The 20 best mobile investment applications in Canada
By Sophie Albo | Published on 02 Feb 2023
Over the past 10 years, we’ve seen the emergence of mobile applications designed to make the stock exchange more accessible to everyone, invading the App Store and Google Play. No matter your level of stock investing expertise, there’s an app for you! We’ve put together a list of the best apps on the market that every Canadian stock investor should have installed on their phone. Even if you’re satisfied with the service provided by your online broker, these apps are complimentary and have features that help you dive deeper, learn more and discover more investment opportunities.
Blossom
Blossom names itself a social investing network. Launched in May 2022, the app allows users to share real-time trades with other Canadian investors, as well as financial insights. It already boasts over 6,000 members, including YouTubers Brandon Beavis, Passive Income Investing, Robin Haney, and more. In the future, Blossom plans to become a fully-fledged stock trading platform, allowing people to gain advice from fellow investors before making the jump.
How much does it cost?
Blossom is completely free.
Number of stars
App Store: 4.7/5
Google Play: 4.4/5
Average: 4.55/5
Simply Wall St
Simply Wall St is a platform designed for independent investors who want a tool to help them monitor their stock portfolio. In Canada, Simply Wall St does not connect to any investment accounts except for Questrade, but you can enter your portfolio manually. The application stands out because of its filters that identify investment opportunities. It offers stock market data visualization tools to analyze stocks.
How much does it cost?
Simply Wall St has a free version that provides analysis of global markets, analysis of 10 companies, and the ability for you to add up to 6 companies in your investment portfolio. The premium plan costs $115 per year. It gives you the same functionality as the free version, but also unlimited business analytics, with no restriction on the number of portfolios connected. It also gives you ideas about stocks and other investments.
Number of stars
App Store: 3.7/5
Google Play: 3.6/5
Average: 3.65/5
Investing.com
Investing.com is a financial and stock market information platform. Topics covered include stock market news, cryptocurrencies, stock charts and financial analysis. This app provides data on over 100,000 financial instruments. It also gives you the ability to follow stock market indexes, stocks and interest rates. A financial calendar is available to make sure you don’t miss any important announcements that could influence the markets. The application also gives you the ability to create stock alerts. It is an essential educational tool for any investor and stock trader.
How much does it cost?
Investing.com is a completely free application. You can opt to pay for an ad-free premium subscription for $7 per month.
Number of stars
App Store: 4.7/5
Google Play: 4.6/5
Average: 4.65/5
MarketWatch
MarketWatch is an application that delivers financial and economic news to you. It gives you access to the latest market data, with videos and in-depth analysis. The application lets you view stock market data for stocks traded on major North American stock exchanges. MarketWatch also provides the latest economic and stock market news.
How much does it cost?
MarketWatch is a free application.
Number of stars
App Store: 4.7/5
Google Play: 4.5/5
Average: 4.6/5
VectorVest
VectorVest is an application that provides detailed analysis of the stocks you want on the stock market and your investment portfolio. The purpose of this app is to provide an all-in-one tool for investors to help them through their investing journey. The tools include a comprehensive analysis of the performance of the investment portfolio and an analysis of the stock market shares. VectorVest can analyze over 20,000 stocks traded on the stock exchange.
How much does it cost?
This app only has paid versions, with a basic plan that costs $69 per month and gives you access to yesterday’s analytics and forecasts as well as educational content. The “Enhanced” plan costs $89 per month, and gives you access to the most recent (within the last 15-minutes) market analysis and forecast, telephone customer support, and market analysis videos posted on a daily basis. Lastly, the “Premium” plan, which costs $129 per month, gives you access to real-time stock market analysis and forecasts, as well as other real-time stock trading tools.
Number of stars
App Store: 4.5/5
Google Play: 4/5
Average: 4.25/5
Seeking Alpha
Seeking Alpha is a mobile application that allows you to view stock news, analysis, and stock prices. It brings together millions of stock market investors, who use the app to discover and share new investing ideas, discuss financial news, and make better investment decisions. Seeking Alpha provides access to analytical tools such as charts and other visual data.
How much does it cost?
Seeking Alpha is available in free and paid versions. The free version includes financial market news with analysis, articles and investment strategies. The paid version includes even more expert investing ideas, stock valuations and more.
Number of stars
App Store: 4.7/5
Google Play: 4.5/5
Average: 4.6/5
Benzinga
Benzinga gives you access to financial news, trending topics, current market updates, and more financial content. With this application, you can also customize your alerts to receive notifications about the latest news to always stay at the heart of the stock market. The app provides all the information you need to become a successful stock investor. Benzinga offers two plans: A basic plan and an “Essential” plan. The basic plan provides all the functionalities mentioned above. The Essential plan offers the same features and more, such as stock market indicators to help you choose the best investment, an online chat system, and real-time data from NASDAQ.
How much does it cost?
The basic plan costs $99 per month and the Essential plan costs $199 per month.
Number of stars
App Store: 4.6/5
Average: 4.6/5
Wealthica
Wealthica is a Canadian portfolio monitoring application. This platform aggregates all your transactions and enables you to monitor your net worth. You can connect any investment account from a list of 100 financial institutions. You can also add your liabilities and assets like real estate, debts, or a mortgage. Wealthica syncs your financial profile daily to give you a complete overview of your finances. One of the application’s unique features is that it allows you to group your family investments and share their performance with your loved ones.
How much does it cost?
Wealthica has a free version, but many of its features are offered as premium enhancements.
Number of stars
App Store: 4.7/5
Google Play: 4.5/5
Average: 4.6/5
Investmate
Investmate is an educational application focussing on stock market investments. It offers lessons, advice, quizzes, a dictionary and more. This app teaches you everything there is to know when you want to start investing in the stock market. Investmate thus provides you with courses according to your needs and your level of knowledge.
How much does it cost?
Investmate is an entirely free application.
Number of stars
App Store: 4.8/5
Google Play: 4.7/5
Average: 4.75/5
Bloomberg
The Bloomberg app is a must-have news app for everything related to the stock market, finance, and economy. It includes global stock market indexes as well as videos and stock and financial analyses. You can customize the application to receive alerts when your stock market investments fluctuate.
How much does it cost?
Bloomberg is an entirely free application.
Number of stars
App Store: 4.6/5
Google Play: 4.2/5
Average: 4.4/5
BNN Bloomberg
This is the only Canadian television channel’s mobile application devoted entirely to the country’s stock and financial news. BNN Bloomberg keeps you up to date with Canadian stock market and financial news, and features video clips of interviews broadcast on the financial news channel.
How much does it cost?
BNN Bloomberg is an entirely free application.
Number of stars
App Store: 4.3/5
Google Play: 2.9/5
Average: 3.6/5
Yahoo Finance
Yahoo Finance provides financial news and financial data. The mobile application also allows you to monitor your stock portfolio as long as you manually enter your investments. Yahoo Finance also offers tools that help you price stocks with interactive charts.
How much does it cost?
Yahoo Finance is an entirely free application.
Number of stars
App Store: 4.7/5
Google Play: 4.2/5
Average: 4.45/5
The Wall Street Journal
This is the mobile app for the prestigious Wall Street Journal, the largest business daily in the United States, and is another leading source of financial and stock market information. The Wall Street Journal is renowned for its articles about the stock market, finance, economics, and US politics. The application gives you access to the various international editions for each market, like Europe, Asia, the US, etc. The mobile application features a news page, as well as personalized notifications and alerts according to your interests.
How much does it cost?
To access Wall Street Journal content, you must subscribe at a cost of $12.97 CAD per month.
Number of stars
App Store: 4.7/5
Google Play: 4.5/5
Average: 4.6/5
Stocktwits
Stocktwits is the Twitter of stock market apps. Its social media format allows users to post short comments related to the stock market on their newsfeeds. This app serves as a sharing and exchange platform for stock market investors. It helps you gain insight into the opinions of stock market investors from all over the world, in real time.
How much does it cost?
Stocktwits is an entirely free application.
Number of stars
App Store: 4.7/5
Google Play: 4.2/5
Average: 4.45/5
CNBC
This is the mobile application for the US financial news channel CNBC, enabling you to read news about all areas of the business world and the stock market. This app also lets you create a stock watch list, view stock prices and watch to videos from CNBC’s programming. The app also lets you select your favourite topics, and save articles for later.
How much does it cost?
CNBC is a free app, but offers even more exclusive content on its “CNBC pro” version, which you can buy for $299.99 per year or $29.99 per month.
Number of stars
App Stor: 4.7/5
Google Play: 4.5/5
Average: 4.6/5
Stockchase
Stockchase is an app that allows you to follow the opinions and recommendations of experts on Canadian stocks. By browsing the app, you can easily add stocks and ETFs to your watchlist. It is a perfect application to discover new investment opportunities.
How much does it cost?
Stockchase has a free version and a paid version costing $8.25 CAD per month. The paid version of Stockchase provides access to exclusive content such as a full history of expert recommendations, and a daily newsletter with the current day’s investment recommendations.
Number of stars
App Store: 2/5
Google Play: N/A
Average: 2/5
Wealthbase
Wealthbase is a stock market simulation game. You can invite your friends to challenge you. The mobile app gives you to $100,000 in virtual money to build your own investment portfolio, into which you can add stocks, exchange-traded funds and cryptocurrency. You can then track your investments, see how they are performing over time, and compare your returns with your friends. Wealthbase is a perfect app for anyone new to stock investing. You can access Wealthbase through their website and mobile app.
How much does it cost?
Wealthbase is an entirely free application.
Number of stars
App Store: 4.7/5
Google Play: N.A/5
Average: 4.7/5
Invstr
Invstr is a stock market simulation game. It is an educational and interactive tool for teaching young people how to invest their money. It blends the social and educational side to break down the barriers of finance and investment. This game gives you a virtual portfolio of $1,000,000 to manage. You can invite your friends to play with you and win prizes. This app provides investment education resources such as podcasts, blog posts, and lastly, interactive courses through the “Invstr Academy”.
How much does it cost?
Invstr is an entirely free application.
Number of stars
App Store: 4.5/5
Google Play: 4/5
Average: 4.25/5
Best Brokers
Best Brokers is a mobile app designed to help you learn how to invest in the stock market in a fun, easy, and risk-free way. With this app, you will learn how the stock market works by playing games and taking advantage of the included educational resources. This game allows you to trade virtual stocks and earn virtual returns. Best Brokers also lets you to play online with other users and compare your investments. This app has a social aspect, with an instant messaging platform through which you can exchange investment strategies with your friends.
How much does it cost?
Best Brokers is an entirely free application.
Number of stars
App Store: 4.5/5
Google Play: 4.4/5
Average: 4.45/5
The Coffee Inc.
The Coffee Inc. is an entrepreneurial simulation game, which lets you build a chain of cafés from scratch until their IPO. Your role is to launch your café, manage your products, hire employees, and expand your chain across five cities. This game shows you how to build your virtual business in a very realistic way, with the ability to borrow money from the bank, invest in real estate and buy out other businesses.
How much does it cost?
The Coffee Inc. costs $1.99 to download.
Number of stars
App Store: 4.6/5
Average: 4.6/5
