Questrade
IIROC
Selfwealth
ASIC
Questrade vs Selfwealth
Head-to-Head Comparison 2026
Our Verdict
Questrade has a higher rating of 4.2/5 compared to Selfwealth (3.9/5). Questrade offers 7 instrument types, while Selfwealth offers 2. The minimum deposit is lower at Selfwealth with 0 AUD. Questrade offers options trading, while the other does not.
Comparison Table
| Criteria | Questrade | Selfwealth |
|---|---|---|
| Rating | 4.2/5 (1300 reviews)✓ | 3.9/5 (550 reviews) |
| Regulation | IIROC | ASIC |
| Fees | Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract | AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission |
| Min. Deposit | 1.000 CAD | 0 AUD |
| Instruments | Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs | Stocks, ETFs |
| Platforms | Questrade Web, Questrade App, IQ Edge | Selfwealth Web, Selfwealth App |
| Options Trading | Yes, Canadian and US options | No |
| Founded | 1999 | 2012 |
| Headquarters | Toronto | Melbourne |
Detailed Comparison
Fee Comparison
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.
Selfwealth: AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission. Minimum deposit: 0 AUD.
Product Range
Questrade (7 categories)
Selfwealth (2 categories)
Trading Platforms
Questrade
- Questrade Web
- Questrade App
- IQ Edge
Selfwealth
- Selfwealth Web
- Selfwealth App
Regulation & Security
Questrade is regulated by IIROC (HQ: Toronto).
Selfwealth is regulated by ASIC (HQ: Melbourne).
Who Is It For?
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
Selfwealth
Australian flat-fee broker with transparent pricing
✓ Transparent flat-fee structure
✓ Commission-free US stock trading
✓ Community features for performance comparison
✗ Only available for Australian customers
✗ Limited product range (stocks and ETFs only)
Frequently Asked Questions
Is Questrade or Selfwealth cheaper?
Which broker offers more products: Questrade or Selfwealth?
Which broker is better regulated?
Is Questrade or Selfwealth better for beginners?
Questrade vs Selfwealth: Which broker is better overall?
Questrade
Canada's leading independent online broker with low fees
Open Account →From 1.000 CAD min. deposit