Robinhood vs Qtrade : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Robinhood

Qtrade

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP

ECN broker

Years of Existence / Established Year

2013

2000

Customer Base / Number of Accounts

24.2 M

1Million

Regulation & Security

Regulations (governing bodies)

FINRA,SIPC, SEC

IIROC, CIRO

Awards Won (count for the last 2 years)

Future Trends Corporates Award -2024, Future Trends Leader Award- 2024

No major awards listed

Security Measures

SIPC, FDIC

CIPF

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5000+ trading instruments

100+ commission-free ETFs, GIC, Exchange-traded debentures, Fixed income

Currency Pairs

Commodities

Indices

Cryptocurrencies

Yes

CFDs

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Copy Trading

Other Trading Platforms (proprietary, etc.)

Mobile, web trading, Desktop trading

Qtrade trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Margin, IRA, and cash account

Cash- Individual, Society, Joint, Religious organization, Trust, Investment club, Estates Company, Registered accounts- FHSA, TFSA, RRSP, LIRA/ LRSP, RESP, RIF, LIF

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

Leverage Available

2:1

Trade Limit (maximum per trade)

Depends on assets class

$500,000

Commission (per account type)

Best Suited For (e.g., beginners, experienced traders)

Beginners

Long term investor and self-directed investment options

Deposit & Withdrawal Options

Deposit Methods

ACH, Instant bank transfer, Debit card, Wire transfer

Electronic fund transfer,bank transfer, e-transfer services, Bill payment

Withdrawal Methods

Instant bank transfer, Debit card, Standard bank transfer

Bank transfer

Other E-Wallets Supported

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learning Tutorials, Webinars, Market news and insights, Support and community

Education- New to investing, Experienced with investing, Weekly Market Pulse

Fees & Commissions

Trading-Related Fees

Exchange and regulatory fees: $55 per trade, with a maximum of $0.02, Margin fees: 5.75%

Equities- $6.95- $8.75, Options- $8.75 + $1.25 per contract/ $6.95 + $1.25 per contract, ETFs- $0, Mutual fund- $8.75/ $6.95, ETFs - Others- $8.75/ $6.95, Fixed income and Exchange-traded debentures- $1 per $1,000 face value/ $1 per $1,000 face value, DAP accounts - $10 per trade, $7.75 - commissions for stock, mutual fund and ETF trades

Spread (typical, fixed, variable)

Per Lot Fees

Options Contract Fees

$0.01

$8.75 + $1.25 per contract/ $6.95 + $1.25 per contract

Futures Contract Fees

Markup Fees on Spread

0.50%

Guaranteed Stop Loss Fees

Maximum Leverage

2:1

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

$5 per month

Advisory Fees

Swap Fees (Overnight Financing)

$45 / security

Statement or Document Fee

$2 per month

$2.50 / trade Paper account statements $6 / quarter

Account Opening Fee

$100 setup + $50 / year after first year

Account Maintenance Fee

$25/ quarter

Deposit Fee

Currency Conversion Fee

0.03%

$100 / transaction

Withdrawal Fee

Withdrawal : 1.75%, Bank transfers- 0, Outgoing wire transfer $25 Domestic overnight check delivery $20, ACATS, Outgoing $100

Account transfer out $150

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

8 PM ET Sunday until 8 PM ET Friday

Pre-market trading: Available online and by phone from 8:30-9:29 AM ET, After-hours trading: Available online and by phone from 4-5 PM ET

Customer Support

Support Hours (e.g., 24/7, weekdays only)

7 AM - 9 PM ET

Monday to Friday 8:30 am to 8:00 pm ET

Customer Support Methods (phone, email, live chat)

App chat 24/7 , Phone- 650-761-7789, Robinhood Crypto- 888-275-8523

E-mail: [email protected], 1.877. 787.2330

Support Languages

Additional Information

Headquarters Location

Menlo Park, California , U.S.

Canada

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

Both Robinhood and Qtrade offer affordable fee structures, but Robinhood generally edges out with no inactivity fees and lower commissions on standard trades, whereas Qtrade shines with bundled research and platform access.

Robinhood offers a quick and paperless account setup that appeals to traders on the go, whereas Qtrade more involved onboarding process adds an extra layer of safety and regulatory checks.

If you're trading on-the-go, Robinhood mobile platform is fluid and intuitive. Qtrade desktop and web apps are more robust, making them suitable for in-depth trading sessions.

Robinhood delivers a robust ecosystem for seasoned traders, whereas Qtrade focuses on ease of access and modern usability.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare Robinhood and XTB

Compare Robinhood and easyMarkets

Compare Robinhood and Freetrade

Compare Qtrade and Fineco Bank

Compare Qtrade and Interactive Brokerss

Compare Qtrade and Vanguard

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare