Due to the proliferation of digitalization, being a financially-savvy Canadian expat living abroad poses no difficulties in the world of international investments– provided you invest with the right investment provider.
In this page, we will discuss:
- Top Investment Platforms for Canadian Expats
If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me (advice@adamfayed.com) or WhatsApp (+44-7393-450-837).
The best online investment platforms for Canadian expats are those that prioritize cost-effectiveness, convenience, access to a wide range of investment options, transparency, and control.
This allows investors to manage their investments efficiently and effectively from anywhere, anytime, and potentially at lower costs compared to traditional brokerage firms.
Top Investment Platforms for Canadian Expats
Interactive Brokers
When it comes to international investing, Interactive Brokers (IBKR) stands out as one of the best investment platforms for Canadian expats. You’ll have access to a vast array of financial instruments, including stocks, ETFs, options, futures, currencies, bonds, and more, spanning over 150 markets in 34 countries and 27 currencies.
IBKR‘s global market access, coupled with its tiered and highly competitive pricing structure, make it an attractive choice for serious investors seeking to diversify their portfolios worldwide.
IBKR’s trading platforms, such as the Trader Workstation (TWS) and the IBKR GlobalTrader mobile app, offer a wealth of advanced trading tools and analytical capabilities. From real-time market data and price comparisons to global stock screening and portfolio analysis, these platforms empower you to make informed investment decisions and stay on top of market trends.
Fidelity Investments
For Canadian expats looking to dip their toes into international investing, Fidelity Investments presents a user-friendly and accessible platform. While it may not offer the same depth of global market access as IBKR, Fidelity’s international trading capabilities, coupled with its research resources and customer support, make it an attractive choice for those new to cross-border investing.
Fidelity allows you to trade in 25 international markets, including countries such as Australia, Canada, Hong Kong, Singapore, Mexico, and various European nations. This breadth of market coverage provides ample opportunities for diversification and exposure to international growth opportunities.
Fidelity is renowned for its extensive research capabilities, and this extends to its international investing offerings. As a Canadian expat, you’ll have access to a wealth of global news, stock screeners, and in-depth research, empowering you to make informed investment decisions.
Charles Schwab
For Canadian expats seeking personalized support and guidance in their international investing endeavors, Charles Schwab stands out with its dedicated International Services Desk.
This specialized team of customer service representatives is available 24 hours a day, 5 days a week, providing you with the assistance and expertise you need to navigate the complexities of global markets.
Schwab offers two distinct paths for Canadian expats to access international markets. The standard Schwab brokerage account allows you to trade a wide range of international securities, including stocks and ADRs, in 30 global markets.
Alternatively, the Schwab Global Account provides direct access to 12 of the most significant foreign markets, offering a more streamlined and focused international trading experience.
moomoo
For Canadian expats with a specific interest in Chinese equities, the moomoo platform offers direct access to the Chinese A-shares market, as well as the Hong Kong stock exchange.
While moomoo’s asset selection may be more limited compared to the broader international platforms, it provides a specialized and streamlined experience for those focused on tapping into the growth potential of the Chinese markets.
Moomoo’s primary strength lies in its ability to provide Canadian expats with direct access to the Chinese A-shares market, which is typically dominated by domestic, state-owned enterprises.
While moomoo is a China-focused platform, it is accessible to both U.S. and international investors, including Canadian expats. This accessibility opens the door to the Chinese markets for a broader range of global investors.
Pained by financial indecision? Want to invest with Adam?
Adam is an internationally recognised author on financial matters, with over 760.2 million answer views on Quora.com, a widely sold book on Amazon, and a contributor on Forbes.
