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

Broker Name

TD Direct Investing

TD Direct Investing

VS
IG

IG

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Broker Overview

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

None

ECN

Years of Existence / Established Year

1984

1974

Customer Base / Number of Accounts

17 M

313,000 customers


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Regulation & Security

Regulations (governing bodies)

CIPF, CIRO

NFA CFTC FCA

Awards Won (count for the last 2 years)

No major awards listed

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

Security Measures

CIPF

FSCS

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

17,000 + markets

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

Yes

Bonds

Yes

Yes

Mutual Funds

Yes

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

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

ProReal Time APIs L2 dealer

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

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

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$50

Leverage Available

No

200:1

Trade Limit (maximum per trade)

Depends on asset types

Trade size vary on each asset

Commission (per account type)

NA

Starting from 0.1

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

Beginners and experienced traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Direct bank account, Check

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

Withdrawal Methods

SWIP, Wire payment

Card Bank transfer

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.)

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

Trade analytics tools Seminars & webinars


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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

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

Spread (typical, fixed, variable)

NA

Variable

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

Vary for each asset

Maximum Leverage

No

200:1


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Non-Trading Fees

Dormant Fees

NA

$12/month after 24 months of no trading activity

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

$50

Account Opening Fee

Applicable, Depends on account types

$0

Account Maintenance Fee

$25 per quarter

$0

Deposit Fee

$17.50 U.S

Free for Wire & check deposits

Currency Conversion Fee

2.50%

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

Withdrawal Fee

$30-$100

Wire transfer - $25


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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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)

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


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Customer Support

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

Monday to Friday, 7 am to 10 pm ET

24x5 support

Customer Support Methods (phone, email, live chat)

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

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

Support Languages

4

8


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Additional Information

Headquarters Location

66 Wellington Street West, Toronto, ON M5K 1A2

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

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, IG 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, IG includes more documentation and KYC checks, which can delay access but ensures strong compliance.
The trading interface of TD Direct Investing is known for its speed and ease-of-use, while IG shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
TD Direct Investing stands out for active traders with robust tools, while IG suits investors seeking simplicity and ease of use.