TORONTO, ONTARIO -- (Marketwired) -- 12/02/15 -- BMO InvestorLine continues to dominate the Canadian Online Discount Brokerage landscape according to Surviscor's 2015 Online Discount Brokerage scorCard Review. BMO InvestorLine retained the title of Top Ranked Firm for online discount brokerage services in Canada for the third straight review while Scotia iTRADE and Qtrade Investor rounded up the top three.
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2015 Surviscor Online Discount Brokerage Rankings
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1 BMO InvestorLine 84%
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2 Scotia iTRADE 81%
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3 Qtrade Investor 77%
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4 Questrade 71%
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5 Credential Direct 70%
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T-6 TD Direct Investing 69%
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T-6 Credential Direct 69%
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8 Virtual Brokers 68%
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9 Desjardins Online Brokerage 66%
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10 CIBC Investor's Edge 65%
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11 National Bank Direct Brokerage 61%
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12 HSBC InvestDirect 55%
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The scorCard Review, now in its 10th year, is the most comprehensive analysis in North America providing an impartial assessment of online service and features and functionality at Canadian online discount brokerage institutions. "Our 2015 discount brokerage reviews, including the introductory mobile review earlier this year, were our best reviews to date" said Glenn LaCoste, President of Surviscor Inc. "The industry firms continues to re-introduce themselves and we are keeping pace by consistently challenging the firms to provide improved value, un-matched service and expanded digital offerings for Canadians. We once again congratulate BMO InvestorLine for staying ahead of an aggressive and ultra-competitive industry" added Mr. LaCoste.
"We are continually enhancing our products and services to ensure they exceed our clients expectations and being named top online broker for the 3rd year in a row is a testament to what we stand for", said Julie Barker-Merz President, BMO InvestorLine. "We don't set out to win awards but we do set out to have the best client experience and this says it all."
Surviscor's proprietary scorCard methodology measures over 4000 objective usage-related criteria questions and reviews each firm by 9 independent categories, each weighted according to industry importance. Surviscor introduced two new categories in 2015 including the Service Level Assessment and Mobile Accessibility categories.
BMO InvestorLine earned four category awards, Scotia iTRADE earned two, while CIBC Investor's Edge, Desjardins Online Brokerage and TD Direct Investing each earned individual category awards. Surviscor's upcoming 2015 Mobile Banking Review, will be announced in the upcoming weeks followed by the 2015/16 Online Banking review.
For further information visit www.surviscor.com or contact Surviscor at 1-866-299-7267 or email results@surviscor.com.
About Surviscor Inc.
Surviscor Inc. is a Canadian leader in the analysis and ranking of Canadian online services offered to retail consumers. Surviscor produces seasonal feature and functionality audits, including its prominent Online Banking and Mobile Banking scorCards. All studies and analyses serve as industry benchmarks for consumers and industry participants by identifying online offerings considered to be leading-edge as compared to the industry standard.
Contacts:
Surviscor Inc.
Mr. LaCoste
President
(416) 993-1246 (mobile) or 1-866-299-7267
info@surviscor.com
www.surviscor.com
