Surviscor Inc.

Surviscor Inc.

October 18, 2013 08:45 ET

BMO InvestorLine is the Best Online Discount Brokerage Firm in Canada according to Surviscor Rankings

TORONTO, ONTARIO--(Marketwired - Oct. 18, 2013) - Customers who choose to conduct their investment strategies online can now look at BMO InvestorLine for the most comprehensive online discount brokerage experience in Canada. BMO InvestorLine dethroned two time winner Scotia iTRADE, in Surviscor's Online Discount Brokerage scorCard, a semi-annual, impartial assessment of online features and functionality at Canadian online discount brokerage institutions.

Surviscor's Q3-2013 Online Discount Brokerage scorCard
1 BMO InvestorLine 84%
T-2 Qtrade Investor 81%
T-2 Scotia iTRADE 81%
4 Credential Direct 74%
5 RBC Direct Investing 70%
6 TD Direct Investing 69%
7 Questrade 67%
8 Virtual Brokers 65%
9 National Bank Direct Brokerage 64%
10 CIBC Investor's Edge 63%
11 Disnat 60%
12 HSBC InvestDirect 51%
13 Jitney Trade 37%
14 Laurentian Bank Direct Brokerage 30%

"The online discount brokerage industry continues to be hard at work, improving current platforms for usability and introducing new website-friendly features and functionality to enhance the overall customer experience," said Glenn LaCoste, President of Surviscor Inc. "BMO InvestorLine was one of the firms actively making progress and should be congratulated on winning this prestigious honour within a highly competitive landscape," added Mr. LaCoste.

"We are thrilled to be recognized by Surviscor as the top ranked online brokerage in Canada," said Viki Lazaris, CEO, BMO InvestorLine. "We continually strive to meet the evolving needs of our clients by offering market-leading services and continually providing ongoing enhancements. This recognition is further validation for our continued focus and efforts toward improving our clients' online investing experience and helping them to make informed and confident investing decisions."

Surviscor's Online Discount Brokerage scorCard, now in its 8th year, simulates customer usage and measures over 3,500 objective criteria within multiple service categories, each weighted according to an industry-defined level of importance. The Q3-2013 scorCard, reviewed 7 main categories which is comprised of 32 sub-categories.

BMO InvestorLine received three category honours, with best marks in the 'Getting Started', 'Account Services' and 'Website Transactions' categories. TD Direct Investing received two honours, Scotia iTRADE received one and Virtual Brokers won the popular 'Cost of Services' category.

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.

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