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Qtrade vs Interactive Investor : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Qtrade

Qtrade

VS
Interactive Investor

Interactive Investor

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Broker Overview

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

ECN broker

None

Years of Existence / Established Year

2000

1995

Customer Base / Number of Accounts

1Million

over 430,000


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Regulation & Security

Regulations (governing bodies)

IIROC, CIRO

FCA

Awards Won (count for the last 2 years)

No major awards listed

Best Stocks and Shares ISA - The Times Money Mentor Awards 2024 Boring Money Best Buy ISA - AIC Shareholder Engagement Award 2024 Boring Money Best Buy Pension - AIC Shareholder Engagement Award 2024 Best online stock broker 2023 - ADVFN International Financial Awards

Security Measures

CIPF

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

No


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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

43,000 + funds, Shares, Glits

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

No

CFDs

No

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

No

Futures

No

No

Bonds

Yes

Yes

Mutual Funds

Yes

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Qtrade trading platform

Online ii Community - for social trading

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes only Web


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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

Trading Account SIPP Stocks & Shares ISA Junior ISA Cash Savings Managed ISA Joint Trading Account Company Account

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

Euro 250

Leverage Available

No

Info not available

Trade Limit (maximum per trade)

$500,000

Varies for each product

Commission (per account type)

$0

Monthly fee ISA / Trading account - £ 4.99 for investment upto £ 50,000 - £ 11.99 (no limit) SIPP - £ 5.99 for investment upto £50,000 - £12.99 (no limit) ISA + Trading Account + SIPP - £ 9.99 for investment upto £75,000 - £ 21.99 (no limit)

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

Long term investor and self-directed investment options

Beginners


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Deposit & Withdrawal Options

Deposit Methods

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

Cash savings Ac - Bank transfer Debit cards Cheque Payit from Natwest

Withdrawal Methods

Bank transfer

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.)

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

StockScreener - Intuitive tool to explore the markets


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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

UK & US shares, funds, ETFs, bonds and gilts - £3.99, Other international shares - £9.99 / £5.99 (Super Investor), Dividend reinvestment - £0.99, For value over £100,000 - 0.04% of trade value, Buying / Selling other international shares - £9.99, For value over £25,000 - 0.10% of trade value, International trading fees for super investors - £5.99

Spread (typical, fixed, variable)

NA

Info not available

Per Lot Fees

NA

£ 3.99 per trade

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

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

Info not available


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

Super Investor plan - £ 19.99 per month Super Investor + SIPP = £29.99 per month

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

$45 / security

NA

Statement or Document Fee

$2.50 / trade Paper account statements $6 / quarter

NA

Account Opening Fee

$100 setup + $50 / year after first year

NA

Account Maintenance Fee

$25/ quarter

Administrative charges Share certificate withdrawal - £ 35 + VAT - Per certificate Failed payments or late settlement - £ 25 Paper documents - £ 3 + VAT per document Contract notes sent by post - £ 1.50 + VAT per document VCTs processing charge - £ 30 per application

Deposit Fee

$0

£ 0

Currency Conversion Fee

$100 / transaction

Value converted FX charge £ 0 - £ 24,999.99 1.5% £ 25,000 - £ 49,999.99 1.25% £ 50,000 - £ 99,999.99 1.00% £ 100,000 - £ 599,999.99 0.50% £ 600,000 or more 0.25%

Withdrawal Fee

Account transfer out $150

Urgent withdrawals cost - £15


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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: 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

UK- Pre-market: 7 AM - 9:30 AM After-hours: 4:05 PM - 8 PM


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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

7.45am to 5.30pm (GMT) Monday - Friday

Customer Support Methods (phone, email, live chat)

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

Tel: 0345 607 6001 From abroad: +44 113 346 2309

Support Languages

2

1


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Additional Information

Headquarters Location

Canada

Leeds One Embankment, Neville Street, Leeds, LS1 4DW

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.
Qtrade stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, interactive investor offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
Account approval at Qtrade is usually completed within hours, often with automated ID checks. interactive investor might take longer due to manual reviews, but provides in-depth onboarding support along the way.
Qtrade integrates well with algorithmic trading tools and third-party plugins. In contrast, interactive investor emphasizes educational content and built-in research features within its platform.
If you're after professional-grade platforms, Qtrade may be ideal. For casual investors, interactive investor offers a low-barrier entry.