Home » Investing » Disnat vs. Qtrade: A Comparison Between Two Top Canadian Brokerages

Disnat vs. Qtrade: A Comparison Between Two Top Canadian Brokerages

EOD Historical Data

Canadians now have more alternatives than ever to enter the stock market and put their money to work thanks to the introduction of online brokers. Regardless of the amount of money you have to start with, or if you’re a seasoned investor or a newbie, there’s an online broker out there for you. However, choosing the best online brokers in Canada may be difficult when there are so many to pick from! This is why we are going to compare the two top Canadian brokerages for you to make the best decision.

What is Disnat?

Disnat (Desjardins’ online brokerage) is a self-directed trading platform that allows investors to trade stocks, exchange-traded funds (ETFs), options, mutual funds, bonds, new issues, and more… This online broker’s website and mobile app were created to allow clients to trade stocks in real-time from anywhere. Disnat has established itself as Canada’s first brokerage platform for a big bank.


  • Access to free market insight and trend, video training, and customer seminars
  • Great perks for young investors (18 to 30)
  • More affordable pricing for active investors
  • Wide variety of account types and investment products
  • User-friendly mobile app
  • Mutual fund can be traded for free


  • Disnat trading pricing is still relatively expensive compared to the competition
  • No free ETFs
  • A minimum balance of $1000 is required
  • High Inactivity fee
  • The user is expected to rebalance his/her portfolio due to its self-directed trading component

What is Qtrade?

Qtrade Investor, formerly Credential Direct, is a cost-effective broker for frequent trades and young investors. Its usual $8.75 charge for trading stocks and options is on the higher end of the market compared to some of its competitors; however, this price is reduced to $6.95 for individuals who make 150 or more transactions every quarter, or for investors aged 18 to 30.

Users can trade mutual funds for free, as well as trade from a list of 100 chosen ETFs. Overall, it’s a highly user-friendly platform, as demonstrated in this video on the straightforward process of selling stock on Qtrade:


  • Low fee compared to banks
  • Two base currencies (USD and CAD)
  • Special package for millennial investors
  • Excellent customer service
  • User-friendly interface
  • It’s easy to transfer investments to Qtrade from another investment. You will get a reimbursement of $150 for a minimum of $15,000
  • You have a wide selection of accounts to choose from depending on your experience and taste
  • Availability of assisted trading


  • They do not accept credit cards, e-wallets, and debit cards.
  • They focus on U.S. and Canadian markets only.
  • They offer only 100 free ETFs.
  • $25 quarterly fee


Disnat is a great online broker for investors who have a little bit more money to invest, more experienced, and fairly active. It is one of the cheapest brokerage platforms on the market when compared to other Canadian bank-owned brokerage platforms.

What sets Disnat apart from the competition is its young investor program, which uses a lower-cost plan and training videos to help individuals aged 18 to 30 become self-sufficient investors.QTrade is a great platform for both novice and experienced traders. What set QTrade apart from the competition is its great customer service, free ETF buying, and selling, a user-friendly interface.

No Comments

Leave a Comment