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● Updated August 2026

Interactive Brokers vs Questrade

Both rank among our top stock brokers, but they suit different traders. Here is how they compare on every metric we score — and which one fits your situation.

Interactive Brokers

9.6
/ 10 · rank #1
Visit Interactive Brokers →
VS

Questrade

9.1
/ 10 · rank #3
Visit Questrade →

Head-to-Head Comparison

Interactive BrokersQuestrade
Overall score9.6 / 109.1 / 10
Our ranking#1#3
FeesFrom $0.005/shareFree ETF buys
Min. deposit$0$1,000
Markets150+ global marketsUS · Canada
RegulationSEC · FINRA · IIROCCIRO · CIPF
Best forSerious and professional tradersCanadian investors starting out

Which Should You Choose?

Choose Interactive Brokers if…

  • Lowest margin rates in the industry
  • Unmatched global market access
  • Institutional-grade execution

Choose Questrade if…

  • Free ETF purchases
  • CIPF protection up to $1M
  • Clean simple platform

The Trade-offs

Interactive Brokers drawbacks

  • Platform has a learning curve

Questrade drawbacks

  • Limited international markets

Our Verdict

Interactive Brokers scores higher overall (9.6/10 vs 9.1/10) on our methodology, which weighs fees & pricing (30%), safety & regulation (30%), platform & tools (25%), service & funding (15%). That makes it the stronger all-round choice for most people.

But a higher score doesn't make it the right pick for you. Interactive Brokers is built for serious and professional traders, while Questrade targets canadian investors starting out. If your situation matches the second description, the lower-scoring option is the better decision — the score measures general quality, not personal fit.

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