Many traders in Canada use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Paper Trading App in Canada for 2026, based on our assessments.
The TradeZero International has its strengths and weaknesses, like any platform. However, TradeZero International is a simple and reliable solution for entering the global stock market.
Easy Equities is a broker for active and passive investors. The company provides optimal conditions for users regardless of their investment experience, and offers access to trading fractional shares and accounts for children under age.
Wealthsimple is a regulated broker whose activities are controlled by financial institutions: FCA, FSCS, and CIPF. The company's clients can invest in portfolios formed from two types of funds - ETFs and mutual funds. The portfolio is developed individually for each client for the Premium account type. The minimum amount required to invest in Wealthsimple portfolios is 1 British pound or Canadian dollar. Wealthsimple is a broker for passive investing whose services are available only to residents of Canada and Great Britain.
ADMIS is a professional trading broker that offers futures and options trading on the major US and global exchanges.
The Vanguard broker is aimed at investors with long-term strategies, not active traders.
1
Best Paper Apps in Canada - TradeZero International
TradeZero International is a Bahamian broker that provides its clients with access to the interbank market for stock trading. The platform allows you to trade limit orders for NYSE, Amex, and Nasdaq securities for free. Leverage, depending on the parameters of the order, ranges from 1:2 to 1:6. There are no templates for day trading. The broker has developed four trading platforms - ZeroPro (desktop), TZ1, ZeroFree (web), ZeroMobile, which make it possible to trade with maximum comfort, regardless of the level of the trader and his preferences. The platforms integrate technical analysis tools, news, and analytics. Recognized by leading industry awards for short selling, active trading technology, and paper trading. TradeZero has been named Best Brokerage for Short Selling at the Benzinga Fintech Awards for six consecutive years (2020–2025), along with the Chairman’s Award for Excellence in Active Trading Software for TZ1 in 2025 and Best Paper Trading Platform in 2024. In 2026, TradeZero was also named Best Broker for Short Selling (MEA) at the UF Awards.
👍 Advantages of trading with TradeZero International for traders in Canada :
•The broker allows you to trade all stocks that are listed on the NYSE, Amex, and Nasdaq exchanges.
•In addition to shares, trading in ETFs and options is available on objectively favorable terms.
•Limit orders greater than $1 and containing up to 200 shares are not subject to commission.
•The broker has proprietary software for working from a desktop, in a browser, and on a mobile device.
•Transparent pricing policy, fixed deposit/withdrawal commissions.
•No commissions on the first deposit.
•The broker provides an extensive pool of educational materials for traders of different levels.
•Fast technical support in live chat, and there is a multi-channel call center and email.
👎 Disadvantages of TradeZero International for traders in Canada:
•The minimum deposit is $500. It does not charge a commission, but this is a significant amount, which sometimes repels beginners.
•Technical support is not around the clock or on weekends.
•Service priority is given to premium accounts.
2
Best Paper Apps in Canada - Easy Equities
Easy Equities (EasyEquities) is a US stock broker providing financial services in the international market. The company opens access to South African, American and Australian markets and provides an opportunity to trade fractional shares. Investors can choose an individual or corporate account and there are also accounts for children. EasyEquities is a part of two licensed financial services companies — First World Trader and Purple Group.
👍 Advantages of trading with Easy Equities for traders in Canada :
•Demo accounts with two base currencies to choose from: USA and ZAR.
•Low trading commissions and zero non-trading fees.
•An account for children under age.
•No required minimum deposit amount.
•A possibility to invest independently or use investment offers of the broker.
•Residents of the majority of countries can open an account with the broker.
•Fractional shares are among trading instruments available to traders.
👎 Disadvantages of Easy Equities for traders in Canada:
•Deposit and withdrawal take several days.
•The broker offers very few methods of contacting customer support.
•There is no information about the authorities regulating the operation of Easy Equities.
3
Best Paper Apps in Canada - Wealthsimple
Wealthsimple is a robo-advisor (algorithmic trading robot) that was founded in 2014 in Canada and also provides services in the UK. It is regulated by the UK and Canadian Securities Commissions, including the FCA (747883) and IIROC, and participates in the Financial Services Compensation Scheme (FSCS) as well as the Canadian Investor Protection Fund (CIPF). Wealthsimple serves over 1 million investors and manages £3 billion of investments.
👍 Advantages of trading with Wealthsimple for traders in Canada :
•No minimum deposit requirements for the basic account.
•Top-notch security and regulation by reputable securities commissions and participation in compensation schemes.
•Ability to earn income passively, i.e., without having to actively trade yourself.
•No additional charges for account maintenance, deposit, withdrawal, and use of a mobile application.
•A simple principle for charging commissions for portfolio management is a fixed percentage of the deposited amount.
•Possibility to open accounts not only in pounds sterling but also in Canadian dollars.
•Detailed statistics on commissions and rebalancing of the formed portfolios, which are available in the personal cabinet on the website and in the mobile application.
👎 Disadvantages of Wealthsimple for traders in Canada:
•Registration is only available to UK and Canadian residents.
•The site does not have an online chat for prompt communication with the support team.
•The formation of an individual portfolio by an investment specialist is available when depositing £100,000 or more.
4
Best Paper Apps in Canada - ADMIS
ADM Investor Services — ADMIS — is an American Futures Commission Merchant (FCM) broker that provides execution and clearing services for trading futures and options contracts. In 1966, the company became a member of the Chicago Chamber of Commerce. ADMIS in the United States is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA 0000360). Five subsidiaries in Asia and Europe, as well as ADM Investor Services representative brokers, serve traders around the world.
👍 Advantages of trading with ADMIS for traders in Canada :
•The excellent reputation of the company in the USA and globally.
•A wide range of futures contracts in various industries.
•Membership in all major American and international futures exchanges.
•The company is officially regulated by US government commissions.
•The presence of an extensive network of representative brokers and subsidiaries, that gives the possibility to cooperate with ADMIS not only for residents of the United States.
•Free provision of in-depth analytics and high-quality research of the futures markets.
•The company offers many trading platforms that support professional analysis tools.
👎 Disadvantages of ADMIS for traders in Canada:
•Strict requirements regarding the minimal deposit.
•Additional non-trading commissions for the deposit and withdrawal of funds and the software provided.
•Absence of training, online chat, and demo accounts.
5
Best Paper Apps in Canada - Vanguard
Vanguard is a large investment holding company founded back in 1975. Its clients can invest in stocks, bonds, certificates, options, as well as exchange and investment funds of Vanguard and third-party companies. Private and institutional investors have access to financial planning advice, wealth management services, and retirement and savings accounts for education and tuition. Currently, more than 30 million clients from the United States and 23 other countries invest in stock market assets through Vanguard.
👍 Advantages of trading with Vanguard for traders in Canada :
•No minimum deposit on investment and retirement accounts.
•Low fees for mutual funds, zero fees for trading stocks and ETFs.
•FINRA regulation and participation in the SIPC insurance fund.
•The ability to trade with margin using funds borrowed from a broker.
•Broad geography of services because all investment products and services are available not only to US tax residents but also to traders from Europe and Asia.
•Availability of accounts for investment and financial planning with tax incentives.
•Top-notch tutorials for beginners and cutting-edge research tools for seasoned investors.
👎 Disadvantages of Vanguard for traders in Canada:
•Options fees are far cry from the lowest among US brokers.
•There is no online chat or chatbot on the official website. Also, no email is specified for sending emails.
•Clients do not have access to any bonuses and partner rewards.
Best Paper Trading App in Canada 2026: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
TradeZero International - Education for Investors
Investment Education Online
The broker’s website has a section with training materials, videos, and a detailed manual that can be downloaded in pdf format. There is also a FAQs section with basic information. Thus, the broker provides its clients with all the necessary information so that they can successfully invest in securities.
Paper trading: $1,000,000 virtual balance, 30 days free, real-time NASDAQ Basic and OPRA data, paper locates and pre-borrows, and access across all platforms. Get started in under one minute; access continues after funding. Named Benzinga’s Best Paper Trading Platform in 2024.
Easy Equities - Education for Investors
Investment Education Online
Easy Equities is a broker that provides investment opportunities to its clients regardless of whether they have experience or not. There is a section on the company’s website featuring educational materials that can help the beginners understand the basics of investing and provide additional information to the more experienced traders.
Users can test new trading strategies and their trading skills on free demo accounts. There are two virtual demo accounts: a USD account with a balance of $10,000, and ZAR account with ZAR 100,000.
Wealthsimple - Education for Investors
Investment Education Online
The training section on the Wealthsimple website is called Learn. It has three blocks: Investing Master Class, Magazine, Personal Finance 101. They provide information for newcomers to the stock market, as well as describe the advantages of investing with the help of a robo-advisor.
Managed portfolios provide automatic rebalancing, which saves investors from the need for detailed market research and constant in-depth analyses.
ADMIS - Education for Investors
Investment Education Online
There is no training section on the ADM Investor Services website. The broker is focused on professional market participants, so it is keen on providing quality analytics and market data, rather than educating newbies. Novice investors may find useful the information presented in the Special Offers block of the Market Information section.
Demo accounts are not available to the company’s clients, but everyone has the opportunity to request a demonstration of trading terminals to get acquainted with their selected interface.
Vanguard - Education for Investors
Investment Education Online
Vanguard has an Investor Education section that provides information on the basics of investing. Podcasts, research, and articles on securities trading, retirement, and financial planning can be found in the News and Perspectives section. Most of the tutorials are articles, but the site also has video tutorials.
In the Investor Education section, there is not only information for beginners, but also in-depth expert analysis and economic research for advanced traders.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Canada choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Paper Trading App in Canada 2026.
| TradeZero International | Easy Equities | Wealthsimple | ADMIS | Vanguard | |
|---|---|---|---|---|---|
|
Overall score |
5.05 |
5.65 |
9 |
5.52 |
6.82 |
|
Execution of orders |
4.79 |
5.44 |
8.7 |
5.29 |
6.59 |
|
Investment instruments |
5.4 |
5.9 |
9.3 |
5.7 |
7 |
|
Withdrawal speed |
4.9 |
5.5 |
9.1 |
5.4 |
6.7 |
|
Customer Support work |
5.2 |
5.8 |
8.9 |
5.7 |
7 |
|
Variety of instruments |
4.63 |
5.28 |
8.6 |
5.13 |
6.43 |
|
Trading platform |
5.4 |
6 |
9.4 |
5.9 |
7.2 |
|
|
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|
|
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FAQ
Do all brokers offer mobile apps for iOS and Android?
Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.
If a broker has several platforms, does it mean it offers several apps?
No. If a broker has several trading platforms, there is either an option to switch between them in the app, or only one trading platform is available (usually the proprietary one).
Are there versions of the apps for tablets?
In some cases, Forex brokers develop separate versions of apps for smartphones, tablets and even for TV sets.
How are the apps protected against unauthorized access?
As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
