Stocktrades.ca Review

Read our Advertiser Disclosure.
Contributor, Benzinga
February 2, 2021
stocktrades.ca
Best For
  • Canadian stock research
securely through stocktrades.ca's website
1 Minute Review

Stocktrades.ca provides expert stock picks, handy screening tools, model portfolios and other essential tools to help investors at every skill level make smart choices with their investments. With both a free and premium option, you can get access to a bank of constantly updated research and recommendations, no matter what your price point. 

Investors of all trading styles can enjoy Stocktrades.ca’s custom-tailored recommendations and screening tools to find the best stocks for their portfolio, whether they’re focused on growth, value or dividends. In this review, we’ll cover all the key features that come with both the free and premium plans as well as what kind of investors these features are best suited to.

Leave Your Own 1 Minute Review!
Best For
  • Custom model portfolios for beginner investors to effortlessly build their ideal investment portfolios
  • Expert stock picks tailored to your investment style
  • Access to research and recommendations from some of Canada’s most successful investors
Pros
  • 9 model growth portfolios
  • Dividend, growth and value stock screeners
  • Custom research requests for premium customers
Cons
  • No mobile app

stocktrades.ca Ratings at a Glance

Stocktrades.ca Fees and Account Minimums
Stocktrades.ca Ease of Use
Stocktrades.ca Education
Stocktrades.ca Customer Support
Stocktrades.ca Offerings
Stocktrades.ca Overall

Stocktrades.ca Quick Summary

FeatureRating
Overall4 Stars
Fees and Account Minimums5 Stars
Ease of Use5 Stars
Education4 Stars
Customer Support5 Stars
Offerings5 Stars
Mobile AppN/A

Stocktrades.ca Fees and Account Minimums

Stocktrades.ca offers two plans: a limited access free plan and a full access premium plan. There are no additional fees or requirements beyond your monthly subscription. Since you don’t actually trade directly through its platform, there are no account minimums or other fees. The subscription for the plans is as follows:

FeaturePrice
Free Plan$0
Premium Plan$20.83 per month

Stocktrades.ca Ease of Use

The stocktrades.ca website has a quick onboarding process and a straightforward, easy-to-use dashboard for its subscribers. To sign up, you just input your basic information, and if you’re opting for the premium subscription, your subscription information. After that, you’re in!

When you arrive at your dashboard, you have a clean, uncrowded display with all your tools and research on the left-hand side. They’re also easily accessible on the main dashboard itself. 

The stock screener tools allow you to easily navigate stocks by the following criteria:

  • Industry
  • Market capitalization
  • Price
  • Forward P/E ratio
  • PEG ratio
  • P/B ratio
  • P/S ratio
  • Dividend yield
  • Many more

If you’re new to investing, these are ratios that analysts use to measure how suitable a stock is for your investing purposes. Even if you’ve never done any fundamental analysis like this before, stocktrades.ca makes it easy to start using these metrics like an expert by dividing them into separate screeners and providing table tutorials.

The metrics that matter most to a growth investor, for example, are all contained on the growth stock screener. A dividend investor can find all the key metrics on the dividend stock screener. If you’re ever unsure what a particular metric actually measures, click on the table tutorial inside the screener itself to find a list of definitions.

As an added bonus, the company has also partnered with Questrade, a leading online broker in Canada, to offer you discounts and deals when you start actually putting the trading decisions you make on Stocktrade.ca into action.

Stocktrades.ca Education

There is just so much data and analysis packed into your dashboard that you’ll be able to effortlessly learn almost everything you need to know about a stock right here in one place. The model portfolios, for example, provide you with not just which stocks they recommend but a breakdown of why they made those recommendations and how to interpret the performance data included.

For a more foundational introduction into the world of investing with stock screeners and model portfolios, you can go through the company’s tutorials and guides to get a crash course in basic topics like:

  • How to Buy Stocks
  • What Are Dividends?
  • Buying Bonds
  • Index Funds
  • And more

For more specific questions or help, you can also take advantage of the extremely hands-on, personalized customer service by reaching out directly to Stocktrades.ca Founder Daniel Kent or Mathieu Litalien, stock researcher.

In addition to direct access to the people who built stocktrades.ca, subscribers also have an “Ask a Question” feature on their dashboard. Here, you can post any questions you have and get insights from stocktrades.ca experts and other users. It’s a great place to start up a discussion about specific stocks, general market trends, or get help from more experienced users to make the most out of all the tools you have available.

You can also learn a lot just by browsing through the past topics from the community to learn more about particular stocks you’re interested in or how the latest news and announcements might impact the Canadian financial market.

Overall, this is a great resource for investors of most levels of experience. What is missing is a more comprehensive educational offer. While Stocktrades.ca makes it easy to navigate and use all the tools, absolute beginners might still find themselves searching for metrics and the meaning of the data being analyzed.

Stocktrades.ca Customer Support

One of the features that make stocktrades.ca stand out is its personalized customer support. Rather than a generic customer support line, you get to reach out directly to the founders and experts behind stocktrades.ca expert stocks pickers and model portfolio designers. That level of investing advice equates to expert-level customer support.

Daniel Kent’s Emaildkent@stocktrades.ca 
Daniel Kent’s LinkedIn:www.linkedin.com/in/daniel-kent-b058b6124/ 
Daniel Kent’s Twitter:@StockTrades_CA 
Daniel Kent’s Facebook:https://www.facebook.com/dan.kent.735 
Mathieu Litalien’s Email:mlitalien@stocktrades.ca 
Mathieu Litalien’s Twitter:@Matlitalien 

Stocktrades.ca Offerings

There are 2 offers on Stocktrades.ca: the free, limited access account and the premium, full-access account. The difference is in the number of tools and information you can use. For example, stocktrades.ca offers 9 model portfolios that you can use to design your own. The free version only gives you access to 3. 

Overall, the free version offers just enough to dip your toes in and see if the platform is a good fit for you, but you’ll want to upgrade to premium to access cool features like custom stock analysis reports, full screener functionality and full access to its in-depth research guides.

Stocktrades.ca Mobile App

Stocktrades.ca does not yet offer a mobile version of its research and screening tools. However, its web dashboard is compatible with mobile so you can access it from your phone, tablet or other devices as needed.

Stocktrades.ca Overall

With a screening and research tool like Stocktrades.ca at your fingertips, you’ll be able to make well-informed, thoroughly researched investing decisions for your portfolio. No matter what your trading style is, stocktrades.ca makes it easy to drill down into precisely the metrics and analysis you need to match that style.

Although there could be more offerings in the way of education, it’s still a great resource for beginners to dive into the world of fundamental analysis. While a lot of stock screeners can be kind of mystifying to new investors, Stocktrades.ca screeners are built to be as easy to understand as possible.

The great customer service and active investor community that you’ll have member access to make it even easier to hone your fundamental analysis skills for building a portfolio with just the right balance of risk and return. It’s a great option for beginners and more advanced investors alike. You can sign up for free today.

Submit Your One Minute Opinion

How do you like stocktrades.ca?