Select Your Brokers to Compare
HFM vs Qtrade : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
HFM
Qtrade
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker broker
ECN broker
Years of Existence / Established Year
2010
2000
Customer Base / Number of Accounts
2500000 clients
1Million
Regulation & Security
Regulations (governing bodies)
FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA
IIROC, CIRO
Awards Won (count for the last 2 years)
Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker
No major awards listed
Security Measures
Civil Liability insurance program with a limit of €5,000,000
CIPF
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
Over 500 markets including energies
100+ commission-free ETFs, GIC, Exchange-traded debentures, Fixed income
Currency Pairs
Yes
No
Commodities
Yes
No
Indices
Yes
No
Cryptocurrencies
Yes
No
CFDs
Yes
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
No
Yes
Futures
No
No
Bonds
Yes
Yes
Mutual Funds
No
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
No
MT5
Yes
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
HFM Platform, Web trading, Mobile trading
Qtrade trading platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Cent, Zero, Pro , Premium, Corporate, Joint 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
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$0
$0
Leverage Available
1:1000- 1:2000
No
Trade Limit (maximum per trade)
60/ 200 Standard lots per position depends on account types
$500,000
Commission (per account type)
$0
$0
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 Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets
Electronic fund transfer,bank transfer, e-transfer services, Bill payment
Withdrawal Methods
Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets
Bank transfer
Other E-Wallets Supported
FasaPay, Neteller
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Webinars, eBooks and Guides, Video Tutorials
Education- New to investing, Experienced with investing, Weekly Market Pulse
Fees & Commissions
Trading-Related Fees
Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14
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
NA
Per Lot Fees
NA
NA
Options Contract Fees
NA
$8.75 + $1.25 per contract/ $6.95 + $1.25 per contract
Futures Contract Fees
NA
NA
Markup Fees on Spread
$0
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
34:20:00
No
Non-Trading Fees
Dormant Fees
$10 inactive for 90 days
$0
Subscription Fees (for premium features, data feeds)
$0
NA
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
$0
$45 / security
Statement or Document Fee
NA
$2.50 / trade Paper account statements $6 / quarter
Account Opening Fee
$0
$100 setup + $50 / year after first year
Account Maintenance Fee
$0
$25/ quarter
Deposit Fee
$0
$0
Currency Conversion Fee
$0
$100 / transaction
Withdrawal Fee
$0
Account transfer out $150
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by instrument
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)
Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71
E-mail: [email protected], 1.877. 787.2330
Support Languages
27+
2
Additional Information
Headquarters Location
financial hub of Limassol, Cyprus
Canada
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
Our Latest Contents
Stay updated with our newest insights and guides!
Top Broker Reviews
Discover brokers trusted by global traders.
Yes