eToro vs. Questrade

eToro is probably best suited for persons with basic trading and/or investment needs, not experienced traders. The latter group will probably benefit from more sophisticated tools, such as advanced charting and analysis. In addition, I believe such traders will demand tighter spreads than those available on the eToro platform

Incentivized

It helps me in managing my Canadian portfolio which includes stock-specific investments and ETFs as well. They charge no commission or very little commission on some specific trade.

• Excellent presentation of cost basis
• Easy to get exposure to crypto as well as traditional investments
• Allows copy trading

Incentivized

• Easy to follow user interface.
• Monthly reports are very detailed and contain visuals to aid in the understanding of performance.
• Questrade has a very responsive customer support team.
• Questrade has low fees.

Incentivized

• eToro has met our needs for an online and investment platform.
• I cannot think of anything in which eToro can improve.

Incentivized

• Better charts within the app.
• Dark mode setting.
• Setting self Limits to margin investing.

Incentivized

eToro is definitely geared more toward the investor crowd with more familiar looking charts and cost basis tracking than dedicated crypto wallets or services. I use it alongside others, but definitely like the features here for making strictly investment related decisions and research on general market changes, movements, and activities.

Incentivized

I have used WealthSimple before, and I can say that Questrade is just a bit more intuitive for me. It's catered for beginners, but also has additional features for those who are a bit more advanced. Questrade is a flexible platform that allows you to create and track various types of portfolios, create and track various types of strategies, etc. By far the superior choice in my opinion.

Incentivized

• 10-15% ROI per annum since signing up to eToro two years ago

Incentivized

• In my experience, Questrade has delayed me for months! I feel it's a waste of time
• I don't know how they deserve such high ratings, maybe they buy marketing and reviewers. In my opinion, don't buy into their sales pitch!!!