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
4.2
overall pros
  • Great customer service
  • Easy account opening
  • Solid educational tools
  • Low fees
  • Super fast account opening
  • Seamless deposit and withdrawal
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  • Mobile and web platform are outdated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 selection
  • Customer service could be improved
  • No investor protection
fees
3.6
  • 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
4.2
  • Low forex fees
  • Low stock index CFD 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
  • 2-3 business days account opening
  • 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 available
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)
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
  • No order confirmation
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
markets and products
2.3
  • 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
  • Not 24/7
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
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
  • 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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