Qtrade Direct Investing vs Stake compared

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

Qtrade Direct Investing
Stake
Qtrade Direct Investing
4.0
Stake
4.2
When you invest your capital is at risk

Last update of dataSep 2022

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.

Stake

Stake is an Australia-based fintech startup that offers commission-free stock trading, regulated by the Australian Securities and Investment Commission (ASIC) and the FCA.

Recommended for beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform.

Qtrade Direct Investing's service is on par with Stake's and a comparison of their fees shows that Qtrade Direct Investing's fees are higher than Stake's.

Account opening takes somewhat more effort at Qtrade Direct Investing compared to Stake, deposit and withdrawal processes are somewhat easier at Qtrade Direct Investing, while customer service quality is similar to Stake's.

Our experts rated the trading platform of Qtrade Direct Investing as somewhat worse than the platform of Stake, found that clients have access to slightly more markets and products with Qtrade Direct Investing, while Stake provides just about the same quality of research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.0

Recommended for Investors, including beginners, who focus on the Canadian and US markets

Overall Score
4.2

Recommended for Beginners and investors looking for free US stocks/ETFs and a simple, easy to use trading platform

Country of origin

Canada

Country of origin

Australia

Fees

Fees score
3.4
Fees score
4.7
Fees summary

Low trading and non-trading fees

Fees summary

Low trading and average non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.0
Deposit and withdrawal score
2.2
Number of base currencies

2

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
4.2
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$50

*
Time to open account

1-3 days

Time to open account

1 day

Required documents

Social Insurance Number, Government ID, Proof of Income, Investment e-Statements

Required documents

Australian ID for Australian clients. No documents needed for UK clients.

Trading platform

Web platform score
3.5
Web platform score
3.6
Mobile platform score
3.0
Mobile platform score
4.1
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
2.7
Markets and products score
1.6
Stocks
Stocks
*
*
Fractional shares
Fractional shares
*
*
ETFs
ETFs
*
*
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
CFDs
CFDs

Research, education

Research score
2.9
Research score
3.0
Charting quality

Poor

Charting quality

Poor

Education score
4.0
Education score
0.5
Demo account
Demo account

Customer service

Customer service score
0.5
Customer service score
0.4
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

CAD 1 million

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2000

Foundation date

2017

Country of regulation

Canada

Country of regulation

Australia, UK

Qtrade Direct Investing

For detailed information and hands-on experience, read our review of this broker.

Stake

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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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