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, one can easily gauge their trustworthiness through their Trust Score ratings. Established in 2000, Questrade holds two Tier-1 licenses and has a Trust Score of 86, placing it in the 'trusted' category. Although it is not publicly traded or a bank, these credentials ensure that Questrade offers a secure trading environment for its users.
ACY Securities, founded in 2011, possesses one Tier-1 license and boasts a Trust Score of 75, which is considered to be an 'average risk.' Like Questrade, ACY Securities is neither publicly traded nor a bank. While its Trust Score is lower than Questrade's, ACY Securities remains a viable option for traders who value regulatory compliance and security measures.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Year Founded | 2000 | 2011 |
| Publicly Traded (Listed) | ||
| Bank | ||
| 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 | Yes | |
| ACH or SEPA Transfers | Yes | |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Questrade and ACY Securities both offer forex trading through CFDs and spot contracts, but their range of investments varies significantly. Questrade provides access to 641 tradeable symbols, including 110 forex pairs, making it highly appealing for diversified traders. This platform also allows customers to buy exchange-traded securities on both U.S. and international exchanges, such as purchasing Apple shares on NASDAQ or Vodafone shares on the London Stock Exchange. For cryptocurrency enthusiasts, Questrade offers cryptocurrency derivatives, though not actual cryptocurrencies.
In contrast, ACY Securities stands out by offering a larger selection of 2200 tradeable symbols, however, it hosts only 66 forex pairs. ACY Securities supports copy trading, providing additional opportunities for those interested in social trading. While it offers cryptocurrency derivatives like Questrade, ACY Securities does not provide access to direct exchange-traded securities on U.S. or international exchanges. Despite its broader range of symbols, ACY Securities receives a 4-star rating for its range of investments compared to Questrade's 5-star rating, and ranks #30 out of 63 brokers according to ForexBrokers.com, whereas Questrade ranks at #11.
| 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 | |
| Int'l Stock Trading (Non CFD) | Yes | |
| Social Trading / Copy Trading | Yes | |
| Cryptocurrency (Physical) | ||
| 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 provide a range of features and tools aimed at enhancing your online trading experience. Both platforms support simulated trading through virtual accounts, allowing users to practice without financial risk. They also offer proprietary platforms, which means each broker has developed its own trading software tailored to its customers' needs. For those who prefer trading from their desktops, both platforms provide Windows-based download options, as well as the convenience of web-based trading if you want to trade directly from your browser. However, ACY Securities takes an edge in copy trading options and also supports MetaTrader 4 and 5, whereas Questrade shines with the integration of DupliTrade for streamlined investment strategies.
When examining charting capabilities, Questrade offers more variety with 20 drawing tools compared to ACY Securities’ 15, yet both platforms allow users to trade directly from stock charts. For watch lists, Questrade offers a wider array of customizability with 52 columns, far surpassing ACY Securities' 7 columns. Both brokers receive a solid 4-star rating for their trading platforms and tools. Though close in ranking, Questrade holds a slight advantage being ranked #34, whereas ACY Securities is positioned at #41 out of 63 brokers reviewed by ForexBrokers.com. In conclusion, both brokers present compelling options depending on the trading functionalities you prioritize.
| 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 | Yes | |
| MetaTrader 4 (MT4) | Yes | |
| MetaTrader 5 (MT5) | Yes | |
| DupliTrade | Yes | |
| ZuluTrade | ||
| Charting - Indicators / Studies (Total) | 64 | 30 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 52 | 7 |
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When comparing the mobile trading apps of Questrade and ACY Securities, both offer iPhone and Android versions, ensuring accessibility across popular platforms. Each app provides useful features like stock and forex price alerts, the ability to create watchlists with real-time quotes, and functionality to draw trendlines on charts. Regarding their charting capabilities, Questrade stands out with 64 technical studies compared to ACY Securities' 30, offering users more in-depth analytical tools. Both apps, however, enable users to view different time frames and auto-save chart drawings, catering to a wide range of trading styles.
For seamless integration, Questrade allows watchlist symbol syncing, meaning changes on the mobile app or the online account sync automatically. Unfortunately, ACY Securities lacks this feature. Despite both receiving a four-star rating for their mobile trading apps, Questrade edges out slightly higher with a ranking of 34 out of 63 brokers by ForexBrokers.com, as opposed to ACY Securities' ranking of 40. Overall, both platforms provide strong mobile trading experiences, with Questrade offering a few extra features that could sway more demanding traders.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | |
| 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 comparing market research offerings between Questrade and ACY Securities, several distinctions become apparent. ACY Securities provides daily market commentary and an economic calendar, keeping traders informed on global news events. Although ACY Securities offers forex news, it's not explicitly sourced from leading providers like Bloomberg and Reuters. On the other hand, Questrade doesn't provide daily market commentary but includes tools from Autochartist and Trading Central, widely recognized for their technical and fundamental research capabilities. Additionally, Questrade offers market research via TipRanks, equipping users with insights into market trends and analyst ratings. Both brokers offer an economic calendar, ensuring traders are well-informed of global events.
In terms of research rankings, Questrade and ACY Securities hold similar ratings, each earning 3.5 stars out of five for their research offerings. However, in a comparison of 63 brokers, ACY Securities ranks slightly higher at 45th place compared to Questrade's 51st position. While neither provides a sentiment-based trading tool, they offer diverse features catering to both beginner and more experienced traders. Ultimately, the choice between these brokers may depend on whether you prioritize daily commentary or specialized research tools in your trading strategy.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Daily Market Commentary | Yes | |
| Forex News (Top-Tier Sources) | ||
| Autochartist | Yes | |
| Trading Central (Recognia) | Yes | |
| Social Sentiment - Currency Pairs | ||
| TipRanks | Yes | |
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners between Questrade and ACY Securities, both online brokers provide a decent array of options. Each offers a minimum of 10 educational pieces focused on forex and CFDs, including articles, videos, and archived webinars. Both Questrade and ACY Securities feature a searchable archive of previously recorded client webinars and boast a collection of at least 10 beginner educational videos covering trading topics. However, only ACY Securities offers the opportunity for trading enthusiasts to participate in live online educational client webinars every month.
In terms of ratings, both Questrade and ACY Securities receive 3.5 out of five stars for their educational offerings. When ranked among 63 brokers by ForexBrokers.com, Questrade stands at 36, while ACY Securities is ranked slightly lower at 43. Although neither broker provides an investor dictionary with definitions of 50 investing terms or advanced level content, they still offer a solid foundation for those starting their journey in trading.
| Feature |
Questrade
|
ACY Securities
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | ||
| Investor Dictionary (Glossary) |
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
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ACY Securities
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 75 |
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While Questrade does not allow the purchase of actual delivered cryptocurrencies but offers cryptocurrency derivatives, ACY Securities similarly only provides access to cryptocurrency derivatives, not the actual delivery of cryptocurrencies.
Questrade and ACY Securities both support Visa/Mastercard and bank wire transfers for deposits and withdrawals, with ACY Securities also offering ACH/SEPA transfers and Skrill, while neither broker supports PayPal transactions.
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 |
| Broker Screenshots | Questrade | ACY Securities | |
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| Regulation | Questrade | ACY Securities | |
|---|---|---|---|
| Trust Score | 86 | 75 | |
| Year Founded | 2000 | 2011 | |
| Publicly Traded (Listed) | |||
| Bank | |||
| Regulated in one or more EU or EEA countries (MiFID). | |||
| 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) | Yes | ||
| Canada (CIRO Authorised) | Yes | ||
| Hong Kong (SFC Authorised) | |||
| Japan (SFC Authorised) | |||
| Singapore (MAS Authorised) | |||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | |||
| USA (CFTC Authorized) | |||
| New Zealand (FMA Authorised) | |||
| Regulated in one or more EU or EEA countries (MiFID). |
| Tier-2 Licenses (Trusted) | Questrade | ACY Securities | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | |||
| South Africa (FSCA Authorised) | |||
| UAE (DFSA/Central Bank Authorised) | |||
| India (SEBI Authorised) | |||
| Jordan (JSC Authorised) |
| 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 | ||
| Int'l Stock Trading (Non CFD) | Yes | ||
| Social Trading / Copy Trading | Yes | ||
| Cryptocurrency (Physical) | |||
| 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 | Yes | ||
| Inactivity Fee | |||
| Execution: Agency Broker | Yes | ||
| Execution: Market Maker |
| Funding | Questrade | ACY Securities | |
|---|---|---|---|
| Minimum Deposit | $250 | $50 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | Yes | ||
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes |
| Trading Platforms | Questrade | ACY Securities | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | ||
| MetaTrader 4 (MT4) | Yes | ||
| MetaTrader 5 (MT5) | Yes | ||
| cTrader | |||
| DupliTrade | Yes | ||
| ZuluTrade |
| 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 | ||
| 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 |
| Research | Questrade | ACY Securities | |
|---|---|---|---|
| Daily Market Commentary | Yes | ||
| Forex News (Top-Tier Sources) | |||
| Autochartist | Yes | ||
| Trading Central (Recognia) | Yes | ||
| TipRanks | Yes | ||
| Social Sentiment - Currency Pairs | |||
| Economic Calendar | Yes | Yes |
| Education | Questrade | ACY Securities | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | ||
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | |||
| Investor Dictionary (Glossary) |
| 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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