Alpaca Trading
Questrade
Basic data of broker
Recommended for Traders interested in algorithmic stock trading
Recommended for Traders and investors focusing on the Canadian and US markets
USA
Canada
Fees
Free stock and ETF trading, low non-trading fees
Low trading and non-trading fees, low stock and ETF fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
2
Deposit type
Withdrawal type
Account opening
$0
$1000
1 day
1 day
Social security number, other proof of residence
Proof of identity: national ID / driver's licence plus social insurance number for Canadians / tax identifier number for internationals
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
CAD 1 million
2015
1999
USA
Canada
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Alpaca Trading's service is on par with Questrade's and a comparison of their fees shows that Alpaca Trading's fees are lower than Questrade's.
Account opening takes less effort at Alpaca Trading compared to Questrade, deposit and withdrawal processes are somewhat more complicated at Alpaca Trading, while customer service quality is lower than Questrade's.
Our experts rated the trading platform of Alpaca Trading as somewhat worse than the platform of Questrade, found that clients have access to less markets and products with Alpaca Trading, while Questrade provides just about the same quality of research and education.
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