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

Broker Name

TD Direct Investing

Venom Trading

Broker Overview

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

None

ECN

Years of Existence / Established Year

1984

2004

Customer Base / Number of Accounts

17 M

Info not available

Regulation & Security

Regulations (governing bodies)

CIPF, CIRO

FINRA NFA SIPC

Awards Won (count for the last 2 years)

No major awards listed

Best in class for professional trading by stockbrokers.com

Security Measures

CIPF

SIPC

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

Currency Pairs

Yes

Commodities

Indices

Cryptocurrencies

Yes

CFDs

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

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

Venom mobile Venom desktop Venom web

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes except Mac

Account Types & Conditions

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

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

Individual account IRA account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$5,000

Leverage Available

1:4

Trade Limit (maximum per trade)

Depends on asset types

Trade size vary on each asset

Commission (per account type)

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

Beginners and experienced traders

Experienced

Deposit & Withdrawal Options

Deposit Methods

Direct bank account, Check

Wire transfer ACH transfer Online bill pay

Withdrawal Methods

SWIP, Wire payment

ACATS DWAC DRS

Other E-Wallets Supported

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

Short videos & courses Recorded webinars

Fees & Commissions

Trading-Related Fees

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

Equities - $0.004/share Options - $0.75 per contract Futures - $1.25 / contract

Spread (typical, fixed, variable)

Typical

Per Lot Fees

Options Contract Fees

$9.99 + $1.25 per contract

$0.75 per contract

Futures Contract Fees

$1.25 per contract per side

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

1:4

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

$2-$5

Account Opening Fee

Applicable, Depends on account types

Account Maintenance Fee

$25 per quarter

IRA - $7.5 quarterly fee

Deposit Fee

$17.50 U.S

Currency Conversion Fee

2.50%

Vary for different exchanges

Withdrawal Fee

$30-$100

Wires - $10 Checks - $4 ACH/EFT - $1 SEPA - NA

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 to Friday - 7am to 4.30pm CST

Customer Support

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

Monday to Friday, 7 am to 10 pm ET

24/5 weekday customer service

Customer Support Methods (phone, email, live chat)

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

Ph-877-792-6272 Customer service line - 877-442-2757 Fax - 972-491-3111 Email - [email protected]

Support Languages

Additional Information

Headquarters Location

66 Wellington Street West, Toronto, ON M5K 1A2

3008 E. Hebron Pkwy Building 400, Carrolton TX 75010

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, Venom Trading fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.

New users will likely find TD Direct Investing sign-up process more intuitive. Meanwhile, Venom Trading takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.

New traders may find TD Direct Investing interface more welcoming, while Venom Trading appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.

Advanced users will enjoy TD Direct Investing capabilities, but Venom Trading remains a favorite for its streamlined and beginner-centric approach.

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