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

Broker Name

Freetrade

Qtrade

Broker Overview

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

STP broker

ECN broker

Years of Existence / Established Year

2016

2000

Customer Base / Number of Accounts

1.5 M

1Million

Regulation & Security

Regulations (governing bodies)

FCA

IIROC, CIRO

Awards Won (count for the last 2 years)

Best Online trading platform 2024

No major awards listed

Security Measures

Yes

CIPF

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

6200+ U.S Treasury Bills, Investment trust

100+ commission-free ETFs, GIC, Exchange-traded debentures, Fixed income

Currency Pairs

Commodities

Indices

Cryptocurrencies

CFDs

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Freetrade web and mobile trading platform

Qtrade trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

General investment account, Stocks and shares ISA, Personal pension account

Cash- Individual, Society, Joint, Religious organization, Trust, Investment club, Estates Company, Registered accounts- FHSA, TFSA, RRSP, LIRA/ LRSP, RESP, RIF, LIF

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

Leverage Available

100:1

Trade Limit (maximum per trade)

depends on asset class

$500,000

Commission (per account type)

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

Beginners to experienced traders

Long term investor and self-directed investment options

Deposit & Withdrawal Options

Deposit Methods

Bank transfer, debit card, Apple pay, google pay

Electronic fund transfer,bank transfer, e-transfer services, Bill payment

Withdrawal Methods

Linked bank account

Bank transfer

Other E-Wallets Supported

Apple pay , google pay

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum

Education- New to investing, Experienced with investing, Weekly Market Pulse

Fees & Commissions

Trading-Related Fees

FX fee of 0.59%

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

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

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

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

100:1

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

$45 / security

Statement or Document Fee

$2.50 / trade Paper account statements $6 / quarter

Account Opening Fee

$100 setup + $50 / year after first year

Account Maintenance Fee

£10.97

$25/ quarter

Deposit Fee

£5

Currency Conversion Fee

Exchange rate + 0.99%

$100 / transaction

Withdrawal Fee

£5

Account transfer out $150

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)

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

Customer Support

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

24/5

Monday to Friday 8:30 am to 8:00 pm ET

Customer Support Methods (phone, email, live chat)

Help hub, community forum, E-mail, Social media

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

Support Languages

Additional Information

Headquarters Location

Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL

Canada

Complaints (for crypto brokers)

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.

Freetrade is known for competitive pricing on basic trades, especially for beginners. However, Qtrade fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.

New users will likely find AvaTrade sign-up process more intuitive. Meanwhile, Qtrade takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.

Freetrade integrates well with algorithmic trading tools and third-party plugins. In contrast, Qtrade emphasizes educational content and built-in research features within its platform.

Freetrade delivers a robust ecosystem for seasoned traders, whereas Qtrade focuses on ease of access and modern usability.

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