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Questrade vs. thinkorswim vs. Investors Vanguard

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Questrade

    Score2.5 out of 10
    N/ABased in Toronto, Questrade offers solutions for investors with self-directed investing and Questwealth Portfolios, presented as intelligent, lower fee portfolios designed by experts to help the user achieve financial goals.N/A

    thinkorswim

    Score9 out of 10
    N/AThinkorswim, with its Investools division, is an American company offering live and online investor education services. In addition, through its brokerage subsidiary, thinkorswim, Inc., Investools provides services to funded trading accounts for self-directed option traders and institutional users who invest in equities, exchange-traded funds, futures, mutual funds and bonds.N/A

    Investors Vanguard

    Score9.9 out of 10
    N/AN/AN/A
    Pricing
    QuestradethinkorswimInvestors Vanguard
    Editions & Modules
    No answers on this topic
    No answers on this topic
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    Offerings
    Pricing Offerings
    QuestradethinkorswimInvestors Vanguard
    Free Trial
    NoNoNo
    Free/Freemium Version
    NoNoNo
    Premium Consulting/Integration Services
    NoNoNo
    Entry-level Setup FeeNo setup feeNo setup feeNo setup fee
    Additional Details$0.00 commissions. No platform fees. No data fees. No trade minimums. Online---$0.00-- Interactive Voice Response (IVR) Phone System-$5.00-- Broker-assisted-$25.00Contact vendor for pricing information
    More Pricing Information
    Best Alternatives
    QuestradethinkorswimInvestors Vanguard
    Small Businesses
    Coinbase
    Score7.3 out of 10
    Coinbase
    Score7.3 out of 10
    Coinbase
    Score7.3 out of 10
    Medium-sized Companies
    Coinbase
    Score7.3 out of 10
    Coinbase
    Score7.3 out of 10
    Coinbase
    Score7.3 out of 10
    Enterprises
    No answers on this topic
    No answers on this topic
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    All AlternativesView all alternativesView all alternativesView all alternatives
    User Ratings
    QuestradethinkorswimInvestors Vanguard
    Likelihood to Recommend
    1.7
    (4 ratings)
    9.1
    (3 ratings)
    8.3
    (3 ratings)
    User Testimonials
    QuestradethinkorswimInvestors Vanguard
    Likelihood to Recommend
    Questrade, Inc
    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.
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    thinkorswim
    I would not hesitate to recommend thinkorswim to someone who wants to get into the stock market. The opportunity to use "paper money" can help beginners learn the fundamentals of trading without any risk. Although the trial period is only 60 days, [that's a] good amount of time for new users to learn enough before venturing out into the real world. Adding to the positives, thinkorswim mobile app is superb and a great way to keep up with your portfolio on the go.
    Incentivized
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    Investors Vanguard
    Vanguard is a tried and true investment platform. They hold a large portion of people's wealth in the United States, so they have experience and the reputation to go along with it. Their customer service via phone is top-of-the-line, which is helpful for any retirement or investing-related questions. However, their website and app sometimes lack functionality, and it can be difficult to navigate. For users looking for an easy-to-use platform for investing, Vanguard might not be it.
    Incentivized
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    Pros
    Questrade, Inc
    • 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
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    thinkorswim
    • Day Trading
    • Swing Trading
    • Long term Investment
    Incentivized
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    Investors Vanguard
    • Low cost
    • High value index funds
    • Very good exposure to all markets.
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    Cons
    Questrade, Inc
    • Better charts within the app.
    • Dark mode setting.
    • Setting self Limits to margin investing.
    Incentivized
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    thinkorswim
    • Offering more streaming platforms, like bloomberg for example or Fox Business.
    Incentivized
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    Investors Vanguard
    • identifying source of stock receipts
    Incentivized
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    Alternatives Considered
    Questrade, Inc
    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
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    thinkorswim
    I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I confidently believe the time I've spent on thinkorswim has helped me mitigate any big losses in my investments. As for robinhood, the mobile app is a lot better for beginners to understand and the UI can be described as more aesthetically pleasing. thinkorswim triumphs in many other aspects [as well] such as being backed up by TD Ameritrade and Charles Schwab and the plethora of knowledge [a user can access].
    Incentivized
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    Investors Vanguard
    I thought I would need Vanguard Predictive Planning, but the robot-investor style tool like that didn't fit my current needs. I have availability to learn and explore so I took the plunge to handle it myself without predictive planning in place. I do review quarterly, but I didn't need a separate tool for that.
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    Return on Investment
    Questrade, Inc
    • 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!!!
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    thinkorswim
    • Easy to place orders
    • Easy to analyse stocks
    • Easy to check over all portfolio
    Incentivized
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    Investors Vanguard
    • Vanguard has helped our employees invest their money
    • Vanguard's broad offerings and low fees have made our benefits packages seem more appealing to potential hires
    Incentivized
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