Broker comparison

E*TRADE vs.
Questrade

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

E*TRADE has a higher rating of 4.3/5 compared to Questrade (4.2/5). Questrade offers 7 instrument types, while E*TRADE offers 6. The minimum deposit is lower at E*TRADE with 0 $. Oversight: E*TRADE: SEC/FINRA; Questrade: IIROC. E*TRADE: Yes, comprehensive options trading with Power E*TRADE. Questrade: Yes, Canadian and US options.

Established US broker by Morgan Stanley with strong options platform

Canada's leading independent online broker with low fees

At a glance

The key differences

Criterion
PlatformsE*TRADE Web, Power E*TRADE, E*TRADE AppQuestrade Web, Questrade App, IQ Edge
Product typesStocks, ETFs, Options, Bonds, Mutual Funds, FuturesStocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs
Options tradingYes, comprehensive options trading with Power E*TRADEYes, Canadian and US options
Fee model$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract
Minimum deposit0 $1.000 CAD
RegulationSEC/FINRAIIROC
More informationDetailsDetails

Platforms

E*TRADE

E*TRADE Web, Power E*TRADE, E*TRADE App

Questrade

Questrade Web, Questrade App, IQ Edge

Product types

E*TRADE

Stocks, ETFs, Options, Bonds, Mutual Funds, Futures

Questrade

Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs

Options trading

E*TRADE

Yes, comprehensive options trading with Power E*TRADE

Questrade

Yes, Canadian and US options

Fee model

E*TRADE

$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)

Questrade

Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract

Minimum deposit

E*TRADE

0 $

Questrade

1.000 CAD

Regulation

E*TRADE

SEC/FINRA

Questrade

IIROC

More information

E*TRADE

Details

Questrade

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)

Published fee
$0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades)
Minimum deposit
0 $
See terms at provider

Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract

Published fee
Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract
Minimum deposit
1.000 CAD
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at E*TRADE and Questrade, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioE*TRADEQuestrade
ETF savings plan, ≈ €200 a monthUS$0$0 online ETF commission (≈ $230 buy); $0 × 1CA$0$0 commission on Canadian/US-listed ETFs (online); $0 × 1
10 stock buys of ≈ €1,000 a monthUS$0$0 online US stock commission × 10 ordersCA$0$0 commission on Canadian/US-listed stocks (online); $0 × 10
10 US option contracts a monthUS$6.50$0.65 per contract × 10 ($0.50 with 30+ trades per quarter)CA$0US equity options: zero commission, no contract fee; 0 × 10
One BTC purchase of ≈ €1,000US$5.750.50% commission on notional × $1,150 (via Zero Hash)—No crypto spot buy found on the official pricing page
Custody and account fee per yearUS$0No maintenance fee on standard brokerage accountCA$0No annual account fees, no inactivity fees

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: us.etrade.com · us.etrade.com · questrade.com · questrade.com

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsOptionsBondsMutual FundsFutures
StocksETFsOptionsBondsMutual FundsForexCFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

E*TRADE Web · Power E*TRADE · E*TRADE App

E*TRADE offers three trading platforms: E*TRADE Web, Power E*TRADE, and the E*TRADE App. The web platform provides standard trading functions with research and educational resources. Power E*TRADE is the flagship, offering one of the best options platforms on the market with visual options chains, strategy builders, and real-time risk analysis. The mobile app combines elements of both platforms and enables trading of stocks, options, and futures on the go.

Explore platform

Questrade Web · Questrade App · IQ Edge

Questrade offers three trading platforms: Questrade Web, the Questrade App, and IQ Edge. The web platform provides standard trading functions with order placement and portfolio overview. IQ Edge is the desktop platform for active traders with advanced charting tools, real-time streaming, Level 2 data, and customizable watchlists. The mobile app enables trading and account management on the go. IQ Edge is particularly designed for options traders and active traders.

Explore platform

Regulation & security

E*TRADE

Morgan Stanley Smith Barney LLC (securities); E*TRADE Futures LLC (futures); crypto via Zero Hash LLC

Supervisor
SEC / FINRA, NFA (futures)
Investor compensation
SIPC member: up to $500,000 per customer (max. $250,000 cash) if the broker fails; no cover for market losses
Cash
Cash in brokerage: SIPC up to $250,000; crypto held at Zero Hash not SIPC or FDIC protected

Questrade

Questrade, Inc.

Supervisor
CIRO
Investor compensation
Questrade, Inc. is a CIPF member: up to CAD 1M per account category if the dealer becomes insolvent
Cash
Cash in the account is covered by CIPF (up to CAD 1M per account category, combined with securities)

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

Established US broker by Morgan Stanley with strong options platform

  • Power E*TRADE – excellent options platform
  • Commission-free stock and ETF trading
  • Part of Morgan Stanley – high security
  • Only available for US customers
  • International markets not available

Canada's leading independent online broker with low fees

  • Free ETF purchases
  • Canada's leading independent broker
  • Options trading on US and Canadian markets
  • Only available for Canadian customers
  • Stock trading fees not the lowest

Find the broker that fits

E*TRADE oder Questrade?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

E*TRADE4.3
  • Power E*TRADE – excellent options platform
  • Commission-free stock and ETF trading
  • Part of Morgan Stanley – high security
Questrade4.2
  • Free ETF purchases
  • Canada's leading independent broker
  • Options trading on US and Canadian markets
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

E*TRADE and Questrade do not earn the same way

The table shows what they cost. These lessons show how they earn, which is what the difference is made of.

Who is on the other side?

Whether your order leaves the building or stops at the desk

Open the lesson →

The fill you actually get

Why the price on screen and the price you get are not the same

Open the lesson →

When trading looks free

Where the cost sits when no commission is shown

Open the lesson →

Your questions

Frequently asked questions

How do fees differ between E*TRADE and Questrade?
E*TRADE: $0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades). Questrade: Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: E*TRADE or Questrade?
E*TRADE offers Stocks, ETFs, Options, Bonds, Mutual Funds, Futures. Questrade offers Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs.
How are E*TRADE and Questrade regulated?
The broker profiles list SEC/FINRA for E*TRADE and IIROC for Questrade. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is E*TRADE or Questrade better for beginners?
E*TRADE lists a 0 $ minimum deposit and offers E*TRADE Web, Power E*TRADE, E*TRADE App. Questrade lists 1.000 CAD and offers Questrade Web, Questrade App, IQ Edge. Compare usability, available products and costs for your intended use.
E*TRADE vs Questrade: Which broker is better overall?
The choice between E*TRADE (4.3/5, 1900 reviews) and Questrade (4.2/5, 1300 reviews) depends on your needs. E*TRADE: Established US broker by Morgan Stanley with strong options platform. Questrade: Canada's leading independent online broker with low fees.

Your next step

Your next step

Keep comparing

More broker comparisons

Keep learning

Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.Regulation: BaFin, ESMA & investor protectionWho supervises your broker and what that protects.
Terms in the glossary:PremiumCall optionMarginExercisePut option