TD Direct Investing vs Spreadex : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

TD Direct Investing

Spreadex

Broker Overview

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

None

STP

Years of Existence / Established Year

1984

1999

Customer Base / Number of Accounts

17 M

60,000+ traders

Regulation & Security

Regulations (governing bodies)

CIPF, 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

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Fixed income investments, GICs

10,000 trading assets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Copy Trading

Other Trading Platforms (proprietary, etc.)

TD app, web trader, Advanced dashboard, TD active trader

Spreadex TradingView

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Margin account, cash trading account, TFSA, RSP, RESP, RIF, LIRA, LIF, RDSP

Spread betting Financial trading

Demo Account (Yes/No)

Islamic Accounts (Yes/No)

Minimum Deposit

€0

Leverage Available

30:1

Trade Limit (maximum per trade)

Depends on asset types

Varies by instrument

Commission (per account type)

€2.50 per lot

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

Beginners and experienced traders

Only experienced

Deposit & Withdrawal Options

Deposit Methods

Direct bank account, Check

Easy Bank transfer UK Debit cards Credit card E-wallets

Withdrawal Methods

SWIP, Wire payment

Bank Transfer Credit / Debit Cards

Other E-Wallets Supported

Apple Pay

Tools & Educational Resources

Economic Calendar

Yes

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

Learning Centre - Investing Education, Market Insights and Analysis, Webinars, Investing Guides, Video Tutorials, TD Direct Investing Community Forum

Customisable platform 35+ technical indicators Price alerts

Fees & Commissions

Trading-Related Fees

Commission -mutual funds- $0 , IPOs, Equities- $7.00- $9.99, Stock - $3- $43, Bonds- $40 + $1.50/1,000

Spread starts from 0.6 pips

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$9.99 + $1.25 per contract

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

30:1

Non-Trading Fees

Dormant Fees

1 per month

Subscription Fees (for premium features, data feeds)

€0

Advisory Fees

€0

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

$2-$5

€0

Account Opening Fee

Applicable, Depends on account types

€0

Account Maintenance Fee

$25 per quarter

€0

Deposit Fee

$17.50 U.S

€0

Currency Conversion Fee

2.50%

Info not available

Withdrawal Fee

$30-$100

€0

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Pre-market trading hours (8 a.m. to 9:30 a.m. ET) and after-hours trading (4 p.m. to 8 p.m. 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

Customer Support

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

Monday to Friday, 7 am to 10 pm ET

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

Customer Support Methods (phone, email, live chat)

Phone: 1-800-465-5463, , Book an appointment

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

Support Languages

Additional Information

Headquarters Location

66 Wellington Street West, Toronto, ON M5K 1A2

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

Complaints (for crypto brokers)

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.

TD Direct Investing is known for competitive pricing on basic trades, especially for beginners. However, Spreadex fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.

Account approval at TD Direct Investing is usually completed within hours, often with automated ID checks. Spreadex might take longer due to manual reviews, but provides in-depth onboarding support along the way.

The trading interface of TD Direct Investing is known for its speed and ease-of-use, while Spreadex shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.

For market veterans, TD Direct Investing brings the tools they need. New investors might find Spreadex more approachable and cost-effective.

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