DooPrime vs Questrade 2025
In this head to head comparison of DooPrime vs Questrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of DooPrime 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.
DooPrime, established in 2014, and Questrade, founded in 2000, are both online brokerage firms that cater to investors seeking accessible trading platforms. Neither company is publicly traded or operates as a bank, which means they must adhere to stringent regulations to earn trust from their clients. ForexBrokers.com has rated DooPrime with a Trust Score of 83, placing it in the "trusted" category, while Questrade scores slightly higher with an 86, also earning a "trusted" status.
When examining licensing, DooPrime stands out by holding 4 Tier-1 licenses, indicating a strong level of trust and adherence to top regulatory standards. In comparison, Questrade holds 2 Tier-1 licenses, still reflecting a considerable level of reliability, though with a slightly smaller scale of regulatory endorsement. Neither company has obtained Tier-2 licenses. Overall, both brokers demonstrate a trustworthy framework for investors, albeit with differences in regulatory coverage.
| Feature |
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|---|---|---|
| Year Founded | 2014 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
DooPrime vs. Questrade: commissions and fees at a glance. Both brokers earn 3 out of 5 stars for costs. In ForexBrokers.com’s Commissions and Fees category, Questrade ranks #59 out of 63 brokers, while DooPrime ranks #60 out of 63—signals that neither is a pricing leader.
DooPrime commissions and fees: Average spread data is not available, making it difficult to gauge typical trading costs across currency pairs and market conditions. With a 3-star rating and a #60/63 ranking, traders who value clear pricing may find the lack of published averages a hurdle when comparing spreads and overall fees.
Questrade commissions and fees: The target spread on EUR/USD is listed at 1.9 pips, which is steep versus the industry average for this key pair. Questrade also holds a 3-star rating and a #59/63 ranking. If minimizing costs is a priority, consider comparing brokers that advertise tighter EUR/USD pricing or provide detailed average spread statistics.
| Feature |
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|---|---|---|
| Minimum Deposit | $100 | $250 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
DooPrime and Questrade both support forex trading via CFDs or spot contracts and let you buy exchange‑traded securities on U.S. and international stock exchanges. The big divider is breadth: DooPrime lists about 10,000 tradeable symbols, while Questrade offers around 641. Flip that for currency pairs—Questrade leads with 110 forex pairs versus 60 at DooPrime. For extras, DooPrime includes copy trading, which Questrade doesn’t. Neither broker lets you buy actual cryptocurrency, but Questrade does provide cryptocurrency CFDs, whereas DooPrime does not.
Both brokers earn 5 stars for Range of Investments from ForexBrokers.com, with Questrade ranked #12 and DooPrime #13 out of 63 brokers. In practical terms, choose DooPrime if you want a very wide list of symbols and copy trading, or go with Questrade if you value more currency pairs and access to crypto CFDs alongside U.S. and international stocks.
| Feature |
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|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 641 |
| Forex Pairs (Total) | 60 | 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) | No | 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.
DooPrime and Questrade both offer paper trading with free virtual demo accounts, plus proprietary platforms you can use on Windows desktop and in your web browser. Each lets you place trades directly from charts. The big differences are tool choices: DooPrime includes copy trading and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Questrade does not offer copy trading or MT4/MT5. Specific counts for built-in technical indicators and watchlist fields were not provided for either broker.
On performance, both earn 4 out of 5 stars for Trading Platforms and Tools. In category rankings by ForexBrokers.com, DooPrime sits at #25 out of 63 brokers, while Questrade is #35. If you want MT4/MT5 and copy trading, DooPrime is the better fit; if you prefer a broker’s in-house platform with chart trading and a demo mode, both will meet that need.
| Feature |
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|---|---|---|
| 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.
DooPrime and Questrade both deliver mobile trading apps for iPhone and Android. Each app supports price alerts, lets you draw trendlines on stock and forex charts, and auto-saves your drawings. Both earn a 4-star rating for Mobile Trading Apps.
Key differences: Questrade offers 64 technical studies for charting compared with DooPrime’s 30, and Questrade syncs watchlist symbols between mobile and your online account, while DooPrime does not. Despite that, ForexBrokers.com ranks DooPrime higher for Mobile Trading Apps (#25 of 63) than Questrade (#35 of 63). Choose Questrade if you want more indicators and watchlist sync; pick DooPrime if the higher category ranking matters more to you while keeping the core mobile tools.
| Feature |
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|---|---|---|
| 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.
DooPrime stands out for market research with daily market commentary and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Questrade does not publish daily commentary and doesn’t specify comparable forex news feeds. Both brokers include Trading Central and an economic calendar, and neither offers a sentiment tool. Questrade adds Autochartist and TipRanks, while DooPrime does not provide Autochartist, and its access to TipRanks or Acuity Trading isn’t specified (Questrade does not offer Acuity).
According to ForexBrokers.com, DooPrime earns 4 out of 5 stars for Research and ranks #30 of 63, while Questrade scores 3.5 out of 5 stars and ranks #52. If you want daily insights and integrated news, DooPrime is the stronger pick. If you value Autochartist signals and TipRanks stock research, Questrade may fit better.
| Feature |
|
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | No | No |
| TipRanks | Yes | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing DooPrime vs Questrade for beginner education: both brokers offer at least 10 beginner-friendly trading videos, making it easy to get started. Neither hosts monthly client webinars. DooPrime adds depth with at least 10 advanced videos for experienced traders, while Questrade does not meet that advanced-video threshold, so its learning path is more limited once you move past the basics.
Details weren’t confirmed on whether either broker provides 10 or more forex- or CFD-specific articles, videos, or archived webinars. Independent ratings reflect the difference in scope: DooPrime earns 4 out of 5 stars for Education and ranks 25th out of 63 brokers on ForexBrokers.com, while Questrade scores 3.5 stars and ranks 36th. If you want beginner videos with room to grow into advanced topics, DooPrime is the stronger pick; if you just need starter content, Questrade can still fit the bill.
| Feature |
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|---|---|---|
| Webinars | No | 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 DooPrime is better than Questrade. DooPrime finished with an overall rank of #28, while Questrade finished with an overall rank of #32.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
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| Trust Score | 83 | 86 |
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Comparing DooPrime vs Questrade for crypto trading: neither online broker supports buying actual delivered cryptocurrency, but Questrade offers cryptocurrency CFDs while DooPrime does not.
DooPrime and Questrade both do not support ACH or SEPA transfers; Questrade also does not support PayPal or Skrill but does allow bank wire deposits/withdrawals, while DooPrime’s availability of PayPal, Skrill, Visa/Mastercard, and bank wires is 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 | DooPrime | Questrade | |
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| Trust Score | 83 | 86 | |
| Winner | check_circle | ||
| Review | Questrade Review |
| Broker Screenshots | DooPrime | Questrade | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | DooPrime | Questrade | |
|---|---|---|---|
| Trust Score | 83 | 86 | |
| Year Founded | 2014 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | Yes | 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). | No | No |
| Tier-2 Licenses (Trusted) | DooPrime | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | DooPrime | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 641 | |
| Forex Pairs (Total) | 60 | 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) | No | 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 | DooPrime | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | DooPrime | Questrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $250 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | DooPrime | 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 | DooPrime | 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 | DooPrime | 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 | DooPrime | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | Questrade | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | DooPrime | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Questrade Review |
| Overall | DooPrime | Questrade | |
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| Research |
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| Education |
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| Trust Score | 83 | 86 | |
| Winner | check_circle | ||
| Review | Questrade Review |