![]() ![]() Questrade* started making its name as a low-cost provider of brokerage services in 1999, long before the term “fintech” entered the lexicon. Now that the names are clear, let’s dive in and compare the two companies and their services. Furthermore, Wealthsimple Invest is the new name for its robo-advisor service, and Questwealth Portfolios is the name of Questrade’s robo-advisor service. While Questrade is the both the name of the company and the brokerage service, Wealthsimple Trade is the name of Wealthsimple’s online brokerage service. Questrade and Wealthsimple offer investing products and services. Online brokerage comparison: Questrade* vs. We’ve broken down the differences between Questrade and Wealthsimple to help you choose the best service for you. The best choice will depend on your situation and preferences-particularly whether you want to pick your own self-directed investments or let a robo-advisor pick a portfolio of investments for you. While the two financial services providers have very similar options, they aren’t identical. If you’ve decided to try out online investing and have narrowed down your choices to Wealthsimple or Questrade-congratulations! Both are solid Canadian options that can help you grow your money and achieve your investment goals.īut choosing between the two can be tricky. ![]()
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