Newton vs Shakepay
- Comparing
- two exchanges
- Decided by
- Editorial rating
- Last reviewed
- 2026-08-23
Toronto platform advertising no commission, with the real cost carried in a spread that tightens as you trade more.
Montreal app with Investment Dealer registration and a deliberately tiny asset list, priced through a spread rather than a visible fee.
Verdict: Shakepay
Shakepay rates higher on our rubric: 4.1 against 4.0 for Newton.
- Criterion
- Editorial rating
- Newton
- 4.0
- Shakepay
- 4.1
Newton and Shakepay, fact by fact
Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.
| Fact | Newton | Shakepay |
|---|---|---|
| Editorial rating | 4.0 | 4.1 (favoured on this row) |
| Published fees | No commission, 0.7-1.6% spread | No fee shown, ~1.5-2% spread |
| Maker fee | Not published | Not published |
| Taker fee | Not published | Not published |
| Identity verification | Required | Required |
| Bitcoin-only | No | No |
| Payment rails supported | 2 | 2 |
| Countries ranked in | 1 | 1 |
| Ranks first in | 0 | 0 |
| Countries shared | 1 | 1 |
| Security record | No record on file | No record on file |
| Founded | 2018 | 2015 |
| Headquarters | Toronto, Ontario, Canada | Montreal, Quebec, Canada |
| Last reviewed | 2026-08-23 | 2026-08-23 |
Where both Newton and Shakepay are ranked
Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.
| Country | Status | Newton ranks | Shakepay ranks | Comparison |
|---|---|---|---|---|
| Canada | Legal | #6 | #4 |
CanadaFrequently asked questions
Is Newton or Shakepay better?
Shakepay rates higher on our rubric: 4.1 against 4.0 for Newton. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.
Which is cheaper, Newton or Shakepay?
Newton: No commission, 0.7-1.6% spread. Shakepay: No fee shown, ~1.5-2% spread. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.
Where can I use both Newton and Shakepay?
Both are ranked in our guides for Canada. Newton is ranked in 1 countries in all and Shakepay in 1; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.
Has Newton or Shakepay had a security incident?
Newton carries no dated security record on our review yet, a gap in our records rather than a clean bill. Shakepay carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.
Do Newton and Shakepay require ID verification?
Newton: required. Shakepay: required.
The full reviews: Newton and Shakepay, each with its sources, and every exchange we review.
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