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2024 Comparison
Wealthsimple vs Questrade: Which is right for you?
W
Wealthsimple
star
4.8
Best overall
Current Sign-up Bonus
$250 Cash Reward
- check_circle $0 commission trades
- check_circle Ultra-simple mobile app
Q
Questrade
star
4.6
Best for pros
Current Sign-up Bonus
$50 Trade Credit
- check_circle Advanced charting tools
- check_circle More account types available
analytics Detailed Comparison
Trading Fees
Wealthsimple
$0 commission
Questrade
$4.95 - $9.95
Account Types
WEALTHSIMPLE
TFSA, RRSP, FHSA, Personal, Crypto
QUESTRADE
TFSA, RRSP, FHSA, Margin, LIRA, Corporate
Experience
Wealthsimple
bolt
Beginner Friendly
Questrade
settings_input_component
Power Tools
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Final Verdict
If you want a set-it-and-forget-it experience with no fees, Wealthsimple is the clear winner. However, if you are an active trader who needs advanced analytics and more diverse account options, Questrade offers a more robust platform despite the higher costs.