Wealthsimple vs Questrade. Tangerine vs Simplii. Broker vs Bank. We ran the math on the 11 most-searched matchups in Canadian finance and called the winners by use case. No fence-sitting.
Beginners: WS · Active traders: QT
→Tangerine for savings · Simplii for HISA
→KOHO for credit build · Neo for cashback
→EQ for HISA · WS for cashback
→Broker wins for most Canadians
→Amex for foodies · Scotia for grocery
→TD WebBroker wins overall
→Nesto for ease · TN for rate hunt
→Research: Qtrade · Tools: QT
→Free: WS · Full-service: Qtrade
→World only if you travel
→Fees, rates, and tiers from official 2026 product pages. Updated when they change.
No "it depends." Each page picks a winner per user type — beginner, active trader, snowbird, etc.
FX spreads, inactivity fees, transfer-out costs. The stuff brokers don't advertise.
If we earn commission on a winner, we say so up front. Doesn't change the math.