Account (CA)
How to join Qtrade investing?
Qtrade features the best trading online platform in Canada. It is a self-directed investment account with reasonable costs and fees. Learn how to join it!
by Aline Augusto
Opening an account at Qtrade investing
If you search for a robust and resourceful platform to manage your investments with confidence, you have just found one, the Qtrade investing!
Qtrade makes it easy by providing tools and calculators for you to build and evaluate your portfolio better and smarter.
Plus, it doesn’t charge trading fees for select ETFs and mutual funds.
Check out how to open an account through their website and app!
Open account online
First of all, keep in mind that you need to provide some information, as follows: government-issued ID; social insurance number; Investment e-Statements; income, assets, and net worth information.
Then, access the Qtrade website at https://www.qtrade.ca/. Create a login and wait for an email with a four-digit confirmation code. You will activate your account with this code.
After that, select an account type, fill in your personal information, and verify your identity.
Later, fund your account, e-sign, and submit the application form.
You will be redirected to another website
Join using the app
After getting the approval by email, download the mobile app and fill in the account information required. Then, you are good to go!
Qtrade investing vs. Wealthsimple Trade?
On one side, Qtrade features the best online trading platform in Canada, but it charges some fees.
On the other side, Wealthsimple Trade is a low-cost platform, but it doesn’t offer educational tools.
See the comparison below!
| Qtrade | Wealthsimple Trade | |
| Trading fees | Commission-free for mutual funds and select ETFs; Prices vary from $6.95 to $8.75 for Equities and other ETFs, plus $1.25 per contract for Options (depending on the pricing plan); $1 per $1,000 face value for fixed income and Exchange-traded debentures; And $7.75 for stocks and EFTs for investors aged 18 to 30 | $0 for stocks, ETFs |
| Account minimum | $0 for investors aged 18 to 30 | $0 |
| Promotion | None | 1 free stock Bonus of up to $25 when investing $100 |
| Investment choices | Mutual funds, ETFs, fixed income and Exchange-traded debentures | Stocks, ETFs and some cryptocurrency |
How to join the Wealthsimple Trade?
Wealthsimple Trade is a self-directed investment account that mixes the right tools with low costs, so you can invest with confidence. Learn how to open an account!
Aline Augusto
Aline Barbosa
Senior Editor
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