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TradeStation vs Qtrade : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
TradeStation
Qtrade
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
ECN broker
Years of Existence / Established Year
1982
2000
Customer Base / Number of Accounts
226506+ clients
1Million
Regulation & Security
Regulations (governing bodies)
CFTC, NFA, FINRA, SEC
IIROC, CIRO
Awards Won (count for the last 2 years)
Best in Class awards in StockBrockers.com 2023 Online Broker Review, Best Brokerage App at the 2023 Benzinga Global Fintech Awards, TradingView's Best Broker in the AMER Region 2023 Award
No major awards listed
Security Measures
SIPC
CIPF
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
Futures option
100+ commission-free ETFs, GIC, Exchange-traded debentures, Fixed income
Currency Pairs
No
No
Commodities
No
No
Indices
No
No
Cryptocurrencies
No
No
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
No
Bonds
No
Yes
Mutual Funds
Yes
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
Desktop, Web trading, Mobile app, Futures Plus
Qtrade trading platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual, Retirement, Entity
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)
No
No
Minimum Deposit
$0
$0
Leverage Available
No
No
Trade Limit (maximum per trade)
Depends on asset class
$500,000
Commission (per account type)
$0
$0
Best Suited For (e.g., beginners, experienced traders)
Beginners and experienced traders
Long term investor and self-directed investment options
Deposit & Withdrawal Options
Deposit Methods
Wire transfer, Check, Electronic transfer
Electronic fund transfer,bank transfer, e-transfer services, Bill payment
Withdrawal Methods
Wire transfer, Check, Electronic transfer
Bank transfer
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market Insights, Webinars, Online Trading Courses, Strategy Development and Backtesting
Education- New to investing, Experienced with investing, Weekly Market Pulse
Fees & Commissions
Trading-Related Fees
Commission- Stocks and ETFs- $0, Stock options- $0 Commission + $0.60 per contract, Future options- $0 Commission + $0.60 per contract, Micro futures- $0 Commission + $0.50 per contract, per side, Futures- $0 Commission + $1.50 per contract, per side
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
$0 Commission + $0.60 per contract
$8.75 + $1.25 per contract/ $6.95 + $1.25 per contract
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
No
No
Non-Trading Fees
Dormant Fees
$10 per month
$0
Subscription Fees (for premium features, data feeds)
TradeStation platform - $149.95 / month, Without Brokerage Account- $99.99 / month $199.99 for professionals, folio-level strategy back-testing tool - $59.95 / month
NA
Advisory Fees
$25
NA
Swap Fees (Overnight Financing)
NA
$45 / security
Statement or Document Fee
$1 per page
$2.50 / trade Paper account statements $6 / quarter
Account Opening Fee
$0
$100 setup + $50 / year after first year
Account Maintenance Fee
$35 per year
$25/ quarter
Deposit Fee
$0
$0
Currency Conversion Fee
Starts from $0.35
$100 / transaction
Withdrawal Fee
Wire transfer- $25- $35
Account transfer out $150
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
9:30 am ET to 4:00 pm ET
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)
8:00 a.m. - 5:00 p.m. ET
Monday to Friday 8:30 am to 8:00 pm ET
Customer Support Methods (phone, email, live chat)
Phone: 800.822.0512, Live chat, E-mail: [email protected]
E-mail: [email protected], 1.877. 787.2330
Support Languages
1
2
Additional Information
Headquarters Location
8050 SW 10th Street, Suite 2000. Plantation, FL 33324
Canada
Complaints (for crypto brokers)
No
No
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