TradingCritique

Select Your Brokers to Compare

Questrade vs Admiral Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Questrade

Questrade

VS
Admiral Markets

Admiral Markets

Icon

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


Icon

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


Icon

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

No

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

No

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


Icon

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


Icon

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


Icon

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


Icon

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


Icon

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%


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


Icon

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


Icon

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+


Icon

Additional Information

Headquarters Location

Toronto, Ontario Canada

Tallinn, Estonia

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.
Both Questrade and Admiral Markets offer affordable fee structures, but Questrade generally edges out with no inactivity fees and lower commissions on standard trades, whereas Admiral Markets shines with bundled research and platform access.
Account approval at Questrade is usually completed within hours, often with automated ID checks. Admiral Markets might take longer due to manual reviews, but provides in-depth onboarding support along the way.
If you're trading on-the-go, Questrade mobile platform is fluid and intuitive. Admiral Markets desktop and web apps are more robust, making them suitable for in-depth trading sessions.
Advanced users will enjoy Questrade capabilities, but Admiral Markets remains a favorite for its streamlined and beginner-centric approach.