Global Prime vs Qtrade Direct Investing - BrokerCue
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Broker Comparison

Global Prime vs Qtrade Direct Investing

Compare Global Prime and Qtrade Direct Investing side by side: fees, regulation, platforms.

Global Prime

Global Prime

Forex and CFD traders seeking tight ECN spreads

Global Prime is an ASIC-regulated Australian forex and CFD broker offering 150+ instruments across forex, indโ€ฆ

VS
Qtrade Direct Investing

Qtrade Direct Investing

Canadian self-directed investors seeking research tools

Qtrade Direct Investing is a Canadian online brokerage offering zero-commission trading on stocks, ETFs and mโ€ฆ

Head-to-head comparison

Global Prime vs Qtrade Direct Investing
Feature Global Prime Qtrade Direct Investing
Minimum deposit - -
Stock trading fee - $0 per trade (Canadian and U.S. exchanges)
Regulators ASIC, VFSC CIRO, CIPF
Best for Forex and CFD traders seeking tight ECN spreads Canadian self-directed investors seeking research tools
Markets & account
Stocks
-
ETFs
-
Forex
-
CFDs
-
Crypto
-
Bonds
Options
-
Margin
Multi Currency
-
Demo Account
Funds
-
Ready Made Portfolios
-
Business Account
-

Pros & cons

Global Prime

Global Prime

Pros

  • ASIC Tier 1 regulation with segregated client funds
  • Raw account spreads from 0.0 pips on major forex pairs
  • No deposit, withdrawal, or inactivity fees
  • No minimum deposit required
  • Supports MetaTrader 4 and MetaTrader 5 across desktop, web and mobile
  • 150+ tradable instruments across multiple asset classes
  • Negative balance protection available
  • 24/7 customer support

Cons

  • Not available to US or Canadian residents
  • VFSC (Vanuatu) entity carries lower regulatory protection than ASIC
  • Limited platform choice compared to brokers offering cTrader or TradingView
  • Standard account spreads from 0.9 pips are wider than raw ECN pricing
  • No options or futures trading
  • Limited educational resources compared to larger retail brokers
Qtrade Direct Investing

Qtrade Direct Investing

Pros

  • Zero-commission trading on stocks, ETFs and mutual funds since October 2025
  • No quarterly account or inactivity fees
  • Strong research tools including Morningstar analyst reports and screeners
  • Portfolio analytics with risk exposure and ESG scoring
  • Qtrade Guided Portfolios robo-advisor available for hands-off investors
  • Wide range of registered account types (TFSA, RRSP, FHSA, RESP, RRIF, LIRA, LIF)
  • Pre-market and after-hours trading available for U.S. markets
  • 30-day free trial account for platform exploration

Cons

  • No support for forex, CFDs, crypto, futures or precious metals
  • No fractional share trading
  • Currency conversion markup of approximately 0.9% applies to U.S. trades
  • Stock alerts not available on the mobile app
  • Options fee of $0.75 per contract is not the cheapest in Canada
  • Transfer-out fee of $150 per account
  • Limited to Canadian and U.S. exchanges only
  • 30-day trial account is view-only and does not support simulated trading
Global Prime

Global Prime

Global Prime is an ASIC-regulated Australian forex and CFD broker offering 150+ instruments across forex, indices, stocks, commodities, bonds, and crypto CFDs via MetaTrader 4 and MetaTrader 5.

Your capital is at risk. Other fees apply.

Qtrade Direct Investing

Qtrade Direct Investing

Qtrade Direct Investing is a Canadian online brokerage offering zero-commission trading on stocks, ETFs and mutual funds, with strong research tools and a robo-advisor option.

Your capital is at risk. Other fees apply.

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