TradingCritique

Select Your Brokers to Compare

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

Broker Name

Qtrade

Qtrade

VS
Spreadex

Spreadex

Icon

Broker Overview

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

ECN broker

STP

Years of Existence / Established Year

2000

1999

Customer Base / Number of Accounts

1Million

60,000+ traders


Icon

Regulation & Security

Regulations (governing bodies)

IIROC, CIRO

FCA

Awards Won (count for the last 2 years)

No major awards listed

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

Security Measures

CIPF

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

100+ commission-free ETFs, GIC, Exchange-traded debentures, Fixed income

10,000 trading assets

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

No

Futures

No

No

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


Icon

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.)

Qtrade trading platform

Spreadex TradingView

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

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

Spread betting Financial trading

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

€0

Leverage Available

No

30:1

Trade Limit (maximum per trade)

$500,000

Varies by instrument

Commission (per account type)

$0

€2.50 per lot

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

Long term investor and self-directed investment options

Only experienced


Icon

Deposit & Withdrawal Options

Deposit Methods

Electronic fund transfer,bank transfer, e-transfer services, Bill payment

Easy Bank transfer UK Debit cards Credit card E-wallets

Withdrawal Methods

Bank transfer

Bank Transfer Credit / Debit Cards

Other E-Wallets Supported

No

Apple Pay


Icon

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

Customisable platform 35+ technical indicators Price alerts


Icon

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

Spread starts from 0.6 pips

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

NA

Maximum Leverage

No

30:1


Icon

Non-Trading Fees

Dormant Fees

$0

1 per month

Subscription Fees (for premium features, data feeds)

NA

€0

Advisory Fees

NA

€0

Swap Fees (Overnight Financing)

$45 / security

Yes

Statement or Document Fee

$2.50 / trade Paper account statements $6 / quarter

€0

Account Opening Fee

$100 setup + $50 / year after first year

€0

Account Maintenance Fee

$25/ quarter

€0

Deposit Fee

$0

€0

Currency Conversion Fee

$100 / transaction

Info not available

Withdrawal Fee

Account transfer out $150

€0


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

Yes

No


Icon

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

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


Icon

Customer Support

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

Monday to Friday 8:30 am to 8:00 pm ET

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

Customer Support Methods (phone, email, live chat)

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

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

Support Languages

2

1


Icon

Additional Information

Headquarters Location

Canada

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

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 stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Spreadex offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
Creating an account with Qtrade is generally faster and more user-friendly, often taking just a few minutes, while Spreadex requires more detailed steps and identity verification, which may suit more cautious investors.
New traders may find Freetrade interface more welcoming, while Spreadex appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
If you're after professional-grade platforms, Qtrade may be ideal. For casual investors, Spreadex offers a low-barrier entry.