Evaluation of the Qtrade Direct Investing Platform + Special Offer

Updated Apr 2, 2025
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Alexandrine Bertrand
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To the point In this Qtrade Direct Investment review, find out how to invest in the stock market with one of Canada's leading online brokerage platforms. Plus, find out about the special offer running until October 31, 2025.

To invest in the stock market on your own, using company shares or exchange-traded funds (ETFs), you need an online brokerage account. There are several platforms to choose from: the platforms of the major Canadian banks and independent platforms such as Qtrade Investissement Direct.

Whether you are a beginner, intermediate, or expert investor, Qtrade has the tools, features, and support you need to achieve your goals. In this evaluation, we explore the services offered, the types of investments available, the advantages and disadvantages, and more.

What is Qtrade?

Qtrade Investissement Direct (Qtrade) is an online brokerage platform that enables Canadian investors to invest in the stock market independently. It was founded in 2001 and is headquartered in Vancouver, Canada.

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Qtrade offers a trading platform for independent investors and professionally designed, guided portfolios tailored to your financial goals. In this review, we focus primarily on the online brokerage platform, which has consistently ranked #1 among online investment platforms in Canada since its launch.

The Qtrade platform is available on desktop and mobile device, and enables trading in stocks, exchange-traded funds (ETFs), options, bonds, mutual funds, guaranteed investment certificates (GICs), and much more.

Qtrade, a division of the independent wealth management company Aviso Wealth, is a member of the Canadian Investor Protection Fund (CIPF) and regulated by the Investment Industry Regulatory Organization of Canada (IIROC).

Special Offer For New Qtrade Customers

From April 1 to October 31, 2025, Qtrade is offering a special deal for new customers.

By using the promotional code OFFER2025 when opening your account, you can receive a $50 sign-up bonus by depositing at least $1,000 within 60 days of opening. Offer applies to up to 3 new accounts, for a maximum bonus of $150.

To benefit from this offer, you must:

  • Open a Qtrade account via the Milesopedia link: use promotional code OFFER2025 by October 31, 2025
  • Fund your account: deposit at least $1,000 in net new funds within 60 days of account opening.
  • Carry out at least one eligible trade
  • Receive your cash back! It will be deposited directly into your new account, within 61 to 120 days of fulfilling the conditions.
  • Take advantage of a rebate on transfer fees to your new Qtrade account: up to $150 rebate on transfers over $15,000.
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Qtrade Services

As mentioned above, Qtrade offers two main services for Canadian investors:

  • Qtrade Trading Platform
  • Qtrade Guided Portfolios

Qtrade Trading Platform

The Qtrade trading platform is an online brokerage platform for independent investors. It allows you to trade a wide variety of financial products, from stocks to bonds, in several types of Canadian and U.S. dollar accounts.

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Qtrade offers first-rate customer service and educational resources. In addition to offering tools to help you make the most of your investments, such as :

  • Portfolio Score
  • Portfolio Simulator
  • Portfolio Creator
  • Goal Planning

More recently, two new features have been launched on Qtrade Direct Investing :

  • My News: a personalized AI-based news feed for Canadian investors, in partnership with PersonaFin, that makes it easier for you to stay informed about the markets and make better decisions.
  • Options Lab: a tool for beginners and more experienced investors alike to simplify options strategies. After selecting a stock and answering a few questions, you’ll receive options strategies tailored to your objectives and risk tolerance.

Finally, Qtrade offers a trial account so you can discover the platform, features and analysis tools.

Qtrade Guided Portfolios

Qtrade Accompanied Portfolios are professionally designed investment portfolios tailored to your financial goals. It’s an automated service that you don’t need to monitor or manage. In fact, the experts regularly monitor and rebalance your portfolio to ensure that it always meets your needs. If you have any problems, you can always contact a customer service team.

Qtrade Account Types

A wide variety of investment accounts are available at Qtrade: non-registered and registered accounts. To start trading, there is no minimum deposit required. And all major trading accounts are available in Canadian or U.S. dollars.

Trading Accounts

With non-registered accounts, you can trade stocks and ETFs using a cash account, but also invest with leverage using a margin account.

  • Cash (available in individual, joint or group accounts)
  • Margin account

Registered Accounts

With registered accounts, you can grow your investments tax-free.

  • Tax-Free First Home Savings Account (FHSA)
  • Tax-Free Savings Account (TFSA)
  • RRSPs (individual or joint accounts) and RRIFs
  • LIRAs and LIFs
  • Registered Education Savings Plan (RESP)

Investment choices on Qtrade

The Qtrade trading platform provides access to a wide selection of investments:

  • Canadian stocks (TSX, TSXV, CSE and Neo) and U.S. stocks (NYSE and NASDAQ)
  • Canadian and U.S. exchange-traded funds (ETF) (100+ commission-free ETFs)
  • Mutual funds
  • Corporate and government bonds
  • New issues (IPO)
  • Guaranteed Investment Certificates (GICs)
  • Options (buying and selling)
  • Etc.

Fees for Using the Qtrade Trading Platform

Qtrade is not a fee-free trading platform, but it does have some of the lowest fees in Canada. For example, it offers over 100 commission-free ETFs. What’s more, although Qtrade charges an administration fee of $25 per quarter, this is waived if you meet certain conditions.

Trading fees

  • Stocks: $8.75
  • ETF: $8.75 (*100+ commission-free ETF)
  • Mutual funds: $8.75
  • Options: $8.75 (+ $1.00 per contract)

Reduced fees are offered to young investors and “Investor Plus” clients (more than 150 transactions per quarter or over $500,000 in assets).

Administration fees

  • Administration fee: $25 per quarter (*except for FHSA or conditions below)
  • Fees for accounts registered in U.S. dollars: US$15 per quarter (*except for FHSA)

Administration fees are waived if at least one of the following conditions is met:

  • Customer for less than a quarter
  • $25,000 or more in assets
  • 2 or more commission transactions in the previous quarter
  • 8 or more commission transactions in the last 12 months
  • $100 or more in programmed monthly contributions to your account
  • $50 or more in programmed monthly contributions to your account (ages 18 to 30)

Qtrade Customer Support

Qtrade offers quality customer service. In fact, Qtrade ranks first among online brokers when it comes to customer service.

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Pros and Cons of Qtrade

Pros:

  • Quality customer service
  • 100+ commission-free ETFs
  • Wide variety of accounts
  • Trading accounts offered in Canadian or U.S. dollars

Cons:

  • Trading fees for equities and ETFs (except 100+ commission-free ETFs)
  • Administration fees (waived under certain conditions)

How to open a Qtrade investment account?

To open your account, you’ll need government identification, your social insurance number and information about your income and assets.

Then follow these steps:

  • Activate your account using the confirmation code you will receive by e-mail.
  • Select an account type and enter your personal information.
  • Confirm your identity.
  • Sign and submit your electronic application.
  • Wait for your application to be approved.

Bottom Line

In short, Qtrade is one of the best trading platforms in Canada. It enables Canadian investors to invest independently on the stock market in equities and ETFs, in addition to other investment choices. Qtrade is a secure platform, a member of the Canadian Investor Protection Fund(CIPF) and regulated by the Investment Industry Regulatory Organization of Canada(IIROC). Open your Qtrade account today and start investing!

What is the Qtrade brokerage platform?

Qtrade is an online brokerage platform for independent stock market investing. In particular, it offers a trading platform for autonomous investors and professionally designed accompanied portfolios.

Who owns Qtrade?

Qtrade is a division of Aviso Wealth, one of Canada’s largest independent wealth management companies with over $95 billion in assets.

Is Qtrade a secure platform?

Yes, Qtrade is a secure online brokerage platform. It has been in existence for over 20 years and is headquartered in Vancouver, Canada. Qtrade is a member of FCPI and regulated byOCRI.

Is Qtrade available in Canada?

Yes, Qtrade is available in Canada. In fact, Qtrade is recognized as one of the best trading platforms in Canada.

Come to discuss that topic in our Facebook Group!
Vincent Morin
Vincent Morin
Vincent achieved financial independence and retired early (FIRE) at the age of 35. After a career in financial technologies for a large American investment bank, he founded Retraite101, a personal finance site that reaches more than 350,000 unique visitors per year and has more than 30,000 subscribers on social media. Passionate about personal finance, cycling, reading and gardening, he continues to write to inspire and motivate Quebecers to take charge of their finances.
All posts by Vincent Morin

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