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

Broker Name

EToro

TD Direct Investing

Broker Overview

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

Market maker

None

Years of Existence / Established Year

2007

1984

Customer Base / Number of Accounts

20 Million

17 M

Regulation & Security

Regulations (governing bodies)

FCA, CySEC, MFSA, ADGM, ASIC, FSA, FINRA, SEC

CIPF, CIRO

Awards Won (count for the last 2 years)

Best Cryptocurrency Platforms by Good Money guide awards

No major awards listed

Security Measures

AML, ICF

CIPF

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5545+ stocks

Fixed income investments, GICs

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Web trading and Mobile trading apps

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

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Professional, Retail or Personal account, Corporate account

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

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$50.00

Leverage Available

1:2 to 1:30

Trade Limit (maximum per trade)

Depends on the assets class

Depends on asset types

Commission (per account type)

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

Beginners

Beginners and experienced traders

Deposit & Withdrawal Options

Deposit Methods

Debit card, Online banking, Wire transfer, e-Wallets

Direct bank account, Check

Withdrawal Methods

Debit card, Online banking, Wire transfer, e-Wallets

SWIP, Wire payment

Other E-Wallets Supported

PayPal

Tools & Educational Resources

Economic Calendar

Yes

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

eToro Guides and eBooks, Crypto and Trading Courses, Trading Academy, Market News and Analysis, Webinars

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

Fees & Commissions

Trading-Related Fees

Stocks- $1 or $2, Commission- $0, ETFs-$0, Spread-0, Crypto-2% of the transaction size; Minimum: $1 to Maximum: $100, CFD(Stocks and EFTs)- 0.15%, Crypto CFDs: 1%

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

Spread (typical, fixed, variable)

Fixed

Per Lot Fees

Options Contract Fees

$9.99 + $1.25 per contract

Futures Contract Fees

Markup Fees on Spread

1% for both opening and closing a position

Guaranteed Stop Loss Fees

Maximum Leverage

30:1

Non-Trading Fees

Dormant Fees

$10/month after 12 months of inactivity

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Statement or Document Fee

$2-$5

Account Opening Fee

Applicable, Depends on account types

Account Maintenance Fee

$25 per quarter

Deposit Fee

$17.50 U.S

Currency Conversion Fee

0.75%

2.50%

Withdrawal Fee

$5 fee for withdrawals to external accounts

$30-$100

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

9:30am ET until 4pm during normal business days

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)

Customer Support

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

24/7

Monday to Friday, 7 am to 10 pm ET

Customer Support Methods (phone, email, live chat)

Chatbot, Live chat, Ticket

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

Support Languages

19+

Additional Information

Headquarters Location

4th floor, One Canada Square Canary Wharf London, E14 5AB United Kingdom

66 Wellington Street West, Toronto, ON M5K 1A2

Complaints (for crypto brokers)

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.

Both eToro and TD Direct Investing offer affordable fee structures, but eToro generally edges out with no inactivity fees and lower commissions on standard trades, whereas TD Direct Investing shines with bundled research and platform access.

The account creation flow at eToro is modern and app-driven, making it seamless for new users. TD Direct Investing, however, leans toward traditional processes with forms and verifications that take more time.

eToro provides a modern trading experience with its proprietary platform, ideal for technical traders. TD Direct Investing, on the other hand, offers more research tools and is better suited for data-driven investors.

eToro stands out for active traders with robust tools, while TD Direct Investing suits investors seeking simplicity and ease of use.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare eToro and FP Markets

Compare eToro and Charles Schwab

Compare eToro and Eightcap

Compare TD Direct Investing and Fusion Markets

Compare TD Direct Investing and Merrill Edge

Compare TD Direct Investing and axi

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare