Best Robo Advisors
Discover 8 deals available this month.
1.Justwealth
Justwealth offers over 80 portfolio options with the best performance among Canadian robo advisors, including a dedicated financial advisor for each client. Fees range from 0.4-0.50% annually or $4.99/month for accounts under $12,000.
View Deal →With a wide range of portfolios and personal financial advisor support, Justwealth stands out for investors seeking tailored guidance alongside strong performance.
Pros:
- More than 80 portfolio options to suit various investment goals
- Dedicated financial advisor assigned to each client
- Competitive annual fees of 0.4-0.50%, or a fixed monthly fee for smaller accounts
Cons:
- Higher fees compared to some competitors with lower cost options
- Monthly fee of $4.99 applies to accounts under $12,000
- No mention of a free trial or minimum account flexibility
2.Questwealth
Questwealth offers annual fees between 0.2% and 0.25% with no minimum account balance required. This makes it a low-cost option suitable for investors wanting to start investing without a large initial deposit.
View Deal →Questwealth stands out for its low fees and accessibility, appealing to investors mindful of costs and account minimums. It provides a straightforward, budget-friendly entry into robo-advising without barriers.
Pros:
- Lowest annual fees in the market at 0.2-0.25%
- No minimum account balance required to start investing
- Cost-effective for small or new investors
Cons:
- Limited details on portfolio options and management features
- May lack some personalized advisory services compared to higher-fee robo advisors
- Fewer bells and whistles for investors seeking advanced tools or dedicated advisors
3.ModernAdvisor
ModernAdvisor offers a free 30-day trial with $1,000 of their money to help beginners try robo advising risk-free. Annual fees range from 0.35% to 0.5%.
View Deal →Beginner investors can test the waters without risk thanks to ModernAdvisor’s unique $1,000 trial offer, combined with mid-range fees.
Pros:
- Free 30-day trial with $1,000 of ModernAdvisor’s own money
- Annual fees between 0.35% and 0.5%
- Good entry point for those new to robo advising
Cons:
- Trial limited to 30 days
- Fees higher than some low-cost competitors
- Minimum $1,000 needed to start investing beyond the trial
4.RBC InvestEase
RBC InvestEase offers responsible investment portfolios with good returns and charges a 0.5% annual fee with no minimum account balance required.
View Deal →RBC InvestEase stands out by combining responsible investing with straightforward pricing and accessibility for all account sizes.
Pros:
- No minimum account requirement
- Responsible investment portfolios
- Flat 0.5% annual management fee
- Responsive customer service
Cons:
- Fees are higher compared to some competitors with lower rates
- Limited portfolio customization details available
- No introductory offers or free trials mentioned
5.CI Direct
CI Direct charges annual fees between 0.35% and 0.6% with a low minimum deposit of $100. It offers access to multiple fund managers including iShares, BMO, Vanguard, and CIBC.
View Deal →At an accessible $100 minimum, CI Direct delivers flexible investment options with competitive fees and a broad selection of fund managers. It stands out for investors seeking low entry barriers and diverse ETF choices.
Pros:
- Lowest minimum deposit among Canadian robo advisors at $100
- Competitive fee range of 0.35% to 0.6% annually
- Access to multiple reputable fund managers such as iShares, BMO, Vanguard, and CIBC
Cons:
- Fees can be higher compared to some competitors offering rates as low as 0.2%
- No mention of personalized financial advisor support
- Fee range is somewhat broad, which may affect predictability
6.Qtrade Guided Portfolios
Qtrade Guided Portfolios offers strong investment performance with annual fees ranging from 0.35% to 0.6% and has no minimum account requirement. It invests in ETFs from iShares, Vanguard, and Flexshares.
View Deal →Investors looking for a flexible, no-minimum robo advisor will find Qtrade Guided Portfolios a solid choice with diversified ETF options and competitive fees. Its blend of well-known ETF providers helps balance cost and performance effectively.
Pros:
- No minimum account balance required
- Uses reputable ETFs from iShares, Vanguard, and Flexshares
- Fees are competitive at 0.35-0.6% annually
Cons:
- Higher fees compared to ultra-low-cost alternatives like Questwealth
- No mention of personalized financial advisor support
- Limited portfolio customization details provided
7.BMO Smartfolio
BMO Smartfolio offers BMO-managed portfolios with annual fees ranging from 0.4% to 0.7% and requires a minimum investment of $1,000. It is designed for investors seeking a robo advisor backed by a major Canadian bank.
View Deal →Investors wanting a major bank’s reliability will find BMO Smartfolio’s service straightforward, though its fees sit on the higher side compared to some competitors. The platform blends traditional financial institution trust with automated investing convenience.
Pros:
- Backed by BMO, a major Canadian bank
- Minimum investment requirement of $1,000
- Offers professionally managed portfolios
Cons:
- Higher fees ranging from 0.4% to 0.7% annually
- Minimum investment is higher than some competitors
- Limited information on portfolio variety compared to other robo advisors
8.Nest Wealth
Nest Wealth offers flexible monthly pricing ranging from $5 to $150 with no minimum deposit required. It invests in funds from iShares, Vanguard, BMO, and Forstrong.
View Deal →Flexible pricing and no minimum deposit make Nest Wealth appealing for investors who prefer paying a flat fee over percentage-based charges. Its use of well-known fund providers adds credibility to its portfolio options.
Pros:
- Flexible monthly fees from $5 to $150
- No minimum deposit requirement
- Access to funds from reputable providers like iShares, Vanguard, BMO, and Forstrong
Cons:
- Pricing structure may be less cost-effective for very large accounts
- Lacks detailed performance or advisory features compared to some competitors
- No specific mention of personalized financial advisor support
Final Words
To find the best robo advisor for your needs in Canada this March 2026, take time to compare fees, portfolio options, and minimum requirements across top providers. You can explore current offers to ensure you choose a service that aligns with your financial goals and budget.
Frequently Asked Questions
Justwealth stands out by offering over 80 portfolio options and the best performance among Canadian robo advisors. Each client also receives a dedicated financial advisor, ensuring personalized support.
Justwealth charges annual fees ranging from 0.4% to 0.50%, or $4.99 per month for accounts under $12,000. This pricing includes access to a dedicated financial advisor.
Justwealth offers a monthly pricing option of $4.99 for accounts under $12,000, making it accessible for smaller investors without a high minimum balance requirement.
Questwealth offers the lowest fees at 0.2-0.25% annually and has no minimum account requirement, making it a great choice for cost-conscious investors.
Yes, ModernAdvisor provides a free 30-day trial including $1,000 of their own money, which is ideal for beginners wanting to test robo advising before committing their funds.
Robo advisor fees in Canada typically range from 0.2% to 0.7% annually. For example, Justwealth charges 0.4-0.50%, Questwealth 0.2-0.25%, and BMO Smartfolio 0.4-0.7%.
