TradingCritique

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IG vs Questrade : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

IG

IG

VS
Questrade

Questrade

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Broker Overview

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

ECN

ECN

Years of Existence / Established Year

1974

1999

Customer Base / Number of Accounts

313,000 customers

Info not available


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Regulation & Security

Regulations (governing bodies)

NFA CFTC FCA

CIRO

Awards Won (count for the last 2 years)

Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022

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


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

17,000 + markets

GICs IPOs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

No

Bonds

Yes

Yes

Mutual Funds

Yes

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

Yes

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

Yes

No

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

ProReal Time APIs L2 dealer

All-in-One Platforms Questrade Trading Quest MobileAdvanced Trading Platforms Questrade Edge Mobile Questrade Edge Questrade Global

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account

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

$50

$250

Leverage Available

200:1

NA

Trade Limit (maximum per trade)

Trade size vary on each asset

Varies by instrument

Commission (per account type)

Starting from 0.1

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)

Beginners

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise

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

Card Bank transfer

EFTs (CAD or USD) Wire transfers (CAD or USD)

Other E-Wallets Supported

No

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Trade analytics tools Seminars & webinars

TradingView TipRanks OptionsPlay Multileg options trading


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Fees & Commissions

Trading-Related Fees

US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%

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

NA

$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

Vary for each asset

NA

Maximum Leverage

200:1

NA


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Non-Trading Fees

Dormant Fees

$12/month after 24 months of no trading activity

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

$50

estatement - free Copy of statement - $20 Unclaimed property - $29.95 per quarter Regular mail - $10

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

Portfolio fees 0.25% with a balance of $1000 - $99,999 0.20% with a balance of $100,000+

Deposit Fee

Free for Wire & check deposits

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

0.5% - CFDs and share dealing accounts 0.7% - international shares

1.50%

Withdrawal Fee

Wire transfer - $25

EFTs - Free Wire transfer - $20 CAD for CAD wire $30 USD for USD wire $40 USD/CAD for international wires


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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)

Forex Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges

North Americal Stock Markets 9:30am to 4pm ET Pre-market hours - 7am to 9:30am Post-market hours - 4pm to 8pm


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Customer Support

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

24x5 support

24x5

Customer Support Methods (phone, email, live chat)

Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)

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

8

2


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Additional Information

Headquarters Location

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

Toronto, Ontario Canada

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.
If minimizing trading costs is your top priority, IG might be more attractive due to its lower commissions. Meanwhile, Questrade justifies its moderate fees with more robust tools and professional-grade features.
IG gets you trading faster thanks to its minimal entry barriers. In comparison, Questrade account setup is slower but includes extra layers of financial screening and suitability assessments.
IG excels in real-time trade execution with minimal latency, whereas Questrade complements its execution with strong analytical modules and educational support within the platform.
IG is geared toward frequent trading and analytics, while Questrade fits those who value simplicity and guided experiences.