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TD Direct Investing vs Forex.com : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

TD Direct Investing

TD Direct Investing

VS
Forex.com

Forex.com

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Broker Overview

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

None

Market maker

Years of Existence / Established Year

1984

2001

Customer Base / Number of Accounts

17 M

454k + Customers


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Regulation & Security

Regulations (governing bodies)

CIPF, CIRO

CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC

Awards Won (count for the last 2 years)

No major awards listed

Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics

Security Measures

CIPF

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Fixed income investments, GICs

5, 500+ Stocks

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

No

Yes

ETFs

Yes

No

Stocks

Yes

Yes

Options

Yes

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

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

Forex.com Proprietary platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

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

Standard, Raw spread, MetaTrader account

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$100

Leverage Available

No

50:1

Trade Limit (maximum per trade)

Depends on asset types

No information

Commission (per account type)

NA

Raw account - $7 per 100k USD traded

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

Beginners and experienced traders

Beginners to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Direct bank account, Check

Credit/ debit card, bank wire

Withdrawal Methods

SWIP, Wire payment

Credit/ debit card, bank wire

Other E-Wallets Supported

No

Neteller, skrill


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Tools & Educational Resources

Economic Calendar

Yes

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

Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research


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Fees & Commissions

Trading-Related Fees

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

Commission: Fixed $7 USD per $100k USD traded

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$9.99 + $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

50:1


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Non-Trading Fees

Dormant Fees

NA

$15 inactive for 12 months

Subscription Fees (for premium features, data feeds)

NA

$5

Advisory Fees

NA

$30

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2-$5

NA

Account Opening Fee

Applicable, Depends on account types

$0

Account Maintenance Fee

$25 per quarter

NA

Deposit Fee

$17.50 U.S

$0

Currency Conversion Fee

2.50%

0.50%

Withdrawal Fee

$30-$100

Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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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)

Depends on the instrument offer


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Customer Support

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

Monday to Friday, 7 am to 10 pm ET

24/5

Customer Support Methods (phone, email, live chat)

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

Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750

Support Languages

4

5


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Additional Information

Headquarters Location

66 Wellington Street West, Toronto, ON M5K 1A2

30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.

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.
While TD Direct Investing maintains low trading fees with no minimum deposit, Forex.com includes some charges for premium features and certain asset trades, making TD Direct Investing the better option for budget-focused traders.
The account creation flow at TD Direct Investing is modern and app-driven, making it seamless for new users. Forex.com, however, leans toward traditional processes with forms and verifications that take more time.
While TD Direct Investing focuses on mobile-first design and clean user experience, Forex.com includes features like in-depth charting, integrated news feeds, and strong desktop performance.
Advanced users will enjoy TD Direct Investing capabilities, but Forex.com remains a favorite for its streamlined and beginner-centric approach.