{"id":44521,"date":"2024-03-14T16:56:14","date_gmt":"2024-03-14T20:56:14","guid":{"rendered":"https:\/\/hardbacon.ca\/non-classifiee\/is-webull-available-in-canada\/"},"modified":"2026-08-25T18:33:08","modified_gmt":"2026-08-25T22:33:08","slug":"is-webull-available-in-canada","status":"publish","type":"post","link":"https:\/\/hardbacon.ca\/en\/investing\/is-webull-available-in-canada\/","title":{"rendered":"Webull Is Now Available in Canada and I Tested It For You!"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you&#8217;re a Canadian investor looking for new trading platforms, you might have heard about Webull. With its sleek design and advanced features, it&#8217;s no wonder many people were eager to use it in Canada. Since the beginning of 2024, <a href=\"http:\/\/webull.ca\" rel=\"nofollow noopener\" target=\"_blank\">Webull<\/a> is available to Canadians, so I&#8217;ve decided to try it. In this article, I&#8217;ll explore what Webull is all about, its pros and cons, and offer some excellent Canadian alternatives for your trading needs.<\/p>\n\n\n    <div class=\"review-block\">\r\n                    <div class=\"review-block__left\">\r\n                <div class=\"review-block__head\">\r\n                    <div class=\"review-block__head-total\">3.3<\/div>\r\n                    <div class=\"review-block__head-rating\">\r\n                        <div class=\"review-block__head-stars\">\r\n                            <div class=\"review__stars-empty\">\r\n                                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 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        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 17.1548 14.0892 17.2306 14.3209L19.3236 20.7149C19.4929 21.2321 18.9001 21.6628 18.4605 21.342L13.0262 17.3755C12.8293 17.2319 12.5622 17.2319 12.3653 17.3755L6.93105 21.342C6.49147 21.6628 5.89863 21.2321 6.06793 20.7149L8.16093 14.3209C8.23675 14.0892 8.1542 13.8352 7.95671 13.6923L2.50514 9.74972C2.06417 9.4308 2.29061 8.73388 2.83482 8.73507L9.56265 8.74977C9.80637 8.75031 10.0225 8.59328 10.0973 8.36132L12.1623 1.95823Z\" fill=\"#FDCC0D\"\/>\r\n                                <\/svg>\r\n                            <\/div>\r\n                        <\/div>\r\n                        <span class=\"review-block__head-score\">Hardbacon Score<\/span>\r\n                    <\/div>\r\n                <\/div>\r\n                <ul class=\"review-block__items\">\r\n                                            <li class=\"review__item\">\r\n                            <h4 class=\"review__item-title\">Fees<\/h4>\r\n                            <div class=\"review__stars\">\r\n                                <div class=\"review__stars-empty\">\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <g clip-path=\"url(#clip0_1101_81)\">\r\n                                            <path d=\"M9.04521 1.29364C9.17584 0.888589 9.74891 0.888589 9.87954 1.29364L11.4945 6.30111C11.553 6.48251 11.722 6.60531 11.9126 6.60489L17.174 6.59339C17.5996 6.59246 17.7767 7.13749 17.4319 7.38689L13.1685 10.4702C13.0141 10.5819 12.9495 10.7806 13.0088 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1.29351Z\" fill=\"#FDCC0D\"\/>\r\n                                    <\/svg>\r\n                                <\/div>\r\n                            <\/div>\r\n                        <\/li>\r\n                                            <li class=\"review__item\">\r\n                            <h4 class=\"review__item-title\">App Features<\/h4>\r\n                            <div class=\"review__stars\">\r\n                                <div class=\"review__stars-empty\">\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <g clip-path=\"url(#clip0_1101_81)\">\r\n                                            <path d=\"M9.04521 1.29364C9.17584 0.888589 9.74891 0.888589 9.87954 1.29364L11.4945 6.30111C11.553 6.48251 11.722 6.60531 11.9126 6.60489L17.174 6.59339C17.5996 6.59246 17.7767 7.13749 17.4319 7.38689L13.1685 10.4702C13.0141 10.5819 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xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <g clip-path=\"url(#clip0_1101_81)\">\r\n                                            <path d=\"M9.04521 1.29364C9.17584 0.888589 9.74891 0.888589 9.87954 1.29364L11.4945 6.30111C11.553 6.48251 11.722 6.60531 11.9126 6.60489L17.174 6.59339C17.5996 6.59246 17.7767 7.13749 17.4319 7.38689L13.1685 10.4702C13.0141 10.5819 12.9495 10.7806 13.0088 10.9617L14.6456 15.9621C14.778 16.3665 14.3144 16.7034 13.9706 16.4525L9.72079 13.3506C9.56684 13.2382 9.35792 13.2382 9.20396 13.3506L4.95413 16.4525C4.61037 16.7034 4.14675 16.3665 4.27915 15.9621L5.91596 10.9617C5.97525 10.7806 5.91069 10.5819 5.75625 10.4702L1.4929 7.38689C1.14804 7.13749 1.32513 6.59246 1.75072 6.59339L7.01216 6.60489C7.20275 6.60531 7.37178 6.48251 7.43028 6.30111L9.04521 1.29364Z\" fill=\"#CACACA\"\/>\r\n                                        <\/g>\r\n                                        <defs>\r\n                                          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height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <path d=\"M9.81401 1.29351C9.94464 0.888467 10.5177 0.888467 10.6483 1.29351L12.2633 6.30099C12.3218 6.48239 12.4908 6.60519 12.6814 6.60477L17.9428 6.59327C18.3684 6.59234 18.5455 7.13736 18.2007 7.38677L13.9373 10.4701C13.7829 10.5817 13.7183 10.7804 13.7776 10.9616L15.4144 15.962C15.5468 16.3664 15.0832 16.7033 14.7394 16.4524L10.4896 13.3505C10.3356 13.2381 10.1267 13.2381 9.97276 13.3505L5.72293 16.4524C5.37917 16.7033 4.91555 16.3664 5.04795 15.962L6.68476 10.9616C6.74405 10.7804 6.67949 10.5817 6.52505 10.4701L2.2617 7.38677C1.91684 7.13736 2.09393 6.59234 2.51952 6.59327L7.78095 6.60477C7.97155 6.60519 8.14057 6.48239 8.19908 6.30099L9.81401 1.29351Z\" fill=\"#FDCC0D\"\/>\r\n                                    <\/svg>\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" 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<div class=\"review-block__content\"><p>Webull offers a user-friendly trading app. Recently launched in Canada, it is not complete enough to satisfy most of investors&#8217; needs.<\/p>\n<\/div>\r\n                                            <\/div>\r\n            <\/div>\r\n    <script type=\"application\/ld+json\">\r\n        {\r\n            \"@context\": \"http:\/\/schema.org\",\r\n            \"@type\": \"Review\",\r\n            \"itemReviewed\": {\r\n            \"@type\": \"SoftwareApplication\",\r\n            \"name\": \"Webull Is Now Available in Canada and I Tested It For You!\",\r\n            \"description\": \"If you&#8217;re a Canadian investor looking for new trading platforms, you might have heard about Webull. With its sleek design and advanced features, it&#8217;s no wonder many people were eager to use it in Canada. Since the beginning of 2024, Webull is available to Canadians, so I&#8217;ve decided to try it. In this article, I&#8217;ll [&hellip;]\",\r\n            \"image\": \"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/07\/webull-canada.jpg\",\r\n            \"author\": \"Maude Gauthier\"\r\n            },\r\n            \"reviewRating\": {\r\n            \"@type\": \"Rating\",\r\n            \"ratingValue\": 3.3,\r\n            \"bestRating\": 5,\r\n            \"worstRating\": 0\r\n            },\r\n            \"author\": {\r\n            \"@type\": \"Person\",\r\n            \"name\": \"Maude Gauthier\"\r\n            },\r\n            \"reviewBody\": \"If you&#8217;re a Canadian investor looking for new trading platforms, you might have heard about Webull. With its sleek design and advanced features, it&#8217;s no wonder many people were eager to use it in Canada. Since the beginning of 2024, Webull is available to Canadians, so I&#8217;ve decided to try it. In this article, I&#8217;ll [&hellip;]\"\r\n        }\r\n    <\/script>\r\n\n\n\n<h2 id=\"h-is-webull-for-beginners\" class=\"wp-block-heading\">Is Webull for beginners?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The simple answer is: not really. Webull Canada is an online trading platform that allows users to trade stocks and ETFs with no minimum deposit. The app is very user-friendly. However, they charge $2.99 per trade and they do not offer registered accounts such as TFSAs, RRSPs and FHSAs, which young investors and beginners might want to prioritize given the tax break they can get you.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I, on the other hand, have a decent experience with self-directed investing and I use non-registered accounts on a regular basis. Webull seems like a good option for my needs.<\/p>\n\n\n\n<h2 id=\"h-how-to-open-a-webull-account\" class=\"wp-block-heading\">How to open a Webull account?<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"462\" height=\"372\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-accounts.png\" alt=\"\" class=\"wp-image-71020\" style=\"aspect-ratio:1.2419354838709677;width:356px;height:auto\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-accounts.png 462w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-accounts-300x242.png 300w\" sizes=\"auto, (max-width: 462px) 100vw, 462px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">First, I downloaded the Webull app. They asked for my phone number and sent me a verification code. To open my account, I had to verify my identity using my driver&#8217;s license. They also asked for a SIN, address and a bunch of other personal information. Some of this seems required for tax purposes, but some questions seemed excessively intrusive, like my marital status, employment, income, etc. And it was impossible to open my account without answering, so I just wrote whatever came to my mind.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Then I had to choose between a margin acount and a cash account. I went for cash. I had to wait for the confirmation that my account was opened. So far, Webull&#8217;s process to open an account isn&#8217;t the best. It takes quite some time and it is not clear how they use my personal information. Still, it was good enough for me to keep exploring the app.<\/p>\n\n\n\n<h2 id=\"h-how-to-trade-on-webull\" class=\"wp-block-heading\">How to trade on Webull?<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"326\" height=\"670\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-order.png\" alt=\"\" class=\"wp-image-71023\" style=\"aspect-ratio:0.48656716417910445;width:174px;height:auto\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-order.png 326w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-order-146x300.png 146w\" sizes=\"auto, (max-width: 326px) 100vw, 326px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">To get a taste of Webull Canada while I waited, I started using their paper trading feature. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can too, and you should do it before you apply for an account if you are unsure this is the best broker for your needs. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As soon as I started trading, I received offers, such as access to level 2 data for free (allowing me to see real-time micro changes in bid and ask). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Be careful, becaure they do not ask for a confirmation once you click on &#8220;trade&#8221;. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, at the bottom of my screen, I could cancel or modify my order during a few seconds. The &#8220;filled&#8221; icon appears at the top right corner once my order is completed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After a trade, I have to use the arrow to return to the main screen, which is something that could be improved to make the app better.<\/p>\n\n\n\n<h2 id=\"h-webull-features-and-promotions\" class=\"wp-block-heading\">Webull features and promotions<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A couple features on the Webull app are worth mentioning. First, the alerts will help you never miss a trade. If I am looking to buy Apple stocks, I could decide to jump in once the stock reaches beyond its last resistance level. The app lets me get alerts when a stock moves up or down (in $ or %), when it reaches a certain volume, when it is at a 52-week high or low, etc. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"326\" height=\"508\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-calendar.png\" alt=\"\" class=\"wp-image-71025\" style=\"aspect-ratio:0.6417322834645669;width:212px;height:auto\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-calendar.png 326w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/03\/webull-calendar-193x300.png 193w\" sizes=\"auto, (max-width: 326px) 100vw, 326px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">I also like the economic calendar. It helps me follow economic news and companies&#8217;s earnings that often have an impact on stock prices. I can also synchronize the news with my personal calendar. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, it is not possible to filter for Canada, so if you have money on the Canadian stock market, you have to choose &#8220;all&#8221; regions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the time of writing, I had access to three promotions. The first one is a 90-day 0 commission promotion. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The second promotion says I could get a $100 cash reward if I deposit and maintain $1,000 in my account. The third one is receiving 10 gift boxes for referring friends (conditions apply).<\/p>\n\n\n\n<h2 id=\"h-how-much-do-i-have-to-pay\" class=\"wp-block-heading\">How much do I have to pay?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Webull Canada charges $2.99 per trade, in CAD or USD depending on the market. This mean it will be very expensive if you trade often. However, if you simply need a non-registered account to invest for long-term and do not buy new stocks too often, $2.99 is actually a decent price compared to most brokers charging $5-$9.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you open a margin account, you&#8217;ll have to pay interest: 9.2-9.7% for canadian accounts and 10.5-11% for US accounts. There are also foreign-exchange fees of 1.5% and a maintenance fee of $10 per year, plus some withdrawal fees.<\/p>\n\n\n\n<h2 id=\"h-alternative-to-webull-wealthsimple-trade\" class=\"wp-block-heading\">Alternative to Webull: WealthSimple Trade<\/h2>\n\n\n\n<div class=\"wp-block-affiliate-plugin-lasso\">\t\t<div class=\"relative p-10 rounded-sm shadow-(--shadow) !my-20  md:max-w-[900px] md:mx-auto\">\n\t\t\t\t\t\t\t<span class=\"absolute left-3 right-3 sm:right-auto bottom-full bg-primary-dark text-white text-center text-sm md:text-base font-medium py-2 px-8 rounded-t-lg w-content mx-auto\">\n\t\t\t\t\tLow-fee trading made simple\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<div class=\"md:flex gap-20 items-center\">\n\t\t\t\t<div class=\"shrink-0 md:w-1\/3 flex flex-col items-center justify-center\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/5f53d2134d1911503113cafa_offer_brokerage_account\" alt=\"Offer Image\" class=\"!my-0 mx-auto\">\n\t\t\t\t\t<a href=\"https:\/\/api.fintelconnect.com\/t\/l\/69306378778ad77544231fb1\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline hidden md:block mt-5\" target=\"_blank\" rel=\"noopener noreferrer\">Start now<\/a>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"text-center md:text-left\">\n\t\t\t\t\t<span class=\"font-medium text-xl md:text-2xl block mb-10\">Wealthsimple Trade<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"font-regular divide-y divide-primary-dark\/10\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Offer:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">Trade stocks and ETFs commission-free, plus get a $25 cash bonus when you open your first Wealthsimple account through this page and fund at least $1 within 30 days.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Legal note:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">Terms and conditions apply. For the most up-to-date product details, please visit Wealthsimple.com<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"text-center md:hidden mt-8\">\n\t\t\t\t<a href=\"https:\/\/api.fintelconnect.com\/t\/l\/69306378778ad77544231fb1\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline\" target=\"_blank\" rel=\"noopener noreferrer\">Start now<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/wealthsimple.sjv.io\/c\/445127\/1333302\/5571\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Wealthsimple Trade<\/a> stands out as a great alternative to Webull for mobile trading in Canada. With its user-friendly interface and a wide range of features, Wealthsimple Trade has gained popularity among Canadian investors. One of the key advantages of Wealthsimple Trade is its commission-free trading. Users can buy and sell thousands of canadian stocks and <a data-lasso-id=\"285362\" href=\"https:\/\/hardbacon.ca\/en\/investing\/the-ultimate-guide-to-etfs-in-canada\/\">ETFs<\/a> without incurring any fees, making it an attractive option for cost-conscious investors. Additionally, there are no account minimums, allowing users to start trading at their own pace with as little as $1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another notable feature of Wealthsimple Trade is the ability to <a data-lasso-id=\"285364\" href=\"https:\/\/hardbacon.ca\/en\/investing\/investing-in-fractional-shares-in-canada-what-you-need-to-know\/\">invest in fractional shares<\/a>. Investors can buy shares of companies they believe in for as little as $1 and set up recurring investments to automatically purchase more shares on a schedule. This feature allows users to diversify their portfolios and invest in high-priced stocks without needing to buy whole shares.<\/p>\n\n\n\n<h2 id=\"h-alternative-to-webull-questrade\" class=\"wp-block-heading\">Alternative to Webull : Questrade<\/h2>\n\n\n\n<div class=\"wp-block-affiliate-plugin-lasso\">\t\t<div class=\"relative p-10 rounded-sm shadow-(--shadow) !my-20  md:max-w-[900px] md:mx-auto\">\n\t\t\t\t\t\t\t<span class=\"absolute left-3 right-3 sm:right-auto bottom-full bg-primary-dark text-white text-center text-sm md:text-base font-medium py-2 px-8 rounded-t-lg w-content mx-auto\">\n\t\t\t\t\tDISCOVER QUESTRADE\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<div class=\"md:flex gap-20 items-center\">\n\t\t\t\t<div class=\"shrink-0 md:w-1\/3 flex flex-col items-center justify-center\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/5f4fc05628fd745eadb16a7e_offer_brokerage_account\" alt=\"Offer Image\" class=\"!my-0 mx-auto\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"text-center md:text-left\">\n\t\t\t\t\t<span class=\"font-medium text-xl md:text-2xl block mb-10\">Questrade<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"font-regular\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p>Open a new investment account with Questrade and get 50$ cash back. Use code: Hardbacon.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t<a href=\"https:\/\/questrade.sjv.io\/XYrM7X\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline hidden md:block mt-10 w-fit mx-auto\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"text-center md:hidden mt-8\">\n\t\t\t\t<a href=\"https:\/\/questrade.sjv.io\/XYrM7X\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/questrade.sjv.io\/XYrM7X\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Questrade<\/a> is one of <a data-lasso-id=\"285366\" href=\"https:\/\/hardbacon.ca\/en\/investing\/best-online-brokers-canada\/\">the best online brokers in Canada<\/a> that has been serving the Canadian markets for over 22 years. It offers way more products and accounts than Webull, including most registered accounts, Forex, CDFs and options. Accounts like a <a data-lasso-id=\"285368\" href=\"https:\/\/hardbacon.ca\/en\/investing\/guide-to-rrsp-in-canada\/\">Registered Retirement Savings Plan<\/a> (RRSP), a <a data-lasso-id=\"285370\" href=\"https:\/\/hardbacon.ca\/en\/mortgage\/fhsa\/\">Tax-Free First Home Savings Account<\/a> (FHSA) and Tax-Free Savings Account (TFSA) are available for tax-efficient investing, maximizing returns. However, there are minimum deposits on certain accounts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In terms of trading fees, Questrade offers competitive pricing. For stock trading, pricing can be as low as 1\u00a2 per share, with a minimum order fee of $4.95 and a maximum of $9.95 per order. ETF purchases have no fees, and short-selling ETFs incurs a low fee of 1\u00a2 per share, again with a minimum order fee of $4.95 and a maximum of $9.95 per order. <a data-lasso-id=\"285367\" href=\"https:\/\/hardbacon.ca\/en\/investing\/options-vs-stocks\/\">Options trading<\/a> is slightly more expensive at $9.95 per order plus an additional $1 per contract.<\/p>\n\n\n\n<h2 id=\"h-alternative-to-webull-qtrade\" class=\"wp-block-heading\">Alternative to Webull: Qtrade<\/h2>\n\n\n\n<div class=\"wp-block-affiliate-plugin-lasso\">\t\t<div class=\"relative p-10 rounded-sm shadow-(--shadow) !my-20  md:max-w-[900px] md:mx-auto\">\n\t\t\t\t\t\t\t<span class=\"absolute left-3 right-3 sm:right-auto bottom-full bg-primary-dark text-white text-center text-sm md:text-base font-medium py-2 px-8 rounded-t-lg w-content mx-auto\">\n\t\t\t\t\tGet up to $250 cashback \t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<div class=\"md:flex gap-20 items-center\">\n\t\t\t\t<div class=\"shrink-0 md:w-1\/3 flex flex-col items-center justify-center\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/5f53bcff863fd264d0c38120_offer_brokerage_account\" alt=\"Offer Image\" class=\"!my-0 mx-auto\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"text-center md:text-left\">\n\t\t\t\t\t<span class=\"font-medium text-xl md:text-2xl block mb-10\">Qtrade Direct Investing<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"font-regular\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p>Get $250 cash back when you invest a minimum of $1,000\u202f. Use promo code CASHBACK26 when applying<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t<a href=\"https:\/\/www.qtrade.ca\/en\/investor\/offers\/affiliates.html?partner=hardbacon\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline hidden md:block mt-10 w-fit mx-auto\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"text-center md:hidden mt-8\">\n\t\t\t\t<a href=\"https:\/\/www.qtrade.ca\/en\/investor\/offers\/affiliates.html?partner=hardbacon\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.qtrade.ca\/en\/investor\/offers\/affiliates.html?partner=hardbacon\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Qtrade<\/a> is an excellent alternative to Webull for long-term investing in Canada for several compelling reasons. One of Qtrade&#8217;s standout features is its array of industry-leading portfolio analytics tools designed to empower investors. Users can build, evaluate, and test their portfolios with ease and confidence. These robust calculators and tools help investors identify opportunities and make informed decisions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Qtrade also offers extensive learning resources, including articles, FAQs, how-to guides, and videos. This wealth of information equips investors with the knowledge they need to make informed decisions and navigate the world of investing effectively. Another advantage of Qtrade is its lack of minimum funding requirements. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re a Canadian investor looking for new trading platforms, you might have heard about Webull. With its sleek design and advanced features, it&#8217;s no wonder many people were eager to use it in Canada. Since the beginning of 2024, Webull is available to Canadians, so I&#8217;ve decided to try it. In this article, I&#8217;ll [&hellip;]<\/p>\n","protected":false},"author":52,"featured_media":71033,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[193,212],"tags":[],"class_list":["post-44521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","category-online-broker"],"acf":{"has_no_offer_box":"1"},"_links":{"self":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts\/44521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/comments?post=44521"}],"version-history":[{"count":0,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts\/44521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/media\/71033"}],"wp:attachment":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/media?parent=44521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/categories?post=44521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/tags?post=44521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}