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TradeStation vs Questrade : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
TradeStation
Questrade
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
ECN
Years of Existence / Established Year
1982
1999
Customer Base / Number of Accounts
226506+ clients
Info not available
Regulation & Security
Regulations (governing bodies)
CFTC, NFA, FINRA, SEC
CIRO
Awards Won (count for the last 2 years)
Best in Class awards in StockBrockers.com 2023 Online Broker Review, Best Brokerage App at the 2023 Benzinga Global Fintech Awards, TradingView's Best Broker in the AMER Region 2023 Award
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
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
Futures option
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
No
Yes
Mutual Funds
Yes
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
Desktop, Web trading, Mobile app, Futures Plus
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
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual, Retirement, Entity
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 asset class
Varies by instrument
Commission (per account type)
$0
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 and experienced traders
Beginners
Deposit & Withdrawal Options
Deposit Methods
Wire transfer, Check, Electronic transfer
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
Wire transfer, Check, Electronic transfer
EFTs (CAD or USD) Wire transfers (CAD or USD)
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market Insights, Webinars, Online Trading Courses, Strategy Development and Backtesting
TradingView TipRanks OptionsPlay Multileg options trading
Fees & Commissions
Trading-Related Fees
Commission- Stocks and ETFs- $0, Stock options- $0 Commission + $0.60 per contract, Future options- $0 Commission + $0.60 per contract, Micro futures- $0 Commission + $0.50 per contract, per side, Futures- $0 Commission + $1.50 per contract, per side
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)
Variable
Fixed
Per Lot Fees
NA
$1 per contract for options
Options Contract Fees
$0 Commission + $0.60 per contract
$9.95 + $1 / contract
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
No
NA
Non-Trading Fees
Dormant Fees
$10 per month
$0
Subscription Fees (for premium features, data feeds)
TradeStation platform - $149.95 / month, Without Brokerage Account- $99.99 / month $199.99 for professionals, folio-level strategy back-testing tool - $59.95 / month
$0
Advisory Fees
$25
$0
Swap Fees (Overnight Financing)
NA
Yes
Statement or Document Fee
$1 per page
estatement - free Copy of statement - $20 Unclaimed property - $29.95 per quarter Regular mail - $10
Account Opening Fee
$0
$0
Account Maintenance Fee
$35 per year
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
Starts from $0.35
1.50%
Withdrawal Fee
Wire transfer- $25- $35
EFTs - Free Wire transfer - $20 CAD for CAD wire $30 USD for USD wire $40 USD/CAD for international wires
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
Trading Hours
Trading Hours (for each asset class if applicable)
9:30 am ET to 4:00 pm ET
North Americal Stock Markets 9:30am to 4pm ET Pre-market hours - 7am to 9:30am Post-market hours - 4pm to 8pm
Customer Support
Support Hours (e.g., 24/7, weekdays only)
8:00 a.m. - 5:00 p.m. ET
24x5
Customer Support Methods (phone, email, live chat)
Phone: 800.822.0512, Live chat, E-mail: [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
Additional Information
Headquarters Location
8050 SW 10th Street, Suite 2000. Plantation, FL 33324
Toronto, Ontario Canada
Complaints (for crypto brokers)
No
No
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