Compare RBC Direct Investing vs Spreadex


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

RBC Direct Investing vs Spreadex
overall rating
4.1
4.3
overall pros
  • Quick, useful customer service
  • Easy account opening in some cases
  • High-quality educational tools
  • Low forex fees
  • Good web platform
  • Helpful customer service
overall cons
  • Only US and Canadian markets covered
  • Lack of withdrawal/deposit options
  • Outdated mobile trading platform
  • Thin product selection
  • No desktop platform
  • Limited research and education tools
fees
3.4
  • No mutual fund trading fee
  • No withdrawal fee for RBC clients
  • Quarterly account fee
  • High withdrawal fee for non-RBC clients
4.0
  • Low forex fees
  • No inactivity fee
  • High stock index CFD fees
account opening
3.9
  • Fully digital
  • No minimum deposit
  • Account opening complicated for non-RBC bank account holders
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slower-than-average account verification
deposit and withdrawal
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
4.3
  • Credit/Debit card available
  • No deposit fee
  • Free withdrawal in most cases
  • Average account currency selection
web trading platform
2.9
  • Clear fee report
  • Price alerts
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • Outdated design
4.4
  • User-friendly
  • Clear fee report
  • Good search function
  • Guaranteed stop
  • No two-step (safer) login
  • Available only in English
mobile trading platform
0.7
  • Touch/Face ID login
  • Not user-friendly
  • No price alerts
  • Bugs
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.7
  • Forex
  • CFD
research
3.8
  • Trading ideas
  • Data on asset fundamentals
  • Baisc news feed
  • Basic charting tools
1.9
  • Good financial/trading blog
  • No trading ideas
  • No/limited set of analytic tools
  • Limited fundamental data
customer service
4.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
1.3
  • Trading platform tutorial
  • No demo account
  • No educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Investors, including beginners, focusing on the Canadian and US markets Forex and CFD traders looking for low fees and great deposit/withdrawal options
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