Online brokers compared for fees, trading platforms, safety and more. See how Eightcap stacks up against Qtrade Direct Investing!
Last update of data—Dec 2022
Eightcap is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Qtrade is a Canadian stockbroker regulated by the top-tier IIROC.
Recommended for forex traders who prefer the MetaTrader platform.
Recommended for investors, including beginners, who focus on the Canadian and US markets.
Eightcap
Eightcap is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Recommended for forex traders who prefer the MetaTrader platform.
Qtrade Direct Investing
Qtrade is a Canadian stockbroker regulated by the top-tier IIROC.
Recommended for investors, including beginners, who focus on the Canadian and US markets.
Eightcap's service is on par with Qtrade Direct Investing's and a comparison of their fees shows that Eightcap's fees are slightly lower than Qtrade Direct Investing's.
Account opening takes somewhat less effort at Eightcap compared to Qtrade Direct Investing, deposit and withdrawal processes are more seamless at Eightcap, while customer service quality is much better than Qtrade Direct Investing's.
Our experts rated the trading platform of Eightcap as being of the same quality as the platform of Qtrade Direct Investing, found that clients have access to slightly less markets and products with Eightcap, while Qtrade Direct Investing provides somewhat better research and education.
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.
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