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

Broker Name

Qtrade

Qtrade

VS
IG

IG

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Broker Overview

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

ECN broker

ECN

Years of Existence / Established Year

2000

1974

Customer Base / Number of Accounts

1Million

313,000 customers


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Regulation & Security

Regulations (governing bodies)

IIROC, CIRO

NFA CFTC FCA

Awards Won (count for the last 2 years)

No major awards listed

Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022

Security Measures

CIPF

FSCS

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

17,000 + markets

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

Yes

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Qtrade trading platform

ProReal Time APIs L2 dealer

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

Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$50

Leverage Available

No

200:1

Trade Limit (maximum per trade)

$500,000

Trade size vary on each asset

Commission (per account type)

$0

Starting from 0.1

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 transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise

Withdrawal Methods

Bank transfer

Card Bank transfer

Other E-Wallets Supported

No

No


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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

Trade analytics tools Seminars & webinars


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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

US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%

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

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

Vary for each asset

Maximum Leverage

No

200:1


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Non-Trading Fees

Dormant Fees

$0

$12/month after 24 months of no trading activity

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

$45 / security

Yes

Statement or Document Fee

$2.50 / trade Paper account statements $6 / quarter

$50

Account Opening Fee

$100 setup + $50 / year after first year

$0

Account Maintenance Fee

$25/ quarter

$0

Deposit Fee

$0

Free for Wire & check deposits

Currency Conversion Fee

$100 / transaction

0.5% - CFDs and share dealing accounts 0.7% - international shares

Withdrawal Fee

Account transfer out $150

Wire transfer - $25


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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 Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges


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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

24x5 support

Customer Support Methods (phone, email, live chat)

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

Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)

Support Languages

2

8


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Additional Information

Headquarters Location

Canada

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

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.
Qtrade is known for competitive pricing on basic trades, especially for beginners. However, IG fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
The account creation flow at Qtrade is modern and app-driven, making it seamless for new users. IG , however, leans toward traditional processes with forms and verifications that take more time.
If you're trading on-the-go, Qtrade mobile platform is fluid and intuitive. IG desktop and web apps are more robust, making them suitable for in-depth trading sessions.
Qtrade delivers a robust ecosystem for seasoned traders, whereas IG focuses on ease of access and modern usability.