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Monday, February 10, 2025
scorCard™ Reviews

2014 MoneySense Best Discount Brokerages Review

MoneySense magazine once again partnered with Surviscor to produce its second annual Best Canadian Discount Brokerages review. The study was conducted in March and April 2014 using the most recent Surviscor Canadian online brokerage data available to support the conclusions.

The 2014 review varied from the 2013 inaugural in that the review focused on key categories that represent the average user experience at each firm irregardless of the individual discount brokerage consumer profiles. The methodology and results were jointly produced by MoneySense and Surviscor. Below is a sample of some of the key categories along with the top firms in each.

MoneySense Brokerage Review

ACCOUNT OPENING PROCESS

Top Picks: BMO InvestorLine and Qtrade Investor

EASE OF USE

Top Picks: BMO InvestorLine and Scotia iTRADE

CUSTOMER SERVICE

Top Pick: Scotia iTRADE

REPORTING AND RECORDKEEPING

Top Picks: BMO InvestorLine and RBC Direct Investing

MARKET INTELLIGENCE

Top Picks: Qtrade Investor and TD Direct Investing

BANKING INTEGRATION

Top Picks: RBC Direct Investing and Scotia iTRADE

To view further information on the full MoneySense.ca review, click here

Magazine release: May 2014

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