Written by ForexBrokers.com
In this head to head comparison of Questrade vs Eightcap, 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.
Comparing Questrade and Eightcap on regulation and safety: ForexBrokers.com’s Trust Score rates brokers from 0–99, where 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted. Questrade scores 86 (trusted), while Eightcap scores 87 (trusted).
Questrade, founded in 2000, and Eightcap, founded in 2009, are not publicly traded and are not banks. Questrade holds 2 Tier-1 licenses and 0 Tier-2 licenses. Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license. Both are considered trusted, with Eightcap slightly ahead on both Trust Score and the number of top-tier licenses.
| Feature |
Questrade
|
Eightcap
|
|---|---|---|
| Year Founded | 2000 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Comparing commissions and fees, Questrade’s pricing skews higher for common forex pairs. Its target spread on EUR/USD is 1.9 pips, which is steep versus the industry average. For commissions and fees, Questrade is rated 3 out of 5 stars and ranks 33rd out of 63 brokers at ForexBrokers.com.
Eightcap offers two account types: a spread-only Standard account and a commission-based Raw account across its global entities (Australia, Bahamas, U.K., and Cyprus). On the Raw account, the average EUR/USD spread is 0.06 pips; after adding the $3.50 per side commission, the all-in cost is about 0.76 pips—just under the 0.8-pip industry average. Overall, Eightcap is slightly more expensive than the very cheapest brokers but remains competitive, earning 4 out of 5 stars and ranking 20th out of 63 for commissions and fees at ForexBrokers.com.
| Feature |
Questrade
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $250 | $100 |
| Average spread (EUR/USD) - Standard account | N/A | 1.0 |
| All-in Cost EUR/USD - Active | N/A | 0.76 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Questrade vs Eightcap: For range of investments, both brokers let you trade forex as CFDs or spot contracts and offer crypto via CFDs (neither sells actual, delivered crypto). Eightcap lists more total tradeable symbols (803 vs. Questrade’s 641) and includes copy trading, which may appeal to hands-off traders. Questrade, however, provides access to real exchange-traded U.S. and international stocks (think Apple on NASDAQ and Vodafone in London), while Eightcap does not offer real shares. Questrade also features a larger lineup of forex pairs (110 vs. Eightcap’s 55).
In independent ratings for range of investments, Questrade earns 5 stars and ranks 12th out of 63 brokers, while Eightcap scores 3.5 stars and ranks 29th. Choose Questrade if you want real stocks alongside many forex pairs; choose Eightcap if you prefer a CFD-focused setup with a bigger overall symbol count and copy trading.
| Feature |
Questrade
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 803 |
| Forex Pairs (Total) | 110 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| 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.
Questrade and Eightcap both provide a free paper trading demo, plus web and Windows desktop platforms where you can trade directly from charts. The key difference is platform choice: Questrade offers its own in-house platform, while Eightcap focuses on third-party options. If you want MetaTrader, Eightcap supports both MT4 and MT5; Questrade does not. Copy trading is also available at Eightcap, but not at Questrade. Both brokers deliver capable charting and watchlists for everyday trading tasks.
In expert testing by ForexBrokers.com for Trading Platforms and Tools, both earned 4 out of 5 stars. Questrade ranks #28 of 63 brokers, while Eightcap ranks #31. Choose Questrade if you prefer a proprietary platform experience; pick Eightcap if you value MetaTrader compatibility and built-in copy trading alongside web and desktop access.
| Feature |
Questrade
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 64 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Questrade and Eightcap both check the core boxes for traders on the go: each offers an iPhone and Android app, stock or forex price alerts, and watchlists that sync with your online account so changes carry over between mobile and web. On charts, both apps let you draw trendlines and automatically save your drawings. In overall app quality, both earned 4 out of 5 stars for Mobile Trading Apps.
If you care most about built-in indicators, Questrade’s mobile charting includes 64 technical studies versus Eightcap’s 30. According to ForexBrokers.com’s Mobile Trading Apps rankings out of 63 brokers, Questrade placed #28 and Eightcap placed #31. In short, Questrade has the edge for indicator depth, while both deliver key features like alerts, synced watchlists, and dependable charting tools on iOS and Android.
| Feature |
Questrade
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Questrade and Eightcap comes down to the type of insights you value. Eightcap provides daily market commentary and a sentiment tool that shows the ratio of long vs. short positions, plus research from Acuity Trading (Signal Centre). Both brokers include an economic calendar. Eightcap does not offer forex news from top-tier outlets like Bloomberg or Reuters. For Questrade, availability of that top-tier news is not specified. Questrade focuses on popular third‑party research tools, offering Autochartist, Trading Central, and TipRanks, though it lacks a sentiment tool and daily commentary.
In independent testing by ForexBrokers.com, both brokers earned 3.5 out of 5 stars for Research, with Eightcap ranked #33 and Questrade ranked #34 out of 63 brokers. Choose Eightcap if you want built-in daily commentary and sentiment data; pick Questrade if you prefer well-known research add-ons like Autochartist, Trading Central, and TipRanks.
| Feature |
Questrade
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | No | |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | No | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Questrade vs. Eightcap for beginner education: both brokers provide at least 10 beginner-friendly trading videos, making it easy to learn at your own pace. The big difference is live learning. Eightcap hosts monthly educational webinars, so you can ask questions in real time. Questrade does not run monthly client webinars. Neither broker reaches 10 advanced videos, so very experienced traders may find the video libraries a bit limited.
Both earn 3.5 out of 5 stars for Education. In ForexBrokers.com’s Education rankings (out of 63 brokers), Questrade places #28 and Eightcap places #31. If live webinars matter to you, Eightcap has the edge. If you mainly want on-demand beginner videos, either broker can work.
| Feature |
Questrade
|
Eightcap
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
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 Eightcap. Questrade finished with an overall rank of #29, while Eightcap finished with an overall rank of #30.
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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Eightcap
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|---|---|---|
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| Trust Score | 86 | 87 |
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Questrade vs. Eightcap: neither broker offers the ability to buy actual (delivered) cryptocurrency, but both provide access to trade cryptocurrency CFDs instead.
In the Questrade vs Eightcap deposits and withdrawals comparison, both lack ACH/SEPA and support bank wires, Eightcap additionally offers PayPal and Skrill while Questrade does not, and Visa/Mastercard availability 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 | Questrade | Eightcap | |
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| Trust Score | 86 | 87 | |
| Winner | check_circle | ||
| Review | Questrade Review | Eightcap Review |
| Broker Screenshots | Questrade | Eightcap | |
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| Regulation | Questrade | Eightcap | |
|---|---|---|---|
| Trust Score | 86 | 87 | |
| Year Founded | 2000 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Questrade | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Questrade | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | Questrade | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 803 | |
| Forex Pairs (Total) | 110 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| 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 | Questrade | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 1.0 | |
| All-in Cost EUR/USD - Active | N/A | 0.76 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | No | Yes |
| Funding | Questrade | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $250 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Questrade | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Questrade | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Questrade | Eightcap | |
|---|---|---|---|
| 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 | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Questrade | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | No | ||
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | Eightcap | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Questrade | Eightcap | |
|---|---|---|---|
| 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 | Eightcap Review |
| Overall | Questrade | Eightcap | |
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| Trust Score | 86 | 87 | |
| Winner | check_circle | ||
| Review | Questrade Review | Eightcap Review |
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