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Qtrade vs Fusion Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Qtrade

Qtrade

VS
Fusion Markets

Fusion Markets

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Broker Overview

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

ECN broker

ECN broker

Years of Existence / Established Year

2000

2017

Customer Base / Number of Accounts

1Million

No information


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Regulation & Security

Regulations (governing bodies)

IIROC, CIRO

ASIC, VFSC, and FSA

Awards Won (count for the last 2 years)

No major awards listed

Best MetaTrader Broker, Lowest Spread Forex Broker, Lowest Commission Forex Broker in 2023, 2024

Security Measures

CIPF

No

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes* Restriction for some regions


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

100+ commission-free ETFs, GIC, Exchange-traded debentures, Fixed income

12+ metals including energies, US shares CFDs

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

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

Yes

Social Trading

No

No

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Qtrade trading platform

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Cash- Individual, Society, Joint, Religious organization, Trust, Investment club, Estates Company, Registered accounts- FHSA, TFSA, RRSP, LIRA/ LRSP, RESP, RIF, LIF

Zero, Classic, Swap free accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$0

Leverage Available

No

10:1- 500:1

Trade Limit (maximum per trade)

$500,000

50,000,000 USD

Commission (per account type)

$0

Zero account- $4.5, Classic account -$0

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

Long term investor and self-directed investment options

Beginners and active traders


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Deposit & Withdrawal Options

Deposit Methods

Electronic fund transfer,bank transfer, e-transfer services, Bill payment

Dragon pay, Wire Transfer, SEPA (Single Euro Payments Area), Transferwise, Visa, MasterCard, Credit card, Debit card, Bitcoin payments , Ethereum payments, e-wallets

Withdrawal Methods

Bank transfer

Dragon pay, Wire Transfer, SEPA (Single Euro Payments Area), Transferwise, Visa, MasterCard, Credit card, Debit card, Bitcoin payments , Ethereum payments, e-wallets

Other E-Wallets Supported

No

Skrill, Neteller, PayPal, Sticpay, FasaPay, Perfect Money, JetonCash, AstroPay, PayID, Doku Wallet


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Education- New to investing, Experienced with investing, Weekly Market Pulse

Trading Education, Market Analysis, Webinars, Video Tutorials, Trading Guides and eBooks, Market Insights and News


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Fees & Commissions

Trading-Related Fees

Equities- $6.95- $8.75, Options- $8.75 + $1.25 per contract/ $6.95 + $1.25 per contract, ETFs- $0, Mutual fund- $8.75/ $6.95, ETFs - Others- $8.75/ $6.95, Fixed income and Exchange-traded debentures- $1 per $1,000 face value/ $1 per $1,000 face value, DAP accounts - $10 per trade, $7.75 - commissions for stock, mutual fund and ETF trades

Commission- $2.25 per side, Spread starts from 0.0 pips

Spread (typical, fixed, variable)

NA

Fixed and variable spreads

Per Lot Fees

NA

$4.50

Options Contract Fees

$8.75 + $1.25 per contract/ $6.95 + $1.25 per contract

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

0.0 pip

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

500:1


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

$45 / security

$0

Statement or Document Fee

$2.50 / trade Paper account statements $6 / quarter

NA

Account Opening Fee

$100 setup + $50 / year after first year

$0

Account Maintenance Fee

$25/ quarter

NA

Deposit Fee

$0

$0

Currency Conversion Fee

$100 / transaction

$0

Withdrawal Fee

Account transfer out $150

International wire transfers $20 to $30.


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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: Available online and by phone from 8:30-9:29 AM ET, After-hours trading: Available online and by phone from 4-5 PM ET

Varies by product


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Customer Support

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

Monday to Friday 8:30 am to 8:00 pm ET

24/7

Customer Support Methods (phone, email, live chat)

E-mail: [email protected], 1.877. 787.2330

E-mail: [email protected], Phone: +61 3 8376 2706, Live chat

Support Languages

2

12+


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Additional Information

Headquarters Location

Canada

Govant Building,BP 1276 Port Vila,Vanuatu.

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 Qtrade maintains low trading fees with no minimum deposit, Fusion Markets includes some charges for premium features and certain asset trades, making Qtrade the better option for budget-focused traders.
New users will likely find AvaTrade sign-up process more intuitive. Meanwhile, Fusion Markets takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
New traders may find Freetrade interface more welcoming, while Fusion Markets appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
Qtrade delivers a robust ecosystem for seasoned traders, whereas Fusion Markets focuses on ease of access and modern usability.