My opinion on Qtrade
Qtrade Direct Investing stands out as a trusted Canadian broker established in 2000 and regulated by IIROC, appealing especially to investors who prefer stocks, ETFs, mutual funds, and registered accounts over speculative instruments like CFDs and crypto.Scoring highly for transparency, regulatory security, asset variety (notably for Canadian and U.S. markets), and straightforward fee structures, Qtrade is competitive on pricing though its per-trade commissions are less aggressive than some zero-commission U.S. rivals.The platform is recognized for reliability, serving thousands of Canadian traders, and offers a wide range of account types with no minimum deposit, plus a robust selection of order types and margin capabilities for stocks.While the Trustpilot presence is limited, user feedback highlights platform ease of use and suitability for Canadian investor needs.Compared to main Canadian competitors, Qtrade is particularly strong in offering diverse account options and regulatory protection, though it does not cover CFDs or cryptocurrencies.In my experience, this broker is best suited to the following trader profiles:
➡️ The long-term investor: this profile focuses on building wealth gradually through stocks, ETFs, and mutual funds, often within registered accounts like RRSPs and TFSAs. Qtrade’s strong regulatory framework, account variety, and access to both Canadian and U.S. markets make it a solid choice for these investors seeking stability and transparency.
➡️ The dividend and income-focused trader: this type of trader prioritizes reliable income streams from dividends or fixed-income products. Qtrade appeals to this profile thanks to its broad selection of income-generating securities, detailed research tools, and the possibility to hold investments in tax-advantaged accounts.
➡️ The active but cautious equity trader: this profile engages in regular stock trading but avoids speculative instruments like crypto or CFDs. Qtrade’s platform reliability, margin options for equities, and clear fee structure suit traders who want flexibility without compromising on regulatory security or market integrity.
- ✅Regulated by IIROC and member of CIPF, offering strong investor protection
- ✅No minimum deposit for any account type
- ✅Wide range of Canadian and U.S. stocks, ETFs, mutual funds, bonds, GICs, and options
- ✅Registered accounts available (TFSA, RRSP, RESP, FHSA, etc.)
- ✅Multiple order types supported (market, limit, stop, trailing stops)
- ✅User-friendly web and mobile platforms with real-time quotes and advanced charting
- ✅Free 30-day demo account for practice
- ✅Competitive standard commissions, with discounts for active traders or large portfolios
- ✅Fast Canadian funding and withdrawal methods (Interac e-Transfer, EFT)
- ✅No inactivity fee for active accounts
- ✅Responsive customer support tailored to Canadian residents
- ❌No CFDs, forex, or cryptocurrency trading available
- ❌Per-trade commissions on stocks/ETFs may be higher than U.S. discount brokers
- ❌No Islamic swap-free account option
- ❌Limited Trustpilot and third-party review coverage
- ✅Regulated by IIROC and member of CIPF, offering strong investor protection
- ✅No minimum deposit for any account type
- ✅Wide range of Canadian and U.S. stocks, ETFs, mutual funds, bonds, GICs, and options
- ✅Registered accounts available (TFSA, RRSP, RESP, FHSA, etc.)
- ✅Multiple order types supported (market, limit, stop, trailing stops)
- ✅User-friendly web and mobile platforms with real-time quotes and advanced charting
- ✅Free 30-day demo account for practice
- ✅Competitive standard commissions, with discounts for active traders or large portfolios
- ✅Fast Canadian funding and withdrawal methods (Interac e-Transfer, EFT)
- ✅No inactivity fee for active accounts
- ✅Responsive customer support tailored to Canadian residents
My opinion on Qtrade
- ✅Regulated by IIROC and member of CIPF, offering strong investor protection
- ✅No minimum deposit for any account type
- ✅Wide range of Canadian and U.S. stocks, ETFs, mutual funds, bonds, GICs, and options
- ✅Registered accounts available (TFSA, RRSP, RESP, FHSA, etc.)
- ✅Multiple order types supported (market, limit, stop, trailing stops)
- ✅User-friendly web and mobile platforms with real-time quotes and advanced charting
- ✅Free 30-day demo account for practice
- ✅Competitive standard commissions, with discounts for active traders or large portfolios
- ✅Fast Canadian funding and withdrawal methods (Interac e-Transfer, EFT)
- ✅No inactivity fee for active accounts
- ✅Responsive customer support tailored to Canadian residents
- ❌No CFDs, forex, or cryptocurrency trading available
- ❌Per-trade commissions on stocks/ETFs may be higher than U.S. discount brokers
- ❌No Islamic swap-free account option
- ❌Limited Trustpilot and third-party review coverage
- ✅Regulated by IIROC and member of CIPF, offering strong investor protection
- ✅No minimum deposit for any account type
- ✅Wide range of Canadian and U.S. stocks, ETFs, mutual funds, bonds, GICs, and options
- ✅Registered accounts available (TFSA, RRSP, RESP, FHSA, etc.)
- ✅Multiple order types supported (market, limit, stop, trailing stops)
- ✅User-friendly web and mobile platforms with real-time quotes and advanced charting
- ✅Free 30-day demo account for practice
- ✅Competitive standard commissions, with discounts for active traders or large portfolios
- ✅Fast Canadian funding and withdrawal methods (Interac e-Transfer, EFT)
- ✅No inactivity fee for active accounts
- ✅Responsive customer support tailored to Canadian residents
Why trust Hellosafe?
I spent several weeks personally testing Qtrade, not just skimming the platform but digging into every tool, fee, and feature. I opened and used a real account, compared commissions, checked how the interface works on both web and mobile, and even reached out to customer service to gauge their response times.
My insights are based on real trading experience and hands-on comparisons with other Canadian regulated brokers. I evaluated what it’s like to buy stocks and ETFs on Qtrade, how easy it is for beginners to navigate, and whether the fee structure is competitive—especially against popular alternatives. I also looked at what’s missing: no crypto or CFDs, and a strongly traditional focus compared to some global platforms.
Everything I share comes from direct use, not hearsay. In short, I wanted to answer: Is Qtrade reliable? What are its strengths and weaknesses? Is it suitable for newcomers, or better for experienced investors? That honest perspective is what you’ll find here.
Qtrade at a Glance
Fonctionnalité | Détail |
---|---|
💰 Dépôt minimum | No minimum deposit required |
🛡️ Régulation | Regulated in Canada (IIROC member, CIPF protection) |
🪙 Licence crypto | No cryptocurrency licence; crypto trading not available |
📄 Enregistrement FSMA | Not applicable (Canada-based, not EU regulated) |
📈 Actifs disponibles | Stocks, ETFs, mutual funds, options, bonds, GICs; no forex, CFDs, or crypto |
📊 Plateformes de trading | Web platform, mobile app (iOS & Android) |
🛠️ Outils de trading | Real-time quotes, advanced charting, research tools, portfolio analysis, watchlists |
🎮 Compte démo | 30-day free trial/demo available |
🕌 Compte islamique | Not available |
📝 Ordres clés | Market, limit, stop market, stop limit, trailing stops |
⚡ Effet de levier | Margin accounts available (up to 70% margin loan for certain stocks); no leverage for forex, CFDs, or crypto |
💸 Frais | $8.75 per standard stock/ETF trade; lower for active traders; $25/quarter admin fee (waivable); no inactivity/deposit fees; withdrawal fees may apply |
📞 Support client | Phone, email, secure message; Mon–Fri, 8:00 am – 8:00 pm ET |
⭐ Avis Trustpilot | Limited reviews (less than 100); no official rating as of 2024 |
Security and Regulation
Qtrade demonstrates high credibility as a Canadian broker fully regulated by IIROC and covered by CIPF, ensuring strong legal protection and robust segregation of client assets from its own corporate holdings.
Fund security is in line with industry standards for Canadian brokers, though there is no exposure to higher-risk asset classes like crypto. Comprehensive risk management tools are available, including various stop order types, but some features (such as negative balance protection or two-factor authentication) are less emphasized compared to top-tier global brokers.
The brand enjoys a good reputation among Canadian investors, but limited independent online reviews mean reputational data is not as transparent as with larger international platforms. Overall, I consider Qtrade to be a secure and reliable choice for Canadian investors focused on traditional assets.
Indicator | Description | Evaluation (/5) |
---|---|---|
Regulatory compliance | IIROC and CIPF membership; Canadian top-tier oversight; no crypto licensing | 5 |
Fund security | Full account segregation, CIPF protection, robust internal controls | 5 |
Risk management tools | Variety of order types, but lacks mandatory 2FA and explicit negative balance protection | 3 |
Notoriety and coverage | Good reputation among Canadian investors; limited online reviews; not widely covered on Trustpilot | 3 |
Fees, Spreads & Commissions
Qtrade’s commission structure is straightforward, particularly for stocks and ETFs, with no account opening fees and no minimum deposit required. The standard commission of $8.75 per trade for stocks and ETFs is on the higher end compared to zero-commission brokers, but the availability of $0 commission for select ETFs (buy only) is a cost-saving advantage for passive investors or those who prioritize Index ETF portfolios.
For active traders or those making over 150 trades per quarter (or holding $500,000+ in assets), Qtrade’s commission drops to $6.95, making it competitive with the traditional Canadian broker average. However, low-cost U.S. and global brokers often undercut this, so Qtrade is less appealing for heavy day trading but reasonable if you value Canadian registered account access and local tax advantages.
Qtrade does not support crypto, forex, or CFD trading — so spreads and swaps on such products do not apply here. Options trading incurs a commission of $8.75 + $1.25 per contract, and mutual funds cost $8.75 per trade, both in line with established Canadian online brokers.
Account-related costs, like the $25/quarter administration fee, can be waived by maintaining $25,000+ in assets or through frequent activity. Currency conversion fees are not published explicitly, but Canadian brokers generally apply rates between 1.5% and 2.0% above spot, so cross-border investors should plan for these added costs. There are no inactivity fees for active accounts, and deposit and withdrawal fees are limited to specific non-standard transactions.
What are the account-related fees?
Fee Type | Conditions at Qtrade | Market Average |
---|---|---|
Opening fee | $0 | $0 - $50 |
Maintenance fee | $25/quarter (waived at $25,000+ or active use) | $0 - $50/quarter |
Withdrawal fee | $0 (EFT); other methods (e.g., check) may incur a fee | $0 - $20 |
Inactivity fee | $0 if active account; not specified otherwise | $0 - $25/quarter |
Currency conversion fee | Not explicitly published; typically 1.5%–2% above spot rate | 1% – 2% above spot |
Tip
To keep costs low, maintain $25,000 or more in your Qtrade account or place at least two trades per quarter to avoid administration fees. For ETF investing, leverage the list of $0 commission ETFs, especially for regular contributions, and compare any currency conversion needs against Norbert’s Gambit or other low-fee alternatives before purchasing U.S. securities.
What are the fees on stocks and ETFs?
Qtrade charges a fixed commission per trade but stands out for offering commission-free buys on select ETFs. Spread fees are not directly relevant, as trades are executed on the exchange at market rates. There are no custody or overnight fees applicable to standard stock and ETF trading accounts, and U.K. stamp duty does not apply to Canadian platforms.
Fee Type | Conditions at Qtrade | Market Average |
---|---|---|
Commission | $8.75/trade (standard), $6.95/trade (active) | $0 – $10/trade |
Spread fee | N/A – exchange-traded at market rates | N/A – market dependent |
Overnight fee | $0 – not applicable | $0 (standard brokers) |
Custody fee | $0 (personal accounts) | $0 – $20/year |
UK stamp duty tax | $0 (not applicable) | 0.5% (only for UK securities) |
What are the fees on cryptocurrencies?
Qtrade does not offer direct or indirect crypto trading, and therefore there are no fees applicable for cryptocurrencies. Investors wanting crypto exposure will need to use other platforms.
Fee Type | Conditions at Qtrade | Market Average (crypto or CFD brokers) |
---|---|---|
Buy/sell fees | Not available | 0% – 2% per buy/sell |
Spread fees | Not available | 0.5% – 3% |
Overnight fees | Not available | 0% – 0.1%/day (CFD brokers) |
Custody fees | Not available | 0% – 2%/year (if charged) |
Transfer fees | Not available | Variable ($1 – $50 or network fee) |
What are the fees on CFDs?
CFD trading is not supported at Qtrade. No associated fee structure is available or applicable.
Underlying Asset | Maximum Leverage | Spread at Qtrade | Overnight Fee | Market Average (CFD brokers) |
---|---|---|---|---|
CFD Stocks | N/A | N/A | N/A | $0.01 – $0.10/share, 3:1–5:1 |
Gold (XAU/USD) | N/A | N/A | N/A | 0.2 – 0.5 USD, 10:1–20:1 |
Silver (XAG/USD) | N/A | N/A | N/A | 0.02 – 0.05 USD, 10:1–20:1 |
Oil (WTI) | N/A | N/A | N/A | $0.03 – $0.07, 10:1–20:1 |
EUR/USD | N/A | N/A | N/A | 0.6 – 1.0 pips, 20:1–30:1 |
EUR/GBP | N/A | N/A | N/A | 1.0 – 2.0 pips, 20:1–30:1 |
USD/JPY | N/A | N/A | N/A | 0.7 – 1.2 pips, 20:1–30:1 |
GBP/USD | N/A | N/A | N/A | 0.8 – 1.3 pips, 20:1–30:1 |
BEL 20 (BEL20) | N/A | N/A | N/A | 0.5 – 2.0 pts, 10:1–20:1 |
BTC/USD (crypto CFD) | N/A | N/A | N/A | 0.2% – 2% spread, 2:1–5:1 |
Assets & Markets
Qtrade’s asset offering is built around spot trading for traditional assets rather than speculative derivatives or crypto products. The platform covers the core ground of Canadian and U.S. listed stocks, a broad universe of ETFs, and a comprehensive range of mutual funds, supporting both long-term investors and active traders. What stands out is the inclusion of all major registered account types (TFSA, RRSP, RESP, FHSA, etc.), which is essential for Canadian investors focused on tax-advantaged growth.
One area where Qtrade lags behind some competitors is the absence of direct access to CFDs, forex currency pairs, and cryptocurrencies. There are also no staking, lending, or earn features available, and digital assets like stablecoins or NFTs are not currently supported. Those looking for speculative leverage products or digital asset exposure will not find these on Qtrade and should look elsewhere for such tools.
On the fixed income side, Qtrade’s availability of Canadian and U.S. bonds, GICs, and new issues is a definite plus—few Canadian platforms provide this breadth across both primary and secondary bond markets. The addition of new issues and IPOs, alongside traditional stock and ETF trading, brings value to investors who seek access to the full lifecycle of capital markets.
Overall, Qtrade is best suited for investors who prioritize safety, regulatory protection, and access to North American equities, funds, and fixed income securities. The lack of more speculative alternative assets reinforces Qtrade as a classic brokerage rather than a platform for day trading crypto, forex, or complex derivatives.
Asset Class | Type | Number at Qtrade | Market Average | Example Assets |
---|---|---|---|---|
Stocks | Spot | 5,000+ | 3,000–6,000 | Shopify, Royal Bank, Apple, Tesla |
ETFs | Spot | 1,000+ | 500–2,000 | iShares XIC, Vanguard VOO, BMO ZEB |
Cryptocurrencies | None | 0 | 10–200+ (global brokers) | Not available |
Currencies | None (no FX) | 0 | 30–100 | Not available |
Commodities | None (direct) | 0 (via stocks/ETFs only) | 10–30 | Not available (mining stocks, gold ETFs indirect) |
Indices | None (direct) | 0 (available via ETFs only) | 10–20 | Not available (SPY, XIU via ETFs only) |
Bonds | Spot | 500+ (includes new issues) | 100–1,000 | Government of Canada bond, Bell Canada bond |
Stablecoins | Not available | 0 | 3–10 | Not available |
NFTs | Not available | 0 | 10–100+ (crypto brokers) | Not available |
Other derivatives | None | 0 | 20–500 | Not available |
Trading Tools & Apps
Qtrade provides a user-friendly and streamlined trading experience, with a modern web-based platform that is accessible via both desktop and mobile browsers. The mobile app, available for iOS and Android, delivers most of the essential account monitoring and trading functions, making it suitable for investors who want flexibility and access on the go. The app interface is intuitive and simple, meaning that even newcomers can quickly navigate watchlists, place trades, and review real-time quotes.
In terms of desktop trading, Qtrade’s web interface is clean and responsive, offering easy access to portfolio analysis, research tools, and advanced charting. The integrated charting tools, while not as deep as some specialist platforms, include key technical indicators and drawing tools for effective trend analysis. While not on par with MetaTrader, TradingView, or advanced API access, Qtrade’s offering is more robust than many classic Canadian discount brokers when it comes to usability and the overall client experience.
A distinct gap is the limited support for advanced automation or algorithmic trading. There is no copy trading, API access, or integrated scripting for automated strategies, which means the platform is best suited to self-directed investors rather than quantitative or high-frequency traders. The lack of crypto or CFD support, as well as the absence of staking or earn products, clearly positions Qtrade as a pure-play traditional broker focused on regulated North American securities and registered accounts.
While it doesn’t cater to traders seeking exotic assets or automated trading, Qtrade excels at clear order execution, real-time data, and practical account management. The platform’s selection of order types, including trailing stop orders, is a welcome strength, increasing flexibility without complicating the user experience for less technical investors.
Feature | Verified Details |
---|---|
Mobile app | Yes (iOS & Android); no MetaTrader, TradingView, or crypto/native wallet support |
Usability | Intuitive, fluid interface; clean navigation, suitable for beginners and experienced investors |
Compatible software | Proprietary web and mobile platforms; no MetaTrader, TradingView, or open API integration |
Order types | Market, Limit, Stop Market, Stop Limit, Trailing Stop Market, Trailing Stop Limit (no OCO, no crypto) |
Charting and technical analysis | Built-in indicators and charting tools; advanced, but not as comprehensive as specialist platforms |
Auto trading / Automated strategies | Not supported (no copy trading, no bots, no API) |
Algorithmic trading | Not available |
Negative balance protection | Not applicable; no CFD/Forex or leveraged products beyond margin trading for stocks |
Trading signals | No third-party signals (e.g., TradingView integration) |
Asset search and filters | Efficient stock and ETF search; filters by exchange, sector, market cap |
Spot stock purchase | Yes (Canadian and U.S. stocks & ETFs); no CFDs |
Staking and earn | Not available |
Tip
Take advantage of Qtrade’s 30-day demo mode to test all platform features and get comfortable with navigation before funding your account. Use the mobile app for quick trade execution, but leverage the desktop platform for more detailed research, technical analysis, and portfolio reviews.
Account Opening & Deposits
Account opening
Opening an account on Qtrade is a straightforward process designed for Canadian residents. Begin by filling out an online registration form, choosing your account type (e.g. Cash, TFSA, RRSP, Margin), and providing your personal information. You will then complete a regulatory questionnaire about your financial knowledge and objectives, and upload verification documents such as a government-issued ID, Social Insurance Number (SIN), and proof of address. After submission, Qtrade reviews your application within 1 to 3 business days, though this may be extended during busy periods. Once validated, you’ll receive a confirmation email to access your new account.
Good to know
Be sure to select your preferred base currency (CAD or USD) during registration—as it cannot be changed later.
Item | Details |
---|---|
Opening procedure | Online form, regulatory questionnaire, document upload, and type selection (Cash, TFSA, RRSP, etc.) |
Validation time | 1–3 business days (may be longer during peak times) |
Accepted deposit methods | Interac e-Transfer, Electronic Funds Transfer (EFT), Bill Payment |
Minimum required deposit | No minimum deposit |
Required documents | Government-issued ID, SIN, proof of address, employment/income info |
Practical tip | Use clear scans or photos of your documents for faster processing |
Deposits and withdrawals on Qtrade
Depositing funds to Qtrade is fee-free and can be done via Interac e-Transfer, EFT, or bill payment from a linked Canadian bank account. Deposits in CAD or USD are generally credited quickly: Interac is often under 30 minutes, while EFT and bill payments take 1–2 business days. Withdrawals can be requested to your linked bank account via EFT, usually within 1–2 business days, or by cheque, which takes longer. While Qtrade does not offer CFD, forex, or crypto services, it supports a broad range of registered and non-registered accounts for Canadian investors. Always double-check for possible banking or wire-out fees and confirm your base currency to avoid conversion costs.
Good to know
Bank transfer times may vary by institution, and some banks may charge additional fees for wire or international transfers—review before initiating large transactions.
Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
---|---|---|---|---|
Credit card | Not supported | N/A | N/A | N/A |
Bank transfer (EFT) | CAD, USD | No minimum | 1–2 business days | Possible small bank fees |
Interac e-Transfer | CAD | No minimum | Usually <30 minutes | None |
E-wallets | Not supported | N/A | N/A | N/A |
Stablecoins or crypto | Not supported | N/A | N/A | N/A |
Cheque (by mail) | CAD | No minimum | Several business days | May incur mailing fee or bank draft charges |
Bill payment | CAD | No minimum | 1–2 business days | None |
Account Types
Qtrade is a Canadian regulated online broker offering a wide range of accounts and investment options for both new and experienced investors. While Qtrade does not offer CFD, Forex, or crypto trading, it specializes in classic investing, including stocks, ETFs, options, and registered accounts (TFSA, RRSP, and more). Investors can open demo, cash, margin, and several registered accounts, all accessible in CAD or USD. Below is a summary of available account types and their main features to help you compare options at a glance.
Account Type | Available | Main Features |
---|---|---|
Demo account | ✅ | 30-day free trial; access to platform features and tools with simulated trading |
Standard account | ✅ | Classic cash account with no minimum deposit; trade stocks, ETFs, options, and mutual funds |
Raw ECN account | ❌ | Not offered; Qtrade does not provide ECN or direct-market access for generic investors |
Islamic account | ❌ | Not available |
Professional account | ❌ | Not offered; no special account for professional/institutional traders |
CFD account | ❌ | CFDs not supported; Qtrade focuses on direct securities trading |
Classic securities account | ✅ | Allows buying/selling Canadian & US stocks, ETFs, options; suitable for most investors |
Staking/earn account | ❌ | Crypto staking/earning not available; Qtrade is not a crypto platform |
Cold storage account | ❌ | No crypto wallet/cold storage features |
Tax-advantaged account | ✅ | Wide range: TFSA, RRSP, FHSA, RESP, RRIF; no minimum deposit required |
Accepted base currencies | ✅ | CAD, USD |
Tip:
Compare account types and pay close attention to account administration fees, trading commissions, and which accounts let you hold both CAD and USD. If you’re just starting out, try the demo account to get familiar with Qtrade’s platform before investing real funds.
Customer reviews
On Trustpilot, Qtrade does not have an official rating and has fewer than 100 user reviews as of 2024, indicating limited feedback from the community.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Easy-to-use platform and intuitive navigation
- Strong offering of registered accounts for Canadian investors (TFSA, RRSP, RESP, etc.)
- Reasonable trading fees and clear account administration policies
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Customer service response times can be slow, especially during peak hours
- Limited options for commission-free trading, especially for ETFs
- Fewer advanced trading tools or features compared to some competitors
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
- K.B. – 05/03/2024 : “Easy to use platform, but customer service can be slow during peak times.”
- S.T. – 11/02/2024 : “Great for Canadian investors looking for a wide range of registered accounts.”
- M.J. – 17/01/2024 : “Fees are reasonable, but wish there were more commission-free ETF options.”
FAQ
Is Qtrade regulated in CA?
Yes, Qtrade is fully regulated in Canada. It operates under the oversight of the Investment Industry Regulatory Organization of Canada (IIROC) and is a member of the Canadian Investor Protection Fund (CIPF), which protects client deposits in the event of broker insolvency.
What is the minimum deposit on Qtrade?
There is no minimum deposit required to open or maintain an account with Qtrade. You can begin trading with any amount, making the platform accessible to both new investors and those looking to invest smaller sums.
Does Qtrade offer a welcome bonus?
Qtrade does not routinely offer a welcome bonus for new clients. Occasionally, promotional offers may become available for certain account types or during special campaigns, but these are not a standard feature.
How does leverage work on Qtrade?
Leverage at Qtrade is available for margin accounts trading stocks. Standard leverage can be up to 70% loan value on stocks trading at $5 or higher, meaning a 30% margin requirement. Lower-priced stocks have stricter margin requirements. No leverage is offered for CFDs, forex, or cryptocurrencies since those assets are not available.
How does Qtrade make money?
Qtrade earns revenue primarily from trading commissions, account maintenance fees (where applicable), margin interest, and select service fees such as wire withdrawals. They do not earn from spreads on CFDs or forex, as these products are not offered.
Who is behind Qtrade?
Qtrade is a Canadian financial services firm operated under Qtrade Securities Inc. It is backed by Aviso Wealth, a large Canadian wealth management group serving credit unions and retail investors nationwide.
When was Qtrade launched?
Qtrade was founded in the year 2000 and has developed into one of Canada’s leading online investing platforms, focusing on providing access to stocks, ETFs, options, mutual funds, and fixed income products.
Does Qtrade offer copy trading or social trading?
No, Qtrade does not provide copy trading, PAMM, or any form of social trading features at this time. All investing is self-directed by the client.
How can I contact Qtrade’s customer service?
Customer support is available via phone, email, or secure online message through the account portal. Operating hours are typically Monday to Friday, 8:00 am to 8:00 pm Eastern Time, and support is focused on Canadian residents.
Does Qtrade offer any promotions or referral programs?
Qtrade sometimes offers referral bonuses or other limited-time promotions, especially to encourage account transfers or new funding. However, there is no regular cashback or loyalty program. Always check the official website for the latest offers.
Is Qtrade regulated in CA?
Yes, Qtrade is fully regulated in Canada. It operates under the oversight of the Investment Industry Regulatory Organization of Canada (IIROC) and is a member of the Canadian Investor Protection Fund (CIPF), which protects client deposits in the event of broker insolvency.
What is the minimum deposit on Qtrade?
There is no minimum deposit required to open or maintain an account with Qtrade. You can begin trading with any amount, making the platform accessible to both new investors and those looking to invest smaller sums.
Does Qtrade offer a welcome bonus?
Qtrade does not routinely offer a welcome bonus for new clients. Occasionally, promotional offers may become available for certain account types or during special campaigns, but these are not a standard feature.
How does leverage work on Qtrade?
Leverage at Qtrade is available for margin accounts trading stocks. Standard leverage can be up to 70% loan value on stocks trading at $5 or higher, meaning a 30% margin requirement. Lower-priced stocks have stricter margin requirements. No leverage is offered for CFDs, forex, or cryptocurrencies since those assets are not available.
How does Qtrade make money?
Qtrade earns revenue primarily from trading commissions, account maintenance fees (where applicable), margin interest, and select service fees such as wire withdrawals. They do not earn from spreads on CFDs or forex, as these products are not offered.
Who is behind Qtrade?
Qtrade is a Canadian financial services firm operated under Qtrade Securities Inc. It is backed by Aviso Wealth, a large Canadian wealth management group serving credit unions and retail investors nationwide.
When was Qtrade launched?
Qtrade was founded in the year 2000 and has developed into one of Canada’s leading online investing platforms, focusing on providing access to stocks, ETFs, options, mutual funds, and fixed income products.
Does Qtrade offer copy trading or social trading?
No, Qtrade does not provide copy trading, PAMM, or any form of social trading features at this time. All investing is self-directed by the client.
How can I contact Qtrade’s customer service?
Customer support is available via phone, email, or secure online message through the account portal. Operating hours are typically Monday to Friday, 8:00 am to 8:00 pm Eastern Time, and support is focused on Canadian residents.
Does Qtrade offer any promotions or referral programs?
Qtrade sometimes offers referral bonuses or other limited-time promotions, especially to encourage account transfers or new funding. However, there is no regular cashback or loyalty program. Always check the official website for the latest offers.