3 Alternatives to the Stash Canada Investing Platform

| May 6, 2022
✓ Verified by Vishesh Raisinghani

Stash is not available in Canada.

Stash Investing is a financial services platform that allows users to invest in fractional shares of many well-known publicly traded companies.

The main appeal of Stash is the lower barrier to entry into investing and allowing investors to automatically invest small amounts of money over time.

Alternatives to Stash Investing for Canadians



Moka aims to help people start investing by rounding up everyday purchases to the nearest whole CAD and investing the difference.


  • Allows users to save as easily as they spend money.
  • Fees remain fixed regardless of the size of the portfolio.


  • Limited options for investing, not for the advanced investor.
Wealthsimple Trade


Wealthsimple Trade is a platform that looks to simplify trading and make the industry more accessible to retail investors.


  • Unlimited trades with no commission and a platform that is easy to navigate.
  • Ability to purchase fractional shares.


  • High currency conversion fees when purchasing non-CAD denominated stocks. This can be avoided with a premium subscription.
Interactive Brokers


Interactive Brokers is a platform made for advanced traders who want access to advanced tools and global assets.


  • Compared to other platforms, IB has lower than average fees and the best price execution.
  • A thorough collection of advanced trading tools for the veteran investor.


  • Platform has a learning curve.

Stash is not available in Canada, but here are some alternatives for Canadians that provide the same or similar services.


Moka (previously Mylo) is a company similar to Acorns that allows users to roundup each purchase they make to the nearest dollar and invest the loose change by purchasing fractional shares of stocks, ETFs, and more.

Their aim is to make investing accessible to everyday Canadians so that everyone can begin building wealth during their regular consumption and purchases.

Wealthsimple Trade

Wealthsimple Trade is a good platform for retail investors who want a sleek interface and easy, intuitive platform.

They offer extensive educational materials to help new traders better understand the stock market.

The low cost to begin investing with Wealthsimple Trade is appealing for beginning investors but seasoned investors will find the platform to be too basic.

They also offer easy integration with their tax platform, simplifying end of year reporting.

Interactive Brokers

Interactive Brokers appeals to both the beginner and professional investor with a variety of products.

For beginner investors, it may be a bit overwhelming with all the tools and features, but a platform for seasoned investors.

Through the platform, investors have access to different asset classes such as precious metals, securities, bonds and more and are able to hold multiple account types.

It’s a great overall, long-term platform as investors learn more and are able to use the advanced features.

Will Stash Investing be coming to Canada?

Stash is currently only available in the United States and has not come announced any plans to expand into Canada.

What is Stash Investing?

Stash is a company with a personal finance platform aimed at opening investments to those who would normally not have access in addition to making investing less intimidating for beginning.

Stash offers three subscription plans for people who want to get started with building their wealth: Stash Beginner at $1 per month, Stash Growth at $3 per month, and Stash+ at $9 per month.

Stash offers a debit card that can not only gives you 5% “stock-back” in fractional shares if used at select businesses, it also offers the roundup feature which rounds any purchase up to the nearest dollar and places the change in a separate account.

Once the account reaches over $5, it’s transferred to the user’s main account as available funds to invest, making it an easy way to accumulate funds through normal spending.

Stash’s mission is to reduce the barrier to entry to investing for the everyday American and help build good financial habits.

Stash is also a registered investment advisor with the and offers unlimited financial education so that new investors can learn on their own time and make smart financial decisions.

Stash open on laptop on desk

Frequently Asked Questions

  • Is Stash available to Canadians?
  • Can you make money using the Stash investing app?

I have been investing for half a decade, using the perspectives gained from my work experience in the private, public, and non-profit sectors to shape my investment outlook. I have a specific interest in the potential of emerging disruptive technologies and their impact on the future.