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E*TRADE vs Questrade : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

E*TRADE

E*TRADE

VS
Questrade

Questrade

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Broker Overview

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

Both ECN and STP broker

ECN

Years of Existence / Established Year

1982

1999

Customer Base / Number of Accounts

5.2 million client accounts

Info not available


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Regulation & Security

Regulations (governing bodies)

FRS, FINRA, SIPC, SEC, NFA, FDIC

CIRO

Awards Won (count for the last 2 years)

Investor App and #1 Web Trading Platform for 2024, Benzinga's 2023 Global Fintech Awards

DALBAR seal of service excellence in 2024 for the 6th consecutive year Canada's #1 rated online broker by MoneySense

Security Measures

SIPC

CIPF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

No

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 50,000 offerings, including US Treasury trades

GICs IPOs

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

No

Bonds

Yes

Yes

Mutual Funds

Yes

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Power Etrade web, Power Etrade app

All-in-One Platforms Questrade Trading Quest MobileAdvanced Trading Platforms Questrade Edge Mobile Questrade Edge Questrade Global

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Brokerage, Retirement, Core portfolio, Managed portfolio, Small business retirement , bank

Tax-Free Savings Account - TFSA Registered Retirement Savings Plan - RRSP First Home Savings Account - FHSA Registered Education Savings Plan - RESP

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$250

Leverage Available

No

NA

Trade Limit (maximum per trade)

Depends on assets class

Varies by instrument

Commission (per account type)

Casual Traders (Basic) Stocks - $4.95 to $9.95 Options - $9.95 + $1 / contract ETFs - Free(sell 1c/share min $4.95 to max $9.95)Options and day traders (Fixed) Stocks - $4.95 to $9.95 Options - $4.95 + $0.75 / contract ETFs - Free (sell for $4.95 per trade)Volume traders (Variable) Stocks - $4.95 to $9.95 (min $0.01 to max $6.95) Options - $6.95 + $0.75 / contract ETFs - Buy for free (sell 1c/share min $4.95 to max $9.95)

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

Beginners to experienced traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Transfer money, Wire transfer, Transfer an account, Deposit a check ,Direct Deposit

Instant deposit (Visa & Interac Debit cards) - CAD only Online banking bill payment - CAD only Pre-authorized deposit - CAD & USD Transfers from other brokers - CAD & USD Wire transfer - CAD & USD Non-certified cheque - CAD & USD Stock certificate

Withdrawal Methods

E-wallets, check, Wire transfer

EFTs (CAD or USD) Wire transfers (CAD or USD)

Other E-Wallets Supported

Electronic transfer

No


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Tools & Educational Resources

Economic Calendar

No

Yes

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

Educational Resources, Tools, Market News and Insights, Tutorials and Webinars

TradingView TipRanks OptionsPlay Multileg options trading


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Fees & Commissions

Trading-Related Fees

Stocks, options, mutual funds, ETFs- $0, Bonds- $1, FINRA trading activity fee- $0.000166

Stocks 1C / share (min $4.95 to max $9.95) ETFs Buy Free. Sell 1C / share (min $4.95 to max $9.95) Mutual funds - $9.95 per trade International equities - 1% of trade value Precious metals - $19.95 / trade Notes & debentures - $0.10 per $1,000 par value FX & CFDs - pips as low as 0.08

Spread (typical, fixed, variable)

NA

Fixed

Per Lot Fees

NA

$1 per contract for options

Options Contract Fees

$0.65

$9.95 + $1 / contract

Futures Contract Fees

$1.50

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

NA


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

0.30%

$0

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2

estatement - free Copy of statement - $20 Unclaimed property - $29.95 per quarter Regular mail - $10

Account Opening Fee

NA

$0

Account Maintenance Fee

$15/ month

Portfolio fees 0.25% with a balance of $1000 - $99,999 0.20% with a balance of $100,000+

Deposit Fee

$0

CAD EFT upto $50,000 - free USD EFT upto $25,000 - free CAD Wire transfer - $20 USD wire transfer - $30 International wire transfer - $40

Currency Conversion Fee

Direct trade-$0.005 per share, Broker assisted trader- $25

1.50%

Withdrawal Fee

Check return - $25, Electronic return -$25

EFTs - Free Wire transfer - $20 CAD for CAD wire $30 USD for USD wire $40 USD/CAD for international wires


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Sunday 5 p.m. CT to Friday 4 p.m. CT

North Americal Stock Markets 9:30am to 4pm ET Pre-market hours - 7am to 9:30am Post-market hours - 4pm to 8pm


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Customer Support

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

8 AM - 8 PM ET on weekdays

24x5

Customer Support Methods (phone, email, live chat)

Live chat, FAQ, Phone- 800-387-2331, 800-838-0908, Beneficiary Services: [email protected] General inquiries: [email protected]

Toll-free Canada - 1.866.980.9590 From US - 1.416.227.6911FX & CFDs Chat hours: Monday - Thursday 8:3-am to 8pm EST, Friday 8:30am to 5:30pm EST Ph: 416.227.6913 Toll-free Canada - 1.866.980.9591

Support Languages

1

2


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Additional Information

Headquarters Location

Arlington, Virginia, United States Buyenlarge, Getty

Toronto, Ontario Canada

Complaints (for crypto brokers)

No

No


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 E*TRADE and Questrade offer affordable fee structures, but E*TRADE generally edges out with no inactivity fees and lower commissions on standard trades, whereas Questrade shines with bundled research and platform access.
The account creation flow at E*TRADE is modern and app-driven, making it seamless for new users. Questrade , however, leans toward traditional processes with forms and verifications that take more time.
If you're trading on-the-go, E*TRADE mobile platform is fluid and intuitive. Questrade desktop and web apps are more robust, making them suitable for in-depth trading sessions.
Advanced users will enjoy E*TRADE capabilities, but Questrade remains a favorite for its streamlined and beginner-centric approach.