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Qtrade vs CMC Markets : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Qtrade
CMC Markets
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
Market maker
Years of Existence / Established Year
2000
1989
Customer Base / Number of Accounts
1Million
265k+
Regulation & Security
Regulations (governing bodies)
IIROC, CIRO
FCA, ASIC, CIRO, MAS, FMA
Awards Won (count for the last 2 years)
No major awards listed
Best Mobile Trading Platform, No.1 Most Currency Pairs, Best for CFDs -2024, No.1 Web Platform, Best Forex Broker, Best In-House Analysts 2023
Security Measures
CIPF
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
100+ commission-free ETFs, GIC, Exchange-traded debentures, Fixed income
12,000+ tradable instruments including shares, Treasuries
Currency Pairs
No
Yes
Commodities
No
Yes
Indices
No
Yes
Cryptocurrencies
No
Yes
CFDs
No
Yes
ETFs
Yes
Yes
Stocks
Yes
No
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
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
No
cTrader
No
No
Social Trading
Yes
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
Qtrade trading platform
CMC web platform, iOS and Android app
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
Spread betting, CFD account , FX active, Corporate account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$0
Leverage Available
No
30:1 to 1:500
Trade Limit (maximum per trade)
$500,000
No information
Commission (per account type)
$0
Standard - No commission, FX active account- $2.50
Best Suited For (e.g., beginners, experienced traders)
Long term investor and self-directed investment options
Professional and retail traders
Deposit & Withdrawal Options
Deposit Methods
Electronic fund transfer,bank transfer, e-transfer services, Bill payment
Bank transfer, Debit/credit card, Online banking
Withdrawal Methods
Bank transfer
Bank transfer, Debit/credit card, Online banking
Other E-Wallets Supported
No
No
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
Learn spread betting, Learn to trade CFDs, Learn forex trading, technical indicators, Fundamental analysis, Webinars & events, Platform guides, Trading guides
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
CFD trading -US shares from $10; FX active - US shares from $10; Typical STP: Spread of 1.2 pips, Typical ECN: Spread of 0.2 pips, Spread- starts from 0.0 to 0.6 pips, Overnight holding costs: 0.0027%
Spread (typical, fixed, variable)
NA
Fixed/Variable
Per Lot Fees
NA
$2.50
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
$5.00 per $100,000 in nominal value
Guaranteed Stop Loss Fees
NA
Crude Oil Brent $0.02 per unit, Apple Inc $0.41 per unit, US 30 $1.50 per unit, GBP/USD $0.00015 per
Maximum Leverage
No
1:500
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
NA
ASX Dynamic Data package $41.25 a month (non-professional investors) $118.80 a month, International Data service fees (US) $11, International Data service fees (NZ) $11, Live Data package Free
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
NA
Deposit Fee
$0
$0
Currency Conversion Fee
$100 / transaction
0.50%
Withdrawal Fee
Account transfer out $150
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
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
Depends on the instrument offer
Customer Support
Support Hours (e.g., 24/7, weekdays only)
Monday to Friday 8:30 am to 8:00 pm ET
Monday to Friday from 8am to 8pm
Customer Support Methods (phone, email, live chat)
E-mail: [email protected], 1.877. 787.2330
Email: [email protected], Phone: +44 (0)20 7170 8200
Support Languages
2
12+
Additional Information
Headquarters Location
Canada
CMC Markets UK plc, 133 Houndsditch, London, EC3A 7BX, United Kingdom
Complaints (for crypto brokers)
No
No
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