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 and Questrade are both private online brokers that are not publicly traded and are not banks, but AvaTrade has the stronger regulatory profile. Founded in 2006, AvaTrade holds 4 Tier-1 licenses and 4 Tier-2 licenses, which helps explain its ForexBrokers.com Trust Score of 96 out of 99, placing it in the highly trusted range. Questrade, founded in 2000, holds 1 Tier-1 license and no Tier-2 licenses, and has a Trust Score of 85 out of 99, which is still considered trusted.
In simple terms, both brokers are regulated, but AvaTrade shows a wider mix of top-tier oversight than Questrade. If you are comparing broker safety and regulation, AvaTrade stands out for its higher Trust Score and greater number of highly trusted licenses, while Questrade remains a trusted choice with a slightly lower regulatory rating.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Year Founded | 2006 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 4 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 0 |
AvaTrade comes out ahead of Questrade on commissions and fees, especially for everyday forex trading. AvaTrade’s spreads are close to the industry average at about 0.9 pips, and they can drop to around 0.6 pips on its Professional account for qualifying traders. By comparison, Questrade uses a spread-based model, and while it says spreads may start as low as 0.8 pips, real-world pricing has often been closer to 2.1 to 2.5 pips for major currency pairs. AvaTrade is rated 4.5/5 stars and ranked #14 out of 36 brokers for commissions and fees.
Questrade Global’s pricing can be more expensive once you look at the full cost of trading. Since it does not charge a separate commission for forex, the cost is built into the spread, which can make trades feel simple, but not always cheap. A typical one-lot forex trade can cost around $20 with Questrade at roughly 2 pips all-in, while AvaTrade’s tighter spread structure is often easier on the wallet. Questrade is rated 3.5/5 stars and ranked #35 out of 36 brokers for commissions and fees.
For CFDs, Questrade can become even pricier because it adds a $9.95 USD fee per unit on top of the spread, and overnight financing charges may also apply. That means costs can add up quickly, especially on larger or longer-held positions. Overall, AvaTrade offers the better value for traders who want more predictable pricing and lower day-to-day trading costs.
| Feature |
AvaTrade
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Spread-only account | 0.93 | 0.8 or higher |
| All-in Cost EUR/USD - Raw spread account | 0.61 | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | 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 and Questrade both let you trade forex, but they differ in the range of products they offer. AvaTrade lists more total tradeable symbols overall, with 1,260 compared with Questrade’s 675. However, Questrade offers a larger selection of forex pairs, with 110 versus AvaTrade’s 53, which may matter more if your focus is currency trading. Neither broker lets you buy actual shares on U.S. or international stock exchanges, so both are more limited than traditional stock brokers in that area.
For other investment choices, AvaTrade has more options for traders who want extras. It offers copy trading and cryptocurrency CFDs, while Questrade does not offer either. On the other hand, Questrade earns a higher Range of Investments score overall, with 5 stars and a #12 ranking from ForexBrokers.com, compared with AvaTrade’s 4 stars and #27 ranking. In short, AvaTrade has the wider list of symbols, but Questrade provides more forex pairs and a stronger overall rating for investment variety.
| 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.
AvaTrade and Questrade both give traders a wide choice of platforms and tools, including a free demo account, a proprietary platform, a Windows desktop app, a web-based platform, and the ability to trade directly from charts. Each broker also supports chart-based trading, which can make it easier to place orders while watching price moves. In short, both brokers cover the basics well for beginners and active traders who want access across desktop and browser.
The biggest difference is that AvaTrade offers copy trading, MetaTrader 4, and MetaTrader 5, while Questrade does not. That gives AvaTrade an edge for traders who want popular third-party tools and social trading features. The ratings reflect this gap: AvaTrade is rated 4.5 out of 5 for Trading Platforms and Tools and ranks #13 out of 36 brokers at ForexBrokers.com, while Questrade is rated 4 out of 5 and ranks #30 out of 36.
| 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.
AvaTrade and Questrade both offer mobile trading apps for iPhone and Android, along with price alerts, watchlist syncing, and the ability to draw trendlines on charts. For everyday use, that means both brokers give traders the core tools needed to monitor markets and manage watchlists from a phone. AvaTrade stands out a bit more on charting, with 73 technical studies in its mobile app compared with 64 at Questrade.
There are also a few key differences. Questrade’s app automatically saves chart drawings, while AvaTrade does not, which may matter if you often mark up charts on mobile. In overall mobile trading app ratings, AvaTrade scores 4.5 out of 5 stars and ranks #13 out of 36 brokers, while Questrade scores 3.5 out of 5 stars and ranks #30. For traders who want a stronger mobile app experience, AvaTrade has the edge, while Questrade still covers the basics well.
| 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.
When it comes to market research, AvaTrade and Questrade each have different strengths. AvaTrade gives traders access to forex news from top sources, Trading Central tools, a sentiment tool showing long and short positions, and an economic calendar for global events. Questrade does not offer daily market commentary or top-tier forex news, but it does include Autochartist, Trading Central, and TipRanks research tools. Neither broker offers daily market commentary or Acuity Trading tools.
Overall, AvaTrade is rated 4 out of 5 stars for research and ranks #30 out of 36 brokers at ForexBrokers.com, while Questrade is rated 3.5 out of 5 stars and ranks #36. For traders who want forex news, sentiment data, and an economic calendar, AvaTrade has the edge. Questrade may appeal more to users who want Autochartist and TipRanks alongside Trading Central.
| 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.
For beginners looking for learning tools, AvaTrade stands out over Questrade in several key areas. AvaTrade offers forex and CFD education with plenty of learning material focused on those topics, plus at least one educational client webinar each month. It also provides 10 or more beginner videos and 10 or more advanced videos, making it a stronger choice for traders who want a wide range of lessons as they get started and build skills. By comparison, Questrade does not meet the same level of forex or CFD education, does not offer monthly educational webinars, and does not have the same depth of beginner or advanced video content.
The ratings and rankings reflect that difference as well. AvaTrade is rated 4 out of 5 stars for Education and ranks #2 out of 36 brokers by ForexBrokers.com, while Questrade is rated 3.5 out of 5 stars and ranks #30. For beginners who want more free learning support, especially in forex, CFDs, and trading basics, AvaTrade offers the more helpful education library.
| 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 | 4 | 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) | Yes | 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) - Spread-only account | 0.93 | 0.8 or higher | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| 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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