Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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Qtrade
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AvaTrade
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Qtrade is a respected Canadian financial company offering various investment accounts featuring $8.75 and $6.95 stocks, mutual fund trades, and more than 100 commission-free ETFs. The company is extensively recognized and chosen by many investors in Canada to grow their savings or retirement funds. Qtrade is also fully authorized by the Canadian Investment Regulatory Organization (CIRO). | Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience. | |
| Instruments | Stocks, ETFs, Bonds, Mutual Funds, Options, GICs | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $0 | $300$100 |
| Trading Platforms | TradingCentral | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade |
| Payment Methods | ACH Transfer, Cheque, Wire Transfer | Boleto, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Neteller, Perfect Money, Skrill, Swift, WebMoney, Wire Transfer |
| Minimum Trade | Variable | 0.01 Lots |
| Regulator | CIRO | ASIC, CySEC, FSCA, ISA, CBI, JFSA, FSRA, BVI, ADGM, CIRO, AFM |
| Account Currencies | USD, CAD | USD, EUR, GBP, CAD, AUD |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | AvaTradeGO offers an impressive mobile trading experience with an intuitive interface. The app provides quick access to numerous markets like forex, stocks, indices, commodities, ETFs, and bonds. AvaTradeGO's AvaProtect™ feature stands out by offering a unique level of risk protection. | |
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| Margin Trading | ✓ | ✓ |
| Margin Rate | 2% | |
| Account Types | STP, MAM, PAMM | |
| AI / Machine Learning | ✗ | ✓ |
| Robo Advisor | ✓ | ✗ |
| Negative Balance Protection | ✗ | ✓ |
| Market Maker | ✗ | ✓ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | ✗ | ✓ |
| Copy Trading Platform | AvaTrade is highly regarded for its social and copy trading tools. Traders have access to their in-house AvaSocial app and widely-used platforms like DupliTrade and ZuluTrade. It offers detailed performance metrics for you to select the best strategy provider to match your objectives and risk tolerance. | |
| Social Trading | ✗ | ✓ |
| Trade Signals | ✓ | |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $50 | |
| Islamic Account | ✗ | ✓ |
CFD Trading | ||
AvaTrade offers over 1250+ leveraged CFD products in various asset classes, such as stocks, indices, commodities, bonds, crypto, and ETFs. You can trade on both rising and falling prices using the broker’s advanced web and mobile platforms, which include top research tools for finding short-term trading opportunities. | ||
| Leverage | 1:30 (Retail) 1:400 (Pro) | |
| FTSE Spread | 0.5 | |
| GBPUSD Spread | 1.5 | |
| Oil Spread | 0.02 | |
| Stocks Spread | 0.13 | |
Forex Trading | ||
AvaTrade offers over 50 currency pairs with tight spreads starting from 0.9 pips and no commissions. Trade major, minor, and exotic currencies 24/5 on top forex platforms, such as MT4, with advanced charting tools and forex education to enhance your skills, including a dedicated 'Currency Trading' guide. | ||
| GBPUSD Spread | 1.5 | |
| EURUSD Spread | 0.9 | |
| EURGBP Spread | 1.5 | |
| Assets | 50+ | |
| Currency Indices | USD | |
Cryptocurrency Trading | ||
Regulated on five continents, AvaTrade provides secure access to crypto markets. It offers a variety of digital currencies like Bitcoin, Ethereum, and Ripple, and a crypto index for diversification. Competitive crypto spreads and 1:2 leverage are available on its three platforms. | ||
| Crypto Spread | BTC <1%, ETH 2% | |
| Crypto Coins | BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH | |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |