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Questrade vs Admiral Markets : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Questrade
Admiral Markets
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN
STP
Years of Existence / Established Year
1999
2001
Customer Base / Number of Accounts
Info not available
Info not available
Regulation & Security
Regulations (governing bodies)
CIRO
FCA, CySEC, JSC, FSCA, FSA
Awards Won (count for the last 2 years)
DALBAR seal of service excellence in 2024 for the 6th consecutive year Canada's #1 rated online broker by MoneySense
No major awards listed
Security Measures
CIPF
FSCS, ICF
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
No
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
GICs IPOs
6900+
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
No
Futures
No
No
Bonds
Yes
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
Yes
cTrader
No
No
Social Trading
No
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
All-in-One Platforms Questrade Trading Quest MobileAdvanced Trading Platforms Questrade Edge Mobile Questrade Edge Questrade Global
Admirals proprietary platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Tax-Free Savings Account - TFSA Registered Retirement Savings Plan - RRSP First Home Savings Account - FHSA Registered Education Savings Plan - RESP
Trade.MT4 Trade.MT5 Invest.MT5 Zero.MT4 Zero.MT5
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$250
$25
Leverage Available
NA
1:2 to 1:1000
Trade Limit (maximum per trade)
Varies by instrument
Varies by instrument
Commission (per account type)
Casual Traders (Basic) Stocks - $4.95 to $9.95 Options - $9.95 + $1 / contract ETFs - Free(sell 1c/share min $4.95 to max $9.95)Options and day traders (Fixed) Stocks - $4.95 to $9.95 Options - $4.95 + $0.75 / contract ETFs - Free (sell for $4.95 per trade)Volume traders (Variable) Stocks - $4.95 to $9.95 (min $0.01 to max $6.95) Options - $6.95 + $0.75 / contract ETFs - Buy for free (sell 1c/share min $4.95 to max $9.95)
Starts from $0.02/ share
Best Suited For (e.g., beginners, experienced traders)
Beginners
Beginners & experienced
Deposit & Withdrawal Options
Deposit Methods
Instant deposit (Visa & Interac Debit cards) - CAD only Online banking bill payment - CAD only Pre-authorized deposit - CAD & USD Transfers from other brokers - CAD & USD Wire transfer - CAD & USD Non-certified cheque - CAD & USD Stock certificate
Visa, MasterCard, bank transfer
Withdrawal Methods
EFTs (CAD or USD) Wire transfers (CAD or USD)
Visa, MasterCard, bank transfer
Other E-Wallets Supported
No
Skrill, Neteller, Crypto
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
TradingView TipRanks OptionsPlay Multileg options trading
Forex and CFD webinars Article and video tutorials Traders glossary eBooks
Fees & Commissions
Trading-Related Fees
Stocks 1C / share (min $4.95 to max $9.95) ETFs Buy Free. Sell 1C / share (min $4.95 to max $9.95) Mutual funds - $9.95 per trade International equities - 1% of trade value Precious metals - $19.95 / trade Notes & debentures - $0.10 per $1,000 par value FX & CFDs - pips as low as 0.08
Forex : $1.8 to $3.0 per 0.1 lot, Stock & ETFs: Starts from $ 0.02 per share, Indices : Starts from $ 0.05 to $3.0 per share, Energies: Starts from $1 per lot CFDs on stocks- 6 free trades each day, USD 0.02CFDs on ETFs- USD 0.02
Spread (typical, fixed, variable)
Fixed
Variable
Per Lot Fees
$1 per contract for options
Start $3.00 per 1.0 lots per side
Options Contract Fees
$9.95 + $1 / contract
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
NA
1:1000
Non-Trading Fees
Dormant Fees
$0
10 EUR per month
Subscription Fees (for premium features, data feeds)
$0
NA
Advisory Fees
$0
NA
Swap Fees (Overnight Financing)
Yes
Info not available
Statement or Document Fee
estatement - free Copy of statement - $20 Unclaimed property - $29.95 per quarter Regular mail - $10
$0
Account Opening Fee
$0
$0
Account Maintenance Fee
Portfolio fees 0.25% with a balance of $1000 - $99,999 0.20% with a balance of $100,000+
$0
Deposit Fee
CAD EFT upto $50,000 - free USD EFT upto $25,000 - free CAD Wire transfer - $20 USD wire transfer - $30 International wire transfer - $40
$0
Currency Conversion Fee
1.50%
0.30%
Withdrawal Fee
EFTs - Free Wire transfer - $20 CAD for CAD wire $30 USD for USD wire $40 USD/CAD for international wires
One free withdrawal every month, thereafter 3%
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)
North Americal Stock Markets 9:30am to 4pm ET Pre-market hours - 7am to 9:30am Post-market hours - 4pm to 8pm
Depends on the assets type
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24x5
24-5
Customer Support Methods (phone, email, live chat)
Toll-free Canada - 1.866.980.9590 From US - 1.416.227.6911FX & CFDs Chat hours: Monday - Thursday 8:3-am to 8pm EST, Friday 8:30am to 5:30pm EST Ph: 416.227.6913 Toll-free Canada - 1.866.980.9591
E-mail: [email protected] Phone: +372 6 309 300 Live chat
Support Languages
2
15+
Additional Information
Headquarters Location
Toronto, Ontario Canada
Tallinn, Estonia
Complaints (for crypto brokers)
No
No
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