Compare Fineco Bank vs Questrade


Online brokers compared for fees, trading platforms, safety and more. See how Fineco Bank stacks up against Questrade!

Fineco Bank vs Questrade
overall rating
4.7
4.5
overall pros
  • Low trading and non-trading fees
  • Great mobile trading platform
  • Rock-solid background
  • Solid research tools
  • Great desktop trading platform
  • Superb customer service
overall cons
  • Only bank transfer for deposit
  • Limited educational tools
  • Poor charting tools
  • Slow account opening process for international customers
  • High inactivity fee
  • High withdrawal fee for non-Canadians
fees
3.7
  • Low stock, ETF, bond, and fund fees
  • Low CFD and futures fees
  • Low non-trading fees
  • High forex and options fees
  • High fees for CFD overnight positions
3.2
  • Low stock and ETF fees
  • Low fund fees
  • No withdrawal fee inside Canada
  • Inactivity fee
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Bit slow account verification
3.8
  • Fast
  • Fully digital
  • User-friendly
  • Minimum deposit is higher than $500
  • Complicated for non-Canadians
deposit and withdrawal
3.3
  • No deposit fee
  • Several account base currencies
  • Free withdrawal in most cases
  • Credit/Debit card is not available for deposit
  • Missing electronic wallets
2.7
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Few base currencies
  • Credit/Debit card not available
  • Slow withdrawal - over 3 days
  • High fee for wire withdrawals
web trading platform
4.3
  • Good search function
  • Good variety of order types
  • Modern design
  • Limited customizability (for charts, workspace)
3.3
  • User-friendly
  • Good variety of order types
  • Price alerts
  • No clear fee report available
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.7
  • User-friendly
  • Good search function
  • Modern design
4.3
  • User-friendly
  • Good variety of order types
  • Price alerts
  • No two-step (safer) login
desktop trading platform
2.7
  • Good customizability (for charts, workspace)
  • Good search function
  • Not user-friendly
  • No clear fee report available
4.3
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
3.6
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • CFD
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Great screeners
  • Limited interactive charting
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Live streaming data only available for a paid subscription
customer service
4.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
3.0
  • Educational videos
  • Webinars
  • No demo account
3.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Structured educational section missing
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • CAD 10 million per account additional insurance
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Traders and investors looking for low fees and broker with a solid background Traders and investors focusing on the Canadian and US markets
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