Choose the best online trading platform with these key factors.
If you want to manage your own investments, how do you choose the best online broker?
We recommend that you consider six factors:
Take control of your financial future with Qtrade
Choose Qtrade when you want a $0 commission structure combined with a premium, full-featured platform and competitive margin and FX rates, rather than sacrificing tools for price.
Best in class
Finding the best online brokerages based on these criteria can be a bit of a chore. Fortunately, there are good third-party evaluations to turn to, including annual rankings of online brokerages from The Globe and Mail, Surviscor and MoneySense.
On platform quality, Surviscor currently ranks Qtrade Direct Investing #1 among Canadian online brokerages for desktop experience, with a score of 86.7 out of 100, ahead of all major bank-owned and independent brokerages.
Frequently asked questions
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Yes. As of October 2025, Qtrade Direct Investing charges $0 commission on trades of equities, ETFs and mutual funds for all new and existing clients. Quarterly administration fees have also been eliminated. This applies across all Canadian dollar account types, including TFSAs, RRSPs, FHSAs and non-registered accounts.
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Qtrade Direct Investing has no minimum deposit requirement, so you can open an account and start investing with any amount. You simply need a government-issued ID, your Social Insurance Number (SIN) and basic financial details to complete the online application, which typically takes one to three business days to process.
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Qtrade offers $0 commission trading on stocks, mutual funds and ETFs, alongside a robust platform so you don’t need to sacrifice performance for cost.
- Platform depth and tools: Qtrade offers a wide range of professional-grade research tools, including portfolio analytics powered by Wealthscope, a Portfolio Creator, stock and ETF screeners, Morningstar analyst reports and real-time quotes.
- Account types: Qtrade supports a broad range of registered and non-registered accounts, including cash, margin, TFSAs, RRSPs, RRIFs, LIRAs, LIFs, RESPs and FHSAs.
- Customer service: Qtrade offers phone, email, live chat and chatbot support with a goal of answering 80% of calls within two minutes.
- Managed investing: Qtrade also offers Qtrade Guided Portfolios for investors who prefer a hands-off, automated approach
- Competitive rates: Qtrade margin and FX rates are some of the best in the industry, providing exceptional value for self-directed investors.
Choose Qtrade when you want a $0 commission structure paired with a full-featured platform, strong research tools and award-winning customer service.
Qtrade Guided Portfolios is a division of Aviso Financial Inc.