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

Broker Name

TD Direct Investing

TD Direct Investing

VS
MEXEM

MEXEM

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Broker Overview

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

None

STP

Years of Existence / Established Year

1984

2018

Customer Base / Number of Accounts

17 M

Info not available


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Regulation & Security

Regulations (governing bodies)

CIPF, CIRO

Cysec AFM FSMA

Awards Won (count for the last 2 years)

No major awards listed

No major awards listed

Security Measures

CIPF

ICCL

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

150 + trading assets Warrant

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

No

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

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

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

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

TD app, web trader, Advanced dashboard, TD active trader

Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs

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

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$0

Leverage Available

No

NA

Trade Limit (maximum per trade)

Depends on asset types

Varies for each product

Commission (per account type)

NA

NA

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

Beginners and experienced traders

Experienced only


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Deposit & Withdrawal Options

Deposit Methods

Direct bank account, Check

Bank Transfer

Withdrawal Methods

SWIP, Wire payment

Bank Transfer

Other E-Wallets Supported

No

No


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Tools & Educational Resources

Economic Calendar

Yes

No

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

Practical tutorials on using TWS trader workstatioin Video tutorials


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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

FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency

Spread (typical, fixed, variable)

NA

NA

Per Lot Fees

NA

NA

Options Contract Fees

$9.99 + $1.25 per contract

0.65% per contract

Futures Contract Fees

NA

0.85% per contract

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

NA


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Non-Trading Fees

Dormant Fees

NA

NA

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

NA

NA

Statement or Document Fee

$2-$5

NA

Account Opening Fee

Applicable, Depends on account types

$0

Account Maintenance Fee

$25 per quarter

$0

Deposit Fee

$17.50 U.S

$0

Currency Conversion Fee

2.50%

0.05%

Withdrawal Fee

$30-$100

First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w


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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)

Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed


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Customer Support

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

Monday to Friday, 7 am to 10 pm ET

Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.

Customer Support Methods (phone, email, live chat)

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

Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]

Support Languages

4

10+


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Additional Information

Headquarters Location

66 Wellington Street West, Toronto, ON M5K 1A2

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

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.
TD Direct Investing is known for competitive pricing on basic trades, especially for beginners. However, MEXEM fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
TD Direct Investing offers a quick and paperless account setup that appeals to traders on the go, whereas MEXEM more involved onboarding process adds an extra layer of safety and regulatory checks.
If you're looking for platform speed and ease of execution, TD Direct Investing delivers a smooth experience. MEXEM , however, is tailored toward traders who want deeper analysis tools and portfolio insights.
TD Direct Investing caters to serious traders who value advanced features, whereas MEXEM appeals to beginners due to its user-friendly platform.