Qtrade Review

Qtrade stands out as one of Canada's best discount brokerages for beginners and passive investors. With $0 commission on stocks, ETFs and mutual funds (since late 2025), excellent customer service, and a user-friendly platform, it's an ideal low-cost choice. Its current Spring 2026 promotion offers tiered cash back up to $2,000 on new accounts.

Detailed Review

Qtrade has positioned itself as a customer-friendly alternative to the major banks' discount brokerages. As of late 2025 it offers $0 commission on stocks, ETFs and mutual funds, plus low $0.75/contract options. Customer service is consistently rated as excellent, with both phone and chat support. The platform is intuitive and well suited to beginners, though it lacks fractional shares and some advanced trading tools. Its Spring 2026 offer (promo code SPRING26) gives tiered cash back up to $2,000 for new accounts funded by August 31, 2026 and held to July 2027. For investors who prioritize low costs and strong support, Qtrade is an excellent choice.