BrokAIr Reviews

Qtrade Review

"Qtrade offers the highest fees of any online brokerage, but has one of the best customer satisfaction ratings in the industry - is this the new way to do business?"

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Overview of Qtrade

Qtrade is an online brokerage founded in 2001, and is based in Vancouver, British Columbia. It's a full-service broker, meaning it offers an array of services including stock trading, ETFs, mutual funds, and options. It also offers mobile and online trading tools, self-directed portfolio management, and financial planning services. Qtrade is regulated by the Investment Industry Regulatory Organization of Canada (IIROC) and the British Columbia Securities Commission (BCSC).

Pros of Qtrade

Cons of Qtrade

Public Opinion of Qtrade

Overall, public opinion of Qtrade is generally positive. Customers report that their customer service experience is excellent and that the fees are competitive. They also note that the platform is easy to use and that the variety of services offered is extensive. On the other hand, some customers have complained about the limited product selection and lack of international access.

Newsworthy Events Around Qtrade

In 2020, Qtrade was recognized by Investment Executive as one of Canada’s Top Online Brokerages for the fourth consecutive year. In 2019, it was awarded Best Online Brokerage for Options Trading by Surviscor. In 2018, it was awarded Best Overall Online Brokerage by MoneySense magazine. In 2017, it was awarded Best Self-Directed Brokerage by Investment Executive magazine.