Compare moomoo vs RBC Direct Investing


Online brokers compared for fees, trading platforms, safety and more. See how moomoo stacks up against RBC Direct Investing!

moomoo vs RBC Direct Investing
overall rating
4.5
4.1
overall pros
  • Free stocks, ETFs and options
  • Fast and easy account opening
  • Quality analytical tools
  • Quick, useful customer service
  • Easy account opening in some cases
  • High-quality educational tools
overall cons
  • Limited product portfolio
  • Only bank transfer for deposit/withdrawal
  • No live chat or telephone support
  • Only US and Canadian markets covered
  • Lack of withdrawal/deposit options
  • Outdated mobile trading platform
fees
4.7
  • Commission-free stocks, ETFs, and options
  • No inactivity fee
  • High margin rates
3.8
  • No mutual fund trading fee
  • No withdrawal fee for RBC clients
  • Quarterly account fee
  • High withdrawal fee for non-RBC clients
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Fast
  • Available only in the US and Singapore
3.9
  • Fully digital
  • No minimum deposit
  • Account opening complicated for non-RBC bank account holders
deposit and withdrawal
1.9
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High wire withdrawal fee
2.4
  • No deposit fee
  • User-friendly
  • Free withdrawal for clients with RBC bank account
  • Credit/Debit card not available
  • Fewer withdrawal and deposit options for non-RBC clients
web trading platform
2.9
  • Clear fee report
  • Price alerts
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • Outdated design
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
0.7
  • Touch/Face ID login
  • Not user-friendly
  • No price alerts
  • Bugs
desktop trading platform
4.5
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
markets and products
2.1
  • Stock
  • ETF
  • Options
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
5.0
  • Good interactive chart
  • Data on asset fundamentals
  • Good set of analytical tools
3.8
  • Trading ideas
  • Data on asset fundamentals
  • Baisc news feed
  • Basic charting tools
customer service
1.5
  • Good email support
  • No phone support
  • No live chat
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
education
2.0
  • Demo account
  • Educational texts
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Investors and traders looking for zero-commission trading and focusing on US markets. Investors, including beginners, focusing on the Canadian and US markets
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