Canadians living in all provinces and territories except for Quebec can use MogoTrade (though expanding to Quebec is in our roadmap!). In order to use Mogo products, all eligible members must complete an ID verification process so we can be sure that you are who you say you are. Then, you’re off to the races.

Right now, MogoTrade offers three types of investment accounts. There’s the Registered Retirement Savings Plan (RRSP) account, which is a tax-deferred investment account; the Tax Free Savings Accounts (TFSA), which is a tax-free investment account; and the Personal Investment Account, which will require you to pay tax on any capital gains earned.

You can trade thousands of publicly-traded common stocks and exchange traded funds (ETFs) on the NASDAQ, TSX, TSX-V, BATS Exchange, and NYSE. And trading on NEO and CSE is coming soon.

Not yet, but we’re working on adding this feature in a future app release. Stay tuned!

You can fund your account up to $3,000 instantly using Interac E-Transfer Requests, and we’re working to make larger deposit amounts available, too.

We always do our best to share receipts and show our work, because we believe it's important that consumers are able to hold corporations accountable for the promises they make. So we put together a live tracker that allows you to stay updated on the amount of trees planted and CO2 removed by the Mogo community. We're not about making small changes, we want to create a real impact, and carbon removal is increasingly regarded as an essential tool in the fight against climate change. When you invest with MogoTrade, you join a community of nearly 2 million MogoMembers making a positive social impact by spending with the MogoCard, investing with MogoTrade, referring friends and more. Click here to see your impact with Mogo and MogoTrade. If you have more questions, don't hesitate to reach out via email, social media, or on our Discord channel and a member of our team will get you the answers you need.

MogoTrade is very different from other trading apps. We offer a combination of super powerful tools (that most companies charge a premium for), all at no cost to you. And your investments have a positive social impact, for free. With MogoTrade, you get:

Unlimited commission-free trading – MogoTrade is the second ever trading app in Canada that is truly commission-free, with no limits. No cap at 50 trades per year. Every trade is zero-commission.

Low FX Fees – one of the complaints we’ve seen in the marketplace is high FX fees. That’s why we're launching with one of the lowest FX fees in the market today at only 0.75%. That’s less than half of what some of our competitors charge.

Impact – we live in a world where Environmental, Social, Governance (ESG) investing and Socially Responsible Investing (SRI) is increasingly important. Investors and traders don’t just want to make money, they want to help make the world a better place. Those people realize that our money, and where we invest it, can have a big impact on the biggest social issues we face including climate change. With MogoTrade, every investment you make also helps stop the biggest social issue we face, climate change, by helping replant forests both in Canada and across the planet.

Free live-streaming prices – MogoTrade is the only trading app to offer free live-streaming stock prices in addition to unlimited commission-free trading, so you can invest using the most up-to-date information available at no extra cost to you.

We believe all Canadians could benefit from engaging in both self-directed, active trading and automated, passive investing. But what you do first depends on your financial goals and circumstances.

If you’re looking to grow wealth over time using fully-managed, diversified, growth-optimized portfolios, our automated investing app Moka could be just the thing for you. For a low flat fee of $3.99/month, Moka gets you access to a personalized investment portfolio which is managed by a dedicated portfolio manager and regularly rebalanced to keep your money growing efficiently. In Moka’s growth-optimized portfolios, big companies like Apple and Tesla can still make up part of your investment portfolio—without the need for regular active trading.

If you’re excited to try active stock trading, MogoTrade is the app for you. With MogoTrade, you’ll take an active role in building your wealth by doing your own research and making investment decisions in buying and selling stocks of your choice on a variety of exchanges.

We believe a well-rounded, holistic financial plan has room for both of these strategies. If you’re unsure about which is right for you, we’d encourage you to do independent research or speak with an expert about your goals.

MogoTrade is on a mission to democratize the world of trading so everyone can build wealth by investing with impact. Part of that means keeping our platform affordable for Canadians to use. For that reason, we don’t charge commission fees, monthly account fees, or subscription fees.

So how do we make money? We charge a low 0.75% FX fee on USD trades made on MogoTrade. And that 0.75% is less than half of what some of our competition charges.

That revenue source is also how we fund tree planting initiatives. This means that we take a slimmer profit than we could—but doing so allows us to have a measurable social impact, build a community of like-minded users, and collectively make the world a better place to live.

We believe it is the responsibility of corporations and individuals alike to fight back against the status quo to create a more equitable, sustainable world. As consumers, you have the power to change our world by supporting companies whose values align with your own. By supporting companies like ours, you’re showing your commitment to creating a better future, which will encourage other companies, individuals, and governments to do the same.