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TD Direct Investing vs Admiral Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

TD Direct Investing

TD Direct Investing

VS
Admiral Markets

Admiral Markets

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

None

STP

Years of Existence / Established Year

1984

2001

Customer Base / Number of Accounts

17 M

Info not available


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Regulation & Security

Regulations (governing bodies)

CIPF, CIRO

FCA, CySEC, JSC, FSCA, FSA

Awards Won (count for the last 2 years)

No major awards listed

No major awards listed

Security Measures

CIPF

FSCS, ICF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Fixed income investments, GICs

6900+

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

No

Futures

No

No

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

No

No

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

TD app, web trader, Advanced dashboard, TD active trader

Admirals proprietary platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Margin account, cash trading account, TFSA, RSP, RESP, RIF, LIRA, LIF, RDSP

Trade.MT4 Trade.MT5 Invest.MT5 Zero.MT4 Zero.MT5

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$25

Leverage Available

No

1:2 to 1:1000

Trade Limit (maximum per trade)

Depends on asset types

Varies by instrument

Commission (per account type)

NA

Starts from $0.02/ share

Best Suited For (e.g., beginners, experienced traders)

Beginners and experienced traders

Beginners & experienced


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Deposit & Withdrawal Options

Deposit Methods

Direct bank account, Check

Visa, MasterCard, bank transfer

Withdrawal Methods

SWIP, Wire payment

Visa, MasterCard, bank transfer

Other E-Wallets Supported

No

Skrill, Neteller, Crypto


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learning Centre - Investing Education, Market Insights and Analysis, Webinars, Investing Guides, Video Tutorials, TD Direct Investing Community Forum

Forex and CFD webinars Article and video tutorials Traders glossary eBooks


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Fees & Commissions

Trading-Related Fees

Commission -mutual funds- $0 , IPOs, Equities- $7.00- $9.99, Stock - $3- $43, Bonds- $40 + $1.50/1,000

Forex : $1.8 to $3.0 per 0.1 lot, Stock & ETFs: Starts from $ 0.02 per share, Indices : Starts from $ 0.05 to $3.0 per share, Energies: Starts from $1 per lot CFDs on stocks- 6 free trades each day, USD 0.02CFDs on ETFs- USD 0.02

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

Start $3.00 per 1.0 lots per side

Options Contract Fees

$9.99 + $1.25 per contract

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

1:1000


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Non-Trading Fees

Dormant Fees

NA

10 EUR per month

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

Info not available

Statement or Document Fee

$2-$5

$0

Account Opening Fee

Applicable, Depends on account types

$0

Account Maintenance Fee

$25 per quarter

$0

Deposit Fee

$17.50 U.S

$0

Currency Conversion Fee

2.50%

0.30%

Withdrawal Fee

$30-$100

One free withdrawal every month, thereafter 3%


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Pre-market trading hours (8 a.m. to 9:30 a.m. ET) and after-hours trading (4 p.m. to 8 p.m. ET)

Depends on the assets type


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

Monday to Friday, 7 am to 10 pm ET

24-5

Customer Support Methods (phone, email, live chat)

Phone: 1-800-465-5463, , Book an appointment

E-mail: [email protected] Phone: +372 6 309 300 Live chat

Support Languages

4

15+


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Additional Information

Headquarters Location

66 Wellington Street West, Toronto, ON M5K 1A2

Tallinn, Estonia

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
TD Direct Investing is known for competitive pricing on basic trades, especially for beginners. However, Admiral Markets fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
If speed and simplicity matter to you, TD Direct Investing delivers a streamlined account setup. In contrast, Admiral Markets includes more documentation and KYC checks, which can delay access but ensures strong compliance.
The trading interface of TD Direct Investing is known for its speed and ease-of-use, while Admiral Markets shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
TD Direct Investing supports complex strategies and asset diversity, while Admiral Markets offers clarity and low-cost access for long-term holders.