Qtrade Direct Investing vs Virtual Brokers

Updated 25th March 2022

Qtrade Direct Investing™

On Qtrade Direct Investing™'s website

Virtual Brokers
 
Description
Buy and sell stocks, bonds, ETFs and mutual funds – with low trading fees.Virtual Brokers provides trading solutions for every type of investor.
Basics
Account Funding Options
Bill payment, Cheque, Electronic funds transfer, Transfer accountCredit cards, Netseller, PayPal, Skrill
Advisory Services
NoNo
Apps
Android, iOSAndroid, iOS
Company Founded
19992009
Company Headquarters
Vancouver, CanadaToronto, Canada
Minimum Age
18 years18 years
Minimum Deposit
$0.00$1,000.00
Minimum Trade
$00
Regulator
IIROCCIPF, IIROC
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
NoNo
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoNo
Fractional Share Trading
NoNo
Futures Trading
NoYes
International Markets Trading
YesNo
MetaTrader 4 Trading
NoYes
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
YesYes
Options Trading
YesYes
OTCBB / Pink Sheets
NoNo
Paper Trading
NoYes
Penny Stock Trading
YesNo
Social Trading
NoNo
Stock Trading
YesYes
Tradable Assets
ETFs, Equities, Exchange-traded debentures, Fixed income, Mutual Funds, Options,ETFs, Fixed-income securities, Mutual Funds, Options, Stocks
Tradable Markets
N/ATSX
Fees
Broker Assisted Trades Fee
N/A$50.00
Brokerage Fee
$8.75$1.99
Domestic Wire Transfer Fee
$0.00$50.00
ETF Trade Fee
$8.75$0.00
Funds Withdrawal Fee (Partial)
$50.00$50.00
Funds Withdrawal Fee (Full)
$125.00$150.00
International Wire Transfer Fee
$0.00$100.00
Mutual Fund Trade Fee
$0.00$0.00
Options (Base Fee)
$8.75$7.99
Options (Per Contract Fee)
$1.25$1.25
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
$6.00$5.00
Returned Wire Fee
$40.00$50.00
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/A$200.00
Stock Trade Fee
$8.75$1.99
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)
YesYes
Order Type (Trailing Stop)
YesNo
Customer service
24/7 Support
NoNo
Email Support
YesYes
Live Chat Support
NoNo
Phone Support
YesYes