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

Broker Name

Qtrade

FXCM

Broker Overview

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

ECN broker

Market maker

Years of Existence / Established Year

2000

1999

Customer Base / Number of Accounts

1Million

No information

Regulation & Security

Regulations (governing bodies)

IIROC, CIRO

FCA, CySEC, ASIC, FSCA, ISA

Awards Won (count for the last 2 years)

No major awards listed

Best In Class 2024 - ForexBrokers.com

Security Measures

CIPF

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

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

10,000+ trading instruments shares

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Qtrade trading platform

Trading station, Trading View Pro

Platform Compatibility (Windows, Mac, iOS, Android)

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

Standard, Active trading, Spread betting, Professional

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$50

Leverage Available

30:1 to 1000:1

Trade Limit (maximum per trade)

$500,000

50 million per trade

Commission (per account type)

$ 4 / lot

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

Long term investor and self-directed investment options

Active and experienced traders

Deposit & Withdrawal Options

Deposit Methods

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

Debit/Credit Card Via mobile app, Bank wire, China online payment, Crypto

Withdrawal Methods

Bank transfer

Debit/Credit Card, Bank Wire, Local Bank Transfer, and Online Bank Transfer.

Other E-Wallets Supported

Skrill, Neteller, Google pay, Apple pay

Tools & Educational Resources

Economic Calendar

Yes

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

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

Education, Trading Guides, Trading Tools, Research

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

Spread- 1.3 pips

Spread (typical, fixed, variable)

Typical

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

1000:1

Non-Trading Fees

Dormant Fees

$50

Subscription Fees (for premium features, data feeds)

Advisory Fees

$30

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

$25/ quarter

$25

Deposit Fee

Currency Conversion Fee

$100 / transaction

Withdrawal Fee

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)

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

Varies by product

Customer Support

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

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

24/5

Customer Support Methods (phone, email, live chat)

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

WhatsApp: +44 7537 432259 (message only), Email: [email protected], Live chat, Request a call

Support Languages

Additional Information

Headquarters Location

Canada

London, United Kingdom

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.

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

Qtrade makes starting out easy with a simple application, especially for retail clients. FXCM 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, FXCM emphasizes educational content and built-in research features within its platform.

Qtrade stands out for active traders with robust tools, while FXCM suits investors seeking simplicity and ease of use.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare Qtrade and Exness

Compare Qtrade and Saxo bank

Compare Qtrade and NinjaTrader

Compare FXCM and TMGM

Compare FXCM and TD Direct Investing

Compare FXCM and Saxo Bank

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare