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

Broker Name

Spreadex

Spreadex

VS
Questrade

Questrade

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Broker Overview

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

STP

ECN

Years of Existence / Established Year

1999

1999

Customer Base / Number of Accounts

60,000+ traders

Info not available


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Regulation & Security

Regulations (governing bodies)

FCA

CIRO

Awards Won (count for the last 2 years)

Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards

DALBAR seal of service excellence in 2024 for the 6th consecutive year Canada's #1 rated online broker by MoneySense

Security Measures

FSCS

CIPF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

No

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000 trading assets

GICs IPOs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

No

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

No

Other Trading Platforms (proprietary, etc.)

Spreadex TradingView

All-in-One Platforms Questrade Trading Quest MobileAdvanced Trading Platforms Questrade Edge Mobile Questrade Edge Questrade Global

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Spread betting Financial trading

Tax-Free Savings Account - TFSA Registered Retirement Savings Plan - RRSP First Home Savings Account - FHSA Registered Education Savings Plan - RESP

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

€0

$250

Leverage Available

30:1

NA

Trade Limit (maximum per trade)

Varies by instrument

Varies by instrument

Commission (per account type)

€2.50 per lot

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)

Best Suited For (e.g., beginners, experienced traders)

Only experienced

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Easy Bank transfer UK Debit cards Credit card E-wallets

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

Withdrawal Methods

Bank Transfer Credit / Debit Cards

EFTs (CAD or USD) Wire transfers (CAD or USD)

Other E-Wallets Supported

Apple Pay

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Customisable platform 35+ technical indicators Price alerts

TradingView TipRanks OptionsPlay Multileg options trading


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Fees & Commissions

Trading-Related Fees

Spread starts from 0.6 pips

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

Spread (typical, fixed, variable)

Variable

Fixed

Per Lot Fees

NA

$1 per contract for options

Options Contract Fees

NA

$9.95 + $1 / contract

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

30:1

NA


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Non-Trading Fees

Dormant Fees

1 per month

$0

Subscription Fees (for premium features, data feeds)

€0

$0

Advisory Fees

€0

$0

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

€0

estatement - free Copy of statement - $20 Unclaimed property - $29.95 per quarter Regular mail - $10

Account Opening Fee

€0

$0

Account Maintenance Fee

€0

Portfolio fees 0.25% with a balance of $1000 - $99,999 0.20% with a balance of $100,000+

Deposit Fee

€0

CAD EFT upto $50,000 - free USD EFT upto $25,000 - free CAD Wire transfer - $20 USD wire transfer - $30 International wire transfer - $40

Currency Conversion Fee

Info not available

1.50%

Withdrawal Fee

€0

EFTs - Free Wire transfer - $20 CAD for CAD wire $30 USD for USD wire $40 USD/CAD for international wires


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

No

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm

North Americal Stock Markets 9:30am to 4pm ET Pre-market hours - 7am to 9:30am Post-market hours - 4pm to 8pm


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

7 days a week 8:00am to 5:30pm

24x5

Customer Support Methods (phone, email, live chat)

Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]

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

Support Languages

1

2


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Additional Information

Headquarters Location

Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU

Toronto, Ontario Canada

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 Spreadex and Questrade offer affordable fee structures, but Spreadex generally edges out with no inactivity fees and lower commissions on standard trades, whereas Questrade shines with bundled research and platform access.
The account creation flow at Spreadex is modern and app-driven, making it seamless for new users. Questrade , however, leans toward traditional processes with forms and verifications that take more time.
Spreadex provides a modern trading experience with its proprietary platform, ideal for technical traders. Questrade , on the other hand, offers more research tools and is better suited for data-driven investors.
Spreadex strength lies in high-performance trading, while Questrade provides a more accessible route for everyday investors.