Select Your Brokers to Compare
Qtrade vs Lightyear : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Qtrade
Lightyear
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
STP
Years of Existence / Established Year
2000
2020
Customer Base / Number of Accounts
1Million
Info not available
Regulation & Security
Regulations (governing bodies)
IIROC, CIRO
FCA EFSA
Awards Won (count for the last 2 years)
No major awards listed
No major awards listed
Security Measures
CIPF
SIPC, EIPSF Upto Euro 20,000
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
100+ commission-free ETFs, GIC, Exchange-traded debentures, Fixed income
US / EU / UK Stocks (3500+) Interest Money Market Funds Baltic Stocks Baltic Bonds
Currency Pairs
No
No
Commodities
No
No
Indices
No
No
Cryptocurrencies
No
No
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
No
Futures
No
No
Bonds
Yes
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes - through Exchange Traded Commodities
Real Estate Investment Trusts (REITs)
No
Yes - through REIT stocks
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
Yes
Copy Trading
No
No
Other Trading Platforms (proprietary, etc.)
Qtrade trading platform
Lightyear's proprietary platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
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
Personal Business
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$0
Leverage Available
No
No
Trade Limit (maximum per trade)
$500,000
Varies for each product
Commission (per account type)
$0
Euro 0
Best Suited For (e.g., beginners, experienced traders)
Long term investor and self-directed investment options
Beginners
Deposit & Withdrawal Options
Deposit Methods
Electronic fund transfer,bank transfer, e-transfer services, Bill payment
EUR - SEPA, Debit Card, Apple Pay, Google Pay GBP - FPS, CHAPS, BACS, SWIFT, Apple Pay, Google Pay USD - ACH, FedWire, SWIFT HUF - Bank transfers within Hungary
Withdrawal Methods
Bank transfer
Bank Transfers
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
No
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Education- New to investing, Experienced with investing, Weekly Market Pulse
Savings interest calculator Inflation calculator Ticker time machine Rate comparison calculator
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
US Shares per order - 0.1% upto $1 maximum EU Shares per order - Euro 1 UK Shares per order - Euro 1 Money Market Funds - 0.25% annually Nasdaq Baltic - Euro 1 ETFs -Euro 0 Multi-currency account -Euro 0
Spread (typical, fixed, variable)
NA
NA
Per Lot Fees
NA
NA
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
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
NA
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
$0
Deposit Fee
$0
In EUR & GBP Debit Card / ApplePay / Google Pay - First Euro500 lifetime free, 0.5% after In USD FedWire & Swift - $6.11
Currency Conversion Fee
$100 / transaction
0.35%
Withdrawal Fee
Account transfer out $150
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
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
Vary for each asset class
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
Email: mailto:[email protected], Live chat Phone number:+1 332-333-4220.
Support Languages
2
20+
Additional Information
Headquarters Location
Canada
Volta 1 Tallinn 10412 Estonia
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
Our Latest Contents
Stay updated with our newest insights and guides!
Top Broker Reviews
Discover brokers trusted by global traders.
No