Written by ForexBrokers.com
In this head to head comparison of Admirals vs Questrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Admirals and Questrade are well-regarded online brokers, each with their own strengths in the industry. Founded in 2001, Admirals boasts a Trust Score of 93, placing it in the "highly trusted" category. It holds 4 Tier-1 licenses and 3 Tier-2 licenses, reflecting its strong regulatory standing. On the other hand, Questrade, established in 2000, has a Trust Score of 86, indicating that it is a trusted broker as well. It holds 2 Tier-1 licenses but does not have any Tier-2 licenses.
Neither Admirals nor Questrade are publicly traded companies or banks, focusing solely on brokerage services. Admirals leads in regulatory credentials with more Tier-1 and Tier-2 licenses compared to Questrade. While both brokers offer secure and reliable trading experiences, Admirals' higher Trust Score and greater number of regulatory licenses might appeal to those prioritizing extensive regulatory coverage.
| Feature |
Admirals
|
Questrade
|
|---|---|---|
| Year Founded | 2001 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Admirals offers competitive commissions and fees, with typical forex spreads around 0.8 pips on its Trade account and similar pricing on the Zero account type. That pricing helps keep trading costs down for frequent traders. Admirals earns 4.5 out of 5 stars for commissions and fees and is ranked #18 out of 63 brokers by ForexBrokers.com.
Questrade’s target spread on the EUR/USD is 1.9 pips, which is high compared to the industry average and can add up for active traders. For commissions and fees, Questrade is rated 3 out of 5 stars and is ranked #59 out of 63 brokers by ForexBrokers.com.
Bottom line: If low spreads are your priority, Admirals looks more cost-effective than Questrade for core forex pairs like EUR/USD. Always compare account types and instruments you plan to trade, as your total trading costs depend on spreads and any additional fees.
| Feature |
Admirals
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $250 |
| Average spread (EUR/USD) - Standard account | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Admirals vs Questrade on range of investments, Admirals lists 8,702 tradeable symbols versus Questrade’s 641. Both let you trade forex either via spot or CFDs and both support U.S.-listed and international exchange-traded shares (so you can buy stocks like Apple on NASDAQ and Vodafone in London). Each broker offers cryptocurrency CFDs, but neither provides direct, delivered crypto. A key difference: Admirals includes copy trading, while Questrade does not. For currency traders, Questrade carries 110 forex pairs compared to Admirals’ 82.
Independent ratings reflect these trade-offs. ForexBrokers.com rates Admirals 4.5/5 stars for Range of Investments and ranks it 20th of 63 brokers, while Questrade earns 5/5 stars and ranks 12th. In short, choose Admirals if you want a massive instrument list and copy trading, or Questrade if you prioritize a larger selection of forex pairs—both deliver access to U.S. and international stocks along with crypto CFDs.
| Feature |
Admirals
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 641 |
| Forex Pairs (Total) | 82 | 110 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Admirals and Questrade both check the core boxes for platform access and ease of use: each offers a free paper (demo) account, an in-house proprietary platform, a Windows desktop download, and a browser-based platform. You can place trades straight from charts on both. Key differences: Admirals supports copy trading and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Questrade does not support copy trading and does not offer MT4 or MT5.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools. That said, ForexBrokers.com ranks Admirals higher at #19 out of 63 brokers, compared with Questrade at #35. If you want MT4/MT5 or copy trading, Admirals is the clear pick; if those aren’t must-haves, both deliver web and desktop platforms plus a free practice account to test-drive their tools.
| Feature |
Admirals
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Admirals and Questrade offer iPhone and Android trading apps. Each app supports stock and forex price alerts, lets you draw trendlines on charts, and automatically saves your drawings. Charting is capable on both, with Admirals providing 30 technical studies and Questrade offering 64, which may appeal to traders who want more indicators.
A key difference is watchlists: Questrade syncs symbols between the mobile app and the online platform, while Admirals does not. Even so, both earn 4 out of 5 stars for Mobile Trading Apps. According to ForexBrokers.com, Admirals ranks #23 out of 63 brokers in this category, while Questrade ranks #35. If synced watchlists and a larger indicator set matter most, Questrade is attractive; if overall category ranking is a deciding factor, Admirals has the edge.
| Feature |
Admirals
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
If you want strong built-in market research, Admirals edges out Questrade. In ForexBrokers.com’s Research category, Admirals earns 4 stars and ranks 15th out of 63 brokers, while Questrade scores 3.5 stars and ranks 52nd.
Admirals offers daily market commentary, top-tier forex news (e.g., Bloomberg/Reuters/Dow Jones), Trading Central tools, a sentiment tool showing long/short positioning, TipRanks insights, Acuity Trading tools (like Signal Centre), and an economic calendar. Questrade does not provide daily commentary but supports Autochartist and Trading Central, includes TipRanks and an economic calendar, lacks a sentiment tool and Acuity Trading, and its access to top-tier forex news is not specified. In short, Admirals is better for traders who want news and sentiment built into their workflow, while Questrade fits those who mainly value Autochartist and core research basics.
| Feature |
Admirals
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | Yes | Yes |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Admirals vs. Questrade for beginner education: both brokers offer at least 10 beginner-friendly trading videos, giving new traders a clear place to start. Admirals goes further with online client webinars at least once a month, so you can learn live and ask questions. As you progress, Admirals also provides at least 10 advanced videos aimed at experienced traders, while Questrade does not meet that advanced video threshold. This makes Admirals a stronger option if you want a guided path from first steps to more complex strategies.
Independent ratings back this up: Admirals earns 4 stars for Education and ranks #12 out of 63 brokers on ForexBrokers.com. Questrade scores 3.5 stars and ranks #36. In short, Questrade is fine for basic video learning, but Admirals offers a deeper lineup plus regular webinars, which can speed up the learning curve for beginners.
| Feature |
Admirals
|
Questrade
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than Questrade. Admirals finished with an overall rank of #18, while Questrade finished with an overall rank of #32.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
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Questrade
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| Trust Score | 93 | 86 |
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Comparing online brokers Admirals vs. Questrade: neither supports buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
Admirals vs Questrade funding comparison: Admirals supports ACH/SEPA transfers for deposits and withdrawals, while Questrade does not; Questrade supports bank wire transfers but does not support PayPal or Skrill, and availability of PayPal, Skrill, Visa/Mastercard and bank wires at Admirals—as well as Visa/Mastercard at Questrade—was not specified.
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 | Admirals | Questrade | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | Admirals Review | Questrade Review |
| Broker Screenshots | Admirals | Questrade | |
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| Regulation | Admirals | Questrade | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| Year Founded | 2001 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Admirals | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 641 | |
| Forex Pairs (Total) | 82 | 110 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Admirals | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | Admirals | Questrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $250 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Admirals | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Admirals | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | Questrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Admirals | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Admirals | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Admirals Review | Questrade Review |
| Overall | Admirals | Questrade | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | Admirals Review | Questrade Review |
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