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

Broker Name

Qtrade

Qtrade

VS
Exness

Exness

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Broker Overview

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

ECN broker

ECN / Market maker

Years of Existence / Established Year

2000

2008

Customer Base / Number of Accounts

1Million

800,000


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Regulation & Security

Regulations (governing bodies)

IIROC, CIRO

FSA CBCS FSC FSCA CySEC FCA CMA JSC

Awards Won (count for the last 2 years)

No major awards listed

Best Retail FX Broker, Most Trusted Broker 2024 , Best Multi-Asset Broker and Most Trusted Broker in Africa 2024 ,Five awards at the Cyprus Responsible Business Awards 2024

Security Measures

CIPF

ICF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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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

200+ trading instruments

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

No

Futures

No

Yes

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

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

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Qtrade trading platform

Exness Terminal Exness Trade App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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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

Standard Accounts Standard cent Accounts Pro Accounts Raw Spread Accounts Demo Trading Accounts Social Trading Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$1 for standard accounts $200 for professional accounts

Leverage Available

No

1:30 to1 : 2000

Trade Limit (maximum per trade)

$500,000

200 lots - day time 60 lots for forex & 20 lots others - night time

Commission (per account type)

$0

$3.5 per lot for Raw Spread accountsCommission free for Standard, Standard Cent & Pro accounts

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

Bank transfer Card E Wallets

Withdrawal Methods

Bank transfer

Bank transfer Card E Wallets

Other E-Wallets Supported

No

Neteller Skrill Perfect Money Sticpay


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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

Analytical tools Trading calculator Currency converter Tick history VPS hosting


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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

Forex- 0.0 pips, Commission- $0

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$8.75 + $1.25 per contract/ $6.95 + $1.25 per contract

USD 0.05 to 3.5 per contract

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

1:2000


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

$45 / security

Yes

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

$0

Currency Conversion Fee

$100 / transaction

$0

Withdrawal Fee

Account transfer out $150

$0


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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

Forex trading hours - Sunday 22:05 to Friday 21:59Crypto trading hours - Sunday from 21:35 to Friday 22:05Indices trading hours - Sunday 23:05 to Friday 21:00Commodities - Sunday 23:05 to Friday 21:58


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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

24/7

Customer Support Methods (phone, email, live chat)

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

Help Center Support hub, Live chat

Support Languages

2

15+


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Additional Information

Headquarters Location

Canada

1 Siafi Street, Portobello Office 401, Limassol 3042, 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.
Both Qtrade and Exness offer affordable fee structures, but Qtrade generally edges out with no inactivity fees and lower commissions on standard trades, whereas Exness shines with bundled research and platform access.
Qtrade makes starting out easy with a simple application, especially for retail clients. Exness platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.
Qtrade integrates well with algorithmic trading tools and third-party plugins. In contrast, Exness emphasizes educational content and built-in research features within its platform.
Qtrade strength lies in high-performance trading, while Exness provides a more accessible route for everyday investors.