TradingCritique

Select Your Brokers to Compare

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

Broker Name

Tickmill

Tickmill

VS
Qtrade

Qtrade

Icon

Broker Overview

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

Both market maker and STP broker

ECN broker

Years of Existence / Established Year

2014

2000

Customer Base / Number of Accounts

134,000+ newly registered accounts, 75,000+ new active clients

1Million


Icon

Regulation & Security

Regulations (governing bodies)

FSA, FCA, FSCA, CySEC,DFSA

IIROC, CIRO

Awards Won (count for the last 2 years)

ForexBrokers.com Annual Forex Broker Review 2024, Best Trading Spread Brokersview 2024, Rankia Argentina 2024, Best Spreads for Gold Trading FX Empire 2024, Best Spreads in the UK FX Empire 2024, Finance Magnates Africa Summit 2023

No major awards listed

Security Measures

FSCS, ICF

CIPF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

500+ stocks and ETFs

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

Currency Pairs

Yes

No

Commodities

Yes

No

Indices

Yes

No

Cryptocurrencies

Yes

No

CFDs

Yes

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

No

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

No

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

Yes

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

Tick mill trader app

Qtrade trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Classic, Raw, Tickmill trader raw account for Forex and CFDs

Cash- Individual, Society, Joint, Religious organization, Trust, Investment club, Estates Company, Registered accounts- FHSA, TFSA, RRSP, LIRA/ LRSP, RESP, RIF, LIF

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$0

Leverage Available

1:1 to 1:1000

No

Trade Limit (maximum per trade)

100 lots

$500,000

Commission (per account type)

Tickmill trader raw account- $3.50 per lot per side, Raw account- $3 per lot per side, Classic account -$0

$0

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

Beginner to experienced traders

Long term investor and self-directed investment options


Icon

Deposit & Withdrawal Options

Deposit Methods

Bank transfer, Crypto payments, Visa/ Mastercard, Union pay, e-wallets

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

Withdrawal Methods

Bank transfer, Crypto payments, Visa/ Mastercard, Union pay, e-wallets

Bank transfer

Other E-Wallets Supported

Skrill, Neteller, Stic Pay, FasaPay, Web money

No


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Trading Education, Market Analysis, Webinars, eBooks and Guides, Video Tutorials, Tickmill Analytics Market Insights

Education- New to investing, Experienced with investing, Weekly Market Pulse


Icon

Fees & Commissions

Trading-Related Fees

Spread classic account- 1.6 pips, Raw account - 0.0pips

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 (typical, fixed, variable)

Variable

NA

Per Lot Fees

$3

NA

Options Contract Fees

NA

$8.75 + $1.25 per contract/ $6.95 + $1.25 per contract

Futures Contract Fees

$0.85

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

No


Icon

Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

$45 / security

Statement or Document Fee

NA

$2.50 / trade Paper account statements $6 / quarter

Account Opening Fee

NA

$100 setup + $50 / year after first year

Account Maintenance Fee

$0

$25/ quarter

Deposit Fee

$0

$0

Currency Conversion Fee

NA

$100 / transaction

Withdrawal Fee

$0

Account transfer out $150


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Monday from 00:02 until 24:00, from Tuesday 00:00 to Thursday 24:00 and on Friday from 00:00 until 23:58

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


Icon

Customer Support

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

24/7

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

Customer Support Methods (phone, email, live chat)

Client Support phone : +852 5808 7849, Email: [email protected], Live chat

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

Support Languages

15+

2


Icon

Additional Information

Headquarters Location

3rd Floor, 27 - 32 Old Jewry Tickmill London, Greater London EC2R 8DQ GB.

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.
If minimizing trading costs is your top priority, Tickmill might be more attractive due to its lower commissions. Meanwhile, Qtrade justifies its moderate fees with more robust tools and professional-grade features.
Creating an account with Tickmill is generally faster and more user-friendly, often taking just a few minutes, while Qtrade requires more detailed steps and identity verification, which may suit more cautious investors.
Traders who value simplicity and execution speed may prefer Tickmill platform. Meanwhile, Qtrade offers more flexibility through tools like advanced order types and multi-screen support.
If you're after professional-grade platforms, Tickmill may be ideal. For casual investors, Qtrade offers a low-barrier entry.