Qtrade vs Wealthsimple

Qtrade vs Wealthsimple Comparison Table 2022
Qtrade Wealthsimple
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Qtrade offers a selection of investing accounts with $8.75 and $6.95 stocks, mutual fund trades and 100 commission-free ETFs. Wealthsimple offers managed investment portfolios to Canadian residents. Clients can build a trading solution based on their financial goals and risk tolerance. Buy and sell stocks, ETFs, and cryptocurrencies. 2 million+ accounts have already been opened.
Awards
30 industry awards across 15 years Best Financial Services Website - Webby Awards
Top 100 Global Financial Technology Companies - Fintech 100
Instruments
Stocks, ETFs, Bonds, Mutual Funds, Options, GICs Stocks, ETFs, Cryptocurrencies
Demo Account
Yes No
Minimum Deposit
$0 $1
Payment Methods
Minimum Trade
Variable $1
Regulator
IIROC IIROC
Margin Trading
Yes No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
Yes Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes via robo advisor
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Islamic Account
No Yes
Account Currencies
  • USD
  • CAD
  • USD
  • CAD
Stock Exchanges
Cryptocurrency
Crypto trading not offered Buy and sell 50+ crypto tokens including Bitcoin, Ethereum and Dogecoin
Spread
1.5 – 2% operational fee
Coins
  • ZRX
  • 1INCH
  • AAVE
  • APE
  • AMP
  • ANKR
  • AVAX
  • AXS
  • BAL
  • BNT
  • BAND
  • BAT
  • BTC
  • BCH
  • ADA
  • CTSI
  • CELO
  • LINK
  • CHZ
  • CHR
  • COMP
  • ATOM
  • COTI
  • CRV
  • DAI
  • MANA
  • DOGE
  • DYDX
  • ENJ
  • ETH
  • FTM
  • FIL
  • GALA
  • GRT
  • KNC
  • LTC
  • LRC
  • LUNC
  • MKR
  • PAXG
  • DOT
  • MATIC
  • QNT
  • REN
  • SAND
  • SHIB
  • SKL
  • SOL
  • XLM
  • STORJ
  • SUSHI
  • SNX
  • XTZ
  • UMA
  • UNI
  • USDC
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Qtrade vs Wealthsimple vs