Questrade vs TD Direct Investing 2026: Which Broker is Better?
Compare Questrade and TD Direct Investing side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Questrade
TD Direct Investing
| Questrade | TD Direct Investing | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 2.9/5 |
| Min. Deposit | $1000 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3 | 1:5 ✓ |
| Regulation | CIRO | IIROC, CIPF ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, WebBroker |
Questrade is the better choice overall, scoring 3.3/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).
See full side-by-side comparison belowQuestrade vs TD Direct Investing: Key Differences
Questrade
WinnerTD Direct Investing
Still deciding between Questrade and TD Direct Investing?
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Fees Comparison
Questrade
Lower feesTD Direct Investing
BrokerRank Verdict
Questrade scores 3.33/5 while TD Direct Investing scores 2.92/5 in our independent rating.
Questrade edges ahead overall, but TD Direct Investing may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Questrade
3.3/5
Choose Questrade if you want…
- Higher overall rating (3.3/5)
TD Direct Investing
2.9/5
Choose TD Direct Investing if you want…
- No minimum deposit
- Higher leverage (up to 1:5)
- More regulatory licences (2)
- More established (est. 1984)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Questrade & TD Direct Investing are available in
Frequently Asked Questions
1Is Questrade better than TD Direct Investing?
Questrade scores higher overall on our independent rating system. Questrade holds a 3.3/5 rating vs TD Direct Investing's 2.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Questrade or TD Direct Investing?
Questrade offers spreads from 0 pips, while TD Direct Investing starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Questrade vs TD Direct Investing?
Questrade requires a minimum deposit of $1000. TD Direct Investing requires $0.
4Which broker is safer, Questrade or TD Direct Investing?
Questrade is regulated by CIRO, while TD Direct Investing holds licences from IIROC, CIPF.
5What trading platforms do Questrade and TD Direct Investing support?
Questrade supports Proprietary Web, Proprietary Mobile. TD Direct Investing supports Proprietary Web, Proprietary Mobile, WebBroker, TD Advanced Dashboard.
6Can I use both Questrade and TD Direct Investing?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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