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.
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