Written by ForexBrokers.com
In this head to head comparison of AvaTrade vs Questrade, 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.
AvaTrade vs Questrade: safety and regulation at a glance. AvaTrade (founded 2006) and Questrade (founded 2000) are not publicly traded and are not banks. ForexBrokers.com assigns AvaTrade a Trust Score of 96 and Questrade an 85, on a 99-point scale where 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted.
Licensing underscores the difference: AvaTrade holds 4 Tier-1 and 3 Tier-2 licenses, while Questrade holds 1 Tier-1 and no Tier-2. Tier-1 licenses are considered highly trusted and Tier-2 trusted by ForexBrokers.com. In practical terms, AvaTrade has wider top-tier regulatory coverage, while Questrade offers a trusted, single Tier-1 framework.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Year Founded | 2006 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 0 |
AvaTrade’s commissions and fees are centered on spreads that average just under one pip (about 0.9 pips as of June 2024). That’s close to the industry average and only slightly higher than some entry-level accounts at CMC Markets and Tickmill. If you qualify as a professional client, AvaTrade’s Professional account tightens spreads to around 0.6 pips, which is comparable to FP Markets. For the Commissions and Fees category, AvaTrade is rated 4.5 out of 5 stars and ranks #14 out of 63 brokers.
Questrade Global is a spread-only broker, so your trading costs are built into the bid-ask spread rather than charged as a separate commission. While Questrade says spreads can be as low as 0.8 pips in normal conditions, observed averages on major pairs often run closer to 2.1–2.5 pips. For a standard 100,000-unit trade, a typical 2-pip spread is roughly a $20 all-in cost. By comparison, Interactive Brokers often shows about a 0.2-pip spread (around $2) plus a $4–$7 commission, totaling roughly $6–$9. For CFDs, Questrade adds a $9.95 USD fee per unit when you open and again when you close, on top of a small spread—so one Tesla CFD could cost $19.95 USD round trip (about 5.813%), plus any overnight financing (e.g., $2.23 USD for one month). Questrade earns 3.5 out of 5 stars for Commissions and Fees and ranks #33 of 63.
Bottom line: for forex, AvaTrade’s average spread (about 0.9 pips, or 0.6 pips for eligible professionals) is typically cheaper than Questrade’s commonly seen 2.1–2.5 pips. For CFDs, Questrade’s per-unit trading fee can make small positions add up quickly. Given the costs, AvaTrade holds the edge on pricing, reflected in its higher star rating and stronger category ranking.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 0.93 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 0.61 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
AvaTrade vs Questrade: both let you trade forex either via CFDs or spot contracts, but their lineups differ. AvaTrade lists 1,260 total tradeable symbols, while Questrade offers 675. When it comes to currency pairs, Questrade leads with 110 versus AvaTrade’s 53. Neither broker provides access to exchange‑traded U.S. or international stocks (non‑CFD). For extras, AvaTrade supports copy trading and cryptocurrency CFDs; Questrade offers neither, and neither broker lets you buy actual crypto.
Ratings reflect these trade‑offs: AvaTrade earns 4/5 stars for Range of Investments and ranks #26 of 63 brokers, while Questrade scores 5/5 stars and ranks #12. Choose AvaTrade if you want more overall symbols, crypto CFDs, and copy trading; pick Questrade if a larger selection of forex pairs and a higher third‑party rating matter most.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 675 |
| Forex Pairs (Total) | 53 | 110 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | No |
| 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.
Comparing AvaTrade vs Questrade for trading platforms and tools, both brokers check key boxes: each offers a free paper trading demo account, an in-house proprietary platform, a Windows desktop download, and a web-based platform. You can place trades directly from charts with either broker. The key difference is copy trading—AvaTrade offers it, while Questrade does not.
AvaTrade also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which Questrade does not—an edge if you want access to popular indicators, expert advisors, or a familiar forex setup. For trading platforms and tools, AvaTrade earns 4.5/5 stars and ranks #13 out of 63 brokers at ForexBrokers.com, while Questrade scores 4/5 stars and ranks #28. If copy trading and MetaTrader matter to you, AvaTrade is likely the better fit; if you simply need user-friendly desktop and web platforms with chart trading, both brokers deliver.
| Feature |
AvaTrade
|
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) | 80 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
The AvaTrade mobile app and the Questrade mobile app are both available for iPhone and Android. Each offers price alerts for stocks and forex, synced watchlists so changes carry between mobile and web, and the ability to draw trendlines—useful for spotting support and resistance while you trade on the go.
For charting tools, AvaTrade includes 73 technical studies versus Questrade’s 64. That said, Questrade auto-saves your chart drawings, while AvaTrade does not—important if you annotate often. According to ForexBrokers.com, AvaTrade is rated 4.5 stars and ranks 13th out of 63 brokers for Mobile Trading Apps; Questrade is rated 3.5 stars and ranks 28th. Choose AvaTrade if you want more built-in indicators; pick Questrade if auto-saving chart work is a priority—both cover the core features most traders need.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 73 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
AvaTrade and Questrade both skip daily market commentary and each offers Trading Central, but their market research toolkits differ in useful ways. AvaTrade delivers forex news from top-tier sources (e.g., Bloomberg, Reuters, or Dow Jones), a sentiment tool that shows long/short positioning, and an economic calendar. Questrade lacks those three features but adds Autochartist for technical pattern ideas and TipRanks for stock research. Neither broker includes tools from Acuity Trading.
According to ForexBrokers.com, AvaTrade earns 4 stars and ranks 28th out of 63 brokers for Research, while Questrade scores 3.5 stars and ranks 34th. Traders who want real-time news, sentiment data, and a handy calendar may favor AvaTrade; investors who prefer Autochartist and TipRanks may lean toward Questrade.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
AvaTrade vs. Questrade for beginner education: AvaTrade clearly offers more learning help for new traders. It runs client webinars at least once a month and provides at least 10 beginner videos, plus at least 10 advanced videos for when you’re ready to level up. Questrade, by contrast, does not host monthly webinars and does not meet the 10-video mark for either beginner or advanced lessons. Note: the information provided does not confirm whether either broker meets the threshold of 10 forex/CFD-specific pieces.
Ratings and rankings back up the difference. AvaTrade earns 4 out of 5 stars for Education and ranks #2 out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5 stars and ranks #28. If you want frequent webinars and plenty of video lessons to get started, AvaTrade is the stronger choice; if you already use Questrade, expect fewer built-out learning resources for beginners.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 AvaTrade is better than Questrade. AvaTrade finished with an overall rank of #15, while Questrade finished with an overall rank of #29.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, along with strong educational resources and copy trading support.
| Feature |
AvaTrade
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Questrade
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| Overall Rating |
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| Trust Score | 96 | 85 |
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In the AvaTrade vs Questrade comparison for cryptocurrency trading, neither broker lets you buy actual (delivered) cryptocurrency, but only AvaTrade offers cryptocurrency CFDs while Questrade does not.
AvaTrade vs Questrade deposit and withdrawal comparison: both do not offer ACH/SEPA transfers but do support bank wires; AvaTrade additionally supports PayPal and Skrill while Questrade does not; Visa/Mastercard availability is not specified for either.
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 | AvaTrade | Questrade | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Questrade Review |
| Broker Screenshots | AvaTrade | Questrade | |
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| Regulation | AvaTrade | Questrade | |
|---|---|---|---|
| Trust Score | 96 | 85 | |
| Year Founded | 2006 | 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 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | AvaTrade | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | AvaTrade | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 675 | |
| Forex Pairs (Total) | 53 | 110 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | No | |
| 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 | AvaTrade | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.93 | 0.8 or higher | |
| All-in Cost EUR/USD - Active | 0.61 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | AvaTrade | Questrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | AvaTrade | 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 | AvaTrade | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 80 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | Questrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 73 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | AvaTrade | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | No |
| Education | AvaTrade | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | AvaTrade | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | AvaTrade Review | Questrade Review |
| Overall | AvaTrade | Questrade | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Questrade Review |
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