Written by ForexBrokers.com
In this head to head comparison of Questrade vs ACY Securities, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers Questrade and ACY Securities, it's clear that regulatory credentials and trustworthiness vary between the two. Established in 2000, Questrade has built a solid reputation with a ForexBrokers.com Trust Score of 86, placing it in the trusted category. While Questrade is not publicly traded or a bank, it holds two Tier-1 licenses, which are highly trusted by ForexBrokers.com, offering a reassuring level of security for investors.
In contrast, ACY Securities, founded in 2011, has a Trust Score of 75, indicating an average risk according to ForexBrokers.com. Like Questrade, ACY Securities is neither publicly traded nor a bank, but it holds just one Tier-1 license. This single license suggests a step down in regulatory strength compared to Questrade. For potential investors seeking a broker with strong regulatory backing, Questrade stands out with its higher number of top-tier licenses and superior trust score.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Year Founded | 2000 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing online brokers Questrade and ACY Securities in terms of commissions and fees, there are distinct differences to consider. Questrade, with a three-star rating for commissions and fees, ranks near the bottom at #58 out of 63 brokers as evaluated by ForexBrokers.com. This is partly due to its notably high target spreads on the EUR/USD pair, standing at 1.9 pips, which is above the industry average, making Questrade a less economical choice for cost-conscious traders.
On the other hand, ACY Securities, with a commendable 4.5-star rating, holds a #21 ranking in the same category. This broker appeals to a wide range of traders by offering a variety of account types tailored to different trading needs and budgets. While the Standard account comes with spreads slightly higher than average, the ProZero account offers more competitive pricing, achieving slightly better-than-average spreads. ACY Securities' active trader program provides additional savings opportunities, and the ProZero account includes a reduced commission for Australian residents, making it an attractive option for traders aiming to minimize trading costs.
ACY Securities offers three account types with varying trading costs, showing flexibility in catering to different preferences. The commission-free Standard account has a minimal deposit requirement but features wider spreads. In contrast, the commission-based ProZero and Bespoke accounts require larger deposits but offer more competitive spreads. The ProZero account is particularly notable for its reduced commission fees for Australian residents, enhancing its cost-effectiveness and positioning it favorably against competitors like Tickmill.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Minimum Deposit | $250 | $50 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.85 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When evaluating the range of investments offered by Questrade and ACY Securities, both brokers provide a platform for trading forex as CFDs or spot contracts. Questrade stands out with a wider array of tradeable symbols, offering 641 compared to ACY Securities' impressive 2200. However, when it comes to tradeable forex pairs, Questrade takes the lead with 110 pairs available, outmatching ACY Securities' 66 pairs. Furthermore, Questrade gives clients the chance to invest in exchange traded securities on U.S. and international exchanges, unlike ACY Securities, which does not provide this option. For cryptocurrency enthusiasts, both platforms offer trading in cryptocurrency derivatives but not actual cryptocurrencies.
Another distinct feature of ACY Securities is its support for copy trading, a service not available on Questrade. As a reflection of their offerings in range of investments, Questrade earns a stellar 5-star rating, placing it 11th out of 63 brokers on ForexBrokers.com. In comparison, ACY Securities holds a commendable 4-star rating, ranking 30th. These differences highlight the varied approaches each broker takes in catering to the diverse needs of individual investors.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 2200 |
| Forex Pairs (Total) | 110 | 66 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Questrade and ACY Securities both offer a range of trading platforms and tools for online trading, including simulated paper trading accounts and proprietary platforms developed in-house. For traders who prefer desktop access, both brokers provide Windows-based download trading platforms. Additionally, they cater to users who favor web-based trading environments. However, notable differences exist in their offerings: while Questrade does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), ACY Securities extends both options to its users. On the other hand, Questrade offers DupliTrade, a feature absent from ACY Securities' lineup, as both brokers do not support ZuluTrade.
When it comes to charting tools, Questrade edges out ACY Securities by providing 20 drawing tools compared to ACY's 15. Both brokers allow trading directly from charts, a feature appreciated by many traders. In terms of watch list customization, Questrade offers significantly more with 52 columns available, whereas ACY Securities supports just 7. Despite these differences in offerings and tools, both platforms are rated equally at 4 stars for their trading platforms and tools. However, Questrade ranks higher at #34 compared to ACY Securities' #41 out of 63 brokers, according to ForexBrokers.com.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 64 | 30 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 52 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading, both Questrade and ACY Securities offer convenient applications for iPhone and Android users, catering to investors on the go. Each app features useful functions like stock and forex price alerts, real-time quotes, and the ability to draw trendlines on charts. However, Questrade has an edge when it comes to syncing watchlists across platforms, which ACY Securities lacks. Additionally, Questrade provides 64 technical studies for charting, significantly more than ACY’s offering of 30. Both apps allow for multiple time frame views and save drawings automatically, enhancing ease of use for technical analysis enthusiasts.
Both companies have earned four-star ratings for their mobile trading apps, indicating that users find them reliable and effective for trading needs. However, according to ForexBrokers.com, Questrade ranks slightly higher at #34 compared to ACY Securities' position at #40 out of 63 brokers. This might make Questrade a more appealing choice for those seeking a few extra features and a slightly higher-ranking app experience. Whether you choose Questrade or ACY Securities, both platforms offer strong options for managing trades on a mobile device.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When diving into market research tools, Questrade and ACY Securities present some noteworthy differences. ACY Securities holds the advantage in terms of daily market commentary, providing insightful updates for its users. However, when it comes to collaboration with top-tier sources for forex news, neither broker includes services from leading names like Bloomberg or Reuters. On the technical side, Questrade offers tools from Autochartist and Trading Central, aiding traders in technical analysis and fundamental research. In contrast, ACY Securities does not provide these particular tools, focusing its strengths elsewhere.
Both Questrade and ACY Securities offer economic calendars to keep traders informed of significant global events, ensuring you have access to critical upcoming data. While Questrade has the edge with specialized research from TipRanks, ACY Securities relies on other resources. Despite having a similar overall research rating of 3.5 stars, ACY Securities ranks slightly higher than Questrade by ForexBrokers.com in the research category, standing at #45 compared to Questrade's #51 out of 63 brokers. This showcases subtle differences in their market research offerings, aligning with diverse trader preferences.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners in the trading world, both Questrade and ACY Securities offer a solid foundation, providing more than 10 educational pieces focused on forex and CFDs. These resources include articles, videos, and archived webinars, making it convenient for traders to deepen their understanding of the market. Both platforms also have a searchable archive of previously recorded webinars. However, while ACY Securities leads in offering live monthly educational webinars, Questrade lacks this feature. This can impact traders who are looking for real-time interactive learning opportunities.
For beginners seeking video content, both Questrade and ACY Securities deliver with a comprehensive library of over 10 beginner-focused educational videos. However, neither broker provides an extensive selection of advanced videos for more experienced traders. Additionally, both platforms fall short in offering a detailed investor dictionary. Reflecting the mixed bag of strengths and weaknesses, both brokers receive a 3.5-star rating for their educational offerings. Despite being similarly rated, Questrade holds a slightly higher ranking at #36 compared to ACY Securities at #43 in the education category according to ForexBrokers.com.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Questrade is better than ACY Securities. Questrade finished with an overall rank of #32, while ACY Securities finished with an overall rank of #41.
Regulated in both the U.S. and Canada, Questrade is a trusted full-service multi-asset broker now offering forex and CFDs alongside its stock trading services for active and passive investors. While its scope of educational resources and in-house research is limited, Questrade has an impressive platform lineup.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 75 |
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When comparing Questrade and ACY Securities for cryptocurrency trading, both platforms do not offer the ability to buy actual cryptocurrencies, but they do provide options to trade cryptocurrency derivatives, making them suitable for traders interested in derivatives rather than owning digital coins directly.
When comparing Questrade and ACY Securities for online trading, ACY Securities provides more diverse fund transfer options, supporting ACH and SEPA transfers as well as Skrill, unlike Questrade, which offers neither; however, both platforms allow deposits and withdrawals via Visa, Mastercard, and bank wires, with neither accepting PayPal.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Questrade | ACY Securities | |
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| Trust Score | 86 | 75 | |
| Winner | check_circle | ||
| Review | Questrade Review | ACY Securities Review |
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| Regulation | Questrade | ACY Securities | |
|---|---|---|---|
| Trust Score | 86 | 75 | |
| Year Founded | 2000 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Questrade | ACY Securities | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Questrade | ACY Securities | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Questrade | ACY Securities | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 2200 | |
| Forex Pairs (Total) | 110 | 66 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Questrade | ACY Securities | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.85 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | No | No |
| Funding | Questrade | ACY Securities | |
|---|---|---|---|
| Minimum Deposit | $250 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Questrade | ACY Securities | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Questrade | ACY Securities | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 52 | 7 | |
| Charting - Indicators / Studies (Total) | 64 | 30 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Questrade | ACY Securities | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Questrade | ACY Securities | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | ACY Securities | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Questrade | ACY Securities | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Questrade Review | ACY Securities Review |
| Overall | Questrade | ACY Securities | |
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| Trust Score | 86 | 75 | |
| Winner | check_circle | ||
| Review | Questrade Review | ACY Securities Review |
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