Questrade vs Virtual Brokers

Published 27th September 2021

Questrade
Virtual Brokers
 
Description
A digital, low-cost alternative that gives Canadian investors a better choice in growing their money.Virtual Brokers provides trading solutions for every type of investor.
Basics
Account Funding Options
Bank transfer, Bills payment, Interac online, Non-certified cheque, Pre-authorized deposit, Stock certificate, Visa and Interac Debit cards, Wire transferCredit cards, Netseller, PayPal, Skrill
Advisory Services
NoNo
Apps
Android, iOSAndroid, iOS
Company Founded
19992009
Company Headquarters
Toronto, CanadaToronto, Canada
Minimum Age
18 years18 years
Minimum Deposit
$0.00$1,000.00
Minimum Trade
$00
Regulator
CIPF, IIROCCIPF, IIROC
Signup Bonus Gift
NoneNone
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
YesNo
Paper Trading
YesYes
Penny Stock Trading
YesNo
Social Trading
NoNo
Stock Trading
YesYes
Tradable Assets
Bonds, CFDs, ETFs, FOREX, Metals, Mutual Funds, Options, StocksETFs, Fixed-income securities, Mutual Funds, Options, Stocks
Tradable Markets
TSX + 14 global markets including Hong Kong, London and Australian marketsTSX
Fees
Broker Assisted Trades Fee
N/A$50.00
Brokerage Fee
$0.01$1.99
Domestic Wire Transfer Fee
$20.00$50.00
ETF Trade Fee
$4.95$0.00
Funds Withdrawal Fee (Partial)
$25.00$50.00
Funds Withdrawal Fee (Full)
$150.00$150.00
International Wire Transfer Fee
$50.00$100.00
Mutual Fund Trade Fee
$9.95$0.00
Options (Base Fee)
$9.95$7.99
Options (Per Contract Fee)
$1.00$1.25
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
$20.00$5.00
Returned Wire Fee
$30.00$50.00
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
$300.00$200.00
Stock Trade Fee
$4.95$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