National Bank Direct Brokerage vs Interactive Brokers Canada: which is better? Comparison 2026
By our public methodology National Bank Direct Brokerage scores 70 out of 100 and Interactive Brokers Canada scores 65. Below: the factors and facts where they differ, each fact with its source.
Score breakdown
| National Bank Direct Brokerage | Interactive Brokers Canada | |
|---|---|---|
| Safety | 50 | 30 |
| Cost | 75 | 95 |
| Products | 100 | 87 |
| Service | 92 | 100 |
Pros and cons
National Bank Direct Brokerage
- Low commission on the reference order
- Member of the national investor compensation scheme
- Wide choice of asset classes
- Publishes financial reports
- Charges a periodic account or custody fee
Interactive Brokers Canada
- Low commission on the reference order
- Member of the national investor compensation scheme
- Wide choice of asset classes
- No periodic account or custody fee
Facts side by side
| Fact | National Bank Direct Brokerage | Interactive Brokers Canada |
|---|---|---|
| Investor compensation scheme | Yes cipf.ca | Yes cipf.ca |
| Commission on the reference order | 0% nbc.ca | 0.1% interactivebrokers.ca |
| Financial reports online | Yes nbc.ca | Not verified |
| No account or custody fee | No nbc.ca | Yes interactivebrokers.ca |
| Asset classes (of 5) | 5 nbc.ca | 4 interactivebrokers.ca |
| Tax-advantaged account | Yes nbc.ca | Yes interactivebrokers.ca |
| Mobile app | Yes nbc.ca | Yes interactivebrokers.ca |
| Open an account online | Yes nbc.ca | Yes interactivebrokers.ca |
| Support channels (of 3) | 2 nbc.ca | 3 interactivebrokers.ca |
| Annual tax statement | Yes nbc.ca | Yes interactivebrokers.ca |