Back in 2008 when I started writing about Canadian online brokers, the Qtrade vs Questrade battle was already a major talking point amongst DIY investors. Fifteen years later, the only thing that has changed is that these two independent online brokers have extended their lead over Canada’s big bank brokerages.
In 2023 I can say that I have been using Questrade for nearly two decades, and Qtrade for the past few years. We have several writers on staff with accounts at both brokerages, and their personal experience is also incorporated into our Qtrade vs Questrade comparison.
What this head-to-head brokerage battle for the hearts and wallets of Canadian investors comes down to for us is:
1) Qtrade is consistently ranked higher via third party media sources such as The Globe and Mail, Surviscor, and Moneysense.
2) Qtrade simply has the best customer service in Canada right…