Compare ActivTrades vs Qtrade


Online brokers compared for fees, trading platforms, safety and more. See how ActivTrades stacks up against Qtrade!

ActivTrades vs Qtrade
overall rating
4.4
4.3
overall pros
  • Low trading fee
  • Free deposit and withdrawal
  • Good customer support and education
  • Great customer service
  • Easy account opening
  • Solid educational tools
overall cons
  • Slim product portfolio
  • Basic research tools
  • High minimum deposit
  • Only Canadian and US markets covered
  • Mobile and web platform are outdated
  • Credit/debit cards and electronic wallets are not provided
fees
4.3
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
3.8
  • Low non-trading fees
  • Low stock and ETF fees
  • ~100 free ETFs
  • No mutual fund fees
  • High options fees
  • CAD 25 per quarter account fee
account opening
3.8
  • Fast
  • Fully digital
  • User-friendly
  • Minimum deposit is $1,000
4.4
  • Fully digital
  • No minimum deposit
  • Many account types
  • 2-3 business days account opening
  • Only available to clients with valid Canadian SIN
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Minor account currencies are not available
3.0
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Electronic wallets not available
web trading platform
3.8
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
3.0
  • Clear fee report
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.3
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
2.5
  • Good search function
  • Good variety of order types
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.4
  • Forex
  • CFD
2.7
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
3.0
  • Good interactive chart
  • User-friendly
  • Good set of analytical tools
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
2.8
  • Trading ideas
  • Data on asset fundamentals
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
3.1
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
  • Not 24/7
education
5.0
  • Demo account
  • Trading platform tutorial
  • One to one training
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not updated regularly
  • Negative balance protection
  • Regulated by top-tier FCA
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Solid parent companies
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Forex and CFD traders who looking for low fees and great deposit/withdrawal Investors, including beginners, who focus on the Canadian and US markets
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