Compare moomoo vs Qtrade


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

moomoo vs Qtrade
overall rating
4.5
4.3
overall pros
  • Free stocks, ETFs and options
  • Fast and easy account opening
  • Quality analytical tools
  • Low trading fees
  • Easy account opening
  • Solid educational tools
overall cons
  • Limited product portfolio
  • Only bank transfer for deposit/withdrawal
  • No live chat or telephone support
  • Only Canadian and US markets covered
  • Outdated mobile and web platform
  • Credit/debit cards, e-wallets not accepted
fees
4.7
  • Commission-free stocks, ETFs, and options
  • No inactivity fee
  • High margin rates
3.9
  • Low stock and ETF fees / Free stock trading
  • No mutual fund fees
  • Inactivity fee
  • Average options fees and margin rates
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Fast
  • Available only in the US and Singapore
4.4
  • Fully digital
  • No minimum deposit
  • Many account types
  • Account verification a bit slow
  • Only available to clients with valid Canadian SIN
deposit and withdrawal
1.9
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High wire withdrawal fee
3.0
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Electronic wallets not accepted
web trading platform
3.0
  • Clear fee report
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • Poor design
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID 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
4.5
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
markets and products
2.1
  • Stock
  • ETF
  • Options
2.7
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
5.0
  • Good interactive chart
  • Data on asset fundamentals
  • Good set of analytical tools
2.8
  • Trading ideas
  • Data on asset fundamentals
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
1.5
  • Good email support
  • No phone support
  • No live chat
  • No 24/7 support
3.1
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
education
2.0
  • Demo account
  • Educational texts
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not updated regularly
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Solid ownership background
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors and traders looking for zero-commission trading and focusing on US markets. Investors, including beginners, who focus on the Canadian and US markets
×