The top online discount broker in Canada is Credential Direct, according to a Fall 2008 survey conducted by rating firm Surviscor. This was Credential Directs fifth consecutive first-place finish in the overall and investor categories. Qtrade and BMO InvestorLine placed second and third in these categories in the Fall 2008 survey.
For traders, the top online discount broker was Disnat, part of the Desjardins Group. It was followed by E*Trade and TD Waterhouse.
The Surviscor online brokerage analysisfocuses on online features and functionality offered by firms in Canada using seven categories, notes Surviscor. The seven categories are: 1) Getting Started Public Site Review, 2) Design and Help Features, 3) Customer Interaction, 4) Market Intelligence, 5) Trading, 6) Tools and Education, and 7) Commission and Fees.