Qtrade Direct Investing vs Webull compared

Qtrade Direct Investing
Webull

Qtrade Direct Investing

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Trading platform combined score3.1/5.0
  • Fees score3.3/5.0
  • Research score3.0/5.0
Good to know
Recommended for
  • beginners 3.31/5
You can't open an account at Qtrade Direct Investing

Webull

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Trading platform combined score5.0/5.0
  • Fees score4.8/5.0
  • Research score4.4/5.0
Good to know
Recommended for
  • beginners 4.44/5
  • equity 4.29/5
You can open an account at Webull
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Basic data of broker

Overall Score
4.2

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

Overall Score
4.8

Recommended for Investors and traders looking for zero-commission trading and easy platforms

Best broker for IPO

Country of origin

Canada

Country of origin

USA, Hong Kong and Macao

Fees

Fees score
3.3
Fees score
4.8
Fees summary

Low trading and non-trading fees

Fees summary

Commission-free stock and ETF trading, low non-trading 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

Deposit and withdrawal score
3.0
Deposit and withdrawal score
1.9
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
*

$0

*
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

Proof of identity: SSN / passport / national ID card / driver's license/tax identification number

Trading platform

Web platform score
3.5
Web platform score
5.0
Mobile platform score
3.0
Mobile platform score
5.0
Desktop platform score
-
Desktop platform score
5.0

Markets and products

Markets and products score
2.9
Markets and products score
2.9
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
3.0
Research score
4.4
Charting quality

Poor

Charting quality

Great

Education score
4.0
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
2.3
Customer service score
3.3
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) for US customers, and HKD 500,000 for securities and HKD 0 for cash in Hong Kong and China

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

USA, Hong Kong

Qtrade Direct Investing

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

Webull

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.

Qtrade Direct Investing's service is slightly weaker than Webull's and a comparison of their fees shows that Qtrade Direct Investing's fees are higher than Webull's.

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

Our experts rated the trading platform of Qtrade Direct Investing as less user-friendly than the platform of Webull, found that clients have access to about the same number of markets and products with Qtrade Direct Investing, while Webull provides better research and education.

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