RBC Direct Investing vs Stake compared

RBC Direct Investing
Stake
When you invest your capital is at risk
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Customer service score
    5.0
    /5
  • Trading platform combined score
    1.3
    /5
  • Account opening score
    3.7
    /5
  • Customer service score
    1.7
    /5
  • Trading platform combined score
    3.9
    /5
  • Account opening score
    5.0
    /5
Recommended for
  • Beginners
    3
    /5
  • Beginners
    3.6
    /5
You can't open an account in United States
You can't open an account in United States

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.1

Recommended for Investors, including beginners, focusing on the Canadian and US markets

Overall Score
4.5

Recommended for Beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform

Country of origin

Canada

Country of origin

Australia

Fees

Fees score
3.5
Fees score
4.7
Fees summary

Average trading fees, low non-trading fees, free mutual fund investing

Fees summary

Low trading and average non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
2.4
Deposit and withdrawal score
2.2
Number of base currencies

2

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
3.7
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$50

*
Time to open account

1-3 days

Time to open account

1 day

Required documents

Social Insurance Number, Government ID, Proof of Income

Required documents

Australian ID for Australian clients. No documents needed for UK clients.

Trading platform

Web platform score
2.9
Web platform score
3.6
Mobile platform score
0.7
Mobile platform score
4.1
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
2.4
Markets and products score
1.7
Stocks
Stocks
*
*
Fractional shares
Fractional shares
*
*
ETFs
ETFs
*
*
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
CFDs
CFDs

Research, education

Research score
4.0
Research score
3.3
Charting quality

Mid-range

Charting quality

Poor

Education score
4.0
Education score
0.5
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
1.7
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

CAD 1 million

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1864

Foundation date

2017

Country of regulation

Canada

Country of regulation

Australia, UK

RBC Direct Investing

For detailed information and hands-on experience, read our review of this broker.

Stake

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

RBC Direct Investing's service is slightly weaker than Stake's and a comparison of their fees shows that RBC Direct Investing's fees are higher than Stake's.

Account opening takes more effort at RBC Direct Investing compared to Stake, deposit and withdrawal processes are about the same quality at RBC Direct Investing, while customer service quality is much better than Stake's.

Our experts rated the trading platform of RBC Direct Investing as much less user-friendly than the platform of Stake, found that clients have access to slightly more markets and products with RBC Direct Investing, while Stake provides somewhat lower-quality research and education.

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