Qtrade Direct Investing vs Interactive Brokers

Updated 25th March 2022

Qtrade Direct Investing™

On Qtrade Direct Investing™'s website

Interactive Brokers
Description
Buy and sell stocks, bonds, ETFs and mutual funds – with low trading fees.Advanced trading platform for experienced traders. Access to global markets.
Basics
Account Funding Options
Bill payment, Cheque, Electronic funds transfer, Transfer accountBank transfer, BPAY
Advisory Services
NoYes
Apps
Android, iOSAndroid, iOS
Company Founded
19991978
Company Headquarters
Vancouver, CanadaNew York, USA
Minimum Age
18 years18 years
Minimum Deposit
$0.00$100.00
Minimum Trade
$0No minimum trade required
Regulator
IIROCASIC, FCA, CFTC, FINRA, SEC
Signup Bonus Gift
Almost $500 in commission-free trades. Offer ends on August 31st, 2022. Use the Promo Code 50TRADESFREE to avail of the offer. Conditions applyNone
Trading
Copy Trading
NoNo
Crypto Trading
NoYes
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoYes
Fractional Share Trading
NoYes
Futures Trading
NoYes
International Markets Trading
YesYes
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
YesYes
Options Trading
YesYes
OTCBB / Pink Sheets
NoYes
Paper Trading
NoYes
Penny Stock Trading
YesYes
Social Trading
NoNo
Stock Trading
YesYes
Tradable Assets
ETFs, Equities, Exchange-traded debentures, Fixed income (Bonds, GICs), Mutual Funds, OptionsBonds, ETFs, Futures, Hedge Funds, Mutual Funds, Options, Shares, Spot currencies, US spot gold
Tradable Markets
N/AASX, KSE, LSE, NASDAQ, NYSE, TSE, XETRA and more
Fees
Broker Assisted Trades Fee
N/A$30.00
Brokerage Fee
$8.75$0.00
Domestic Wire Transfer Fee
$0.00$10.00
ETF Trade Fee
$8.75$0.00
Funds Withdrawal Fee (Partial)
$50.00$10.00
Funds Withdrawal Fee (Full)
$125.00$10.00
International Wire Transfer Fee
$0.00$10.00
Mutual Fund Trade Fee
$0.00$15.00
Options (Base Fee)
$8.75$0.00
Options (Per Contract Fee)
$1.25$0.65
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
$6.00$25.00
Returned Wire Fee
$40.00N/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
$8.75$0.00
Order types
Order Type (Contingent)
NoYes
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoYes
Order Type (One Triggers and One Cancels The Other)
NoNo
Order Type (Stop)
YesYes
Order Type (Trailing Stop)
YesYes
Customer service
24/7 Support
NoYes
Email Support
YesYes
Live Chat Support
NoYes
Phone Support
YesYes