Compare Questrade vs Trading 212


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

Questrade vs Trading 212
overall rating
4.6
4.6
overall pros
  • Low stock and ETF fees
  • Solid research tools
  • Superb customer service
  • Real stocks and ETFs are commission-free
  • Quick and easy account opening
  • Great trading platforms
overall cons
  • Slow account opening for non-Canadians
  • High withdrawal fee for non-Canadians
  • Limited account base currencies
  • Limited product portfolio
  • Basic tools for fundamental analysis
  • High forex fee
fees
3.7
  • Low non-trading fees
  • Low stock and ETF fees
  • Low fund fees
  • High options fees
  • High CFD fees
  • High margin rates
3.8
  • Free stock and ETF trading
  • Low CFD fees
  • No withdrawal and inactivity fee
  • High forex fees
  • High financing rate
account opening
3.8
  • Fast
  • Fully digital
  • User-friendly
  • Minimum deposit is higher than $500
  • Complicated for non-Canadians
4.5
  • Fast
  • Fully digital
  • No minimum deposit
  • Problems with verification
deposit and withdrawal
2.7
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Slow withdrawal - over 3 days
  • High fee for wire withdrawals
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few base currencies available in each country
web trading platform
3.8
  • User-friendly
  • Good variety of order types
  • Price alerts
  • No clear fee report available
  • Limited customizability (for charts, workspace)
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
mobile trading platform
4.8
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
4.9
  • User-friendly
  • Good search function
  • Price alerts
desktop trading platform
4.3
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No clear fee report available
markets and products
4.2
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • CFD
3.7
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
research
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Live data only available for paid subscription
2.8
  • Good interactive chart
  • User-friendly
  • No fundamental data available
  • No/poor quality news flow
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
3.6
  • Phone support
  • Relevant answers
  • 24/7 availability
  • No live chat
education
4.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Educational section is hard to navigate
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
  • CAD 10 million per account additional insurance
  • 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 Traders and investors focusing on the Canadian and US markets Active CFD and FX traders and investors looking for intuitive trading platforms
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