Select Your Brokers to Compare
EC Markets vs Questrade : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
EC Markets
Questrade
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
ECN
Years of Existence / Established Year
2011
1999
Customer Base / Number of Accounts
No information
Info not available
Regulation & Security
Regulations (governing bodies)
FSA,FCA, FSC
CIRO
Awards Won (count for the last 2 years)
Best Trading Liquidity Award, Best Customer Awards
DALBAR seal of service excellence in 2024 for the 6th consecutive year Canada's #1 rated online broker by MoneySense
Security Measures
FSCS
CIPF
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
No
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
150+
GICs IPOs
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
No
Yes
ETFs
No
Yes
Stocks
No
Yes
Options
No
Yes
Futures
No
No
Bonds
No
Yes
Mutual Funds
No
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
No
MT5
Yes
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
No
All-in-One Platforms Questrade Trading Quest MobileAdvanced Trading Platforms Questrade Edge Mobile Questrade Edge Questrade Global
Platform Compatibility (Windows, Mac, iOS, Android)
Yes except Mac
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Standard and ECN accounts
Tax-Free Savings Account - TFSA Registered Retirement Savings Plan - RRSP First Home Savings Account - FHSA Registered Education Savings Plan - RESP
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$10
$250
Leverage Available
200:1 to 500:1
NA
Trade Limit (maximum per trade)
Unlimited
Varies by instrument
Commission (per account type)
$0 for standard account, $5 per lot per side for ECN account
Casual Traders (Basic) Stocks - $4.95 to $9.95 Options - $9.95 + $1 / contract ETFs - Free(sell 1c/share min $4.95 to max $9.95)Options and day traders (Fixed) Stocks - $4.95 to $9.95 Options - $4.95 + $0.75 / contract ETFs - Free (sell for $4.95 per trade)Volume traders (Variable) Stocks - $4.95 to $9.95 (min $0.01 to max $6.95) Options - $6.95 + $0.75 / contract ETFs - Buy for free (sell 1c/share min $4.95 to max $9.95)
Best Suited For (e.g., beginners, experienced traders)
Both beginners and experienced traders
Beginners
Deposit & Withdrawal Options
Deposit Methods
Union Pay, OCT 365, Swift wire transfer, Indonesia bank ATM, Bank Transfer Malaysia, THAI QR payment,e-wallets
Instant deposit (Visa & Interac Debit cards) - CAD only Online banking bill payment - CAD only Pre-authorized deposit - CAD & USD Transfers from other brokers - CAD & USD Wire transfer - CAD & USD Non-certified cheque - CAD & USD Stock certificate
Withdrawal Methods
Union Pay, OCT 365, Swift wire transfer, Indonesia bank ATM, Bank Transfer Malaysia, THAI QR payment, e-wallets
EFTs (CAD or USD) Wire transfers (CAD or USD)
Other E-Wallets Supported
VN pay, PoLi.
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market Analysis, Webinars, eBooks and Guides, Video Tutorials, MT4 Indicator Plugin
TradingView TipRanks OptionsPlay Multileg options trading
Fees & Commissions
Trading-Related Fees
Spread for Std account: Starts from 1.0 pip, Spread for ECN accounts: Starts from 0.0 pips
Stocks 1C / share (min $4.95 to max $9.95) ETFs Buy Free. Sell 1C / share (min $4.95 to max $9.95) Mutual funds - $9.95 per trade International equities - 1% of trade value Precious metals - $19.95 / trade Notes & debentures - $0.10 per $1,000 par value FX & CFDs - pips as low as 0.08
Spread (typical, fixed, variable)
Variable
Fixed
Per Lot Fees
$5
$1 per contract for options
Options Contract Fees
NA
$9.95 + $1 / contract
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
500:1
NA
Non-Trading Fees
Dormant Fees
NA
$0
Subscription Fees (for premium features, data feeds)
NA
$0
Advisory Fees
NA
$0
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
estatement - free Copy of statement - $20 Unclaimed property - $29.95 per quarter Regular mail - $10
Account Opening Fee
NA
$0
Account Maintenance Fee
NA
Portfolio fees 0.25% with a balance of $1000 - $99,999 0.20% with a balance of $100,000+
Deposit Fee
$0
CAD EFT upto $50,000 - free USD EFT upto $25,000 - free CAD Wire transfer - $20 USD wire transfer - $30 International wire transfer - $40
Currency Conversion Fee
NA
1.50%
Withdrawal Fee
$0 bank fees may apply
EFTs - Free Wire transfer - $20 CAD for CAD wire $30 USD for USD wire $40 USD/CAD for international wires
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
No
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by asset type
North Americal Stock Markets 9:30am to 4pm ET Pre-market hours - 7am to 9:30am Post-market hours - 4pm to 8pm
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24x5
Customer Support Methods (phone, email, live chat)
Phone: +248 422 4099, E-mail: [email protected], Live chat
Toll-free Canada - 1.866.980.9590 From US - 1.416.227.6911FX & CFDs Chat hours: Monday - Thursday 8:3-am to 8pm EST, Friday 8:30am to 5:30pm EST Ph: 416.227.6913 Toll-free Canada - 1.866.980.9591
Support Languages
23
2
Additional Information
Headquarters Location
3rd Floor, 30 City Road, London, United Kingdom, EC1Y 2AY.
Toronto, Ontario Canada
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
Yes