Last Updated - April 20th, 2022
We recently sent out a communication to our waitlist and Members! Right now, we’re refining MogoTrade to be a solid MVP (Minimum Viable Product) that we can continue to introduce to the public. Getting this first step right is critical given the nature of a stock trading product and our ambitions for MogoTrade. As soon as we have updated timelines we will share them.
When you sign up for MogoTrade you're in for:
Unlimited commission-free trading - The second ever trading app in Canada that is truly commission-free, with no limits. No cap at 50 trades per year. Every trade is zero-commission.
Low FX Fees - One of the complaints we’ve seen in the marketplace is high FX fees. That’s why we're launching with one of the lowest FX fees in the market today at only 0.75%. That’s less than half of what some of our competitors charge.
Impact - We live in a world where Environmental, Social, Governance (ESG) investing and Socially Responsible Investing (SRI) is increasingly important. Investors and traders don’t just want to make money, they want to help make the world a better place. Those people realize that our money, and where we invest it, can have a big impact on the biggest social issues we face including climate change. With MogoTrade, every investment you make also helps stop the biggest social issue we face, climate change, by helping replant forests both in Canada and across the planet.
- At this time we’ve sent out invites to a limited number of Mogo members.
- MogoTrade is live, you can download the app and sign up now here.
- We’re really excited about MogoTrade but also want to ensure we rollout invites to our members in a way that makes sense, ensuring that there are no issues or gaps in the experience.
- We realize that everyone will want their invite as soon as possible, letting our members know where we are at and when the next round of invites will be sent out.
- If you want to be one of the early adopters then download the MogoTrade app, sign up and share your referral code with friends and family
- We also offer thousands of stocks and exchange-traded funds (ETFs) across the Toronto Stock Exchange (TSX), New York Stock Exchange (NYSE), NASDAQ, NEO, and CSE Exchange.
- There are no trading fees, no annual fees and no minimum account balance required. Stop paying your bank and start building your future with zero-commission trades.
- Once invited, you will be able to open a Tax-Free Savings Account, Registered Retirement Savings Plan and a Non-registered Cash Account.
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The MogoTrade app is owned by Mogo Finance Technology Inc., a wholly-owned subsidiary of Mogo Inc. Your investment account is opened with MogoTrade Inc., an order execution-only broker registered with IIROC. Customer accounts at MogoTrade Inc. are protected by the Canadian Investor Protection Fund (CIPF).