsimple's
Best-value pricing can depend on account balance and activity

From $9.95/trade; ETF commissions may be $0

Alternatives to BMO InvestorLine → Visit site

RBC Direct Investing

Royal Bank of Canada

💡 Pick it if you bank with RBC and want a full-service self-directed brokerage with broad account coverage.

RBC Direct Investing is a Canadian self-directed brokerage supporting stocks, ETFs, options, mutual funds, fixed income and registered accounts. It provides research,...

Pros

Wide range of investment products and account types
Convenient integration for existing RBC banking customers
More complete research and portfolio reporting than basic mobile brokers

Cons

Higher standard commissions than Wealthsimple and Questrade
Platform is less modern than newer digital brokerages
Some features and fee savings depend on RBC relationship or account activity

From $9.95/trade; ETF commissions may be $0

Alternatives to RBC Direct Investi... → Visit site

National Bank Direct Brokerage

National Bank of Canada

💡 Pick it for zero online stock and ETF commissions while retaining advanced brokerage account support.

National Bank Direct Brokerage is a Canadian online brokerage for self-directed trading in stocks, ETFs, options, mutual funds and fixed-income products. It...

Pros

Zero online commissions for stocks and ETFs can undercut Scotia iTRADE substantially
Supports advanced accounts and a wide range of securities
Strong fit for frequent Canadian equity and ETF investors