Compare Qtrade vs Trading 212


Online brokers compared for fees, trading platforms, safety and more. See how Qtrade stacks up against Trading 212!

Qtrade vs Trading 212
overall rating
4.3
4.6
overall pros
  • Great customer service
  • Easy account opening
  • Solid educational tools
  • Real stocks and ETFs are commission-free
  • Quick and easy account opening
  • Great trading platforms
overall cons
  • Only Canadian and US markets covered
  • Mobile and web platform are outdated
  • Credit/debit cards and electronic wallets are not provided
  • Limited product portfolio
  • Basic tools for fundamental analysis
  • High forex fee
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
3.8
  • Free stock and ETF trading
  • Low CFD fees
  • No withdrawal and inactivity fee
  • High forex fees
  • High financing rate
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
4.5
  • Fast
  • Fully digital
  • No minimum deposit
  • Problems with verification
deposit and withdrawal
3.0
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Electronic wallets not available
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few base currencies available in each country
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)
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
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
4.9
  • User-friendly
  • Good search function
  • Price alerts
desktop trading platform
markets and products
2.7
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
3.7
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
research
2.8
  • Trading ideas
  • Data on asset fundamentals
  • Limited interactive charting
  • No/limited set of analytic tools
2.8
  • Good interactive chart
  • User-friendly
  • No fundamental data available
  • No/poor quality news flow
customer service
3.1
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
  • Not 24/7
3.6
  • Phone support
  • Relevant answers
  • 24/7 availability
  • No live chat
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not updated regularly
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
  • 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
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Investors, including beginners, who focus on the Canadian and US markets Active CFD and FX traders and investors looking for intuitive trading platforms
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