Questrade vs. Schwab.com

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Questrade
Score 2.5 out of 10
N/A
Based in Toronto, Questrade offers solutions for investors with self-directed investing and Questwealth Portfolios, presented as intelligent, lower fee portfolios designed by experts to help the user achieve financial goals.N/A
Schwab.com
Score 8.0 out of 10
N/A
The Charles Schwab Corporation provides a range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC), and its affiliates offer investment services and products. Schwab.com is an online trading platform that helps research, execute, and manage trades.N/A
Pricing
QuestradeSchwab.com
Editions & Modules
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Offerings
Pricing Offerings
QuestradeSchwab.com
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$0-Stocks and ETFs online commission $0-Options online base commission + $0.65 per contract fee $0-Mutual Funds on thousands of funds from Schwab Mutual Fund OneSource
More Pricing Information
Community Pulse
QuestradeSchwab.com
User Ratings
QuestradeSchwab.com
Likelihood to Recommend
1.7
(0 ratings)
-
(0 ratings)
User Testimonials
QuestradeSchwab.com
Likelihood to Recommend
It helps me in managing my Canadian portfolio which includes stock-specific investments and ETFs as well. They charge no commission or very little commission on some specific trade.
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Pros
  • Tracking investments
  • Alerts
  • P & L
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Cons
  • They can reduce the pricing a bit.
  • They Should expand their reach to other geographies as well.
  • For Bond Market minimum cap is on the higher side, can be reduced.
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Alternatives Considered
I have used WealthSimple before, and I can say that Questrade is just a bit more intuitive for me. It's catered for beginners, but also has additional features for those who are a bit more advanced. Questrade is a flexible platform that allows you to create and track various types of portfolios, create and track various types of strategies, etc. By far the superior choice in my opinion.
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Return on Investment
  • In my experience, Questrade has delayed me for months! I feel it's a waste of time
  • I don't know how they deserve such high ratings, maybe they buy marketing and reviewers. In my opinion, don't buy into their sales pitch!!!
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ScreenShots