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

Broker Name

TD Direct Investing

TD Direct Investing

VS
AvaTrade

AvaTrade

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Broker Overview

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

None

Market maker

Years of Existence / Established Year

1984

2006

Customer Base / Number of Accounts

17 M

4 Million


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Regulation & Security

Regulations (governing bodies)

CIPF, CIRO

FFAJ, CySEC, ISA, IIROC, ADGM, FSRA, CBI,BVI FSC, FSCA, ASIC

Awards Won (count for the last 2 years)

No major awards listed

Best Forex Trading App in Europe- 2024, Best Affiliate program LATAM -2024, Most Trusted Trading Platform -2024, Most Trusted Broker -2024, Top 10 Hot Brand of the year -2024

Security Measures

CIPF

Avaprotect

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

1000+ trading instruments

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

No

No

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

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

Ava trade app

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

Retail, standard, and professional

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$100

Leverage Available

No

1:10 to 1:400

Trade Limit (maximum per trade)

Depends on asset types

Depends on the asset type

Commission (per account type)

NA

$0

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

Beginners and experienced traders

Beginners to experienced


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Deposit & Withdrawal Options

Deposit Methods

Direct bank account, Check

Credit card, debit card, wire transfer, and e-wallets

Withdrawal Methods

SWIP, Wire payment

Credit card, debit card, wire transfer, and e-wallets

Other E-Wallets Supported

No

Skrill, Neteller, WebMoney,


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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

Trading platform tutorials, Trading rules, Webniars, Blogs, Trading online strategies


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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

Spread: 0.9 pips

Spread (typical, fixed, variable)

NA

Typical

Per Lot Fees

NA

NA

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

1:400


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Non-Trading Fees

Dormant Fees

NA

$50 inactive for 3 month

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2-$5

NA

Account Opening Fee

Applicable, Depends on account types

$0

Account Maintenance Fee

$25 per quarter

NA

Deposit Fee

$17.50 U.S

$0

Currency Conversion Fee

2.50%

NA

Withdrawal Fee

$30-$100

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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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)

Sunday Night (GMT) until Friday night (GMT)


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Customer Support

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

Monday to Friday, 7 am to 10 pm ET

24/7

Customer Support Methods (phone, email, live chat)

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

Phone: +1 212 9419609, E-mail upon request , Live chat

Support Languages

4

14+


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Additional Information

Headquarters Location

66 Wellington Street West, Toronto, ON M5K 1A2

Five Lamps Place Amien Street Dublin 1, IE

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.
While TD Direct Investing maintains low trading fees with no minimum deposit, AvaTrade includes some charges for premium features and certain asset trades, making TD Direct Investing the better option for budget-focused traders.
If speed and simplicity matter to you, TD Direct Investing delivers a streamlined account setup. In contrast, AvaTrade includes more documentation and KYC checks, which can delay access but ensures strong compliance.
TD Direct Investing integrates well with algorithmic trading tools and third-party plugins. In contrast, AvaTrade emphasizes educational content and built-in research features within its platform.
For market veterans, TD Direct Investing brings the tools they need. New investors might find AvaTrade more approachable and cost-effective.

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