Virtual Brokers vs Qtrade Comparison: 2024

About Virtual Brokers

About Virtual Brokers

Virtual Brokers is a Canadian Self-Directing Trading platform that offers many features to Canadian as well as Non-Canadian users. It was formed in 2009 and is a subsidiary of CI Investment Services, which is owned by CI Financial.

The platform caters to traders who prefer to perform high-frequency trades, at the same time allowing investors to invest in Stocks, Mutual Funds, Exchange Traded Funds, Bonds, etc at a low cost.

Virtual Brokers is the favorite solution for professional traders because of the wide range of trading products that it provides. Some of the most commonly used Desktop platforms are TraderLite, RealTick EMS, PowerTrader Pro, etc. We will look into them in a moment. Virtual brokers do not require any minimum balance, whereas brokers outside Canada have a minimum account Maintenance of $25,000 CAD. Being an international broker, you can trade in all the major North American markets. The platform is

About Qtrade

About Qtrade

Founded in 2000, Qtrade is a Canada based broker offering you stocks, Mutual Funds, IPOs, ETFs, Bonds, GICs, and Options.

The online stock broker mainly focuses on beginners and thus offers a basic, simple platform with quick signups and user-friendly interface. Its low commissions and great customer service is commendable.

Qtrade is regulated by top tier regulatory bodies like IIROC (Industry Regulatory Organization of Canada) which builds trust among the users.

Qtrade Features

• Qtrade offers a wide selection of investment options from stocks, Mutual Funds, IPOs, ETFs, Bonds, and Options to GICs. • It offers 100 free ETFs. • Qtrade offers low and competitive trading commissions. It charges $8.75 per trade, regardless of traded value or your account value. • For active traders, it reduces the commission to just $6.95 per trade. • To fulfil your research requirements, it provides you real-time quotes, customized reports, watchlists, stock-screening tools, market news, and portfolio analysis. •