Coinsquare : A Data-Rich Breakdown. Fees, Ratings & Analysis.
Canada
About Coinsquare
The Good
- • The "Pro" interface offers a highly competitive, flat 0.50% Maker/Taker model right out of the gate.
- • Fully regulated by CIRO as an investment dealer.
- • 100% free CAD deposits and Interac e-Transfer withdrawals.
The Bad
- • Staking commissions are aggressively high (taking a 25% to 30% cut of your rewards).
- • Withdrawing fiat via direct bank transfer incurs a steep 1.5% penalty fee.
Detailed Fee Structure
Updated 2026| Fee Type | Network / Method | Cost |
|---|---|---|
|
Trading Fee (Maker)
Coinsquare Pro Maker fee (scales down for users with over $10k volume).
|
Standard
|
0.500% |
|
Trading Fee (Taker)
Coinsquare Pro Taker fee (scales down for high volume users).
|
Standard
|
0.500% |
|
Spread
Standard "Coinsquare Trade" app uses a 0.50% to 1.85% spread (can increase during adverse market conditions).
|
Standard
|
0.500% - 2.500% |
|
Staking Commission
Coinsquare takes a 25% to 30% cut of the generated staking rewards depending on the asset (e.g., 25% for ETH, 30% for TIA).
|
Standard
|
25.000% - 30.000% |
|
Fiat Deposit
Free CAD deposits via Interac e-Transfer and Wire Transfer.
|
Standard
|
Free |
|
Fiat Withdrawal
Free Interac withdrawals (limit 1 per day). Direct Bank and Wire transfers incur a 1.5% processing fee.
|
Standard
|
0.000% - 1.500% |
|
Crypto Withdrawal
Dynamic network gas fees for most assets (BTC, ETH, USDC). Subsidized as Free (0 fee) for select networks like XRP, LTC, and XLM.
|
Standard
|
Dynamic |
Platform Features
FINTRAC Registered
Registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business, ensuring strict AML/ATF compliance.
Offers Staking
Integrated proof-of-stake protocols allowing users to delegate assets and generate yield directly from the blockchain network.
Allows External Transfers
Full self-custody support enabling seamless withdrawals and deposits to personal hardware or software wallets.
Based in Canada
Headquartered and operated entirely within Canada, ensuring adherence to local jurisdictional laws and data sovereignty.
Auto-Invest (DCA)
Automated dollar-cost averaging (DCA) functionality for disciplined, recurring portfolio accumulation.
Proof of Reserves Published
Regularly publishes cryptographically verifiable Proof of Reserves (PoR) audits to guarantee 1:1 client asset backing.
SOC 2 / ISO 27001 Certified
Adheres to enterprise-grade security frameworks, independently audited for SOC 2 Type 2 and/or ISO 27001 compliance.
Instant Interac Deposits
Optimized payment rails providing near-instantaneous CAD deposits and withdrawals via Interac e-Transfer.
Mobile App (iOS/Android)
Fully optimized, native iOS and Android applications delivering comprehensive trading capabilities on the go.
Live Chat Support
Premium, real-time customer resolution infrastructure via live chat, minimizing operational downtime for users.
CSA / CIRO Registered
Formally registered as a Restricted Dealer or Investment Dealer with the Canadian Securities Administrators (CSA) and CIRO.
OTC Trading Desk
White-glove Over-The-Counter (OTC) execution desk providing deep liquidity and price-impact protection for high-net-worth block trades.
CIPF Member
Membership in the Canadian Investor Protection Fund (CIPF), insuring eligible fiat balances against platform insolvency up to $1,000,000.
Supported Assets (19+)
A complete list of digital assets available for trading on Coinsquare.