Newton has become one of Canada's most popular crypto platforms. We break down the fees, features, and whether it's right for you.
Bremo Rating — Best for: Canadian beginners and intermediate investors seeking zero-commission trading
| Feature | Details |
|---|---|
| Trading fees | 0% commission (spread-based) |
| Deposit methods | Interac e-Transfer, wire transfer |
| Coins available | 75+ |
| Minimum trade | $1 CAD |
| FINTRAC registered | Yes |
| Mobile app | iOS and Android |
| Customer support | Email, chat |
| Founded | 2018, Toronto |
Newton markets itself as Canada's zero-fee crypto exchange. This is technically true — there are no explicit trading commissions. Instead, Newton earns revenue through the bid-ask spread on each trade. The spread is typically 0.5–1.5% depending on the asset and market conditions.
For most investors making occasional purchases, this is highly competitive. Active traders making large volume trades might find dedicated trading platforms with tighter spreads more cost-effective, but for the average Canadian investor, Newton's effective costs are very reasonable.
Newton does not charge a commission per trade. Instead, they quote a slightly higher sell price and slightly lower buy price than the market rate — this difference is the spread, and it's Newton's revenue. When you buy $1,000 of Bitcoin, you might receive slightly less than $1,000 worth at the pure market price.
The typical Newton spread ranges from approximately 0.5% on major coins like Bitcoin and Ethereum, up to 1.5% or more on smaller altcoins. For a $1,000 purchase of Bitcoin, this means an effective fee of roughly $5–$10 — still very reasonable by industry standards.
Newton's standout feature for Canadians is its seamless Interac e-Transfer integration. You can deposit CAD directly from your bank account with a standard e-Transfer. Withdrawals back to your bank also use e-Transfer, typically arriving within 1–3 business days. There are no fees for CAD deposits or withdrawals.
Newton is registered with FINTRAC as a Money Services Business and has also registered with the Ontario Securities Commission (OSC) and other provincial regulators. The company stores the majority of client assets in cold storage and employs standard security practices including two-factor authentication.
| Newton | Bitbuy | CoinSmart | |
|---|---|---|---|
| Trading fees | 0% + spread | 0.10%–0.20% | 0.20% |
| Coins | 75+ | 50+ | 35+ |
| Interac | Yes | Yes | Yes |
| Advanced trading | No | Yes (Pro) | Limited |
| Best for | Beginners | All levels | Altcoin buyers |
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Get KOHO Free — Use Code 45ET55JSYANewton provides a transaction history export (CSV) that you can import into crypto tax software like Koinly or CoinTracker. This makes filing your annual CRA return much easier. Newton also complies with Canadian reporting requirements.
Newton is one of Canada's most established crypto exchanges with hundreds of thousands of users and regulatory registration in multiple provinces. No exchange is completely risk-free, but Newton is among the more trustworthy options available to Canadians.
Newton is an excellent choice for Canadian investors who want a straightforward, low-cost way to buy and hold a range of cryptocurrencies. Its zero-commission model, Interac e-Transfer support, and Canadian regulation make it the go-to recommendation for beginners and intermediate investors alike. Active traders needing advanced charts or order types may want to look at Kraken or Bitbuy Pro.