Questrade vs TD Ameritrade
Questrade | TD Ameritrade |
---|---|
![]()
3
|
![]()
4
TD Ameritrade is #38 in our broker rankings. |
![]() |
![]() |
Questrade is an award-winning Canadian investment platform offering self-directed and pre-built portfolios. Investors can access a suite of tax-free savings accounts, retirement plans, income funds and more. Regulated by CIRO, Questrade is an established broker, trusted by new and experienced investors. |
TD Ameritrade is a leading discount brokerage offering a vast range of instruments including forex, stocks, futures, options and crypto. The company has nearly 40 years of experience and authorization from the SEC, FINRA and CFTC. Trading takes place via its well-known thinkorswim platform, which offers sophisticated tools and features including stock screeners and calculators. |
Bonus Offer | |
5 commission-free trades | |
Comment by Reviewer | |
"Questrade is a top pick for Canadian clients with both long-term and short-term investment goals. The firm boasts competitive fees and a range of tax-efficient savings accounts." | "Traders who want access to a huge range of stocks from a reputable broker with low fees should consider TD Ameritrade. On the downside, we miss access to the familiar MetaTrader 4 software." |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
Forex, CFDs, indices, shares, precious metals, mutual bonds, options, warrants, GICs, ETFs | Stocks, Futures, E-minis, Options, Forex, Crypto, ETFs, Volatility Index |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$1000 | $0 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.01 Lots | $0 |
Regulator | |
CIRO | SEC, FINRA, CFTC |
Margin Trading | |
No | Yes |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | Yes |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
Yes | iOS & Android |
Auto Trading | |
Yes - Auto trading available via bots | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | Yes |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | No |
Account Currencies | |
|
|
Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade a good range of CFDs on commodities, indices and more. Questrade offers advanced mobile and web trading platforms with top research features including Morningstar and Trading Central. | CFD trading not offered |
Leverage | |
1:3.33 | |
FTSE Spread | |
N/A | |
GBPUSD Spread | |
2 | |
Oil Spread | |
0.05 | |
Stocks Spread | |
1 cent per share | |
Forex Trading | |
Access over 110 FX pairs with spreads from 0.8 pips and no inactivity fees. Seasoned traders can also unlock advanced market data packages with fee rebates and competitive pricing. | Trade 70+ forex pairs including majors, minors or exotics via the desktop, mobile or webtrader app with no commission and 1:2 leverage. The choice of currencies is wider than most forex brokers. |
Forex App | |
TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks. |
|
GBPUSD Spread | |
2 | Variable |
EURUSD Spread | |
1.9 | Variable |
EURGBP Spread | |
2.1 | Variable |
Assets | |
110+ | 75+ |
Cryptocurrency | |
Crypto trading not offered | Gain exposure to cryptocurrency markets through OTC crypto trusts, mutual funds and ETFs and Bitcoin futures. This offers portfolio diversification opportunities and trading vehicles beyond standard crypto CFDs. |
Spread | |
Commission fees apply | |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
![]() |
![]() |
More Comparisons | |
Questrade vs |
TD Ameritrade vs |