★ REVIEW · QTRADE · 4.6/5 · 4,520 REVIEWS

Qtrade Review
The research king.

Founded 1998. Owned by Aviso Wealth (Desjardins-backed). 100+ commission-free ETFs — the largest list in Canada. Best research tools of any Canadian broker. Free trading if you have $25k+ in eligible assets.

★★★★★
4.6/54,520 reviews
★ 6 KEY PRODUCTS ★

What Qtrade offers

Qtrade Direct Investing
RATE / EARN$8.75/trade
NOTEActive Trader $6.95

Standard brokerage. Active Trader tier at 150+ trades/quarter.

Free ETF List
RATE / EARN100+ ETFs · $0
NOTENo commission

Largest free ETF list in Canada. Includes VEQT, XEQT, VFV, more.

Research Tools
RATE / EARNIncluded
NOTE$0 additional

Top-rated research: stock screener, analyst reports, technical indicators.

Account Bonus
RATE / EARNFree w/ $25k
NOTENo annual fee

Free trades and account if you hold $25,000+ in eligible assets.

USD Accounts
RATE / EARN1.50% FX
NOTEBoth CAD + USD

Available across all registered accounts.

Investment Counsel
RATE / EARNTiered service
NOTEAvailable $250k+

For higher net worth — dedicated advisor access.

★ PROS / CONS ★

The honest verdict

✓ WHAT WORKS

  • 100+ commission-free ETFs (largest list in Canada)
  • Best research tools of any Canadian broker
  • Free if $25k+ eligible assets
  • Strong customer service ratings
  • Long history (since 1998)
  • Multiple account types

✗ WHAT DOESN'T

  • $8.75 stock commission (higher than Wealthsimple)
  • $25k assets needed for free trades
  • Less polished mobile UX than newer brokers
  • Smaller brand than Big-6
★ USER REVIEWS ★

What real Canadians say

Aaliyah B.Halifax, NS★★★★★

"Best research tools of any Canadian broker. Stock screener + analyst reports are gold. Free trades above $25k sealed it."

1 month ago
Tariq M.Brampton, ON★★★★★

"Excellent platform but the $25k threshold for free trades is a barrier for newer investors. Once over, it's genuinely the best broker."

2 weeks ago
Chen W.Mississauga, ON★★★★★

"Switched from RBC Direct ($9.95 trades) to Qtrade for the 100+ free ETFs. Have a $45k portfolio so trades are essentially free."

3 weeks ago
YOUR QUESTIONS

Qtrade · straight answers

RELATED ROUTES

Compare to

WEALTHSIMPLE

$0 commission

Better for beginners.

QUESTRADE

Pro alternative

USD accounts + IQ Edge.

RBC DIRECT

Big-6 broker

Free w/ $15k RBC assets.

ETFs

100+ free at Qtrade

VEQT · XEQT · VFV included.