{"id":46267,"date":"2023-08-15T03:00:04","date_gmt":"2023-08-15T07:00:04","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=46267"},"modified":"2023-09-19T16:23:37","modified_gmt":"2023-09-19T20:23:37","slug":"questrade-vs-competitors-review","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/","title":{"rendered":"Questrade vs Others | The Review Competitors Don&#8217;t Want you to Read (2023)"},"content":{"rendered":"<p>Still trying to choose between <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> versus another trading app?<\/p>\n<p>Look at these <span class=\"highlight\"><a href=\"#questrade-redflagdeals-twitter-polls\">RedFlagDeals and Twitter polls<\/a><\/span> of top Canadian brokerage. <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> is #1 in all 3 polls. More people like Questrade&#8230; but why?<\/p>\n<p><strong>Questrade<\/strong> is the most popular Canadian online brokerage, an <a title=\"Who Is Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/who-is-questrade\/\" rel=\"nofollow\">independent company<\/a> recommended by thousands of online reviews and real users. They offer <a href=\"https:\/\/en.wikipedia.org\/wiki\/Tax-Free_Savings_Account\" target=\"_blank\" rel=\"noopener noreferrer\">TFSA<\/a>, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Registered_Retirement_Savings_Plan\" target=\"_blank\" rel=\"noopener noreferrer\">RRSP<\/a>, <a href=\"https:\/\/www.investopedia.com\/terms\/m\/marginaccount.asp\" target=\"_blank\" rel=\"noopener noreferrer\">Margin<\/a> and the most <a title=\"Questrade Account Types\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-account-types\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">popular investment accounts<\/a> at a <a title=\"Questrade Low Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-low-fees\/\" rel=\"nofollow\">low fee<\/a>.<\/p>\n<p>They lead the market in Canada. They were the first of the <a href=\"#top-10-canadian-brokerages\">top Canadian brokerages<\/a> to allow holding US Dollars in registered accounts.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">Trading with Questrade<\/a> features the best mobile and desktop trading app, a great user experience and <a title=\"Questrade Unlimited Free ETFs Purchases\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-low-fees\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">unlimited free ETF purchases<\/a>. I rarely have to <a title=\"Questrade Get In Touch\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-get-in-touch\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">contact them<\/a>, but when I did, I used the live chat and had quick, real-time answers to my questions. You can read our <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">Questrade Review: Pros &amp; Cons of Trading with Questrade Canada (2019)<\/a> if you are interested specifically about Questrade and trading with them.<\/p>\n<p>Beside the <span class=\"highlight\"><a title=\"Questrade Low Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-low-fees\/\" rel=\"nofollow\">low fee<\/a><\/span> and usual trading functionalities, one of my favourite Questrade feature is the <a title=\"Questrade - Partners Apps\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-wealthica\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">App Hub<\/a> that allows integration with third-party apps like <a class=\"thirstylink\" title=\"Wealthica Questrade App Hub\" href=\"https:\/\/stockchase.com\/discover\/go\/wealthica-questrade-app-hub\/\" target=\"_black\" rel=\"nofollow noopener noreferrer\">Wealthica<\/a> which provides enhanced reporting and automation features.<\/p>\n<p>I work at <a href=\"https:\/\/wealthica.com\" target=\"\" rel=\"noopener noreferrer\">Wealthica<\/a>, a consolidated portfolio tracker for Canadian investors.<\/p>\n<p>Thanks to Wealthica, we have our own accounts at each of the <a href=\"#top-10-canadian-brokerages\">top Canadian brokerages<\/a> and had the chance of logging into the different trading apps. I decided to write a Questrade vs the Others review to let people know why, in my case (and many others), Questrade is the winner. They will also <a title=\"Questrade Free Transfer\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">transfer you for free<\/a>.<\/p>\n<p>Let&#8217;s start&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #e6f5f6; border: 1px solid #99d6d9; padding: 30px;\">\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Discover What&#039;s Inside<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_Other_Brokerages_%F0%9F%8F%86\" >Questrade vs Other Brokerages = &#x1f3c6;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#The_Stock_Chasers_Best_Canadian_Brokerage_Awards\" >The Stock Chasers&#8217; Best Canadian Brokerage Awards<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Commission-Free_Brokerages\" >Commission-Free Brokerages<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_Wealthsimple_Trade\" >Questrade vs Wealthsimple Trade<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Wealthsimple_Trade\" >Wealthsimple Trade<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees\" >Low Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Pros\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Cons\" >Cons<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#The_Canadian_alternative_to_Robin_Hood\" >The Canadian alternative to Robin Hood<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#How_can_Questrade_compete_with_free_trading\" >How can Questrade compete with free trading?<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Wealthsimple_Trade_Cons_%F0%9F%91%8E\" >Wealthsimple Trade Cons &#x1f44e;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Wealthsimple_Trade_ends_up_significantly_more_expensive_social_proof\" >Wealthsimple Trade ends up significantly more expensive (social proof)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Now_available_to_all_Canadians\" >Now available to all Canadians<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Wealthsimple_Trade_Pros_%F0%9F%91%8D\" >Wealthsimple Trade Pros &#x1f44d;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#10_Cash_Bonus_Offer\" >$10 Cash Bonus Offer<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#National_Bank_Direct_Brokerage\" >National Bank Direct Brokerage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_Disnat_Desjardins_Online_Brokerage\" >Questrade vs Disnat (Desjardins Online Brokerage)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Desjardins_Online_Brokerage\" >Desjardins Online Brokerage<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App-2\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App-2\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability-2\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback-2\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees-2\" >Low Fees<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#NOW_COMMISSION-FREE\" >NOW COMMISSION-FREE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#So_good_at_banking_but_bad_at_trading\" >So good at banking but bad at trading<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#No_banking_integration\" >No banking integration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#No_2-factor_authentication\" >No 2-factor authentication<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Effective_mobile_trading_app\" >Effective mobile trading app<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_Virtual_Brokers\" >Questrade vs Virtual Brokers<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Virtual_Brokers\" >Virtual Brokers<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App-3\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App-3\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability-3\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback-3\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees-3\" >Low Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Pros-2\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Cons-2\" >Cons<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Top_10_Canadian_Brokerages\" >Top 10 Canadian Brokerages<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade\" >Questrade<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-44\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_The_Others_RedFlagDeals_Twitter_Polls\" >Questrade vs The Others (RedFlagDeals &amp; Twitter Polls)<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-45\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Most_popular_Canadian_brokerage_%E2%80%93_backed_by_social_proof\" >Most popular Canadian brokerage &#8211; backed by social proof<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-46\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_1_in_RedFlagDeals_and_Twitter_Polls\" >Questrade #1 in RedFlagDeals and Twitter Polls<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-47\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Best_overall_Canadian_brokerage\" >Best overall Canadian brokerage<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-48\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_Qtrade_Investor\" >Questrade vs Qtrade Investor<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-49\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Qtrade_Investor\" >Qtrade Investor<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-50\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App-4\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-51\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App-4\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-52\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability-4\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-53\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback-4\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-54\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees-4\" >Low Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-55\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Pros-3\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-56\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Cons-3\" >Cons<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-57\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Qtrade_is_not_Questrade\" >Qtrade is not Questrade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-58\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Qtrade_lags_behind_social_proof\" >Qtrade lags behind (social proof)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-59\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Using_Qtrades_web_trading_app\" >Using Qtrade&#8217;s web trading app<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-60\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Using_Qtrades_mobile_trading_app\" >Using Qtrade&#8217;s mobile trading app<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-61\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Qtrade_fees\" >Qtrade fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-62\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_Interactive_Brokers\" >Questrade vs Interactive Brokers<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-63\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Interactive_Brokers\" >Interactive Brokers<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-64\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App-5\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-65\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App-5\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-66\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability-5\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-67\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback-5\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-68\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees-5\" >Low Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-69\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Pros-4\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-70\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Cons-4\" >Cons<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-71\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Fee-structured_for_frequent_traders\" >Fee-structured for frequent traders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-72\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Complex_yet_powerful_user_interface\" >Complex yet powerful user interface<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-73\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Frustrating_trading_app_user_experience\" >Frustrating trading app user experience<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-74\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Worst_interface_and_worst_support_social_proof\" >Worst interface and worst support (social proof)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-75\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Maybe_its_better_on_mobile\" >Maybe it&#8217;s better on mobile?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-76\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#What_about_the_fees_at_Virtual_Brokers\" >What about the fees at Virtual Brokers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-77\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_fees_but_poor_trading_apps_and_support\" >Low fees but poor trading apps and support<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-78\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Big_Bank-Owned_Brokerage\" >Big Bank-Owned Brokerage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-79\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_TD_Direct_Investing_Webbroker\" >Questrade vs TD Direct Investing (Webbroker)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-80\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#TD_Direct_Investing\" >TD Direct Investing<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-81\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App-6\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-82\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App-6\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-83\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability-6\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-84\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback-6\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-85\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees-6\" >Low Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-86\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Pros-5\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-87\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Cons-5\" >Cons<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-88\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Average_big_bank-owned_brokerage_fees_and_support\" >Average big bank-owned brokerage fees and support<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-89\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#No_free_ETFs_purchases_but_free_e-series_index_funds\" >No free ETFs purchases but free e-series index funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-90\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Effective_trading_apps\" >Effective trading apps<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-91\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Big_bank-owned_trading_fee_structure\" >Big bank-owned trading fee structure<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-92\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_RBC_Direct_Investing\" >Questrade vs RBC Direct Investing<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-93\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#RBD_Direct_Investing\" >RBD Direct Investing<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-94\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App-7\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-95\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App-7\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-96\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability-7\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-97\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback-7\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-98\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees-7\" >Low Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-99\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Pros-6\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-100\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Cons-6\" >Cons<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-101\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Lagging_trading_app_updates\" >Lagging trading app updates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-102\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_app_is_5_years_behind\" >Mobile app is 5 years behind<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-103\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Fees_are_in_line_with_big_bank-owned_brokerages\" >Fees are in line with big bank-owned brokerages<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-104\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_BMO_Investorline\" >Questrade vs BMO Investorline<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-105\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#BMO_Investorline\" >BMO Investorline<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-106\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App-8\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-107\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App-8\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-108\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability-8\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-109\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback-8\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-110\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees-8\" >Low Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-111\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Pros-7\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-112\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Cons-7\" >Cons<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-113\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Testing_BMOs_trading_apps\" >Testing BMO&#8217;s trading apps<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-114\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_app_is_5_years_behind-2\" >Mobile app is 5 years behind<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-115\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Clunky_trading_apps_social_proof\" >Clunky trading apps (social proof)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-116\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Fees_are_in_line_with_big_bank-owned_brokerages-2\" >Fees are in line with big bank-owned brokerages<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-117\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_Scotia_iTrade\" >Questrade vs Scotia iTrade<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-118\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Scotia_iTrade\" >Scotia iTrade<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-119\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Web_Trading_App-9\" >Web Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-120\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Mobile_Trading_App-9\" >Mobile Trading App<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-121\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Features_Usability-9\" >Features &amp; Usability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-122\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Social_Feedback-9\" >Social Feedback<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-123\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Low_Fees-9\" >Low Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-124\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Pros-8\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-125\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Cons-8\" >Cons<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-126\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Big_bank-owned_with_independent_roots\" >Big bank-owned with independent roots<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-127\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#The_best_trading_app_market_data_integration\" >The best trading app market data integration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-128\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#They_recently_fixed_what_was_broken\" >They recently fixed what was broken<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-129\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_CIBC_Investors_Edge\" >Questrade vs CIBC Investor&#8217;s Edge<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-130\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Questrade_vs_Tangerine\" >Questrade vs Tangerine<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-131\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Banks_We_Did_Not_Consider\" >Banks We Did Not Consider<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-132\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#HSBC_InvestDirect\" >HSBC InvestDirect<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-133\" href=\"https:\/\/stockchase.com\/discover\/questrade-vs-competitors-review\/#Wealthica_to_see_all_your_investments_in_one_place\" >Wealthica to see all your investments in one place<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: center; padding-bottom: 10px;\"><span class=\"ez-toc-section\" id=\"Questrade_vs_Other_Brokerages_%F0%9F%8F%86\"><\/span>Questrade vs Other Brokerages = &#x1f3c6;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><a href=\"#questrade-vs-others\">Questrade vs the Others<\/a>\n<ul>\n<li><a href=\"#best-canadian-brokerage-awards\">1.1 Our Best Brokerage Awards<\/a><\/li>\n<li><a href=\"#top-10-canadian-brokerages\">1.2 Top 10 Canadian Brokerages Ranked<\/a><\/li>\n<li><a href=\"#questrade-vs-the-others\">1.3 Questrade vs The Others<\/a><\/li>\n<li><a href=\"#questrade-redflagdeals-twitter-polls\">1.4 Questrade; #1 in RedFlagDeals * Twitter Polls<\/a><\/li>\n<\/ul>\n<\/li>\n<li><a href=\"#independent-online-brokerage\">Independent online brokerages<\/a>\n<ul>\n<li><a href=\"#qtrade-vs-questrade\">2.1 Questrade vs Qtrade Investor<\/a><\/li>\n<li><a href=\"#interactive-brokers-vs-questrade\">2.2 Questrade vs Interactive Brokers<\/a><\/li>\n<li><a href=\"#virtual-brokers-vs-questrade\">2.3 Questrade vs Virtual Brokers<\/a><\/li>\n<li><a href=\"#wealthsimple-trade-vs-questrade\">2.4 Questrade vs Wealthsimple Trade<\/a><\/li>\n<\/ul>\n<\/li>\n<li><a href=\"#big-bank-owned-canadian-brokerages\">Big bank-owned brokerages<\/a>\n<ul>\n<li><a href=\"#td-web-broker-vs-questrade\">3.1 Questrade vs TD Webbroker<\/a><\/li>\n<li><a href=\"#rbc-direct-investing-vs-questrade\">3.2 Questrade vs RBC Direct Investing<\/a><\/li>\n<li><a href=\"#bmo-investor-line-vs-questrade\">3.3 Questrade vs BMO Investorline<\/a><\/li>\n<li><a href=\"#desjardins-online-brokerage-disnat-vs-questrade\">3.4 Questrade vs Disnat (Desjardins Online Brokerage)<\/a><\/li>\n<li><a href=\"#scotia-itrade-vs-questrade\">3.5 Questrade vs Scotia iTrade<\/a><\/li>\n<li><a href=\"#cibc-investors-edge-vs-questrade\">3.6 Questrade vs CIBC Investor&#8217;s Edge<\/a><\/li>\n<li><a href=\"#tangerine-vs-questrade\">3.7 Questrade vs Tangerine<\/a><\/li>\n<\/ul>\n<\/li>\n<li><a href=\"#banks-we-did-not-consider\">Banks we did not consider<\/a>\n<ul>\n<li><a href=\"#national-bank-direct-brokerage-vs-questrade\">4.1 National Bank Direct Brokerage<\/a><\/li>\n<li><a href=\"#hsbc-investdirect-vs-questrade\">4.2 HSBC InvestDirect<\/a><\/li>\n<\/ul>\n<\/li>\n<li><a href=\"#using-wealthica-with-questrade\">Using Wealthica to fix your brokerage&#8217;s bad user interface<\/a><\/li>\n<\/ol>\n<\/div>\n<hr style=\"color: #99d6d9; background-color: #99d6d9; border-top: 1px solid #99d6d9;\" \/>\n<p style=\"font-size: 16px;\"><span class=\"highlight\"><strong>Affiliate Disclaimer<\/strong><\/span> \u2013 Even though we receive referral fees from companies mentioned on this website, we try to make our reviews unbiased and backed by our own experience and social proof. If you sign up for Questrade using our <a href=\"https:\/\/stockchase.com\/discover\/go\/questrade\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">affiliate link<\/a> or Wealthsimple <a href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">affiliate link<\/a>, we may earn a commission. We will use most of the revenues to make <a href=\"https:\/\/stockchase.com\" target=\"_blank\" rel=\"noopener noreferrer\">Stockchase<\/a> and <a href=\"https:\/\/wealthica.com\" target=\"_blank\" rel=\"noopener noreferrer\">Wealthica<\/a> better. Your support helps and we genuinely appreciate it. If you don\u2019t want to use it, here\u2019s a <a href=\"https:\/\/www.questrade.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">non-affiliate link<\/a> to Questrade and a <a href=\"https:\/\/my.wealthsimple.com\/app\/public\/signup?locale=en-ca\" target=\"_blank\" rel=\"noopener noreferrer\">non-affiliate link<\/a> to Wealthsimple Trade. Either way we truly believe that they\u2019re the best brokerage available in Canada and that you&#8217;ll be happy with them. Do your research on Google, Reddit and Facebook groups and you\u2019ll find most people <a title=\"What is the best Canadian brokerage? (Reddit Link)\" href=\"https:\/\/www.reddit.com\/r\/CanadianInvestor\/comments\/8g153t\/how_to_start_trading_in_canada\/\" target=\"_blank\" rel=\"noopener noreferrer\">say the same<\/a>.<\/p>\n<h3 id=\"best-canadian-brokerage-awards\"><span class=\"ez-toc-section\" id=\"The_Stock_Chasers_Best_Canadian_Brokerage_Awards\"><\/span>The Stock Chasers&#8217; Best Canadian Brokerage Awards<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/stockchase.com\/discover\/go\/questrade\" rel=\"nofollow\"><img fetchpriority=\"high\" decoding=\"async\" title=\"stockchase-best-brokerage-award-questrade-wins.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/stockchase-best-brokerage-award-questrade-wins-1.png\" alt=\"Stockchase Best Brokerage Award Questrade Wins\" width=\"825\" height=\"515\" border=\"0\" \/><\/a><\/p>\n<p>We spent more than 150 hours analyzing the Top 10 Canadian Brokerages to choose our 3 winners. We logged into most of the Canadian Brokerage trading apps and compared the Canadian brokerages&#8217; web trading app, mobile app, features and usability, social feedback and low fees. And the winner is&#8230;<\/p>\n<p>&#x1f3c6; <strong>Questrade<\/strong> &#8211; <a href=\"https:\/\/stockchase.com\/discover\/go\/questrade\" rel=\"nofollow\">Best of All Canadian Brokerages<\/a><\/p>\n<p>&#x1f3c6; <strong>Interactive Brokers<\/strong> &#8211; Best for Frequent and Advanced Traders<\/p>\n<p>&#x1f3c6; <strong>Scotia iTrade<\/strong> &#8211; Best Big Bank-Owned Brokerage<\/p>\n<p><u>January 2021 Update<\/u><\/p>\n<p>We still maintain our ranking, but there are now definitely not 3 but 4 Canadian Brokerages that stand out. <a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Wealthsimple<\/a> has been keeping the pace, adding new features regularly. If it wasn&#8217;t for the lack of a real US account, it would be near the top of our ranking. It even launched <a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Wealthsimple Crypto<\/a>, which allows you to buy &amp; Sell Bitcoin &amp; Ethereum easily.<\/p>\n<p>Read our full <a href=\"#wealthsimple-trade-vs-questrade\">Wealthsimple Trade Review<\/a> and you might consider signing up for\u00a0<a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Wealthsimple Trade <\/a>. Get a $10 cash bonus and commission-free trades when you <a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">open a Wealthsimple Trade or Crypto account<\/a> using our special link!<\/p>\n<p><span style=\"font-weight: 400;\">As of January 18, 2021 Questrade pre-market trading hours will begin at 7 am EST so you can get a head start on your trading day. This gives another edge to Questrade that was an advantage that Interactive Broker had before. <\/span> <u>Previous Update<\/u><\/p>\n<p>One more reason to choose Questrade is that the broker will no longer be charging inactivity fees on any accounts. Fierce competition, especially from Wealthsimple Trade, is helping lowering fees at other brokerages like Questrade. This is great news for the ETF or <a href=\"https:\/\/wealthica.com\/blog\/canadian-couch-potato-investing\/\" target=\"_blank\" rel=\"noopener\">Canadian Couch Potato Investor<\/a> that does not trade so often. We updated our <a href=\"https:\/\/stockchase.com\/discover\/questrade-trading-review\/\">Questrade Review<\/a> accordingly.<\/p>\n<p>We maintain our ranking for the time being, but <a href=\"#wealthsimple-trade-vs-questrade\">Wealthsimple Trade<\/a> is quickly climbing up the ranking. In general, commission-free trading is challenging the most popular online brokerage. Wealthsimple Trade recently added support for TFSA, RRSP and made its API available for integration with <a href=\"#using-wealthica-with-questrade\">Wealthica<\/a>. <a href=\"#interactive-brokers-vs-questrade\">Interactive Brokers<\/a> also launched a commission-free trading option it calls IBKR Lite available only for US listed stocks. Questrade does offer unlimited commission-free ETF trading but commissions still apply to stocks listed on Canadian and US stock exchanges.<\/p>\n<p>These are the 3 Canadian Brokerages that stand out. They\u2019re the best brokerage available in Canada. We prefer Questrade, but rest assured you&#8217;ll be happy trading with any of our 3 winners : Questrade, Interactive Brokers and Scotia iTrade.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Commission-Free_Brokerages\"><\/span>Commission-Free Brokerages<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Commission-free brokerages have been ubiquitous lately. In the USA, Robinhood is the clear leader of the commission-free trading world, but there\u2019s no Robinhood here in Canada.<\/p>\n<p>Rest assured, we have our own option. Wealthsimple Trade is still leading the way and pushing its competitors against the wall. Questrade revamped its apps recently in order to try to counter Wealthsimple. It also announced different fee reduction measures (real-time quotes, no more inactivity fee, etc.) but Wealthsimple keeps the lead in the category. If you are looking for a basic, mostly Canadian stock or ETF portfolio, Wealthsimple is clearly the best option when it comes to zero transaction fees.<\/p>\n<p>But there is also the National Bank Direct Brokerage and Disnat.<\/p>\n<p>We will talk about them all and you can be the judge of what would best satisfy your needs&#8230;<\/p>\n<p>Bear in mind, however, that commission-free brokerages do make money from <a href=\"https:\/\/www.investopedia.com\/articles\/insights\/080316\/how-financial-spreadbetting-companies-make-money-igghy.asp\" target=\"_blank\" rel=\"noopener\">spreads<\/a> and exchange rates. But if you&#8217;re very active and trade in large volumes, it may be worth it.<\/p>\n<p>Let&#8217;s take a look at them, one by one&#8230;<\/p>\n<h3 id=\"wealthsimple-trade-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_Wealthsimple_Trade\"><\/span>Questrade vs Wealthsimple Trade<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-50011\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container  \">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"Wealthsimple_Trade\"><\/span>Wealthsimple Trade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">No-fee CAD trades<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"Wealthsimple Trade\" class=\"wppr-default-img\" href=\"https:\/\/www.wealthsimple.com\/en-ca\/product\/trade\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/wealthsimple-trade-logo.jpg\"\n\t\t\t\talt=\"Wealthsimple Trade\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p80 wppr-very-good\">\n\t\t\t\t\t<span>8<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(288deg);\n\t\t-ms-transform: rotate(288deg);\n\t\ttransform: rotate(288deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"50\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>5.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"98\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>9.8\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"90\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>9.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"98\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>9.8\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t<div class=\" pros\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Pros\"><\/span>\n\t\t\t\tPros\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(TRADE WINS) No-fee CAD stock trades<\/li>\n\t\t\t\t\t\t\t\t\t<li>(TRADE WINS) Modern mobile app<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\" cons\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Cons\"><\/span>\n\t\t\t\tCons\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) No USD Accounts<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) High USD fee<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Stocks availability<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) No TFSA or RRSP<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) DRIP not supported<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t\t\t\t\t<div class=\"affiliate-button\">\n\t\t\t\t\t<a href=\"https:\/\/www.wealthsimple.com\/en-ca\/product\/trade\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t\t\t<span>-<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><!-- end .affiliate-button -->\n\t\t\t<\/div>\n\n<p>Update (January 2021) : Added a Web App<br \/>\nUpdate (July 2020) : Added DRIPs not supported as cons.<br \/>\nUpdate (October 2019) : Wealthsimple Trade now supports RRSP.<br \/>\nUpdate (September 2019) : Wealthsimple Trade now supported at Wealthica though API.<br \/>\nUpdate (July 2019) : Wealthsimple Trade now supports TFSA.<br \/>\nUpdate (March 2019) : Wealthsimple Trade is now open to everyone.<\/p>\n<p>&#x2705;Questrade wins for low USD conversion fee (using Norbert&#8217;s Gambit)<br \/>\n&#x2705;Questrade wins for offering USD and More Registered accounts (RESP, RRSP, etc.)<br \/>\n&#x2611;&#xfe0f;Wealthsimple wins over Questrade for No-Fee Canadian Stock Trading<\/p>\n<p><a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Wealthsimple Trade<\/a> is quickly establishing itself as a serious contender to Questrade.<\/p>\n<p>It recently added a Web App and launched <a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Wealthsimple Crypto<\/a> which allows investor to easily buy Bitcoin or Ethereum.<\/p>\n<p>Wealthsimple&#8217;s investing service is well known as a robo-advisor (building an <a title=\"Questrade ETF Portfolios\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-etf-portfolios\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ETF portfolio<\/a> and rebalancing it for you). It recently launched <span style=\"text-decoration: line-through;\">a beta version of<\/span> Wealthsimple Trade as a new service that competes with <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a>.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"The_Canadian_alternative_to_Robin_Hood\"><\/span>The Canadian alternative to Robin Hood<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Wealthsimple Trade is meant to be an alternative to the very popular <a href=\"https:\/\/investing.robinhood.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Robin Hood App<\/a>, which offers commission-free stock trading in the USA.<\/p>\n<p>Robin Hood is not available in Canada, but now there&#8217;s an alternative, as Wealthsimple Trade offers commission-free Canadian stock trading.<\/p>\n<p><img decoding=\"async\" title=\"questrade-vs-wealthsimple-trade-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-wealthsimple-trade-screenshot.png\" alt=\"Questrade vs Wealthsimple Trade Screenshot\" width=\"825\" border=\"0\" \/> <span style=\"font-size: 12px;\">Screenshot of Wealthsimple Trade from <a href=\"https:\/\/www.cafedesinvestisseurs.com\/2019\/01\/wealthsimple-trade-un-premier-essai-prometteur\/\" target=\"_blank\" rel=\"noopener\">Caf\u00e9 des Investisseurs<\/a> (French)<\/span><\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"How_can_Questrade_compete_with_free_trading\"><\/span>How can Questrade compete with free trading?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span class=\"highlight\">Wealthsimple Trade has to make money somehow.<\/span><\/p>\n<div style=\"margin: 25px 0; background-color: #e6f5f6; border: 1px solid #99d6d9; padding: 15px 5px 15px 0px;\">\n<h2 style=\"text-align: center; padding-bottom: 10px;\"><span class=\"ez-toc-section\" id=\"Wealthsimple_Trade_Cons_%F0%9F%91%8E\"><\/span>Wealthsimple Trade Cons &#x1f44e;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><span style=\"text-decoration: line-through;\">Mobile app only<\/span><\/li>\n<li>No USD accounts, expensive currency conversions<\/li>\n<li>Lacks some types of registered accounts.<\/li>\n<li><span style=\"text-decoration: line-through;\">No API yet (Wealthsimple has it but Trade not yet)<\/span><\/li>\n<li>Cash accounts only, no margin<\/li>\n<li>Ends up more expensive if you buy &amp; sell US stocks<\/li>\n<li>There might be a delay in trade execution<\/li>\n<li>Not all Canadian and US securities are available to trade<\/li>\n<li>DRIPs not supported<\/li>\n<\/ol>\n<\/div>\n<p>As they state on their own web site: &#8220;<a href=\"https:\/\/tradehelp.wealthsimple.com\/hc\/en-ca\/articles\/360010875134-Is-it-really-0-commission-How-does-Wealthsimple-Trade-make-money-\" target=\"_blank\" rel=\"noopener\">Wealthsimple Trades makes money on currency exchanges for US trades<\/a>, and they plan on launching premium features in the future that will carry fees.&#8221; In fact, <strong><a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Wealthsimple Trade<\/a> does not allow one to hold USD in your accounts<\/strong>. <span class=\"highlights\">This means that a currency conversion occurs each time you want to buy or sell a US stock <\/span> (and you pay a commission each time).<\/p>\n<p>One big drawback, you can&#8217;t hold USD in your accounts; neither can you use Norbert Gambit to convert CAD to USD. And, as @DrDohDay <a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/hc5kx7\/questrade_wealtshimple_combo_deal\/\" target=\"_blank\" rel=\"noopener\">mentioned on Reddit<\/a>, Wealthsimple Trade lacks support for DRIP\/fractional shares.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Wealthsimple_Trade_ends_up_significantly_more_expensive_social_proof\"><\/span><a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Wealthsimple Trade<\/a> ends up significantly more expensive (social proof)<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Here are a few comments posted on Reddit going in the same direction&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 30px;\"><img decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/wealthsimpletrade-reddit-1-760x72.png\" alt=\"Wealthsimple vs Questrade Reddit Review #1\" width=\"760\" height=\"72\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 30px;\"><img decoding=\"async\" style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"questrade-vs-wealthsimple-trade-3.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/04\/questrade-vs-wealthsimple-trade-3.png\" alt=\"Questrade vs Wealthsimple Trade No Norbert Gambit\" width=\"825\" height=\"106\" border=\"0\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 30px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/Screenshot-2019-02-18-13.34.43-760x67.png\" alt=\"Wealthsimple Trade Comment #2 on Reddit\" width=\"760\" height=\"67\" \/><\/div>\n<p>There are also reports that <a href=\"https:\/\/tradehelp.wealthsimple.com\/hc\/en-ca\/articles\/360012164133-Why-can-t-I-find-the-particular-stock-or-ETF-I-m-looking-for-\" target=\"_blank\" rel=\"noopener\">not all Canadian and US securities are available to trade on Wealthsimple<\/a>. When we asked why we couldn&#8217;t trade Sonos or even Disney, this is what they answered :<\/p>\n<blockquote style=\"font-family: 'Montserat', 'Helvetica Neue', Arial,Verdana,sans-serif; color: #444444; font-weight: 300px;\"><p>With regards to SONOS, we don&#8217;t currently support all stocks trading on the NYSE or TSE as they need to meet the requirements I&#8217;ve linked below. A big requirement that a lot of bigger stocks like SONOS or DISNEY fail to meet is being eligible to be traded through CDS, which is the service our back-end uses to actually make the trades. &#8212; Wealthsimple Trade<\/p><\/blockquote>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Now_available_to_all_Canadians\"><\/span>Now available to all Canadians<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"text-decoration: line-through;\">Wealthsimple trade is currently available on a limited basis to users on a waitlist only. We have one active account, and we&#8217;ve requested another. We&#8217;re currently #59,871 on the waitlist. We&#8217;ll be testing the service further and will update our comparison with Questrade when we have more details about how Wealthsimple Trade compares.<\/span> Wealthsimple trade is now open to everyone. As we noted earlier, we think it&#8217;s a good addition in your <a href=\"https:\/\/stockchase.com\/discover\/7-essential-tools-to-succeed-as-a-diy-investor\/\">DIY investing arsenal<\/a>.<\/p>\n<div style=\"margin: 25px 0; background-color: #e6f5f6; border: 1px solid #99d6d9; padding: 15px 5px 15px 0px;\">\n<h2 style=\"text-align: center; padding-bottom: 10px;\"><span class=\"ez-toc-section\" id=\"Wealthsimple_Trade_Pros_%F0%9F%91%8D\"><\/span>Wealthsimple Trade Pros &#x1f44d;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>It&#8217;s free<\/li>\n<li>It now supports TFSA and RRSP accounts<\/li>\n<li>It now syncs with Wealthica through API<\/li>\n<li>Great if you are buying and holding Canadian stocks only<\/li>\n<li>Great if you&#8217;d like to buy crypto<\/li>\n<li>Great as a complement to a full-featured <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade brokerage account<\/a><\/li>\n<\/ol>\n<\/div>\n<p><span class=\"highlight\">Today, Trade now looks like <span style=\"text-decoration: line-through;\">a nice<\/span> an essential complement to a full-featured <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade brokerage account<\/a> vs a complete trading account replacement.<\/span><\/p>\n<h2 style=\"text-align: center; padding-bottom: 10px;\"><span class=\"ez-toc-section\" id=\"10_Cash_Bonus_Offer\"><\/span>$10 Cash Bonus Offer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>We invite you to sign up for a free <a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Wealthsimple Trade and Crypto<\/a> account. You&#8217;ll even get a $10 cash bonus and commission-free trades when you <a title=\"wtrade\" href=\"https:\/\/stockchase.com\/discover\/go\/wtrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">open a Wealthsimple Trade or Crypto account<\/a> using our special link!<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Simon holds an active Wealthsimple Trade account.<\/span><\/p>\n<h3 id=\"national-bank-direct-brokerage-vs-questrade\"><span class=\"ez-toc-section\" id=\"National_Bank_Direct_Brokerage\"><\/span>National Bank Direct Brokerage<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>National Bank has recently put lots of efforts on its Direct Brokerage service.<\/p>\n<p>They don\u2019t lag so much anymore. When we first reviewed National Bank Direct Brokerage in 2018, it wasn\u2019t even offering paperless signup. Clients had to bring a printed form to a branch to complete account opening. \u00a0They jumped into the self-directed brokerage wagon and are now trying to position among the top options. We will complete a thorough review soon.<\/p>\n<p><strong>NBDB IS NOW COMMISSIONS-FREE<\/strong><\/p>\n<p>We would probably consider it as a viable option if we were banking with National Bank<\/p>\n<h3 id=\"desjardins-online-brokerage-disnat-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_Disnat_Desjardins_Online_Brokerage\"><\/span>Questrade vs Disnat (Desjardins Online Brokerage)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-50121\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container wppr-review-no-pros wppr-review-no-cons\">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"Desjardins_Online_Brokerage\"><\/span>Desjardins Online Brokerage<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">Commission-Free<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"Desjardins Online Brokerage\" class=\"wppr-default-img\" href=\"https:\/\/disnat.com\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/desjardins-online-brokerage-disnat-logo.jpg\"\n\t\t\t\talt=\"Desjardins Online Brokerage - Disnat\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p74 wppr-good\">\n\t\t\t\t\t<span>7.4<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(266.4deg);\n\t\t-ms-transform: rotate(266.4deg);\n\t\ttransform: rotate(266.4deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App-2\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"80\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App-2\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability-2\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"70\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback-2\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"90\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees-2\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>9.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t\t\t\t\t<div class=\"affiliate-button\">\n\t\t\t\t\t<a href=\"https:\/\/disnat.com\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t\t\t<span>-<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><!-- end .affiliate-button -->\n\t\t\t<\/div>\n\n<p>&#x2705;Questrade wins over Disnat for bank\/deposit integration<\/p>\n<p>&#x2705;Questrade wins over Disnat for user experience<\/p>\n<p>&#x2611;&#xfe0f;Disnat wins over Questrade for fees<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"NOW_COMMISSION-FREE\"><\/span>NOW COMMISSION-FREE<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"So_good_at_banking_but_bad_at_trading\"><\/span>So good at banking but bad at trading<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-desjardins-disnat-online-brokerage-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-desjardins-disnat-online-brokerage-screenshot.png\" alt=\"Questrade vs Desjardins Disnat Online Brokerage Screenshot\" width=\"825\" height=\"401\" border=\"0\" \/><\/p>\n<p><strong>Disnat now offers commission-free trading.<\/strong><\/p>\n<p>I opened my Disnat account in 2011, it was my first brokerage account, to buy some <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\" target=\"_blank\" rel=\"noopener noreferrer\">Apple<\/a> stock. It gave me a pretty good return. &#x1f60a;<\/p>\n<p>These days I should close it to avoid the $30.00 inactivity fee :<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 30px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-disnat-inactivity-fee-760x194.png\" alt=\"Questrade vs Disnat -- Inactivity Fee\" width=\"760\" height=\"194\" \/><\/div>\n<p style=\"font-size: 12px; margin-top: -20px;\">Note that Inactivity fees are waived if: 6 or more tradeshave been executed in the preceding 12 months, if the value of the portfolio is $15,000 or more or if a registered account (RRSP, RRIF, RESP) is held.<\/p>\n<p style=\"font-size: 12px; margin-top: -20px;\">Disnat Transactions Tracked with Wealthica<\/p>\n<p>I love Desjardins&#8217;s banking site (AccessD) and I wonder why they are so bad at trading and wealth management when they are so good at banking.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"No_banking_integration\"><\/span>No banking integration<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span class=\"highlight\">I searched for a while but did not find any advantage for Desjardins banking clients to trade with Disnat vs Questrade.<\/span><\/p>\n<p>Using Disnat you&#8217;re in for many frustrations.<\/p>\n<p>The app is well laid out but some listings are hidden under expandable accordion ui elements which makes it hard to navigate. It&#8217;s definetly a pain to browse your holdings. And even after 15 minutes of intense browsing, I haven&#8217;t figured out how I am supposed to transfer funds.<\/p>\n<p>I have yet to find a link with instructions for fund transfers. It seems my bank account isn&#8217;t registered so there&#8217;s no option to send funds. &#x1f937;<\/p>\n<p>Funds transfers with Disnat seems problematic in general (Reddit comment) :<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-disnat-fund-transfers-reddit-comment-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-disnat-fund-transfers-reddit-comment-1.png\" alt=\"Questrade vs disnat fund transfers reddit comment 1\" width=\"760\" height=\"69\" border=\"0\" \/><\/div>\n<p>User interface is somehow similar to Qtrade, a bit clunky and not feature rich.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"No_2-factor_authentication\"><\/span>No 2-factor authentication<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>In term of security, it seems Disnat doesn&#8217;t even support 2-factor authentication yet. That&#8217;s when you need to authorize new devices with a 2nd level of security (a code sent to your phone or an authentication app). 2fa is an essential trading security feature and available at most financial institutions.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Effective_mobile_trading_app\"><\/span>Effective mobile trading app<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>On the positive side : one thumb up to the Disnat mobile app. &#x1f44d;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-disnat-mobile-app-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-disnat-mobile-app-screenshot.png\" alt=\"Questrade vs Disnat Mobile App Screenshot\" width=\"2360\" height=\"1679\" border=\"0\" \/> It&#8217;s 100X better than <a href=\"#bmo-investor-line-vs-questrade\">BMO<\/a>&#8216;s or <a href=\"#rbc-direct-investing-vs-questrade\">RBC<\/a>&#8216;s. It&#8217;s nice and easy to use, supports Touch ID \/ Face ID for authentication and it works. It has limited features and has only been updated with small fixes in the last 2 years+ but still it&#8217;s a decent mobile app to buy &amp; sell stocks.<\/p>\n<p>Fees are similar to big banks-owned brokerage and there is no possibility to buy ETFs for free. After looking further into Desjardins (Disnat) Online Brokerage, <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> is still my #1 brokerage.<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Martin holds an inactive trading account.<\/span><\/p>\n<h3 id=\"virtual-brokers-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_Virtual_Brokers\"><\/span>Questrade vs Virtual Brokers<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-50024\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container  \">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"Virtual_Brokers\"><\/span>Virtual Brokers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">$0.01 per share<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"Virtual Brokers\" class=\"wppr-default-img\" href=\"https:\/\/www.virtualbrokers.com\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/virtual-brokers-logo.jpg\"\n\t\t\t\talt=\"Virtual Brokers\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p66 wppr-good\">\n\t\t\t\t\t<span>6.6<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(237.6deg);\n\t\t-ms-transform: rotate(237.6deg);\n\t\ttransform: rotate(237.6deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"60\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App-3\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"50\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App-3\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>5.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"70\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability-3\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"60\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback-3\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"90\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees-3\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>9.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t<div class=\" pros\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Pros-2\"><\/span>\n\t\t\t\tPros\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(VB WINS) Buying Mutual Funds<\/li>\n\t\t\t\t\t\t\t\t\t<li>(VB WINS) New lower fees<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\" cons\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Cons-2\"><\/span>\n\t\t\t\tCons\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Worst Apps<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Worst Support<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) No Norbert&#039;s Gambit<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Serious usability problems<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t\t\t\t\t<div class=\"affiliate-button\">\n\t\t\t\t\t<a href=\"https:\/\/www.virtualbrokers.com\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t\t\t<span>-<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><!-- end .affiliate-button -->\n\t\t\t<\/div>\n\n<p>&#x2705;Questrade wins over Virtual Brokers for overall user experience<br \/>\n&#x2705;Questrade wins over Virtual Brokers for customer support &amp; live chat<br \/>\n&#x2611;&#xfe0f;Virtual Brokers wins over Questrade when buying mutual funds<\/p>\n<h3 id=\"top-10-canadian-brokerages\"><span class=\"ez-toc-section\" id=\"Top_10_Canadian_Brokerages\"><\/span>Top 10 Canadian Brokerages<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span class=\"highlight\">We reviewed the Top 10 Canadian Brokerages and gave them a score out of 10. <\/span><\/p>\n<p>You can jump to the full review of any of the Top Canadian Brokerages : <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">Questrade<\/a>, <a href=\"#interactive-brokers-vs-questrade\">Interactive Brokers<\/a>, <a href=\"#scotia-itrade-vs-questrade\">Scotia iTrade<\/a>, <a href=\"#td-web-broker-vs-questrade\">TD Webbroker<\/a>, <a href=\"#wealthsimple-trade-vs-questrade\">Wealthsimple Trade<\/a>, <a href=\"#qtrade-vs-questrade\">Qtrade Investor<\/a>, <a href=\"#rbc-direct-investing-vs-questrade\">RBC Direct Investing<\/a>, <a href=\"#bmo-investor-line-vs-questrade\">BMO Investorline<\/a>, <a href=\"#desjardins-online-brokerage-disnat-vs-questrade\">Desjardins Disnat<\/a> or <a href=\"#virtual-brokers-vs-questrade\">Virtual Brokers<\/a>.<\/p>\n<div class=\"wppr-template wppr-template-1 \">\n\n\t\n\t<div id=\"wppr-review-46267\" class=\"wppr-review-container\">\n\n\t\t<h2 class=\"wppr-review-name\"><span class=\"ez-toc-section\" id=\"Questrade\"><\/span>Questrade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\t\t\t<div class=\"wppr-review-stars \" style=\"direction: \">\n\t\t\t<div class=\"wppr-review-stars-grade wppr-weak\">\n\t\t\t\t\t<i class=\"dashicons dashicons-star-empty wppr-dashicons\"><\/i>\n\t\t\t\t\t\t\t\t\t<i class=\"dashicons dashicons-star-empty wppr-dashicons\"><\/i>\n\t\t\t\t\t\t\t\t\t<i class=\"dashicons dashicons-star-empty wppr-dashicons\"><\/i>\n\t\t\t\t\t\t\t\t\t<i class=\"dashicons dashicons-star-empty wppr-dashicons\"><\/i>\n\t\t\t\t\t\t\t\t\t<i class=\"dashicons dashicons-star-empty wppr-dashicons\"><\/i>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t<div class=\"wppr-review-grade\">\n\t\t\t<div class=\"wppr-review-grade-number\">\n\t\t\t\t\t\t\t\t<span class=\"wppr-review-rating-grade wppr-p0 wppr-weak\">\n\t\t\t\t\t0\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t<div class=\"wppr-review-product-image\">\n\t\t\t\t\t\t<a title=\"Questrade\" class=\"wppr-default-img\" href=\"\"  rel=\"nofollow\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-logo.jpg\"\n\t\t\t\talt=\"Questrade\"\n\t\t\t\tclass=\"wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t<div class=\"wppr-review-grade-options \">\n\t\t\t\t<\/div><!-- end .wppr-review-grade-options -->\n\t\n\t\t<\/div><!-- end .wppr-review-grade -->\n\n\t\t<div class=\"wppr-review-pros-cons wppr-review-one-column\">\n\t\t\t\t\t\t\t\t<\/div><!-- end .wppr-review-pros-cons -->\n\n\t<\/div><!-- end .wppr-review-container -->\n\t\n<\/div>\n\n<h3 id=\"questrade-vs-the-others\"><span class=\"ez-toc-section\" id=\"Questrade_vs_The_Others_RedFlagDeals_Twitter_Polls\"><\/span>Questrade vs The Others (RedFlagDeals &amp; Twitter Polls)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There are a whole bunch of Canadian online broker reviews and comparisons online. It&#8217;s hard to figure out which one is biased and which one is not. Many of these reviews and comparison posts are written by people that have never logged-in to any other trading app than Questrade. They&#8217;re meant to promote <strong>Questrade&#8217;s $50 free-trades offer<\/strong> (like our own <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">affiliate link<\/a> to <a class=\"thirstylink\" title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a>).<\/p>\n<p><span class=\"highlight\">Sometimes, I even ask myself if they ever login to Questrade.<\/span><\/p>\n<p>You also have big medias&#8217; most popular Canadian Brokerage Reviews.<\/p>\n<p><a href=\"https:\/\/moneysense.com\" target=\"_blank\" rel=\"noopener noreferrer\">Moneysense<\/a> (recently <a href=\"https:\/\/www.newswire.ca\/news-releases\/ratehub-inc-acquires-moneysense-701554851.html\" target=\"_blank\" rel=\"noopener noreferrer\">sold to RateHub<\/a> by <a href=\"https:\/\/stockchase.com\/company\/view\/1026\/RCIB-T\" target=\"_blank\" rel=\"noopener noreferrer\">Rogers<\/a>) has got the #1, #2 and #3 spots on Google for a &#8220;Brokerage Comparison Canada&#8221; search. They produce tons of high quality content. <span style=\"text-decoration: line-through;\">Yet, they rank <a href=\"#qtrade-vs-questrade\">Qtrade<\/a> as the <a href=\"https:\/\/www.moneysense.ca\/save\/investing\/canadas-best-online-brokers-2018\/\" target=\"_blank\" rel=\"noopener noreferrer\">#1 brokerage in Canada<\/a>. What? Qtrade is not bad, but the best in Canada? Clearly not.<\/span> As of 2019, Moneysense now ranks Questrade as #1 brokerage in Canada. We&#8217;re now on the same page. &#x1f44d;<\/p>\n<p><a href=\"https:\/\/theglobeandmail.com\" target=\"_blank\" rel=\"noopener noreferrer\">The Globe and Mail<\/a> has <a href=\"#virtual-brokers-vs-questrade\">Virtual Brokers<\/a> as #1 Brokerage (on par with TD) in the latest <a href=\"https:\/\/www.theglobeandmail.com\/investing\/article-which-online-brokerage-is-best-rob-carrick-ranks-your-options\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Global and Mail Online Brokerage Ranking Award for 2019<\/a>. As much as I respect <a href=\"https:\/\/twitter.com\/rcarrick\" target=\"_blank\" rel=\"noopener noreferrer\">Rob Carrick<\/a>, Virtual Brokers has one of the worst trading app of all Canadian brokers; they also have one of the worst customer service.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Most_popular_Canadian_brokerage_%E2%80%93_backed_by_social_proof\"><\/span>Most popular Canadian brokerage &#8211; backed by social proof<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>What&#8217;s wrong with these rankings? &#x1f914;<\/p>\n<p>My personal opinion is that they are not backed by real user feedback or they focus on the users&#8217; own appreciation of their brokerage. If you&#8217;re happy with your trading account and someone asks you if it&#8217;s the best, you&#8217;ll probably answer that it is. But is it really? Hard to know if you haven&#8217;t compared.<\/p>\n<p>The most popular online reviews don&#8217;t showcase screenshots of the different online trading apps. If your trading experience will be 100% inside a trading app, shouldn&#8217;t you be able to see what it looks like before choosing your preferred online brokerage? Maybe the overall user experience should have more weight vs who offers the most reporting features.<\/p>\n<p><span class=\"highlight\">Our Canadian Brokerage Review is different.<\/span><\/p>\n<p>We logged into most of the Canadian Brokerage trading apps, we ran a few trades and took many screenshots. Our comparison focuses on providing you with facts, screenshots of the trading apps and our opinion about the app with additional <a href=\"#questrade-redflagdeals-twitter-polls\">social proof<\/a> by real users (comments you can find on social medias) to back our statements.<\/p>\n<p>We&#8217;re not hiding our bias. We too want you to use our link to open an account at <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> (and get your <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">$50 in free-trades coupon<\/a>), but we worked hard to earn your trust and clicks on our affiliate link by proving Questrade is the #1 Canadian Brokerage with extended research and true facts.<\/p>\n<h4 id=\"questrade-redflagdeals-twitter-polls\" style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Questrade_1_in_RedFlagDeals_and_Twitter_Polls\"><\/span>Questrade #1 in RedFlagDeals and Twitter Polls<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Here are RedFlagDeals polls taken by the <a href=\"https:\/\/forums.redflagdeals.com\/trying-choose-between-rbc-td-questrade-2225600\/2\/\" target=\"_blank\" rel=\"noopener\">RedFlagDeals<\/a> Personal Finance \/\u00a0Investing forums community. <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">Questrade<\/a> was #1 in both most preferred and most popular brokerage polls. Over 100 people, who are knowledgeable, voted for their favourite trading apps. <a href=\"#td-web-broker-vs-questrade\">TD Webbroker<\/a> was 2nd for most popular, <a href=\"#interactive-brokers-vs-questrade\">Interactive Brokers<\/a> was 2nd for preferred.<\/p>\n<div style=\"margin: 10px 0px 0px 0px; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-theothers-most-popular-brokerage-poll.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-theothers-most-popular-brokerage-poll-1.png\" alt=\"Questrade vs Others Most Popular Brokerage Poll\" width=\"815\" height=\"355\" border=\"0\" \/><\/div>\n<p><span style=\"font-size: 12px;\"><a href=\"https:\/\/forums.redflagdeals.com\/trying-choose-between-rbc-td-questrade-2225600\/2\/\" target=\"_blank\" rel=\"noopener\">Most popular online brokerage poll on RedFlagDeals.<\/a><\/span><\/p>\n<div style=\"margin: 10px 0px 0px 0px; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 20px 10px 10px 10px;\"><img decoding=\"async\" title=\"questrade-redflagdeals-favorite-poll.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-redflagdeals-favorite-poll.png\" alt=\"Questrade RedFlagDeals Favorite Poll\" width=\"815\" border=\"0\" \/><\/div>\n<p><span style=\"font-size: 12px;\"><a href=\"https:\/\/forums.redflagdeals.com\/interactive-brokers-so-good-why-anyone-still-bothers-use-bank-cus-trading-platform-2236588\/\" target=\"_blank\" rel=\"noopener\">Preferred online brokerage poll on RedFlagDeals.<\/a><\/span><\/p>\n<p>Questrade wins again in another poll taken by 310 voters about best charting&#8230;<\/p>\n<div style=\"margin: 10px 0px 0px 0px; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 20px 10px 10px 10px;\"><img decoding=\"async\" title=\"questrade-vs-td-webbroker-bmo-rbc-twitter-poll.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-td-webbroker-bmo-rbc-twitter-poll.png\" alt=\"Questrade vs TD Webbroker BMO RBC Twitter Poll\" width=\"825\" border=\"0\" \/><\/div>\n<p><span style=\"font-size: 12px;\"><a href=\"https:\/\/twitter.com\/stockpigeon\/status\/962423096148877312\" target=\"_blank\" rel=\"noopener\">Best L2 charting poll on Twitter.<\/a><\/span><\/p>\n<h4 id=\"independent-online-brokerage\" style=\"padding-bottom: 15px; padding-top: 30px;\"><span class=\"ez-toc-section\" id=\"Best_overall_Canadian_brokerage\"><\/span>Best overall Canadian brokerage<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Most <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> competitors also have their own strengths, and some might beat Questrade when it comes to specific categories. We&#8217;ll go into details about how Questrade compares to each of the Top Canadian Brokerages below, but we <em>honestly believe<\/em> <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">Questrade wins overall<\/a>.<\/p>\n<h3 id=\"qtrade-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_Qtrade_Investor\"><\/span>Questrade vs Qtrade Investor<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-49958\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container  \">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"Qtrade_Investor\"><\/span>Qtrade Investor<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">$8.75 per trade<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"Qtrade Investor\" class=\"wppr-default-img\" href=\"https:\/\/qtrade.ca\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/qtrade-logo.png\"\n\t\t\t\talt=\"Qtrade\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p76 wppr-very-good\">\n\t\t\t\t\t<span>7.6<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(273.6deg);\n\t\t-ms-transform: rotate(273.6deg);\n\t\ttransform: rotate(273.6deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"75\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App-4\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"75\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App-4\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"80\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability-4\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"75\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback-4\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"75\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees-4\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t<div class=\" pros\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Pros-3\"><\/span>\n\t\t\t\tPros\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QTRADE WINS) Market data<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QTRADE WINS) Customer support<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\" cons\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Cons-3\"><\/span>\n\t\t\t\tCons\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Fees<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Clunky Mobile App<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Outdated Web App<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Limited free ETFs (100)<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t\t\t\t\t<div class=\"affiliate-button\">\n\t\t\t\t\t<a href=\"https:\/\/qtrade.ca\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t\t\t<span>-<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><!-- end .affiliate-button -->\n\t\t\t<\/div>\n\n<p>&#x2705;Questrade wins over Qtrade for lowest fees<br \/>\n&#x2705;Questrade wins over Qtrade for its user friendly and modern user interface<br \/>\n&#x2611;&#xfe0f;Qtrade wins over Questrade when it comes to Customer Service<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Qtrade_is_not_Questrade\"><\/span>Qtrade is not Questrade<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-accountscompared.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-accountscompared.png\" alt=\"Questrade vs Qtrade Accounts Screenshots Compared\" width=\"825\" height=\"293\" border=\"0\" \/> <span style=\"font-size: 12px;\">Some numbers are hidden intentionally<\/span><\/p>\n<p><a href=\"https:\/\/qtrade.ca\" target=\"_blank\" rel=\"noopener noreferrer\">Qtrade<\/a> is often the last contestant against <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> when it&#8217;s time to choose where to open your brokerage account. It seems that both are very good online brokerage options. But does Qtrade really wins over Questrade?<\/p>\n<div style=\"margin: 30px 0px; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-2brokers-1-760x100.png\" alt=\"Questrade vs Qtrade\" width=\"825\" \/><\/div>\n<p>I&#8217;m baffled that Qtrade won <a href=\"https:\/\/www.moneysense.ca\/save\/investing\/canadas-best-online-brokers-2018\/\" target=\"_blank\" rel=\"noopener\">Moneysense&#8217;s Canada&#8217;s Best Online Brokers 2018<\/a>.<\/p>\n<p><span class=\"highlight\">Beyond the surveys and numbers, who is the #1 Canadian Brokerage depends on how you evaluate the brokerages and what is most important for you.<\/span><\/p>\n<p>If you login into both Qtrade and Questrade you quickly notice that Qtrade comes short when it comes to overall usability of their trading apps. It&#8217;s well laid out. But it lacks in term of ease of use and features.<\/p>\n<p>I understand that the user interface experience is not the only criteria reviews are based on, but you use a brokerage to buy and sell stocks first.<\/p>\n<p>The quality and usability of the trading app is the most important for me.<\/p>\n<div style=\"margin: 30px 0px; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade.png\" alt=\"Questrade vs Qtrade\" width=\"825\" height=\"189\" border=\"0\" \/><\/div>\n<p>We are biased towards Questrade and clearly state it. Still we honestly believe they are the best. Moneysense seems biased towards Qtrade without admitting it.<\/p>\n<p>In <a href=\"https:\/\/www.moneysense.ca\/save\/investing\/canadas-best-online-brokerages-2017\/\" target=\"_blank\" rel=\"noopener\">Moneysense&#8217;s 2017 Best Online Brokers<\/a>, Questrade was Top Pick in 4 of 7 review categories! Yet, Qtrade got the best overall brokerage award. In <a href=\"https:\/\/www.moneysense.ca\/save\/investing\/canadas-best-online-brokers-2018\/\" target=\"_blank\" rel=\"noopener\">2018<\/a>, according to Moneysense, Qtrade won over Questrade by just 1 point. If you&#8217;d give more weight to some of the most important review categories (like user experience), Questrade would win hands down. Note, Qtrade is not even mentioned explicitly in <a href=\"#questrade-redflagdeals-twitter-polls\">RedFlagDeals polls<\/a>, it&#8217;s hidden inside the option for other brokerages.<\/p>\n<p>Should better <a class=\"thirstylink\" title=\"Questrade Market Data\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-market-data\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Market Data Integration<\/a> give Qtrade the win when you can use online market data from <a href=\"https:\/\/finance.google.com\" target=\"_blank\" rel=\"noopener\">Google<\/a> or <a title=\"Tradingview\" href=\"https:\/\/stockchase.com\/discover\/go\/tradingview\/\" rel=\"nofollow\">Tradingview<\/a> for free?<\/p>\n<p>I have my theory about why Qtrade Investor is viewed as a good alternative to Questrade in general. People sometimes confuse Qtrade with Questrade. They are not the same. Take a look at a few social comments&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-twitter-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-twitter-1-1.png\" alt=\"Questrade vs Qtrade Twitter #1\" width=\"760\" height=\"134\" border=\"0\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-twitter-2.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-twitter-2.png\" alt=\"Questrade vs Qtrade Twitter #2\" width=\"760\" height=\"137\" border=\"0\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-twitter-3.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-twitter-3.png\" alt=\"Questrade vs Qtrade Twitter #3\" width=\"760\" height=\"131\" border=\"0\" \/><\/div>\n<p>Could Qtrade benefit from Questrade&#8217;s good reputation? Maybe.<\/p>\n<p><span class=\"highlight\">Qtrade is overrated.<\/span><\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Qtrade_lags_behind_social_proof\"><\/span>Qtrade lags behind (social proof)<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-twitter-4.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-twitter-4.png\" alt=\"Questrade vs Qtrade Twitter #4\" width=\"760\" height=\"122\" border=\"0\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-twitter-comment-2.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-twitter-comment-2.png\" alt=\"Questrade vs qtrade twitter comment 2\" width=\"825\" height=\"204\" border=\"0\" \/><\/div>\n<p><span class=\"highlight\">Its user interface looks like it got stuck a few years ago.<\/span> It has a sober white and gray look that hasn&#8217;t stood the test of time. It&#8217;s not as ugly as <a href=\"#virtual-brokers-vs-questrade\">Virtual Brokers<\/a>&#8216; but it&#8217;s definitely not appealing and doesn&#8217;t work as well as Questrade&#8217;s.<\/p>\n<p>To be fair, Qtrade is far from being the worst Canadian brokerage available. We rank Qtrade #5 on our own Best Canadian Brokerage Ranking. Mostly because of the lack of features on its trading app. If you want something minimal and don&#8217;t trade that often, then it might be an acceptable fit for you. Still there are <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">lower fees<\/a> and better Canadian online brokerages available.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Using_Qtrades_web_trading_app\"><\/span>Using Qtrade&#8217;s web trading app<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>I tested Qtrade using Simon&#8217;s test account and tried one simple stock lookup :<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-tradingapp-screenshot-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-tradingapp-screenshot-1-2.png\" alt=\"Questrade vs Qtrade Trading App Screenshot #1\" width=\"825\" height=\"619\" border=\"0\" \/><\/p>\n<p>The stock lookup feature opened an unfriendly, out of context popup window where I searched for <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\" target=\"_blank\" rel=\"noopener noreferrer\">Apple<\/a>. Then I clicked trade and it filled the order entry form with the selected stock information. You can see on the screenshot above both the popup window and the order entry form.<\/p>\n<p>The same operation on <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> offers a much <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">better user experience<\/a>: You write &#8220;Apple&#8221; in the order entry form, it automatically shows you the matches, you select AAPL and you&#8217;re ready to trade. Stock lookups are automatic and straightforward on Questrade. You also have access to your balances, positions, orders, executions and activity while you fill the order entry form.<\/p>\n<p>Qtrade&#8217;s user interface is more in line with big <a href=\"#big-bank-owned-canadian-brokerages\">banks-owned brokerages<\/a>, similar to <a href=\"#desjardins-online-brokerage-disnat-vs-questrade\">Disnat<\/a>&#8216;s or somehow also to <a href=\"#td-web-broker-vs-questrade\">TD Webbroker<\/a>. It lags behind <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">Questrade<\/a>, Interactive Brokers, TD Webbroker or even Scotia iTrade.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Using_Qtrades_mobile_trading_app\"><\/span>Using Qtrade&#8217;s mobile trading app<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>It&#8217;s similar on mobile. Qtrade&#8217;s app isn&#8217;t polished.<\/p>\n<p><img decoding=\"async\" title=\"questrade-vs-qtrade-mobile-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-mobile-screenshot.png\" alt=\"Questrade vs Qtrade Mobile App Screenshot\" width=\"825\" border=\"0\" \/><\/p>\n<p>On Reddit, some users call it clunky&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-reddit-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-reddit-1.png\" alt=\"Questrade vs Qtrade Reddit #1\" width=\"760\" height=\"109\" border=\"0\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding-top: 20px; padding-bottom: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-qtrade-reddit-2.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-qtrade-reddit-2.png\" alt=\"Questrade vs Qtrade Reddit 2\" width=\"760\" height=\"70\" border=\"0\" \/><\/div>\n<p>If a clunky user interface isn&#8217;t enough to convince you that Questrade is better, maybe <a class=\"thirstylink\" title=\"Questrade Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-fees\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">lower fees<\/a> will. Questrade has a clear advantage over Qtrade when it comes to <a class=\"thirstylink\" title=\"Questrade Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-fees\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">trading fees and commissions<\/a>.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Qtrade_fees\"><\/span>Qtrade fees<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>At Qtrade, basic trading fee is $8.95 and there&#8217;s an annual fee unless you have at least $25,000 in your accounts. <span class=\"highlight\">Qtrade also limits commission-free ETF trades to 100 eligible ETFs vs unlimited at Questrade.<\/span> I also favour Questrade&#8217;s DIY investing approach with online community resources for help.<\/p>\n<p>Qtrade does have its strengths.<\/p>\n<p>We did not experience it ourselves, but according to most online reviews, Qtrade beats Questrade on customer service and market data. I have always been happy with my interactions with Questrade&#8217;s support desk (and live chat) but I guess it&#8217;s always possible to do better.<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Simon holds an active Qtrade account.<\/span><\/p>\n<h3 id=\"interactive-brokers-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_Interactive_Brokers\"><\/span>Questrade vs Interactive Brokers<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-49773\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container  \">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"Interactive_Brokers\"><\/span>Interactive Brokers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">$0.005\/share<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"Interactive Brokers\" class=\"wppr-default-img\" href=\"https:\/\/stockchase.com\/discover\/go\/interactive-brokers\/\" rel=\"nofollow\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/interactive-brokers-logo.jpg\"\n\t\t\t\talt=\"Interactive Brokers\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p85 wppr-very-good\">\n\t\t\t\t\t<span>8.5<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(306deg);\n\t\t-ms-transform: rotate(306deg);\n\t\ttransform: rotate(306deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"88\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App-5\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.8\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"88\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App-5\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.8\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"80\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability-5\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"80\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback-5\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"90\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees-5\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>9.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t<div class=\" pros\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Pros-4\"><\/span>\n\t\t\t\tPros\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(IB WINS) Advanced Trading Features<\/li>\n\t\t\t\t\t\t\t\t\t<li>(IB WINS) Tons of Customized Reports<\/li>\n\t\t\t\t\t\t\t\t\t<li>(IB WINS) Low Currency Conversion Fee<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\" cons\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Cons-4\"><\/span>\n\t\t\t\tCons\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Annual Fee<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Overall Complexity<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Data fees<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Limited free ETFs (48)<\/li>\n\t\t\t\t\t\t\t\t\t<li>[QUESTRADE WINS] Steep Learning Curve<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t\t\t\t\t<div class=\"affiliate-button\">\n\t\t\t\t\t<a href=\"https:\/\/stockchase.com\/discover\/go\/interactive-brokers\/\" rel=\"nofollow\" target=\"_blank\">\n\t\t\t\t\t\t<span>-<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><!-- end .affiliate-button -->\n\t\t\t<\/div>\n\n<p>&#x2705;Questrade wins for no annual fee (beware of IB&#8217;s monthly fees)<br \/>\n&#x2705;Questrade wins for simplicity (IB makes everything overly complicated)<br \/>\n&#x2611;&#xfe0f;IB offers tons of customized reports and advanced traders features<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Fee-structured_for_frequent_traders\"><\/span>Fee-structured for frequent traders<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-interactivebrokers-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-interactivebrokers-screenshot-1.png\" alt=\"Questrade vs Interactive Brokers Screenshot\" width=\"825\" height=\"388\" border=\"0\" \/><\/p>\n<p><span class=\"highlight\">Interactive Brokers wins the <a href=\"#best-canadian-brokerage-awards\">best brokerage for advanced trader<\/a> award. &#x1f3c6;<\/span><\/p>\n<p>Interactive Brokers offers an attractive fee structure if you trade frequently and above the monthly minimum. It also handles currency conversions at a very interesting fee: 1 basis point (0.01%) + $2.50 USD. No need to bother with <a href=\"https:\/\/www.finiki.org\/wiki\/Norbert%27s_gambit\" target=\"_blank\" rel=\"noopener noreferrer\">Norbert&#8217;s Gambit<\/a> at IB. But, even if Interactive Brokers fees might seem lower at first, be aware of IB&#8217;s monthly fee.<\/p>\n<p>This is how the monthly fee shows on my Interactive Brokers account :<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/wealthica-ib-monthly-fee-1-760x176.png\" alt=\"Questrade vs Interactive Brokers - Monthly Fee\" width=\"825\" \/><\/div>\n<p style=\"font-size: 12px; margin-top: -20px;\">Interactive Brokers Transactions Tracked with Wealthica<\/p>\n<p>You must trade a minimum of $10 a month in commissions at Interactive Brokers. Even worst, accounts with an equity balance of $2000 or less must meet minimum trade commissions of $20. <span class=\"highlight\">Remember <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">Questrade doesn&#8217;t have annual fees<\/a> and recently dropped the <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">inactivity fee<\/a>.<\/span><\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-interactivebrokers-reddit-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-interactivebrokers-reddit-1.png\" alt=\"Questrade vs Interactive Brokers Reddit #1\" width=\"760\" height=\"65\" border=\"0\" \/><\/div>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Complex_yet_powerful_user_interface\"><\/span>Complex yet powerful user interface<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a>&#8216;s control panel, authentication, trading desk and account portal are all easier and faster to use. IB is a pain to log into and then you need many clicks to find options. There are too many options available; powerful but cumbersome. It appeals more to advanced and frequent traders.<\/p>\n<p><span class=\"highlight\">Interactive Brokers is powerful yet overly complicated.<\/span><\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px 10px 10px 10px;\"><img decoding=\"async\" title=\"questrade-vs-interactivebrokers-trading-app-screenshot-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-interactivebrokers-trading-app-screenshot-1.png\" alt=\"Questrade vs Interactive Brokers Trading App Screenshot #1\" width=\"825\" border=\"0\" \/><\/div>\n<p>Looking at the screenshot above, we can feel IB&#8217;s complexity.<\/p>\n<p>As a quick example, to login to Questrade is pretty straightforward: you find the login link on the home page, you click the link and login. Once you are inside, you click the &#8220;Trade&#8221; button to go to the Trading App.<\/p>\n<p>The same process at Interactive Brokers involves clicking on a Login dropdown menu and figuring out which of the 9 login options is the one you want.<\/p>\n<p>Once you find the good login link, you need to choose between live or paper trading, authenticate with a special IB-only app (IBKey) and then you finally get to the trading app. It&#8217;s not possible to switch between the Account Management and Trading App without re-authenticating.<\/p>\n<p>The same complexity and mentality is applied all over IB&#8217;s Apps. I prefer the simplicity and better user interface of Questrade Apps.<\/p>\n<p>I am not alone thinking IB is complex&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-ib-twitter-1-760x134.png\" alt=\"Questrade vs Interactive Brokers Twitter Comment #1\" width=\"760\" height=\"134\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-ib-twitter-3-760x180.png\" alt=\"Questrade vs Interactive Brokers Twitter Comment #3\" width=\"760\" height=\"180\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-ib-twitter-2-760x136.png\" alt=\"Questrade vs Interactive Brokers Twitter Comment #2\" width=\"760\" height=\"136\" \/><\/div>\n<p><span style=\"font-size: 12px;\">Verified personally: Martin holds an active Interactive Brokers trading account.<\/span><\/p>\n<p>Interactive Brokers&#8217; strength is definitely with frequent traders. Even advanced traders find it complex. <a class=\"thirstylink\" title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> is a brokerage that fits the needs of most DIY investors.<\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Frustrating_trading_app_user_experience\"><\/span>Frustrating trading app user experience<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Another brokerage that looks like it got stuck in the year 2002.<\/p>\n<p>Quick reminder, it&#8217;s 2019 as I&#8217;m writing this and the iMac G4 they use as an icon is 17 years old. No need to write more. Let&#8217;s look at it :<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-virtualbrokers-screenshot-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-virtualbrokers-screenshot-1.png\" alt=\"Questrade vs Virtual Brokers Screenshot #1\" width=\"825\" height=\"409\" border=\"0\" \/><\/p>\n<p>Is this the real Virtual Broker trading app? Yes it is.<\/p>\n<p>I guess iPhone&#8217;s didn&#8217;t exist when they last updated it. It&#8217;s pretty awful and clearly hasn&#8217;t been redesigned since 2002. But wait, there&#8217;s hope&#8230;<\/p>\n<p>Did you notice there&#8217;s a new website peek link in there? It seems they have a new version of the trading app. Let&#8217;s give it a try :<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-virtualbrokers-screenshot-2.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-virtualbrokers-screenshot-2-1.png\" alt=\"Questrade vs Virtual Brokers Screenshot #2\" width=\"825\" height=\"400\" border=\"0\" \/><\/p>\n<p>Let&#8217;s try again with another browser. VB doesn&#8217;t like Safari.<\/p>\n<p>You don&#8217;t see it on my screenshot, but the tiles are animated in Safari, they open and close. When I click some links, some other parts of the website disappear! Let&#8217;s say it&#8217;s funny (for me, I guess it&#8217;s not funny for Virtual Brokers). Okay, now let&#8217;s give it another try using the Chrome browser.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-virtualbrokers-screenshot-3.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-virtualbrokers-screenshot-3.png\" alt=\"Questrade vs Virtual Brokers Screenshot #3\" width=\"825\" height=\"380\" border=\"0\" \/><\/p>\n<p>It still has some kind of weird animation. Seriously, someone should get fired. Let&#8217;s give it one last try and load <a href=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-virtualbrokers-screenshot-4.png\">VB Web Trader<\/a>. It&#8217;s better. At least it seems to work. But on the new website, the web trader app loads inside the general frame which makes it hard to navigate. It also has a pretty cumbersome gadget board with old icons. Sorry, I really don&#8217;t like it.<\/p>\n<p>Let&#8217;s stick to loading web trader from the default interface:<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img decoding=\"async\" title=\"questrade-vs-virtual-brokers-trading-app-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-virtual-brokers-trading-app-screenshot.png\" alt=\"Questrade vs Virtual Brokers Trading App Screenshot\" width=\"825\" border=\"0\" \/><\/div>\n<p>I&#8217;m trying to be objective here. This last screenshot doesn&#8217;t look as awful as the previous ones, but using it is painful.<\/p>\n<p>On the screenshot above, you can see the same stock lookup we tested on <a href=\"#qtrade-vs-questrade\">Qtrade<\/a>. There&#8217;s a similar pop up window to search for stocks, but in this case it won&#8217;t search for stocks in any country. You need to select the country you want to search in. There are so many things in this interface.<\/p>\n<p><span style=\"text-decoration: line-through;\">It is as expensive as big-bank owned brokerages plus you get worst trading apps.<\/span> Virtual Brokers recently lowered their fees a lot, they went back to their former fee structure. <span class=\"highlight\">They can&#8217;t compete with app quality so they might as well try to beat the competition with lower fees. <\/span><\/p>\n<p>There are so many different interfaces: the default, the new interface accessible using the website peek link, the web trader default, the web trader light and the desktop trading platform called Wave.<\/p>\n<p>Would you really trust Virtual Brokers with your money? It&#8217;s not reassuring to see so many bugs and problems loading the trading app.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Worst_interface_and_worst_support_social_proof\"><\/span>Worst interface and worst support (social proof)<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Here&#8217;s some people on Reddit who think like me about VB&#8217;s trading app&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-virtual-brokers-interface-reddit.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/03\/questrade-vs-virtual-brokers-interface-reddit.png\" alt=\"Questrade vs virtual brokers interface reddit\" width=\"825\" height=\"206\" border=\"0\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-virtualbrokers-screenshot-5.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-virtualbrokers-screenshot-5-1.png\" alt=\"Questrade vs Virtual Brokers Screenshot #5\" width=\"825\" height=\"111\" border=\"0\" \/><\/div>\n<p>And someone that experienced their bad support (but likes the platform)&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-virtual-brokers-reddit-comment-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-virtual-brokers-reddit-comment-1.png\" alt=\"Questrade vs virtual brokers reddit comment 1\" width=\"825\" height=\"109\" border=\"0\" \/><\/div>\n<p>I experienced the support myself. It wasn&#8217;t so bad, I had short but accurate answers. One weird thing though, is they moved my account to delayed 15 minutes stocks stating I had been deemed to be pro. PRO means that I work for an IIROC member. I do not. Maybe they don&#8217;t like my reviews. &#x1f602;<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Maybe_its_better_on_mobile\"><\/span>Maybe it&#8217;s better on mobile?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>It does not get better on mobile. Virtual Brokers&#8217; mobile trading app is ugly and doesn&#8217;t seems to work very well. It gets a <a href=\"https:\/\/itunes.apple.com\/ca\/app\/power-trader-mobile\/id725535866\" target=\"_blank\" rel=\"noopener\">1 star rating<\/a> on the App Store.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"What_about_the_fees_at_Virtual_Brokers\"><\/span>What about the fees at Virtual Brokers?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span class=\"highlight\">I&#8217;d prefer paying higher fees than using such a bad trading app.<\/span><\/p>\n<p>Virtual Brokers recently lowered its fees to be more in line with <a title=\"Questrade Low Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-low-fees\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade&#8217;s fee structure<\/a> and just a few weeks ago went back to their old $0.01 per share (min $1.99 &#8211; max $7.99) fee structure. Still, they charge a $15 quarterly fee PER REGISTERED USD account and a $25 yearly fee for RESP.<\/p>\n<p>They have an inactivity fee, which Questrade recently dropped, they call it maintenance fee, of $25 which can be waived if you do a least one trade per quarter, you are under the age of 26 or have at least $5000 across all your accounts.<\/p>\n<p><span class=\"highlight\">They don&#8217;t seem to allow for <a href=\"https:\/\/www.finiki.org\/wiki\/Norbert%27s_gambit\" target=\"_blank\" rel=\"noopener noreferrer\">Norbert&#8217;s Gambit<\/a> to convert CAD to USD<\/span> according to some Reddit comments. This can make it expensive to buy US stocks as you have to pay a commission to convert CAD to USD at Virtual Brokers.<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img decoding=\"async\" title=\"questrade-vs-virtualbrokers-norbertgambit.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-virtualbrokers-norbertgambit.png\" alt=\"Questrade vs Virtualbrokers Norbert Gambit\" width=\"760\" border=\"0\" \/><\/div>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Low_fees_but_poor_trading_apps_and_support\"><\/span>Low fees but poor trading apps and support<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Why pay more for a poor trading app when <a title=\"Questrade Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-fees\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade has lower fees<\/a> and great web, desktop and mobile trading apps?<\/p>\n<p>Am I being unfair to Virtual Brokers?<\/p>\n<p>Maybe I missed something, especially considering that The Globe and Mail named it #1 Brokerage in its latest <a href=\"https:\/\/www.theglobeandmail.com\/investing\/article-which-online-brokerage-is-best-rob-carrick-ranks-your-options\/\" target=\"_blank\" rel=\"noopener\">The Globe and Mail Online Brokerage Ranking Award for 2019<\/a>. <span class=\"highlight\">I really don&#8217;t understand how VB could be #1 on any ranking.<\/span><\/p>\n<p>If you currently use VB as your brokerage and you do not agree with me, please share your comments below and tell me why you like Virtual Brokers.<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Simon holds an active Virtual Brokers trading account.<\/span><\/p>\n<h3 id=\"big-bank-owned-canadian-brokerages\"><span class=\"ez-toc-section\" id=\"Big_Bank-Owned_Brokerage\"><\/span>Big Bank-Owned Brokerage<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#x2705;Questrade wins over Big Banks for lowest fees &#x2705;Questrade wins over Big Banks for usability, apps &amp; features &#x2611;&#xfe0f;Big Banks win over Questrade for brokerage\/banking integration<\/p>\n<p>In general the big bank-owned brokerage lag behind the independent brokerages.<\/p>\n<p>The one and most important advantage of using the big-banks-owned brokerage is having all your investments and banking under the same roof. It makes it easier and faster to transfer funds. It is also probably easier to start investing with an institution you already have a relation with.<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-bigbanks-reddit-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-bigbanks-reddit-1.png\" alt=\"Questrade vs Big Banks Reddit Comment #1\" width=\"760\" height=\"65\" border=\"0\" \/><\/div>\n<p>I went with my bank&#8217;s brokerage myself when I opened my first brokerage account in 2011. I bank with Desjardins and opened an account with <a href=\"#desjardins-online-brokerage-disnat-vs-questrade\">Disnat<\/a> to buy <a href=\"https:\/\/stockchase.com\/company\/view\/4\/AAPL-Q\" target=\"_blank\" rel=\"noopener noreferrer\">Apple<\/a> stocks. I never bought any other stock at Disnat, I quickly went searching for a better brokerage and better user interface and moved to <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a>.<\/p>\n<p>You are concerned about dealing with multiple financial institutions?<\/p>\n<p><span class=\"highlight\">Wait, there&#8217;s Wealthica.<\/span><\/p>\n<p>You can use Wealthica to <a href=\"https:\/\/wealthica.com\" target=\"_blank\" rel=\"noopener noreferrer\">view all your investments in one place<\/a>.<\/p>\n<p>Wealthica is available as a web or mobile app and links all your investment accounts into a single dashboard and assigns accounts to family members or group them into entities. Wealthica can also generate a capital gain report which comes handy when time tax comes. Or, if you like spreadsheets, you can automatically export your consolidated holdings and transactions into Google Spreadsheet.<\/p>\n<p>Using Wealthica, I don&#8217;t see why you would still want to use your bank&#8217;s brokerage to trade stocks. It&#8217;s available as a third-party app within Questrade&#8217;s <a title=\"Wealthica Questrade App Hub\" href=\"https:\/\/stockchase.com\/discover\/go\/wealthica-questrade-app-hub\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">App Hub<\/a>.<\/p>\n<h3 id=\"td-web-broker-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_TD_Direct_Investing_Webbroker\"><\/span>Questrade vs TD Direct Investing (Webbroker)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-50066\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container  \">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"TD_Direct_Investing\"><\/span>TD Direct Investing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">$9.99 per trade<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"TD Direct Investing\" class=\"wppr-default-img\" href=\"https:\/\/www.td.com\/ca\/en\/investing\/direct-investing\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/td-direct-investing-logo.png\"\n\t\t\t\talt=\"TD Direct Investing\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p79 wppr-very-good\">\n\t\t\t\t\t<span>7.9<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(284.4deg);\n\t\t-ms-transform: rotate(284.4deg);\n\t\ttransform: rotate(284.4deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"85\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App-6\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"85\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App-6\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"80\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability-6\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"85\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback-6\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"60\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees-6\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t<div class=\" pros\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Pros-5\"><\/span>\n\t\t\t\tPros\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(TD WINS) Banking Integration<\/li>\n\t\t\t\t\t\t\t\t\t<li>(TD WINS) Free e-series funds<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\" cons\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Cons-5\"><\/span>\n\t\t\t\tCons\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Fees<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Live chat support<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Mobile App<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) No Free ETFs<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t\t\t\t\t<div class=\"affiliate-button\">\n\t\t\t\t\t<a href=\"https:\/\/www.td.com\/ca\/en\/investing\/direct-investing\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t\t\t<span>-<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><!-- end .affiliate-button -->\n\t\t\t<\/div>\n\n<p>&#x2705;Questrade wins over TD Webbroker for lowest fees<br \/>\n&#x2705;Questrade wins over TD Webbroker for live chat support and online community<br \/>\n&#x2611;&#xfe0f;TD wins over Questrade for seamless brokerage\/banking integration<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Average_big_bank-owned_brokerage_fees_and_support\"><\/span>Average big bank-owned brokerage fees and support<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-td-webbroker-tradingapp-screenshot-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-td-webbroker-tradingapp-screenshot-1.png\" alt=\"Questrade vs TD Webbroker Trading App Screenshot 1\" width=\"825\" height=\"333\" border=\"0\" \/><\/p>\n<p>As most big bank-owned brokerages, TD has a $9.99 per trade basic fee. It does not offer any free ETFs trading incentives. Commission and fee structure at TD is average. Customer service is also average if you compare with Questrade where you can get in touch with someone quick on live chat during business hours.<\/p>\n<p>Here&#8217;s what happens sometimes when you deal with a big bank&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-td-webbroker-reddit-comment-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-td-webbroker-reddit-comment-1.png\" alt=\"Questrade vs TD Webbroker Reddit Comment #1\" width=\"760\" height=\"77\" border=\"0\" \/><\/div>\n<p>Nobody likes when the bank tells you to come in to a branch.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"No_free_ETFs_purchases_but_free_e-series_index_funds\"><\/span>No free ETFs purchases but free e-series index funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>TD does not offer free ETFs trading but offers the <a href=\"https:\/\/www.td.com\/ca\/en\/personal-banking\/products\/saving-investing\/mutual-funds\/td-eseries-funds\" target=\"_blank\" rel=\"noopener\">e-series index funds<\/a> users can trade for free. The <a href=\"https:\/\/canadiancouchpotato.com\/\" target=\"_blank\" rel=\"noopener\">Canadian Couch Potato<\/a> has a <a href=\"https:\/\/cdn.canadiancouchpotato.com\/wp-content\/uploads\/2018\/01\/CCP-Model-Portfolios-TD-e-Series-2018.pdf\" target=\"_blank\" rel=\"noopener\">model portfolio built from four e-series funds<\/a>. In the case where you are banking with TD, you are into index investing and you prefer using the e-series portfolio over ETFs. In this case, TD looks like a good option.<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-td-webbroker-reddit-comment-2.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-td-webbroker-reddit-comment-2.png\" alt=\"Questrade vs TD Webbroker Reddit Comment #2\" width=\"760\" height=\"86\" border=\"0\" \/><\/div>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Effective_trading_apps\"><\/span>Effective trading apps<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>TD&#8217;s trading app is surprisingly effective for a big bank-owned brokerage&#8230;<\/p>\n<p>It&#8217;s nice and well organized.<\/p>\n<p>Thank you TD, at last one Questrade competitor that has inline search for stocks and no ugly popup window! Not even Qtrade, has that basic feature. &#x1f44f;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img decoding=\"async\" title=\"questrade-vs-td-webbroker-trading-app-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-td-webbroker-trading-app-screenshot-1.png\" alt=\"Questrade vs TD Webbroker Trading App Screenshot\" width=\"840\" border=\"0\" \/><\/div>\n<p>Inline search allows you to quickly find a stock within the buy &amp; sell page. You can enter part of a company name OR symbol and it will show you the matching public companies on any Canadian or US stock market.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Big_bank-owned_trading_fee_structure\"><\/span>Big bank-owned trading fee structure<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>TD customers usually like Webbroker. <span class=\"highlight\">What turns them off is the fee. <\/span><\/p>\n<p>Some say you shouldn&#8217;t trade with TD unless you buy higher than $5000 per trade in stocks because the fee is too high for lower trades:<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-tdwebbroker-reddit-comment-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-tdwebbroker-reddit-comment-1.png\" alt=\"Questrade vs TD DIrect Investing (Webbroker) Reddit Comment #1\" width=\"825\" height=\"218\" border=\"0\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"Screenshot 2019-02-22 13.22.41.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/Screenshot-2019-02-22-13.22.41.png\" alt=\"Questrade vs TD Webbroker Reddit Comment #2\" width=\"760\" height=\"222\" border=\"0\" \/><\/div>\n<p>As the Reddit user above mentions, <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> is probably the better option for you but if you are going to be disciplined, then TD could work also. <a title=\"Questrade Low Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-low-fees\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Everybody moves to Questrade for low fees<\/a> but you should also consider free ETFs purchase, live chat help and online community.<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Simon holds an active TD Webbroker account.<\/span><\/p>\n<h3 id=\"rbc-direct-investing-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_RBC_Direct_Investing\"><\/span>Questrade vs RBC Direct Investing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-50077\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container  \">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"RBD_Direct_Investing\"><\/span>RBD Direct Investing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">$9.95 per trade<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"RBD Direct Investing\" class=\"wppr-default-img\" href=\"https:\/\/www.rbcdirectinvesting.com\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/rbc-direct-investing-logo.png\"\n\t\t\t\talt=\"RBC Direct Investing\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p65 wppr-good\">\n\t\t\t\t\t<span>6.5<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(234deg);\n\t\t-ms-transform: rotate(234deg);\n\t\ttransform: rotate(234deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App-7\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App-7\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability-7\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"70\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback-7\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"60\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees-7\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t<div class=\" pros\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Pros-6\"><\/span>\n\t\t\t\tPros\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(RBC WINS) Banking Integration<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\" cons\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Cons-6\"><\/span>\n\t\t\t\tCons\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Not paperless<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) User experience<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Clunky Web App<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Clunky Mobile App<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Fees<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) No Free ETFs<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t\t\t\t\t<div class=\"affiliate-button\">\n\t\t\t\t\t<a href=\"https:\/\/www.rbcdirectinvesting.com\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t\t\t<span>-<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><!-- end .affiliate-button -->\n\t\t\t<\/div>\n\n<p>&#x2705;Questrade wins over RBC Direct Investing for paperless account opening<br \/>\n&#x2705;Questrade wins over RBC Direct Investing for overall user experience<br \/>\n&#x2611;&#xfe0f;RBC Direct Investing wins over Questrade for banking integration<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Lagging_trading_app_updates\"><\/span>Lagging trading app updates<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>RBC Direct Investing is another brokerage that looks like it hasn&#8217;t been updated in a while. Why pack so many options in a dropdown menu? Or have a homepage with so many tiles when you probably just click the &#8220;My Portfolio&#8221; link at the top.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-rbc-direct-investing-trading-app-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-rbc-direct-investing-trading-app-screenshot.png\" alt=\"Questrade vs RBC Direct Investing Trading App Screenshot\" width=\"825\" height=\"474\" border=\"0\" \/><\/p>\n<p>The user interface lacks context and as I experienced with <a href=\"#bmo-investor-line-vs-questrade\">BMO<\/a> and <a href=\"#qtrade-vs-questrade\">Qtrade<\/a>, the default stock order interface makes it hard to lookup stocks. You need to know or copy-paste the symbol and there&#8217;s no inline search for a company.<\/p>\n<p>It gets better if you use the trading dashboard (even though it opens in a new window and not one of my browsers&#8217; tabs). I&#8217;m not sure why this is not the default. :<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-rbc-direct-investing-trading-app-screenshot-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-rbc-direct-investing-trading-app-screenshot-1-1.png\" alt=\"Questrade vs RBC Direct Investing Trading App Screenshot #1\" width=\"825\" height=\"488\" border=\"0\" \/><\/div>\n<p>RBC Direct Brokerage&#8217;s dashboard also shows annoying advertisement for other RBC products within the trading app.<\/p>\n<p>Another thing I do not like about RBC Direct Investing is the trading app mixes practice accounts with the real trading accounts. It&#8217;s pretty confusing. For any trading operation you want to run you have to select the appropriate account from the account list, but it lists all your accounts including the practice accounts. Practice and live trading accounts are usually not mixed together in most trading apps.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Mobile_app_is_5_years_behind\"><\/span>Mobile app is 5 years behind<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>On mobile, RBC does not have a dedicated investing app. There&#8217;s a Direct Investing login available within its banking app. <span class=\"highlight\">The app looks like its been designed for iOS6 (which was released in 2012).<\/span> Current iOS version is 12.<\/p>\n<p>RBC&#8217;s mobile app looks outdated. If you&#8217;d like to have a look, <a href=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-rbc-direct-investing-mobile-app-screenshot.png\">I took a screenshot for you<\/a>.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Fees_are_in_line_with_big_bank-owned_brokerages\"><\/span>Fees are in line with big bank-owned brokerages<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>As with most big bank-owned brokerages, trading fee is $9.95. RBC needs $15,000 across all your accounts, 3 trades per quarter or $300 in quarterly pre-authorized contributions to waive the inactivity fees. Remember <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> recently waived <a title=\"Questrade Low Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-low-fees\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">inactivity fees<\/a> on all accounts.<\/p>\n<p>If you are buying ETFs, RBC Direct Investing doesn&#8217;t have any ETFs buying incentives :<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-rbc-reddit-comment-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-rbc-reddit-comment-1.png\" alt=\"Questrade vs RBC Reddit comment 1\" width=\"760\" height=\"64\" border=\"0\" \/><\/div>\n<p>It&#8217;s obvious that <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> is a better trading app.<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Simon holds an active RBC Direct Investing trading account.<\/span><\/p>\n<h3 id=\"bmo-investor-line-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_BMO_Investorline\"><\/span>Questrade vs BMO Investorline<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-50114\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container  \">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"BMO_Investorline\"><\/span>BMO Investorline<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">$9.95 per trade<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"BMO Investorline\" class=\"wppr-default-img\" href=\"https:\/\/www.bmo.com\/investorline\/self-directed\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/bmo-investorline-logo.jpg\"\n\t\t\t\talt=\"BMO Investorline\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p65 wppr-good\">\n\t\t\t\t\t<span>6.5<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(234deg);\n\t\t-ms-transform: rotate(234deg);\n\t\ttransform: rotate(234deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App-8\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App-8\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"65\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability-8\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"70\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback-8\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"60\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees-8\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>6.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t<div class=\" pros\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Pros-7\"><\/span>\n\t\t\t\tPros\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(BMO WINS) Banking Integration<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\" cons\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Cons-7\"><\/span>\n\t\t\t\tCons\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Fees<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) No Free ETFs<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Clunky Mobile App<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Clunky Web App<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Technical difficulties<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) User experience<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t\t\t\t\t<div class=\"affiliate-button\">\n\t\t\t\t\t<a href=\"https:\/\/www.bmo.com\/investorline\/self-directed\/\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t\t\t<span>-<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div><!-- end .affiliate-button -->\n\t\t\t<\/div>\n\n<p>&#x2705;Questrade wins over BMO Investorline for fees<br \/>\n&#x2705;Questrade wins over BMO Investorline overall user experience<br \/>\n&#x2611;&#xfe0f;BMO Investorline wins over Questrade for banking integration<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Testing_BMOs_trading_apps\"><\/span>Testing BMO&#8217;s trading apps<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Why is the font so small?<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-bmo-investorline-trading-app-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-bmo-investorline-trading-app-screenshot-2.png\" alt=\"Questrade vs BMO Investorline Trading App Screenshot #1\" width=\"825\" height=\"423\" border=\"0\" \/><\/div>\n<p>Oops, it seems like BMO wasn\u2019t lucky. They had technical problems right when I wanted to review their trading app. 2h14pm on a Wednesday afternoon. Too bad if you wanted to trade. &#x1f4a5;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-bmo-investorline-trading-bmoproblem.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-bmo-investorline-trading-bmoproblem-1.png\" alt=\"Questrade vs BMO Investorline Trading BMO Problem\" width=\"597\" height=\"131\" border=\"0\" \/><\/div>\n<p>I waited a few minutes and switched to another browser and it worked. Let&#8217;s see how it goes if I want to buy a new stock :<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-bmo-investorline-search-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-bmo-investorline-search-screenshot.png\" alt=\"Questrade vs BMO Investorline Search Screenshot\" width=\"825\" height=\"401\" border=\"0\" \/><\/p>\n<p>Stock search loads in a new page, asks me to select search options and market in addition to providing my search term. Just compare the 2 screenshots above. You better know the stock symbol you want to trade vs using BMO&#8217;s symbol search page unless you like loading multiple pages and using cut &amp; paste.<\/p>\n<p>Oh wait&#8230;<\/p>\n<p>There are 2 different order entry forms. This is the other one:<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-bmo-investorline-trading-app-screenshot-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-bmo-investorline-trading-app-screenshot-1-1.png\" alt=\"Questrade vs BMO Investorline Trading App Screenshot #1\" width=\"825\" height=\"491\" border=\"0\" \/><\/div>\n<p>It has inline search at least. If you use the Stocks &amp; ETFs link from the Trading dropdown menu you get a bad order entry form. If you use the Trade button on the right, you&#8217;re in luck, you get a slightly better order entry form. Why are there 2 different forms for the same thing? It&#8217;s bad and outdated user interface.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Mobile_app_is_5_years_behind-2\"><\/span>Mobile app is 5 years behind<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>BMO has a dedicated mobile app for Investorline but it seems very basic. It does not have Touch ID for signing and it looks like it&#8217;s at least 5 years old. In fact, it seems like the app had only minor fixes and security enhancements since 2015. If you are interested in what it looks like, have a look at <a href=\"https:\/\/itunes.apple.com\/ca\/app\/bmo-investorline\/id698965311?mt=8\" target=\"_blank\" rel=\"noopener\">BMO Investorline on the App Store<\/a>.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Clunky_trading_apps_social_proof\"><\/span>Clunky trading apps (social proof)<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Here are some Twitter comments someone who had the same maintenance message I had and another one that says the mobile app doesn&#8217;t work very well&#8230;<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-bmo-investorline-twitter-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-bmo-investorline-twitter-1.png\" alt=\"Questrade vs bmo investorline twitter 1\" width=\"825\" height=\"318\" border=\"0\" \/><\/div>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-bmo-investorline-twitter-2.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-bmo-investorline-twitter-2.png\" alt=\"Questrade vs bmo investorline twitter 2\" width=\"825\" height=\"133\" border=\"0\" \/><\/div>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Fees_are_in_line_with_big_bank-owned_brokerages-2\"><\/span>Fees are in line with big bank-owned brokerages<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>In terms of fees, BMO Investorline charges the usual bank-owned brokerage rate of $9.95. BMO does not offer commission-free ETFs trading.<\/p>\n<p><span class=\"highlight\">Technical difficulties, a bad user interface and higher fees make BMO Investorline one of the worst brokerage app we reviewed. <\/span><\/p>\n<p>I&#8217;d say BMO Investorline is not worth it, even if you are banking with BMO. You better have a look at <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a>.<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Simon holds an active BMO Investorline trading account.<\/span><\/p>\n<h3 id=\"scotia-itrade-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_Scotia_iTrade\"><\/span>Questrade vs Scotia iTrade<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div id=\"wppr-review-50131\"\n\t class=\"wppr-template wppr-template-default  wppr-review-container  \">\n\t<section id=\"review-statistics\" class=\"article-section\">\n\t\t<div class=\"review-wrap-up  cwpr_clearfix\">\n\t\t\t<div class=\"cwpr-review-top cwpr_clearfix\">\n\t\t\t\t<h2 class=\"cwp-item\"><span class=\"ez-toc-section\" id=\"Scotia_iTrade\"><\/span>Scotia iTrade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t\t<span class=\"cwp-item-price cwp-item\">$9.99 per trade<\/span>\n\t\t\t<\/div><!-- end .cwpr-review-top -->\n\t\t\t<div class=\"review-wu-content cwpr_clearfix\">\n\t\t\t\t<div class=\"review-wu-left\">\n\t\t\t\t\t<div class=\"review-wu-left-top\">\n\t\t\t\t\t\t<div class=\"rev-wu-image\">\n\t\t\t\t\t\t\t\t\t<a title=\"Scotia iTrade\" class=\"wppr-default-img\" href=\"\"  rel=\"nofollow\" target=\"_blank\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/scotia-itrade-logo.jpg\"\n\t\t\t\talt=\"Scotia iTrade\"\n\t\t\t\tclass=\"photo photo-wrapup wppr-product-image\"\/>\n\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"review-wu-grade\">\n\t\t\t<div class=\"review-wu-grade-content \">\n\t\t\t\t<div class=\"wppr-c100 wppr-p80 wppr-very-good\">\n\t\t\t\t\t<span>8<\/span>\n\t\t\t\t\t<div class=\"wppr-slice\">\n\t\t\t\t\t\t<div class=\"wppr-bar \" style=\"\n\t\t-webkit-transform: rotate(288deg);\n\t\t-ms-transform: rotate(288deg);\n\t\ttransform: rotate(288deg);\n\t\t\"><\/div>\n\t\t\t\t\t\t<div class=\"wppr-fill \" style=\"\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"wppr-slice-center\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div><!-- end .review-wu-left-top -->\n\n\t\t\t\t\t\t\t<div class=\"review-wu-bars\">\n\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"90\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Web_Trading_App-9\"><\/span>Web Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>9.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"75\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Mobile_Trading_App-9\"><\/span>Mobile Trading App<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"80\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Features_Usability-9\"><\/span>Features &amp; Usability<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"85\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Social_Feedback-9\"><\/span>Social Feedback<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>8.5\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-very-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rev-option\" data-value=\"70\">\n\t\t\t<div class=\"cwpr_clearfix\">\n\t\t\t\t<span>\n\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Low_Fees-9\"><\/span>Low Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t<\/span>\n\t\t\t\t<span>7.0\/10<\/span>\n\t\t\t<\/div>\n\t\t\t<ul class=\"cwpr_clearfix wppr-good\">\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li  class=\"colored\"><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<li ><\/li>\n\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\n\t\t\t\t<\/div><!-- end .review-wu-left -->\n\n\t\t\t\t<div class=\"review-wu-right\">\n\t\t\t\t\t\t\t<div class=\" pros\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Pros-8\"><\/span>\n\t\t\t\tPros\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(SCOTIA WINS) Market data integration<\/li>\n\t\t\t\t\t\t\t\t\t<li>(SCOTIA WINS) Banking integration<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\" cons\">\n\t\t\t<h2 class=\"\"><span class=\"ez-toc-section\" id=\"Cons-8\"><\/span>\n\t\t\t\tCons\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t\t<ul>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Fees<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Mobile App<\/li>\n\t\t\t\t\t\t\t\t\t<li>(QUESTRADE WINS) Limited free ETFs (49)<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t\t\t\t\t<\/div><!-- end .review-wu-right -->\n\n\t\t\t<\/div><!-- end .review-wu-content -->\n\t\t<\/div><!-- end .review-wrap-up -->\n\t<\/section>\n\n\t<\/div>\n\n<p>&#x2705; Questrade wins over Scotia iTrade for fees<br \/>\n&#x2705; Questrade wins for unlimited free ETFs purchases.<br \/>\n&#x2705; Scotia iTrade wins over Questrade for market data integration.<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"Big_bank-owned_with_independent_roots\"><\/span>Big bank-owned with independent roots<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Scotia iTrade starts with an edge over the other big bank-owned brokerages as it has some independent brokerage roots. A few years back, Scotiabank acquired the Canadian brokerage arm of E*Trade; it&#8217;s what became Scotia iTrade. Before that, it had acquired TradeFreedom, a leading online broker for Canadians. I ended up being a Scotia iTrade client after their TradeFreedom acquisition.<\/p>\n<p><span class=\"highlight\">Scotia iTrade wins our <a href=\"#best-canadian-brokerage-awards\">best big bank-owned brokerage award<\/a>. &#x1f3c6;<\/span><\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"The_best_trading_app_market_data_integration\"><\/span>The best trading app market data integration<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>iTrade offers a pretty nice trading app.<\/p>\n<p>On the stock trading page, you have all the information you need to make your trade and it uses some kind of overlay window to fill your equity order without loosing the context and holdings details. Unfortunately, stock lookup to buy new stocks lacks the same attractive look as trading from the holdings view.<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 10px;\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-vs-scotia-itrade-trading-app-screenshot-1.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-scotia-itrade-trading-app-screenshot-1.png\" alt=\"Questrade vs Scotia iTrade Trading App Screenshot #1\" width=\"825\" height=\"541\" border=\"0\" \/><\/div>\n<p><span class=\"highlight\">That&#8217;s 5 stars in my book. Up there with <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a>.<\/span> &#x2b50;<\/p>\n<p>You can link your bank account from other banks or credit unions (like Desjardins). You can transfer funds using Interac e-Transfer or even Western Union.<\/p>\n<p>Scotia iTrade&#8217;s mobile trading app lacks the visual appeal of its web app. It&#8217;s mostly black &amp; white and still has an old look and feel. If you want to see some screenshots, have a look at <a href=\"https:\/\/itunes.apple.com\/ca\/app\/scotia-itrade\/id519177744?mt=8\" target=\"_blank\" rel=\"noopener noreferrer\">iTrade on the App Store<\/a> but keep in mind the screenshots they are showing have been selected to make it look better than it really is. &#x1f9d0;<\/p>\n<h4 style=\"padding-bottom: 15px; padding-top: 10px;\"><span class=\"ez-toc-section\" id=\"They_recently_fixed_what_was_broken\"><\/span>They recently fixed what was broken<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>iTrade lowered the fees a few months ago. They also added the possibility to hold US dollars in registered accounts, something that had been requested for years. Before those changes, users complaint the Scotia fees were incredibly high. Now at $9.99 per trade they are in-line with big bank-owned brokerages. Still, Questrade beats iTrade in term of <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">low fees<\/a>, <a title=\"Questrade Fees\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade-fees\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">free ETFs purchases<\/a> and ease of use. iTrade fees can be high when your account has low activity or if it doesn&#8217;t hold at least $25,000.<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 30px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-vs-itrade-reddit-1-760x98.png\" alt=\"Questrade vs iTrade -- Reddit Comment #1\" width=\"760\" height=\"98\" \/><\/div>\n<p>One advantage of iTrade is access to research information, but I rely on Google, Stockchase and free online resources for market data. Read about <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">how I use Questrade<\/a> to learn more about my trading apps and tools. Scotia iTrade is a good option if you are already banking with Scotiabank. Otherwise, <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> might be a better option.<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Simon holds an active trading account.<\/span><\/p>\n<h3 id=\"cibc-investors-edge-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_CIBC_Investors_Edge\"><\/span>Questrade vs CIBC Investor&#8217;s Edge<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>We are in the process of completing our review of <a href=\"https:\/\/www.investorsedge.cibc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">CIBC Investor&#8217;s Edge<\/a>. We just added some new Investor&#8217;s Edge desktop web site screenshots.<\/p>\n<p>Investor&#8217;s Edge is a step better than <a href=\"#rbc-direct-investing-vs-questrade\">RBC Direct Investing<\/a> or <a href=\"#bmo-investor-line-vs-questrade\">BMO Investorline<\/a> but worst than <a href=\"#td-web-broker-vs-questrade\">TD Webbroker<\/a> or <a href=\"#scotia-itrade-vs-questrade\">Scotia iTrade<\/a>. It&#8217;s the middle-range big bank-owned trading app. It features good brokerage\/banking integration as all CIBC banking and investing services offer the same user interface this includes CIBC Banking, CIBC Investor&#8217;s Edge, CIBC Wood Gundy and CIBC Imperial Service.<\/p>\n<p>Here&#8217;s a screenshot from CIBC Wood Gundy; pretty similar to Investor&#8217;s Edge:<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 30px; text-align: center;\"><img decoding=\"async\" style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"questrade-vs-cibc-investors-edge-screenshot-1modified.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/05\/questrade-vs-cibc-investors-edge-screenshot-1modified.png\" alt=\"Questrade vs cibc investors edge screenshot 1modified\" width=\"800\" border=\"0\" \/><\/div>\n<p>And here&#8217;s a screenshot of Stock Order entry within Investor&#8217;s Edge :<\/p>\n<div style=\"margin: 30px 0; background-color: #ffffff; border: 1px solid #99d6d9; border-radius: 5px; padding: 30px; text-align: center;\"><img decoding=\"async\" style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"cibc-investorsedge-stock-order-entry-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/05\/cibc-investorsedge-stock-order-entry-screenshot.png\" alt=\"Cibc investorsedge stock order entry screenshot\" width=\"800\" border=\"0\" \/><\/div>\n<p>It is one of the worst option in term of fees for low activity and small equity level clients. Otherwise, it seems they now offer a lower $6.95 fee per trade. <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> is a sure bet even if you are a CIBC banking client.<\/p>\n<p><span style=\"font-size: 12px;\">Verified personally: Martin holds an active CIBC Wood Gundy account.<\/span><\/p>\n<h3 id=\"tangerine-vs-questrade\"><span class=\"ez-toc-section\" id=\"Questrade_vs_Tangerine\"><\/span>Questrade vs Tangerine<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/www.tangerine.ca\/\" target=\"_blank\" rel=\"noopener noreferrer\">Tangerine<\/a> is a subsidiary of Scotiabank. It is not a brokerage and does not offer a trading app to buy &amp; sell stocks but it could be viewed as a no fee and no minimum account size alternative to opening a brokerage account.<\/p>\n<p>For new investors with less than $5000 that really want the lowest fee investing option available, Tangerine offers index mutual funds who, according to the <a href=\"https:\/\/www.theglobeandmail.com\/globe-investor\/zero-fee-etfs-can-come-with-strings-attached\/article36938030\/\" target=\"_blank\" rel=\"noopener noreferrer\">zero-fee ETFs can come with strings attached<\/a> article in The Globe and Mail, would be a good option to save until you have $5000.<\/p>\n<p>It is also a recommended option at the <a href=\"https:\/\/canadiancouchpotato.com\/model-portfolios\" target=\"_blank\" rel=\"noopener noreferrer\">Canadian Couch Potato<\/a> (Option #1) and referenced as the simplest way to get started with index investing.<\/p>\n<p>Tangerine offers high interest savings accounts and does not offer brokerage.<\/p>\n<h3 id=\"banks-we-did-not-consider\"><span class=\"ez-toc-section\" id=\"Banks_We_Did_Not_Consider\"><\/span>Banks We Did Not Consider<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>We did not consider some big bank-owned brokerages that lag in term of online account opening process. We assume you wouldn&#8217;t want to print a bunch of documents, sign them and mail them to open an online trading account or worst having to drive to the local branch.<\/p>\n<h3 id=\"hsbc-investdirect-vs-questrade\"><span class=\"ez-toc-section\" id=\"HSBC_InvestDirect\"><\/span>HSBC InvestDirect<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Same thing here, according to the <a href=\"https:\/\/www.theglobeandmail.com\/investing\/article-which-online-brokerage-is-best-rob-carrick-ranks-your-options\/\" target=\"_blank\" rel=\"noopener noreferrer\">Globe and Mail Best Online Brokerage Report<\/a>, HSBC InvestDirect still does not offer paperless account opening. We might consider HSBC InvestDirect when they offer paperless account opening.<\/p>\n<h3 id=\"using-wealthica-with-questrade\"><span class=\"ez-toc-section\" id=\"Wealthica_to_see_all_your_investments_in_one_place\"><\/span>Wealthica to see all your investments in one place<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Wealthica can help fix a few of the shortcomings of the brokerage and integrates perfectly with Questrade, Interactive Brokers and any of the brokerages we compared.<\/p>\n<p><span class=\"highlight\">Wealthica: automatic enhanced reporting for your trading account<\/span><\/p>\n<p>In case you want to open a new <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> account or transfer from your current big bank-owned brokerage, <a href=\"https:\/\/wealthica.com\/?utm_source=Stockchase&amp;utm_medium=Text_Link&amp;utm_campaign=Questrade_vs_Others&amp;utm_term=Text_Link\" target=\"_blank\" rel=\"noopener noreferrer\">Wealthica<\/a> can save your full transaction history from your current brokerage so it&#8217;s still available to you after you transferred to Questrade.<\/p>\n<p>Here&#8217;s what it looks like :<\/p>\n<p><a href=\"https:\/\/wealthica.com\/?utm_source=Stockchase&amp;utm_medium=Screenshot&amp;utm_campaign=Questrade_vs_Others&amp;utm_term=Image\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" title=\"questrade-with-wealthica-screenshot.png\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-with-wealthica-screenshot.png\" alt=\"Questrade with wealthica Screenshot\" width=\"825\" height=\"507\" border=\"0\" \/><\/a><\/p>\n<p>In case you would like to benefit from Questrade&#8217;s free ETFs purchases, you can keep both your current brokerage and Questrade active, link both inside Wealthica and enjoy a consolidated view of all your investment accounts.<\/p>\n<p>Wealthica is one of <a href=\"https:\/\/stockchase.com\/discover\/go\/questrade-wealthica\" rel=\"nofollow\">Questrade&#8217;s most popular partner apps<\/a>.<\/p>\n<p>If you have a question about our Questrade vs the Others review, <a href=\"mailto:hello@stockchase.com\">drop us a line<\/a>. You can also read our full <a href=\"https:\/\/stockchase.com\/discover\/questrade-review\">Questrade Canada Brokerage Review<\/a> if you want to learn more about their user interface, mobile app, free ETFs purchases, etc. We\u2019ve had a great experience with Questrade and still use them for our margin, TFSA and RRSP trading accounts. And seriously, even if you don\u2019t choose Questrade I would definitely stay AWAY from Virtual Brokers. Even though more people heard of big-bank brokerages, the evidence clearly shows <a title=\"Questrade\" href=\"https:\/\/stockchase.com\/discover\/go\/questrade\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Questrade<\/a> is the better choice.<\/p>\n<p>Would you like us to review another brokerage? Do you agree or disagree with our reviews? Do you want to share your own experience? We&#8217;d like to hear what you think. We read all comments and leave a reply if possible.<\/p>\n<p>Cheers,<br \/>\nSimon, Martin and the <a href=\"https:\/\/stockchase.com\/discover\/the-stock-chasers\/\">Stock Chasers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Still trying to choose between Questrade versus another trading app? Look at these RedFlagDeals and Twitter polls of top Canadian brokerage. Questrade is #1 in all 3 polls. More people like Questrade&#8230; but why? Questrade is the most popular Canadian [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"Yes","cwp_rev_product_name":"Questrade","cwp_rev_product_image":"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-logo.jpg","wppr_links":[],"cwp_rev_price":"0.00","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[41],"tags":[97,108,109,99,98,103,105,102,92,106,96,107,100,101,95,93,104,94],"class_list":["post-46267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-bmo-investorline","tag-brokerage-review","tag-canada-brokerage-review","tag-desjardins-online-brokerage","tag-disnat","tag-hsbc-investdirect","tag-interactive-brokers","tag-national-bank-direct-brokerage","tag-qtrade-investor","tag-questrade","tag-rbc-direct-investing","tag-review","tag-scotia-itrade","tag-tangerine","tag-td-webbroker","tag-virtual-brokers","tag-wealthica","tag-wealthsimple-trade"],"wppr_data":{"cwp_meta_box_check":"Yes","cwp_rev_product_name":"Questrade","_wppr_review_template":"style1","cwp_rev_product_image":"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/02\/questrade-logo.jpg","cwp_image_link":"link","wppr_links":[],"cwp_rev_price":"0.00","wppr_pros":[],"wppr_cons":[],"wppr_rating":"0.00","wppr_options":[],"wppr_review_type":"Product","wppr_review_custom_fields":{"additionalProperty":"","additionalType":"","aggregateRating":"","alternateName":"","audience":"","award":"","awards":"","brand":"","color":"","depth":"","description":"","disambiguatingDescription":"","gtin12":"","gtin13":"","gtin14":"","gtin8":"","height":"","identifier":"","image":"","isAccessoryOrSparePartFor":"","isConsumableFor":"","isRelatedTo":"","isSimilarTo":"","itemCondition":"","logo":"","mainEntityOfPage":"","manufacturer":"","material":"","model":"","mpn":"","name":"","offers":"","potentialAction":"","productID":"","productionDate":"","purchaseDate":"","releaseDate":"","review":"","reviews":"","sameAs":"","sku":"","slogan":"","subjectOf":"","url":"","weight":"","width":""}},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/46267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=46267"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/46267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/49865"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=46267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=46267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=46267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}