TradingCritique

Select Your Brokers to Compare

TD Direct Investing vs Plus500 : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

TD Direct Investing

TD Direct Investing

VS
Plus500

Plus500

Icon

Broker Overview

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

None

Market maker

Years of Existence / Established Year

1984

2008

Customer Base / Number of Accounts

17 M

20 Million


Icon

Regulation & Security

Regulations (governing bodies)

CIPF, CIRO

FCA, CYSEC, ASIC, FMA, FSCA, FSP, ISA, FSA, MAS, DFSA, FSA, SCB

Awards Won (count for the last 2 years)

No major awards listed

Best in Class for Trust Score 2024, GLOBAL TRADING ADVFN International Financial Awards

Security Measures

CIPF

Anti-Money Laundering

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Fixed income investments, GICs

2800+

Currency Pairs

No

No

Commodities

No

No

Indices

No

No

Cryptocurrencies

Yes

No

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

Yes

Futures

No

Yes

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

No

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

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

Mobile and web trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Margin account, cash trading account, TFSA, RSP, RESP, RIF, LIRA, LIF, RDSP

Retail Account & Demo Account

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$100

Leverage Available

No

1:30

Trade Limit (maximum per trade)

Depends on asset types

Depends on the asset type

Commission (per account type)

NA

$0

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

Beginners and experienced traders

Experienced traders


Icon

Deposit & Withdrawal Options

Deposit Methods

Direct bank account, Check

Credit, Debit, Master card, Bank transfer, e-wallets

Withdrawal Methods

SWIP, Wire payment

Credit, Debit, Master card, Bank transfer, e-wallets

Other E-Wallets Supported

No

PayPal, Skrill


Icon

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

Trading Academy Online Courses, Market News and Analysis, Webinars, Trading Guides and eBooks, Video Tutorials, Trader's Guide Beginner's Guide


Icon

Fees & Commissions

Trading-Related Fees

Commission -mutual funds- $0 , IPOs, Equities- $7.00- $9.99, Stock - $3- $43, Bonds- $40 + $1.50/1,000

Commission-$0

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

NA

Maximum Leverage

No

1:30


Icon

Non-Trading Fees

Dormant Fees

NA

$10 per month inactive for three months

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

NA

Account Opening Fee

Applicable, Depends on account types

NA

Account Maintenance Fee

$25 per quarter

NA

Deposit Fee

$17.50 U.S

$0

Currency Conversion Fee

2.50%

0.70%

Withdrawal Fee

$30-$100

$0


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

No


Icon

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)

Depends on the instrument offer


Icon

Customer Support

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

Monday to Friday, 7 am to 10 pm ET

24/7

Customer Support Methods (phone, email, live chat)

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

Call +65 6320 1111 or +65 6320 1119, Email to Plus500's customer support, Live chat

Support Languages

4

32+


Icon

Additional Information

Headquarters Location

66 Wellington Street West, Toronto, ON M5K 1A2

Menachem Begin 125 Tel Aviv, Israel.

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.
Both TD Direct Investing and Plus500 offer affordable fee structures, but TD Direct Investing generally edges out with no inactivity fees and lower commissions on standard trades, whereas Plus500 shines with bundled research and platform access.
The account creation flow at TD Direct Investing is modern and app-driven, making it seamless for new users. Plus500, however, leans toward traditional processes with forms and verifications that take more time.
If you're trading on-the-go, TD Direct Investing mobile platform is fluid and intuitive. Plus500 desktop and web apps are more robust, making them suitable for in-depth trading sessions.
If you're after professional-grade platforms, TD Direct Investing may be ideal. For casual investors, Plus500 offers a low-barrier entry.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare TD Direct Investing and TradeStation

Compare TD Direct Investing and Pepperstone

Compare TD Direct Investing and Vantage

Compare Plus500 and interactive investor

Compare Plus500 and XTB

Compare Plus500 and Saxo bank