Compare Qtrade vs Swissquote


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

Qtrade vs Swissquote
overall rating
4.3
4.5
overall pros
  • Great customer service
  • Easy account opening
  • Solid educational tools
  • Access to many markets and products
  • No inactivity fee
  • Rock-solid background
overall cons
  • Only Canadian and US markets covered
  • Mobile and web platform are outdated
  • Credit/debit cards and electronic wallets are not provided
  • High trading fees
  • Confusing trading platform selection
  • Some research tools are not free
fees
3.8
  • Low non-trading fees
  • Low stock and ETF fees
  • ~100 free ETFs
  • No mutual fund fees
  • High options fees
  • CAD 25 per quarter account fee
1.6
  • Low fund fees
  • No inactivity fee
  • High stock and ETF fees
  • High forex fees
  • High bond fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Many account types
  • 2-3 business days account opening
  • Only available to clients with valid Canadian SIN
4.0
  • Fully digital
  • No minimum deposit for trading account
  • Long wait times
  • Forex and robo-advisor accounts have high minimum
deposit and withdrawal
3.0
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Electronic wallets not available
4.1
  • Credit/Debit card available
  • Several account base currencies
  • Swiss entity charges withdrawal and deposit fees
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)
4.3
  • Clear fee report
  • Two-step (safer) login
  • Good search function
  • Easy to get lost among functions
mobile trading platform
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
4.7
  • User-friendly
  • Good search function
  • Price alerts
  • No advanced search filters
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.7
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
  • Robo-advisory
research
2.8
  • Trading ideas
  • Data on asset fundamentals
  • Limited interactive charting
  • No/limited set of analytic tools
3.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
  • Recommendations are not structured
customer service
3.1
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
  • Not 24/7
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Email answers are not always relevant
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not updated regularly
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Solid parent companies
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Listed on stock exchange
recommended for Investors, including beginners, who focus on the Canadian and US markets Affluent investors who value safety and are OK with higher fees
×