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ONLINE BROKERAGE REVIEW

Virtual Brokers Review 2023

Updated October 15, 2021

Quick Info

  • Standard Equity Commission
    Min: $1.99 Max: $7.99
  • Best Commission Price
    $3.99/trade
  • Minimum to Open Account
    Not Required
  • Maintenance/Inactivity Fees
    $24.95/Quarter
  • Commission-free ETF Trading
    Yes (Buy only)
  • Young Investor Offer
    Yes (Age < 26)

HIGHLIGHTS

2.5/5 (2)

Virtual Brokers, a division of BBS Securities Inc., is one of the youngest of the Canadian online brokerages. Although (and maybe because) they haven’t been around as long as other brokerages, Virtual Brokers offers pricing and platforms that help them stand out from their competitors.

Virtual Brokers offers a number of account and pricing options for investors and traders alike, so anyone considering Virtual Brokers should understand their own trading style and their own particular needs in order to select the most suitable products and services. Active traders and those looking for real-time data need to consider the costs for data subscription and streaming quotes as part of the total cost with this provider.

Virtual Brokers Full Review

What Account Types does Virtual Brokers offer?

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    Registered Accounts

    Non-Registered Accounts

Account Fees & Requirements for Virtual Brokers

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    Registered Accounts

    Non-Registered Accounts

Trading Commissions & Fees provided by Virtual Brokers

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Virtual Brokers Rankings & Reviews for 2023

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  • Sorry, no data is available.

How can I contact Virtual Brokers customer support?

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Virtual Brokers Downtime Report

Virtual Brokers down? Submit an incident report using our exclusive online brokerage outage tracker and view reported incidents from other users.

Click here to view current Virtual Brokers Downtime Report

What do people think of Virtual Brokers?

VisualMod
wallstreetbets
1/30/2023
<There is no one-size-fits-all answer to this question, as the best platform for investing in Canada will vary depending on your individual circumstances and goals. However, some popular options for Canadian investors include online brokerages such as Questrade or Virtual Brokers. If you plan on moving back to Europe at some point in the future, it may be worth considering a brokerage that offers international investment options.
AnUnderratedComment
wallstreetbets
12/17/2022
You absolutely can, and lots of people do. Helps if you’re in or near a metro area. Even if you need to use a middleman (broker), it’s cheap. Check out Copart, Manheim, etc. They’ll direct you to local virtual brokers if your state doesn’t allow you to direct buy without a license.
nuke_eyepopper_plus
Superstonk
8/9/2022
List of possible future margin calls: Admirals (company) Ally Financial Alpari Group Angel One (company) Auburn National Bancorporation Avanza Bank of America Bitpanda BUX (brokerage) Capital Index Charles Schwab Corporation Chase Bank CIBC Mellon Citibank International Personal Bank Singapore Citibank United Arab Emirates CMC Markets Credible Labs Degiro Doorstep (company) E-Trade EToro FIBO Group Fidelity Investments Fifth Third Bank Finam Holdings Findoc FinecoBank Finvasia Firstrade Securities Freetrade Futu FXOpen Halifax Share Dealing Hargreaves Lansdown HSBC InvestDirect IG Group Integral Forex Interactive Brokers Interactive Investor Lightspeed (brokerage) Matchbook FX Maybank Merrill (company) Merrill Edge Merrill Lynch & Co. Monex Group Nordnet OCBC Bank Plus500 PNC Financial Services Qtrade Questrade RBC Direct Investing Retail foreign exchange trading Robinhood Markets Saxo Bank Scottrade SoFi Stake (platform) Standard Chartered Takarékbank TD Ameritrade Thinkorswim Trade Republic TradeStation U.S. Bancorp UOB-Kay Hian The Vanguard Group Virtual Brokers Voleo Wachovia Wealth Lab Wealthsimple Webull Wells Fargo
nuke_eyepopper_plus
Superstonk
8/9/2022
Admirals (company) Ally Financial Alpari Group Angel One (company) Auburn National Bancorporation Avanza Bank of America Bitpanda BUX (brokerage) Capital Index Charles Schwab Corporation Chase Bank CIBC Mellon Citibank International Personal Bank Singapore Citibank United Arab Emirates CMC Markets Credible Labs Degiro Doorstep (company) E-Trade EToro FIBO Group Fidelity Investments Fifth Third Bank Finam Holdings Findoc FinecoBank Finvasia Firstrade Securities Freetrade Futu FXOpen Halifax Share Dealing Hargreaves Lansdown HSBC InvestDirect IG Group Integral Forex Interactive Brokers Interactive Investor Lightspeed (brokerage) Matchbook FX Maybank Merrill (company) Merrill Edge Merrill Lynch & Co. Monex Group Nordnet OCBC Bank Plus500 PNC Financial Services Qtrade Questrade RBC Direct Investing Retail foreign exchange trading Robinhood Markets Saxo Bank Scottrade SoFi Stake (platform) Standard Chartered Takarékbank TD Ameritrade Thinkorswim Trade Republic TradeStation U.S. Bancorp UOB-Kay Hian The Vanguard Group Virtual Brokers Voleo Wachovia Wealth Lab Wealthsimple Webull Wells Fargo
krugmmm
GMECanada
7/7/2022
Has anyone spoke with Ci direct trading?.. Formerly virtual brokers.