CIBC Investor's Edge
Transfer your investments to CIBC Investor's Edge and get rewarded with an offer of up to $3,000.
- ✓$6.95 flat-rate commissions
- ✓Backed by Big Five bank security
- ✓Transfer bonus offer up to $3,000
If you are managing your own investments through a discount brokerage, you may be spending a good amount of time on the brokerage’s mobile application.
In a survey by Investment Executive, 64% of discount brokerage clients indicated that they do not use the mobile app offered by their firm, and only 31% completely understand their firm’s mobile services.
For investors that are frequent mobile app users, the quality of the platform may be a key concern before choosing a discount broker.
We will provide a Questrade mobile app review below and outline the application’s major features as well as how clients rate their experiences.
[affiliatable id='131912']
Pros
- View transaction history
- Move money across accounts
- Place stock, ETF, and options trades in real-time
- Simple interface
Cons
- Long loading times
- Difficult-to-read charts
- Constant crashing
- Log-in issues
What is the Questrade Mobile App?
Questrade’s mobile app allows you to access the brokerage through your phone. It aims to provide most of the functionality of the platform’s web portal. The application is available through both the Apple App Store as well as on the Google Play Store.
Questrade Trading Fees

The trading commissions on the Questrade App are the same as anywhere else on the platform.
Standard commissions at Questrade are:
-
Stocks: 1 cent per share, with a minimum cost of $4.95 per trade and a maximum cost of $9.95 per trade
-
ETFs: Buy for free, Sell for 1 cent per unit, with a minimum cost of $4.95 per trade and a maximum cost of $9.95 per trade
-
Options: Buy or Sell for $9.95 per trade plus $1 per options contract
-
Mutual Funds: $9.95 per trade
Purchasing an Advanced US or Canadian Streaming package (for $89.95 US or Canadian per month) unlocks active trader pricing. These lower trading costs are broken down into a fixed or a variable plan.
Fixed Plan
-
Stocks: $4.95 per trade flat fee
-
Options: $4.95 per trade plus $0.75 per contract
-
ETFs: Buy for Free, Sell for $4.95 per trade
Variable Plan
-
Stocks: 1 cent per share, with a minimum cost of $0.01 and a maximum cost of $6.95
-
Options: $6.95 per trade plus $0.75 per contract
-
ETFs: Buy for Free, Sell for 1 cent per share, with a minimum cost of $0.01 and a maximum cost of $6.95
Questrade compares favourably in terms of cost to major bank discount brokerages that charge significantly higher fees per trade. Questrade’s trade commissions are relatively high when compared to cost leaders in the brokerage space, namely:
-
Wealthsimple Trade
-
Interactive Brokers
-
National Bank Direct Brokerage
Questrade App Features

Questrade’s mobile application allows you to do several things. Clients can use the mobile app for all-in-one account management and trading. Outside of regular trades, the platform also supports more complex trades, such as multi-leg option strategy orders.

The mobile app offers clients some built-in research from sources such as Trading Central and TipRanks. This is made available under the platform’s News tab.
Investors can use the app to look up stock symbols or ETFs and get the latest prices by clicking on the snap quote button. Watchlists are also easy to create, which allows clients to easily stay up-to-date on investments that interest them the most.

Whether Questrade’s mobile app can replace the desktop platform depends on how you choose to invest. While the application offers a simple way to trade, you will have more in-depth experience trading on a desktop.
Questrade App: Customer Reviews
Questrade’s mobile application has fairly poor reviews on both the Apple App Store as well as the Google Play Store. It may be the case that users are only leaving reviews when they are unsatisfied with the platform, although errors with the app seem to be fairly common.
Questrade App on the Google Play Store
The application on the Google Play Store has a rating of 2.1 stars out of 5, with 2,650 reviews currently submitted. The application has over 500,000 downloads.

The majority of reviews give the application a 1-star rating. Critics are fairly polarized, with fewer reviews of 2 or 4 stars.

Reviews outline that the application takes a long time to load and frequently crashes. The application’s fingerprint feature also seems to have issues when verifying users. A lot of users also mention that the application has crashed in the past, especially when there is a lot of user activity (due to market events).
Questrade App on the Apple App Store
Questrade’s mobile application has even lower reviews on the Apple App Store. Here, the application has an average of 1.7 stars out of 5, with approximately 2,000 reviews currently submitted.

Reviews here mention that the application logs you out automatically after a short period of inactivity (possibly a security feature). Other users have complained about the application’s lack of usability and updates to fix common bugs. Some users have gone as far as to use different platforms to check investment prices and only use the mobile application for placing buy or sell orders.
From a user experience perspective, Questrade’s mobile app is poorly received by both iOS and Android users. If you are looking for a well-received discount brokerage application, consider Qtrade.
Qtrade consistently wins awards for its platform and brokerage, and signing up for an account is very straightforward.
Questrade Vs Other Discount Brokerages: Do they have an App?
Questrade Vs Wealthsimple Trade
Wealthsimple Trade is currently one of the cost leaders of discount brokerages in Canada. It also offers investors on both Android and iOS a mobile application.
Wealthsimple Trade’s mobile app has much higher reviews than Questrade’s. It has a 4.7-star review average on the Apple App Store (123,500 reviews) and a 4.3-star review average on Google Play Store (65,200 reviews).
You can open a Wealthsimple Trade account by clicking here.
Questrade Vs Interactive Brokers
Interactive Brokers is another discount brokerage that is widely used in Canada by seasoned investors and traders. Interactive Brokers’ more complex platform may seem intimidating for newer investors.
Interactive Brokers’ mobile app also has higher reviews than Questrade’s. It has a 3.0-star review average on the Apple App Store (1,500 reviews) and a 4.2-star review average on Google Play Store (9,060 reviews).
You can open an Interactive Brokers account by clicking here.
Our Final Verdict

Although Questrade offers Canadians a competitive platform (especially against major bank discount brokerages), the brokerage’s mobile application comes with many bugs and issues.
Since Questrade is not one of the Canadian cost leaders when it comes to discount brokerage trade commissions, the poor app reviews make it difficult to recommend the platform.
Peers exist that have lower fees and costs as well as a more highly rated mobile application.
If you are looking to explore Canadian discount brokerages further, make sure to read our comprehensive guide on the best online trading platforms in Canada.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Stocks tool
Check Canadian stock movers
See the latest TSX and TSXV winners and losers before digging deeper into a sector.
Research hub
Browse Canadian stock research
Use the stock section to jump from a theme article into individual company pages.
Diversification
Compare stocks with ETF options
If you want exposure to a theme without single-stock risk, screen matching ETFs instead.
Advertisement
7 stocks to buy and hold forever
Proven winners for income investors — blue-chip dividend stocks to hold for decades.
Get the FREE Report
Christopher Liew, CFA, CFP®
Christopher is the founder of Blueprint Financial and a CTV News personal finance columnist. As a dual-designated CFA charterholder and Certified Financial Planner (CFP®), he helps Canadians reduce financial stress through clear, customized financial plans.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.