Compare Qtrade vs Vantage FX


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

Qtrade vs Vantage FX
overall rating
4.3
4.4
overall pros
  • Low trading fees
  • Easy account opening
  • Solid educational tools
  • Low fees
  • Super fast account opening
  • Seamless deposit and withdrawal
overall cons
  • Only Canadian and US markets covered
  • Outdated mobile and web platform
  • Credit/debit cards, e-wallets not accepted
  • Limited product selection
  • Customer service could be improved
  • No investor protection
fees
3.9
  • Low stock and ETF fees / Free stock trading
  • No mutual fund fees
  • Inactivity fee
  • Average options fees and margin rates
4.2
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
  • High financing rate
  • High stock CFD fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Many account types
  • Account verification a bit slow
  • Only available to clients with valid Canadian SIN
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
3.0
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Electronic wallets not accepted
4.5
  • Credit/Debit card available
  • No deposit fee
  • Quick deposit and withdrawal
  • International bank withdrawals (after the first one in each month) have a high fee
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
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
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
3.8
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
markets and products
2.7
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.6
  • Forex
  • CFD
  • Crypto
research
2.8
  • Trading ideas
  • Data on asset fundamentals
  • Limited interactive charting
  • No/limited set of analytic tools
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • Most tools are available only with $1,000 minimum account balance
customer service
3.1
  • Phone support
  • Relevant answers
  • No live chat
  • No 24/7 support
2.8
  • Live chat available
  • Relevant answers on the phone
  • No 24/7 support
  • Mediocre email support
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Not updated regularly
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Webinars
  • 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
  • Negative balance protection
  • No investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors, including beginners, who focus on the Canadian and US markets Forex and CFD traders familiar with the MetaTrader trading platforms
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