Qtrade Direct Investing vs Scotia iTrade

Updated 4 Aug 2022

Qtrade Direct Investing™

On website

Scotia iTrade
Description
Buy and sell stocks, bonds, ETFs and mutual funds – with low trading fees.Advanced tools and in-depth research to help your investments grow.
Basics
Account Funding Options
Bill payment, Cheque, Electronic funds transfer, Transfer accountBank transfer, Electronic funds transfer, Transfer authorization request
Advisory Services
NoNo
Apps
Android, iOSAndroid, iOS
Company Founded
19991996
Company Headquarters
Vancouver, CanadaToronto, Canada
Minimum Age
18 years18 years
Minimum Deposit
$0.00$0.00
Minimum Trade
$0$0
Regulator
IIROCIIROC
Signup Bonus Gift
Get $50 upon opening and funding a new account, up to $150 for 3 accounts. T&Cs apply.None
Trading
Copy Trading
NoNo
Crypto Trading
NoNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoNo
Fractional Share Trading
NoNo
Futures Trading
NoNo
International Markets Trading
YesYes
MetaTrader 4 Trading
NoNo
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
YesYes
Options Trading
YesYes
OTCBB / Pink Sheets
NoNo
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, Equities, ETFs, GICs, New Issues, Mutual Funds, Options
Tradable Markets
N/ANASDAQ, NYSE, TSX
Fees
Broker Assisted Trades Fee
N/A$65.00
Brokerage Fee
$8.75$4.99
Domestic Wire Transfer Fee
$0.00$25.00
ETF Trade Fee
$8.75$0.00
Funds Withdrawal Fee (Partial)
$50.00$150.00
Funds Withdrawal Fee (Full)
$125.00$150.00
International Wire Transfer Fee
$0.00$25.00
Mutual Fund Trade Fee
$0.00$0.00
Options (Base Fee)
$8.75$4.99
Options (Per Contract Fee)
$1.25$1.25
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
$6.00$3.00
Returned Wire Fee
$40.00$25.00
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/A$100.00
Stock Trade Fee
$8.75N/A
Order types
Order Type (Contingent)
NoNo
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoNo
Order Type (One Triggers and One Cancels The Other)
NoNo
Order Type (Stop)
YesNo
Order Type (Trailing Stop)
YesNo
Customer service
24/7 Support
NoNo
Email Support
YesYes
Live Chat Support
NoNo
Phone Support
YesNo