Questrade vs VT Markets compared

Questrade
VT Markets
74-89% of retail CFD accounts lose money
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score
    4.5
    /5
  • Deposit and withdrawal score
    2.7
    /5
  • Account opening score
    3.5
    /5
  • Markets and products score
    1.9
    /5
  • Deposit and withdrawal score
    4.5
    /5
  • Account opening score
    5.0
    /5
Recommended for
  • Beginners
    4
    /5
  • Equity
    4.3
    /5
  • Forex
    4
    /5
You can't open an account in United States
You can't open an account in United States
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Basic data of broker

Overall Score
4.5

Recommended for Traders and investors focusing on the Canadian and US markets

Overall Score
4.1

Recommended for Forex traders familiar with the MetaTrader trading platforms

Country of origin

Canada

Country of origin

Australia

Fees

Fees score
3.4
Fees score
3.8
Fees summary

Low trading and non-trading fees, low stock and ETF fees

Fees summary

Low forex fees, but high CFD fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
2.7
Deposit and withdrawal score
4.5
Number of base currencies

2

Number of base currencies

5

Deposit type

Withdrawal type

Account opening

Account opening score
3.5
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$1000

*
Minimum deposit
*

$200

*
Time to open account

1 day

Time to open account

1 day

Required documents

Proof of identity: national ID / driver's licence plus social insurance number for Canadians / tax identifier number for internationals

Required documents

Proof of identity: passport, national ID Proof of residency: utility bill, bank statement, residence certificate

Trading platform

Web platform score
3.8
Web platform score
2.8
Mobile platform score
4.8
Mobile platform score
4.1
Desktop platform score
4.3
Desktop platform score
3.4

Markets and products

Markets and products score
4.5
Markets and products score
1.9
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

CFD disclaimer

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.8
Research score
4.5
Charting quality

Great

Charting quality

Mid-range

Education score
4.0
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

CAD 1 million

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1999

Foundation date

2016

Country of regulation

Canada

Country of regulation

Cayman Islands, Australia

Questrade

For detailed information and hands-on experience, read our review of this broker.

VT Markets

For detailed information and hands-on experience, read our review of this broker.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Questrade's service is slightly better than VT Markets's and a comparison of their fees shows that Questrade's fees are similar to VT Markets's.

Account opening takes more effort at Questrade compared to VT Markets, deposit and withdrawal processes are more complicated at Questrade, while customer service quality is similar to VT Markets's.

Our experts rated the trading platform of Questrade as somewhat better than the platform of VT Markets, found that clients have access to much more markets and products with Questrade, while VT Markets provides just about the same quality of research and education.

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