TradeHawk vs Qtrade

TradeHawk vs Qtrade Comparison Table 2023
TradeHawk Qtrade
Not Yet Rated

TradeHawk is #37 in our broker rankings.

3.6
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

TradeHawk offers low-cost stock and options trading via Tradier.

Qtrade is an award-winning Canadian financial services firm that offers a selection of investing accounts with $8.75 and $6.95 stocks, mutual fund trades and 100+ commission-free ETFs. This is a long-running brand that is well regarded in Canada, where many investors choose it to build their savings account or pension pot. QTrade is also highly trusted and authorized by the Canadian Investment Regulatory Organization (CIRO).

Bonus Offer
$50 Sign up, and $2000 Cashback offer
Comment by Reviewer
"Qtrade is a good match for Canadian traders who are looking for a reputable and regulated broker to make longer-term investments as well as leveraged trades."
Pros
  • One of the best investment platforms on offer in Canada
  • Easy to use and award winning platform and customer experience
  • Good range of US and Canadian stocks as well as funds, ETFs and other assets
  • Offers a range of accounts to suit standard investments or various types of pension
  • Simple investor/member login process
  • Trailing stop loss risk management tool
  • 100+ commission-free ETFs
  • No deposit or withdrawal fees
Cons
  • Transfer out fee
  • CAD to USD exchange charge
  • Commissions of $8.75 per equity can stack up
  • Limited funding options and no credit/debit card deposits
  • Only available to residents of Canada. So if you are residents of Dubai, the UK or Lebanon, you will not be eligible
Awards
  • 30 industry awards across 15 years
Instruments
Stocks, Options, ETFs Stocks, ETFs, Bonds, Mutual Funds, Options, GICs
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Trading Platforms
  • TradingView
  • TradingCentral
Payment Methods
Minimum Trade
$0 Variable
Regulator
SEC, FINRA CIRO
Margin Trading
Yes Yes
Margin Rate
5.25%
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
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • CAD
Stock Exchanges
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