E*TRADE

4.3(1900)

SEC/FINRA

Questrade

4.2(1300)

IIROC

E*TRADE vs Questrade

Head-to-Head Comparison 2026

Our Verdict

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 $. E*TRADE has been in the market since 1982, making it the more experienced provider.

Comparison Table

Criteria	E*TRADE	Questrade
Rating	4.3/5 (1900 reviews)✓	4.2/5 (1300 reviews)
Regulation	SEC/FINRA	IIROC
Fees	$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
Min. Deposit	0 $	1.000 CAD
Instruments	Stocks, ETFs, Options, Bonds, Mutual Funds, Futures	Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs
Platforms	ETRADE Web, Power ETRADE, E*TRADE App	Questrade Web, Questrade App, IQ Edge
Options Trading	Yes, comprehensive options trading with Power E*TRADE	Yes, Canadian and US options
Founded	1982	1999
Headquarters	New York	Toronto

Detailed Comparison

Fee Comparison

E*TRADE: $0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades). Minimum deposit: 0 $.

Questrade: Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract. Minimum deposit: 1.000 CAD.

Product Range

E*TRADE (6 categories)

StocksETFsOptionsBondsMutual FundsFutures

Questrade (7 categories)

StocksETFsOptionsBondsMutual FundsForexCFDs

Trading Platforms

E*TRADE

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

Questrade

Questrade Web
Questrade App
IQ Edge

Regulation & Security

E*TRADE is regulated by SEC/FINRA (HQ: New York).

Questrade is regulated by IIROC (HQ: Toronto).

Who Is It For?

E*TRADE

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

Questrade

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

Frequently Asked Questions

Is E*TRADE or Questrade cheaper?

E*TRADE charges $0 commission on stocks and ETFs, options $0.65 per contract ($0.50 for 30+ trades). Questrade charges Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract. The minimum deposit is 0 $ at E*TRADE and 1.000 CAD at Questrade.

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.

Which broker is better regulated?

E*TRADE is regulated by SEC/FINRA. Questrade is regulated by IIROC.

Is E*TRADE or Questrade better for beginners?

E*TRADE has a minimum deposit of 0 $ and offers E*TRADE Web, Power E*TRADE, E*TRADE App as platforms. Questrade has a minimum deposit of 1.000 CAD and offers Questrade Web, Questrade App, IQ Edge. E*TRADE has the lower entry barrier.

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.

E*TRADE

Established US broker by Morgan Stanley with strong options platform

Open Account →

From 0 $ min. deposit

Questrade

Canada's leading independent online broker with low fees

Open Account →

From 1.000 CAD min. deposit

E*TRADE read review →Questrade read review →