Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.
Qtrade is an award-winning Canadian financial services firm that offers a selection of investing accounts with $8.75 and $6.95 stocks, mutual fund trades and 100+ commission-free ETFs. This is a long-running brand that is well regarded in Canada, where many investors choose it to build their savings account or pension pot. QTrade is also highly trusted and authorized by the Canadian Investment Regulatory Organization (CIRO).
"Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software."
"Qtrade is a good match for Canadian traders who are looking for a reputable and regulated broker to make longer-term investments as well as leveraged trades."
The broker is accessible for beginners with low minimum deposits from $10 and flexible payment methods
Experienced strategy providers can open social trading accounts, with monthly commissions up to 50%
There's a strong range of account types for all experience levels and requirements, including Cent, Pro and Raw spread solutions
Top-tier licensing with the FCA and CySEC and a strong reputation with over 10 years in business
Exness is the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes
Highly competitive spreads are available from 0.1 pips and low commissions from $3.50 per side
There's excellent 24/7 multilingual customer support via telephone, email and live chat
Local payments are available, plus deposits in BTC and USDT
Unlike many other brands, Exness doesn't charge any account maintenance or inactivity fees
The broker offers fast execution speeds for short-term traders, averaging under 25ms
One of the best investment platforms on offer in Canada
Easy to use and award winning platform and customer experience
Good range of US and Canadian stocks as well as funds, ETFs and other assets
Offers a range of accounts to suit standard investments or various types of pension
Simple investor/member login process
Trailing stop loss risk management tool
100+ commission-free ETFs
No deposit or withdrawal fees
There are no promotional deals or loyalty schemes for high-volume day traders
There are several regional restrictions for retail traders including the USA, Europe and the UK
Unlike most competitors, Exness doesn't provide its own education section
Transfer out fee
CAD to USD exchange charge
Commissions of $8.75 per equity can stack up
Limited funding options and no credit/debit card deposits
Only available to residents of Canada. So if you are residents of Dubai, the UK or Lebanon, you will not be eligible
Most People-Centric Broker at Traders Summit 2022
Global Broker of the Year at Traders Summit 2022
Best Customer Support Award at Financial Markets Expo Cairo 2021
Premium Loyalty Program Award at Financial Markets Expo Cairo 2021
Exness offers a selection of CFDs covering forex, stocks, indices, commodities and cryptos, with leverage up to 1:200. Accounts are geared mainly towards experienced day traders, with over 100 technical indicators available in the broker’s proprietary terminal.
CFD trading not offered
An impressive range of around 100 forex pairs are available, more than most other brands. Spreads on major pairs are also tight, from 0.1 pips. Additionally, the broker offers an excellent suite of forex analysis tools, including market news by FXStreet.
Forex trading not offered
There is a small range of popular crypto tokens paired with fiat currencies available, with zero swap fees and no commissions in the Standard account. Trading is available via desktop or mobile apps, and deposits via crypto are also available in some countries.