RBC Direct Investing app

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this article we'll check whether RBC Direct Investing's mobile app ticks all the boxes.

Overall, we think the app is not that user-friendly and you might want to consider trying another broker available in your country.

RBC Direct Investing mobile app vs. similar brokers
RBC Direct Investing Qtrade Questrade
Mobile app rating (5 is the best) 0.7 stars 2.5 stars 4.8 stars
User-friendliness Poor Mid-range Great
2-step authentication No No Yes
Biometric authentication Yes No Yes

We're going to take a closer look at search functions, price alerts and order types, so all the little details that determine whether a trading app is user-friendly or downright cumbersome. If you want to read our full review, including fees, deposit options and other platforms (like web and desktop) then skip to the RBC Direct Investing review.

RBC Direct Investing app - RBC Direct Investing app

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RBC Direct Investing app
Our main checklist for the RBC Direct Investing app

Let's start with the search functions. Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

RBC Direct Investing could improve in this area, but it might be OK for general use.

RBC Direct Investing checklist
RBC Direct Investing Qtrade Questrade
Search functions Mid-range Great Mid-range
2-step authentication No No Yes
Biometric authentication Yes No Yes
Price alerts in the app No No Yes
Confirmation after successful trade Yes Yes Yes

We hear horror stories almost every month about accounts being emptied out by hackers - the easiest thing you can do to prevent these attacks is to make your account secure by enabling 2-step authentication. That is, if your broker offers this service. We think it is a must. As RBC Direct Investing doesn't have this functionality, you might want to consider having a look at another trading platform.

You cannot set price alerts in the RBC Direct Investing app. Yes, you can use a third-party app for this, but wouldn't it be much easier to have it in the broker's own app?

RBC Direct Investing app - RBC Direct Investing app search functions

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RBC Direct Investing app
Checklist for nice-to-have features

For some people it might be a deal-breaker if you can't set up a trailing stop limit - we totally get that. Others couldn't care less and also don't get excited if the app is available in 25 languages. Anyway, here is our checklist of minor, nice-to-have features:

RBC Direct Investing has these order types available in its app: Market, Limit, Stop Limit, Stop.

At RBC Direct Investing you can use the following order terms & expiry in the app: Good till time.

The RBC Direct Investing mobile app currently supports the following languages: English.

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RBC Direct Investing app
The BC Award-winning brokers

Still unsure about your broker selection? Click here to see which free stock trading apps are the best.

Or you could take a peek at the best trading platform awards we gave to brokers serving European clients.

If you're not in the US or the EU you'll find this award the most interesting.

Let us know what you think in the comments section.

If you would like a tailored recommendation you can use our broker finder tool, or you can learn more about investing your money.

Author of this article

Oskar Golebiowski

Author of this article

Oskar's goal is to bring transparency to investors in the Canadian stock brokerage market. With a bachelor’s degree in finance and over 3 years of business experience, Oskar has tested many different investing platforms in the past. His aim is to provide unbiased and honest reviews of the best tools available to Canadian investors.

Oskar Golebiowski

Canadian broker expert

Oskar's goal is to bring transparency to investors in the Canadian stock brokerage market. With a bachelor’s degree in finance and over 3 years of business experience, Oskar has tested many different investing platforms in the past. His aim is to provide unbiased and honest reviews of the best tools available to Canadian investors.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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