Is Robinhood available in Canada?
Updated November 2026. Checked against the regulators' registers and each platform's own pages.
Who pays us: Robinhood doesn't pay us. We have no affiliate or referral deals in place yet, so the link below earns us nothing. How we make money
Robinhood homepage, cropped to logo and menu
What this proves: The fee on each Robinhood trade was 0.5% through 31 October 2026 and is 0.95% from 1 November 2026.
2 more screenshots of its own pages in the review below
Yes, for crypto. Robinhood's Canadian app runs under Coinsquare Capital Markets Ltd., a registered investment dealer and CIRO member that Robinhood bought along with Bitbuy and Coinsquare in June 2026. Its fee schedule sets a fee of 0.95% per trade from 1 November 2026, up from 0.5%, but its help centre still quoted 0.50% on 10 November. The Canadian site doesn't mention stocks.
- Registered as
- Investment dealer, CIRO member
- Company
- Coinsquare Capital Markets Ltd.
- Trading fee
- 0.95% per its fee schedule; 0.50% per its help centre
- Coins
- 50+
- Crypto protected by CIPF
- No
Good
- Runs under an investment dealer registration and CIRO membership
- Stated per-trade fee in the fee schedule
- Crypto can move to and from outside wallets with no Robinhood fee
- Client crypto held in trust at Coinbase Custody and BitGo
Watch out
- Its fee schedule raises the fee to 0.95% from 1 November 2026, five months after a launch promise of a flat 0.5%, and its help centre hasn't caught up
- Orders can fill up to 1% worse than quoted on buys and 5% on sells
- Crypto only; no stocks on the Canadian site
- Canadian App Store rating of 3.1 from 124 ratings
Opens the official Robinhood site · Crypto is high risk and prices can fall to zero
Robinhood has the 6th lowest stated cost of 8 platforms that publish one
$9.50 on a $1,000 buy using Robinhood app, by its own fee page.
See every platform
- NDAX$2
- Bitbuy$5
- Wealthsimple$5
- Coinsquare$5
- Kraken$8
- Robinhood$9.50
- Webull$10
- Newtonup to $11.50
- ShakepaySpread, size not published
- CoinbaseSpread on simple buys; Advanced rate shown only after sign-in
- Crypto.comSpread on app buys; Advanced base rate not published
- Netcoins0.5% fee plus a market spread of unpublished size
From each platform's own Canadian fee pages. Full table: crypto fees compared.
Robinhood is best known in the US for stock trading with no commission. In Canada it’s a crypto platform. It arrived by buying WonderFi, the company behind Bitbuy and Coinsquare, and it runs under the same registration those two use.
Is Robinhood registered in Canada?
Yes, through the company that runs its Canadian service. Robinhood’s Canadian site says in its footer that the service is provided by Coinsquare Capital Markets Ltd., “a CIRO Dealer Member providing order execution only services”, and that the company is a wholly owned subsidiary of Robinhood Markets, Inc. Coinsquare Capital Markets is on the securities regulators’ list of registered crypto platforms as an investment dealer, the higher of the two levels a crypto platform can hold. It’s the same registration behind Bitbuy and Coinsquare.
“Order execution only” means it takes your orders and doesn’t give advice or check whether a trade suits you.
How Robinhood got into Canada
Robinhood’s announcement on 1 June 2026 says it closed its purchase of WonderFi that day. WonderFi ran Bitbuy and Coinsquare, which the announcement says “will become part of the Robinhood brand”, and Canadian customers “will be invited to download the Robinhood app”. Bitbuy’s and Coinsquare’s own sites now carry banners saying they’re part of Robinhood. Both still take sign-ups, and the announcement gives no date for moving their customers across.
How Robinhood holds your crypto
The client account agreement says crypto you buy is held in trust for you in omnibus cold storage accounts at Coinbase Custody Trust Company, regulated by New York’s financial regulator, and at BitGo Trust Company. Robinhood’s Canadian site says it doesn’t lend out your crypto or borrow against it.
CIPF covers the cash in your account, because Coinsquare Capital Markets is a member, but the agreement says CIPF coverage “does not extend to Digital Assets”. That’s the same at every Canadian platform: CIPF never covers crypto.
What it costs to buy crypto
The fee schedule linked from Robinhood Canada’s footer, effective 1 October 2026, sets one fee for trades in the Robinhood app: 0.5% of the trade value from 1 to 31 October 2026, and 0.95% from 1 November 2026. On a $1,000 buy, that’s $9.50.
That’s a change from the launch. Robinhood’s 1 June announcement promised Canadians “a flat 0.5% fee per CAD trade”.
Robinhood’s own pages don’t agree, though. Its trading fees help article, read on 10 November 2026, still says the fee is “0.50% of the CAD value of the executed amount on every crypto buy and sell order”, with a $0.01 minimum, and works its examples at 0.50%. The article isn’t dated; the fee schedule is. Robinhood says the order review screen shows the fee before you confirm, so check it there.
The schedule says the fee is charged on the price Coinsquare Capital Markets gets from its liquidity providers, and it doesn’t describe a separate markup. Orders work like market orders with a slippage limit: a buy can fill up to 1% above the quoted price, and a sell up to 5% below it. Any slippage inside those limits, or any better price, is passed on to you. So the 0.95% is the stated fee, but the price you get can still move before your order fills.
At the fee schedule’s 0.95%, Robinhood’s fee sits above NDAX’s 0.20% and the 0.50% on Bitbuy Pro Trade and Coinsquare Pro, and close to Webull’s 1%. Our crypto fees comparison has the full table.
Deposits and withdrawals
The fee schedule says clients don’t pay deposit fees, in cash or crypto. For cash withdrawal fees, it points to Coinsquare’s fee page. On Coinsquare, Interac withdrawals carry no fee up to $2,000, and bank and wire withdrawals cost 1.5%. We haven’t confirmed the same figures apply inside the Robinhood app. Robinhood’s help centre adds that it doesn’t charge its own fee for Interac e-Transfer deposits or withdrawals, though your bank may.
| Method | Deposit | Withdrawal | Limits |
|---|---|---|---|
| Interac e-Transfer | No Robinhood fee | No Robinhood fee, per its help centre | Not published by Robinhood. Coinsquare’s fee page shows $2,000 |
| EFT / bank transfer | No deposit fees, per the fee schedule | 1.5% on Coinsquare’s fee page. Not confirmed for the Robinhood app | Not published for the Robinhood app |
| Wire | No deposit fees, per the fee schedule | 1.5% on Coinsquare’s fee page. Not confirmed for the Robinhood app | Not published for the Robinhood app |
Moving crypto to your own wallet
The Canadian site says you can send crypto to and from outside wallets “with no Robinhood fees”, though network fees may apply. Crypto deposits carry no fee under the fee schedule.
Coins and tools
The Canadian site lists more than 50 coins, including Bitcoin, Ether, XRP, Solana and Dogecoin, and says staking for Ether and Solana is coming soon. There’s no separate order book screen. The site doesn’t mention stocks, ETFs or options, which are what Robinhood offers in the US.
The app
The Canadian App Store lists “Robinhood: Buy & Sell Crypto” from Robinhood Markets Inc, rated 3.1 from 124 Canadian ratings as of 10 November 2026. That’s a small sample next to older Canadian apps; our apps comparison has the others.
How to sign up
The Robinhood pages we checked don’t set out its sign-up steps, so we haven’t listed any. As a registered platform, it has to verify your identity under Canada’s anti-money-laundering rules. Accounts are order execution only, so Robinhood won’t advise you on what to buy.
If you already use Bitbuy or Coinsquare, Robinhood says you’ll be invited to download the Robinhood app. It hasn’t published a timeline.
Platforms like Robinhood
Coinsquare runs under the same registration and charges 0.50% on its Pro screen, with no-fee Interac withdrawals up to $2,000 a day. Read the Coinsquare review
NDAX charges a flat 0.20% on every trade with no spread, though Interac withdrawals cost $1.50. Read the NDAX review
Webull charges a similar 1%, built into the price, and puts crypto next to stocks. You can’t move coins in or out. Read the Webull Crypto review
Verdict
Robinhood’s Canadian crypto app runs under an investment dealer and CIRO member, with client crypto held in trust at Coinbase Custody and BitGo. Its fee rose to 0.95% per trade on 1 November 2026, and orders can fill up to 1% worse than quoted on buys and 5% on sells. It lets you move crypto in and out with no Robinhood fee.
Frequently asked questions
Can Canadians use Robinhood?
Yes, for crypto. Robinhood’s Canadian app is run by Coinsquare Capital Markets Ltd., a registered investment dealer. The US app, with stocks and options, isn’t offered in Canada.
Is Robinhood regulated in Canada?
Its Canadian service runs under Coinsquare Capital Markets Ltd., which is registered with the provincial securities regulators as an investment dealer and is a CIRO dealer member. You can check it on our registered list.
What are Robinhood’s fees in Canada?
Its fee schedule says 0.95% of each trade from 1 November 2026, up from 0.5% in October. Its help centre still said 0.50% on 10 November. The order review screen shows the fee that applies before you confirm. Deposits carry no fee, and crypto transfers carry no Robinhood fee beyond the network fee.
What happens to my Bitbuy or Coinsquare account?
Robinhood’s announcement says Canadian customers will be invited to download the Robinhood app. It hasn’t published a timeline. Bitbuy and Coinsquare still run under the same registration, with their own fee schedules for Express Trade, Coinsquare Trade and the Pro screens.
Sources
- Robinhood, Robinhood enters Canada as it completes acquisition of WonderFi, 1 June 2026
- Robinhood, Canadian homepage
- Robinhood Help, trading fees, read 10 November 2026
- Coinsquare Capital Markets, fee schedule, effective 1 October 2026
- Coinsquare Capital Markets, client account agreement
- Robinhood, disclosure library
- Apple App Store (Canada), Robinhood: Buy & Sell Crypto
- New Brunswick Financial and Consumer Services Commission, registered crypto asset trading platforms
Update history
- Added that Robinhood's help centre still quotes a 0.50% fee while its fee schedule says 0.95% from 1 November 2026, corrected the gap since the launch announcement to five months, and added its no-fee Interac withdrawals.
- Reorganised into our standard review layout, with a deposits and withdrawals table. No facts changed.
- First published.
- First published.
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