Updated September 29, 2026 · BrokerCue Editorial Team
BMO InvestorLine vs quantfury
Where BMO InvestorLine and quantfury differ
| Compare |  BMO InvestorLine |  quantfury |
|---|---|---|
| Stock trade fee | CA$0 | $0 |
| Account fee | CA$0 | $0 |
| Markets | Stocks, ETFs, Options, Bonds, Funds | Stocks, ETFs, Forex, Futures, Crypto |
| Margin rate | 8.75% | 0%Lower |
| Inactivity fee | CA$0 | Not confirmed |
| Regulators | Not confirmed | Financial Conduct Authority (FCA), Securities Commission of The Bahamas, SEC and FINRA, Financial Superintendence of Colombia (SFC) |
| Investor protection | Not confirmed | FSCS up to GBP 85,000 |
| Currency conversion fee | 0.4% to 1.6% | Not confirmed |
| Options contract fee | CA$0.90 | Not confirmed |
| Deposit and withdrawal fees | $0 EFT, $10 wire | Not confirmed |
| Platforms | Not confirmed | Web Platform, Mobile App |
| Maximum retail leverage | Not confirmed | 20x trading power |
| Interest on cash | Not confirmed | 4.5% |
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Key differences
- BMO InvestorLine scores higher overall: 9.4 vs 9.3.
- Founded is lower at BMO InvestorLine: 1988 vs 2017.
- Margin rate is lower at quantfury: 0% vs 8.75%.
- Markets: only BMO InvestorLine offers Options, Bonds, Funds.
- Markets: only quantfury offers Forex, Futures, Crypto.
- Support channels: only BMO InvestorLine offers Phone, Chat.
- Support channels: only quantfury offers Help centre.
- Features: only BMO InvestorLine offers Options.
- Features: only quantfury offers Crypto.
Our verdict on each
BMO InvestorLine
BMO InvestorLine suits Canadian investors who want a bank-backed broker without account or inactivity charges, trading stocks and ETFs commission free. What sets it apart is the pairing of a CAD 0 stock trade fee with a CAD 0 account fee, though currency conversion and options add cost.
quantfury
Quantfury suits traders who want commission-free dealing across stocks, ETFs, forex, futures and crypto, and who are happy to self-serve. The stock trade fee is $0 and the account fee is $0, both of which rank at the top of our data.
Score breakdown
| Area | BMO InvestorLine | quantfury |
|---|---|---|
| Cost | 9.2Commission-free stock and ETF trades, no account fee and no inactivity fee, with options and margin priced separately at CAD 0.90 and 8.75%. | 9.5Higher |
| Offer | 9.2Higher | 9.1Commission-free model, stock trade fee of $0 and account fee of $0 |
| Trust | 9.6Higher | 9.1 |
Licences and countries
| Country | BMO InvestorLine | quantfury |
|---|---|---|
| Bahamas | Not confirmed | Securities Commission of The Bahamas SIA-F204 |
| Colombia | Not confirmed | Financial Superintendence of Colombia (SFC) Resolution 2287 of 2024 |
| United Kingdom | Not confirmed | |
| United States | Not confirmed | SEC and FINRA CRD#: 318437/SEC#: 8-70934 |
Feature by feature
| Markets | BMO InvestorLine | quantfury |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | No | Yes |
| Options | Yes | No |
| Futures | No | Yes |
| Crypto | No | Yes |
| Bonds | Yes | No |
| Funds | Yes | No |
Pick BMO InvestorLine if, pick quantfury if
Pick BMO InvestorLine if trust matter most.
Pick quantfury if cost and margin rate matter most.
What we checked
BMO InvestorLine
- finder.com: 5 facts, checked September 26, 2026
- newsroom.bmo.com: 3 facts, checked September 26, 2026
- hellosafe.ca: 2 facts, checked September 26, 2026
- stockwatch.com: 1 fact, checked September 26, 2026
- wowa.ca: 1 fact, checked September 26, 2026
quantfury
- quantfury.com: 13 facts, checked September 26, 2026
- help.quantfury.com: 1 fact, checked September 26, 2026
How they place
| Ranking | BMO InvestorLine | quantfury |
|---|---|---|
| Stock and ETF brokers | 43 of 490 | 68 of 490 |
| Margin trading brokers | 6 of 22 | 12 of 22 |
Every fact side by side
| Fact | BMO InvestorLine | quantfury |
|---|---|---|
| Features | Mobile app, Options | Crypto, Mobile app |
| Pricing model | Commission free | Commission free |
| Legal entity | Not confirmed | Quantfury Trading UK Limited |
| Founded | 1988Lower | 2017 |
| Support channels | Phone, Chat | Help centre |
Where each stands against the rest
| Fact | BMO InvestorLine | quantfury | Median |
|---|---|---|---|
| Currency conversion fee | 0.4% to 1.6%at the median | Not confirmed | 0.4 |
| Margin rate | 8.75%below the median | 0%lowest quarter | 8.79% |
| Options contract fee | CA$0.90at the median | Not confirmed | CA$0.90 |
| Interest on cash | Not confirmed | 4.5%highest quarter | 3% |
Median across 34 listed brokers.
Pros and cons
BMO InvestorLine
Pros
- Stock and ETF trades cost CAD 0 and the account fee is CAD 0, so holding a portfolio costs nothing.
- The inactivity fee is CAD 0, so an untouched account is not charged.
- Support runs on phone and chat, giving a phone line and live chat.
Cons
- Margin borrowing is priced at 8.75%, so a leveraged position carries a borrowing cost.
- Options contracts carry a fee of CAD 0.90 each.
- Currency conversion is the hidden cost, at 0.4% to 1.6%, and deposits and withdrawals run $0 EFT, $10 wire.
quantfury
Pros
- Stock trade fee of $0 ranks 1 of 161 brands in our data
- Account fee of $0 ranks 1 of 138 brands on our data
- Commission-free model on commission free for stocks, ETFs, forex, futures and crypto
Cons
- Support runs on help centre only, so questions about money and positions go through articles rather than a live team
- Margin is charged at 0%, but leverage up to 20x trading power magnifies how fast a losing position can grow
- The market list in stocks, etfs and forex stops short of the CFD and metal ranges that peers such as eToro and Vantage carry
Who each suits
BMO InvestorLine
Who it suits
- Investors who want a long term stock, ETF, bond and fund portfolio without a standing account charge.
- Traders who mainly trade Canadian equities and want phone and chat support for questions.
- Anyone already inside a bank relationship who values a long operating history.
Who should look elsewhere
- Day traders who live in currencies other than the Canadian dollar and would feel the 0.4% to 1.6% on every conversion.
- Options buyers who place frequent contracts and would pay CAD 0.90 each time.
- Leveraged traders, because margin costs 8.75%.
quantfury
Who it suits
- Traders who pay a commission per trade elsewhere and want that cost gone
- Investors who keep cash on the platform and want it to earn 4.5%
- Crypto holders who want spot, not leveraged derivatives, alongside equities
Who should look elsewhere
- Anyone who needs a human support line, since support runs on help centre
- Forex traders who need metals or CFDs, missing from stocks, etfs and forex
Questions about each
BMO InvestorLine
How much does it cost to open and hold a BMO InvestorLine account?+
The account fee is CAD 0 and the inactivity fee is CAD 0, so there is no standing or dormant charge on the account. Stock and ETF trades themselves cost CAD 0. The costs that do appear are on currency conversion, options and margin.
What does it cost to trade a stock or an ETF?+
Stock and ETF trades are commission free, priced at CAD 0. The platform is listed as a commission-free model. Costs appear elsewhere: currency conversion at 0.4% to 1.6%, options at CAD 0.90 per contract, and margin at 8.75%.
quantfury
What does it cost to trade stocks on Quantfury?+
The stock trade fee is $0 and the account fee is $0, under a commission-free model. In our data the trade fee ranks 1 of 161 brands and the account fee 1 of 138. Uninvested cash earns 4.5%, so holding a balance is not a drag.
Is my money protected if Quantfury fails?+
UK clients are covered by the Financial Conduct Authority licence 577611 and sit under the FSCS, with investor protection of FSCS up to GBP 85,000. Clients in the Bahamas, the US and Colombia are covered under their own regulators instead, under SIA-F204, CRD#: 318437/SEC#: 8-70934 and Resolution 2287 of 2024.