shouldiuse.io

Comparison

Justwealth vs Questrade

Justwealth lands on Depends, and Questrade lands on Worth it.

Justwealth versus Questrade
CompareJustwealthQuestrade
VerdictDependsWorth it
Best forHands-off Canadian investorsCanadian self-directed investors
Who it's not forDIY index investors happy buying ETFs themselvesUS-based investors . this serves Canadians
PrivacyNo known public vulnerabilities found in the sources reviewed.14No confirmed public vulnerabilities found; an unverified Reddit breach allegation and one client cyber-loss case exist; the money-loss guarantee has stated limits.
Support qualityHuman-led claimed; Reddit users still comparison-shopDedicated Trustpilot complaint page; Reddit venting threads
Public sentimentReddit users frequently compare Justwealth against Wealthsimple, Questrade, and Modern Advisor, especially for RESP and RRSP accounts.⁶DIY investors on Reddit stay for years for the low fees, while Trustpilot reviews skew negative on customer service.
Biggest gotchaMinimum monthly fee makes small balances pricier than the headline rate suggests⁵Money-loss guarantee covers unauthorized activity only . one client reportedly lost $70,000 in a cyber attack.

Pick Justwealth when

  • Hands-off Canadian investors
  • RESP savers
  • Mutual-fund refugees from big banks
  • RRSP/TFSA long-term savers

When Justwealth is not a fit

  • DIY index investors happy buying ETFs themselves
  • Anyone wanting crypto or stock-picking exposure
  • Non-Canadians
  • Very small balances where the minimum monthly fee bites

Pick Questrade when

  • Canadian self-directed investors
  • Passive ETF investors
  • TFSA/RRSP/FHSA/RESP savers
  • Cost-conscious options traders

When Questrade is not a fit

  • US-based investors . this serves Canadians
  • Anyone needing responsive, reliable customer support
  • Beginners wanting the simplest app (Wealthsimple fits better)
  • Investors expecting cyber-loss protection in every scenario

Sources

  1. Justwealth homepagejustwealth.com
    official
  2. Justwealth Pricingjustwealth.com
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  3. review
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  8. review
  9. review
  10. news
  11. official
  12. official
  13. ESG Portfoliosjustwealth.com
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  14. Justwealth FAQsjustwealth.com
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  15. official
  16. security