Updated September 29, 2026 · BrokerCue Editorial Team
quantfury vs Wealthsimple
Where quantfury and Wealthsimple differ
| Compare |  quantfury |  Wealthsimple |
|---|---|---|
| Stock trade fee | $0 | CA$0 |
| Account fee | $0 | CA$0 |
| Markets | Stocks, ETFs, Forex, Futures, Crypto | Stocks, ETFs, Options, Crypto, Futures |
| Margin rate | 0%Lower | 3.95% |
| Interest on cash | 4.5%Higher | 1.25% |
| Minimum deposit | Not confirmed | CA$0 |
| Regulators | Financial Conduct Authority (FCA), Securities Commission of The Bahamas, SEC and FINRA, Financial Superintendence of Colombia (SFC) | Not confirmed |
| Investor protection | FSCS up to GBP 85,000 | Not confirmed |
| Options contract fee | Not confirmed | CA$0 |
| Platforms | Web Platform, Mobile App | Not confirmed |
| Account types | Not confirmed | Joint, Corporate |
| Maximum retail leverage | 20x trading power | Not confirmed |
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Key differences
- Wealthsimple scores higher overall: 9.4 vs 9.3.
- Margin rate is lower at quantfury: 0% vs 3.95%.
- Markets: only quantfury offers Forex.
- Markets: only Wealthsimple offers Options.
- Interest on cash is higher at quantfury: 4.5% vs 1.25%.
- Support channels: only Wealthsimple offers Chat, Email, Phone.
- Features: only Wealthsimple offers Fractional shares.
Our verdict on each
quantfury
Quantfury suits traders who want commission-free dealing across stocks, ETFs, forex, futures and crypto, and who are happy to self-serve. The stock trade fee is $0 and the account fee is $0, both of which rank at the top of our data.
Wealthsimple
Wealthsimple serves Canadian beginners and experienced investors who want self-directed trading and managed portfolios in a single app. The minimum deposit is CAD 0, the stock trade fee is CAD 0 and the account fee is CAD 0, while the UK is not among its markets (stocks, etfs and options).
Score breakdown
| Area | quantfury | Wealthsimple |
|---|---|---|
| Cost | 9.5 | 9.6HigherMinimum deposit of CAD 0, stock trade fee of CAD 0, options contract fee of CAD 0 and account fee of CAD 0. |
| Offer | 9.1Commission-free model, stock trade fee of $0 and account fee of $0 | 9.2HigherManaged portfolios charge 0.5% and start at CAD 1, with cash earning 1.25%. |
| Trust | 9.1 | Not confirmed |
Availability and regulation
| Country | quantfury | Wealthsimple |
|---|---|---|
| Bahamas | Securities Commission of The Bahamas SIA-F204 | Not confirmed |
| Colombia | Financial Superintendence of Colombia (SFC) Resolution 2287 of 2024 | Not confirmed |
| United Kingdom | Not confirmed | |
| United States | SEC and FINRA CRD#: 318437/SEC#: 8-70934 | Not confirmed |
How they place
| Ranking | quantfury | Wealthsimple |
|---|---|---|
| Stock and ETF brokers | 68 of 490 | 53 of 490 |
| Futures trading platforms | 18 of 83 | 13 of 83 |
| Margin trading brokers | 12 of 22 | 8 of 22 |
Every fact side by side
| Fact | quantfury | Wealthsimple |
|---|---|---|
| Features | Crypto, Mobile app | Crypto, Fractional shares, Mobile appCovers more |
| Pricing model | Commission free | Commission free |
| Audience | Not confirmed | Beginners, Experienced |
| Legal entity | Quantfury Trading UK Limited | Wealthsimple Technologies Inc. |
| Headquarters | Not confirmed | Canada |
| Founded | 2017 | Not confirmed |
| Support channels | Help centre | Chat, Email, Phone, Help centreCovers more |
Robo-advisors
| Fact | quantfury | Wealthsimple |
|---|---|---|
| Management fee | Not confirmed | 0.5% |
| Minimum investment | Not confirmed | CA$1 |
| Portfolio types | Not confirmed | ETF, Cash, Crypto |
Where each stands against the rest
| Fact | quantfury | Wealthsimple | Median |
|---|---|---|---|
| Margin rate | 0%lowest quarter | 3.95%lowest quarter | 8.79% |
| Options contract fee | Not confirmed | CA$0below the median | CA$0.90 |
| Interest on cash | 4.5%highest quarter | 1.25%lowest quarter | 3% |
Median across 34 listed brokers.
Pros and cons
quantfury
Pros
- Stock trade fee of $0 ranks 1 of 161 brands in our data
- Account fee of $0 ranks 1 of 138 brands on our data
- Commission-free model on commission free for stocks, ETFs, forex, futures and crypto
Cons
- Support runs on help centre only, so questions about money and positions go through articles rather than a live team
- Margin is charged at 0%, but leverage up to 20x trading power magnifies how fast a losing position can grow
- The market list in stocks, etfs and forex stops short of the CFD and metal ranges that peers such as eToro and Vantage carry
Wealthsimple
Pros
- Stock trade fee of CAD 0 on a commission-free model across self-directed accounts
- Minimum deposit of CAD 0, so an account opens with a small sum
- Managed portfolios charge a management fee of 0.5% and start at CAD 1
Cons
- The UK and Europe are not among its markets (stocks, etfs and options), so a reader there would need a different broker
- Managed portfolios carry a management fee of 0.5% on top of CAD 0 self-directed trades
- Margin is available at a margin rate of 3.95%, which amplifies losses on a levered position
Who each suits
quantfury
Who it suits
- Traders who pay a commission per trade elsewhere and want that cost gone
- Investors who keep cash on the platform and want it to earn 4.5%
- Crypto holders who want spot, not leveraged derivatives, alongside equities
Who should look elsewhere
- Anyone who needs a human support line, since support runs on help centre
- Forex traders who need metals or CFDs, missing from stocks, etfs and forex
Wealthsimple
Who it suits
- Canadian beginners putting money away in a managed portfolio
- Canadian investors buying fractional shares in a mobile app
- Experienced traders wanting stocks, ETFs, options, crypto and futures in a single account
Who should look elsewhere
- UK or EU readers, who should look at CFI, eToro or Vantage instead
- Traders who want a forex and CFD range, since stocks, etfs and options omits both
- Anyone seeking an ISA, SIPP or similar tax-sheltered wrapper, since neither is among its account types (joint and corporate)
Questions about each
quantfury
What does it cost to trade stocks on Quantfury?+
The stock trade fee is $0 and the account fee is $0, under a commission-free model. In our data the trade fee ranks 1 of 161 brands and the account fee 1 of 138. Uninvested cash earns 4.5%, so holding a balance is not a drag.
Is my money protected if Quantfury fails?+
UK clients are covered by the Financial Conduct Authority licence 577611 and sit under the FSCS, with investor protection of FSCS up to GBP 85,000. Clients in the Bahamas, the US and Colombia are covered under their own regulators instead, under SIA-F204, CRD#: 318437/SEC#: 8-70934 and Resolution 2287 of 2024.
Wealthsimple
What does it cost to trade stocks at Wealthsimple?+
The stock trade fee is CAD 0 and the account fee is CAD 0. Options contracts carry a fee of CAD 0. Cash earns interest of 1.25%. Managed portfolios are the part that still charges, at a management fee of 0.5%.
Is there a minimum deposit or account fee?+
The minimum deposit is CAD 0 and the account fee is CAD 0, so opening an account costs nothing. Managed portfolios ask for a minimum investment of CAD 1. Brands across the site typically ask €4.64 to start.
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