Broker comparison

Questrade vs.
Selfwealth

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Questrade has a higher rating of 4.2/5 compared to Selfwealth (3.9/5). Questrade offers 7 instrument types, while Selfwealth offers 2. The minimum deposit is lower at Selfwealth with 0 AUD. Questrade offers options trading, while the other does not. Questrade has been in the market since 1999, making it the more experienced provider.

Canada's leading independent online broker with low fees

Australian flat-fee broker with transparent pricing

At a glance

The key differences

Criterion
PlatformsQuestrade Web, Questrade App, IQ EdgeSelfwealth Web, Selfwealth App
Product typesStocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDsStocks, ETFs
Options tradingYes, Canadian and US optionsNo
Fee modelStocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contractAUD $9.50 flat fee per trade (ASX), US stocks from $0 commission
Minimum deposit1.000 CAD0 AUD
RegulationIIROCASIC
More informationDetailsDetails

Platforms

Questrade

Questrade Web, Questrade App, IQ Edge

Selfwealth

Selfwealth Web, Selfwealth App

Product types

Questrade

Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs

Selfwealth

Stocks, ETFs

Options trading

Questrade

Yes, Canadian and US options

Selfwealth

No

Fee model

Questrade

Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract

Selfwealth

AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission

Minimum deposit

Questrade

1.000 CAD

Selfwealth

0 AUD

Regulation

Questrade

IIROC

Selfwealth

ASIC

More information

Questrade

Details

Selfwealth

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract

Published fee
Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract
Minimum deposit
1.000 CAD
See terms at provider

AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission

Published fee
AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission
Minimum deposit
0 AUD
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsOptionsBondsMutual FundsForexCFDs
StocksETFs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Questrade Web · Questrade App · IQ Edge

Questrade offers three trading platforms: Questrade Web, the Questrade App, and IQ Edge. The web platform provides standard trading functions with order placement and portfolio overview. IQ Edge is the desktop platform for active traders with advanced charting tools, real-time streaming, Level 2 data, and customizable watchlists. The mobile app enables trading and account management on the go. IQ Edge is particularly designed for options traders and active traders.

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Selfwealth Web · Selfwealth App

Selfwealth offers trading through Selfwealth Web and the Selfwealth App. The web platform provides order placement, portfolio overview, community performance comparison, and market data. The mobile app enables trading and portfolio monitoring on the go. Both platforms are clearly designed and focused on simplicity but offer few advanced trading features like real-time charts or technical indicators.

Explore platform

Regulation & security

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Canada's leading independent online broker with low fees

  • Free ETF purchases
  • Canada's leading independent broker
  • Options trading on US and Canadian markets
  • Only available for Canadian customers
  • Stock trading fees not the lowest

Australian flat-fee broker with transparent pricing

  • Transparent flat-fee structure
  • Commission-free US stock trading
  • Community features for performance comparison
  • Only available for Australian customers
  • Limited product range (stocks and ETFs only)

Find the broker that fits

Questrade oder Selfwealth?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between Questrade and Selfwealth?
Questrade: Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract. Selfwealth: AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Questrade or Selfwealth?
Questrade offers Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs. Selfwealth offers Stocks, ETFs.
How are Questrade and Selfwealth regulated?
The broker profiles list IIROC for Questrade and ASIC for Selfwealth. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Questrade or Selfwealth better for beginners?
Questrade lists a 1.000 CAD minimum deposit and offers Questrade Web, Questrade App, IQ Edge. Selfwealth lists 0 AUD and offers Selfwealth Web, Selfwealth App. Compare usability, available products and costs for your intended use.
Questrade vs Selfwealth: Which broker is better overall?
The choice between Questrade (4.2/5, 1300 reviews) and Selfwealth (3.9/5, 550 reviews) depends on your needs. Questrade: Canada's leading independent online broker with low fees. Selfwealth: Australian flat-fee broker with transparent pricing.

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