Written by ForexBrokers.com
In this head to head comparison of eToro 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.
eToro vs. Questrade: eToro was founded in 2007 and is publicly traded; Questrade started in 2000 and is privately held. Neither is a bank. According to ForexBrokers.com, Trust Scores of 90–99 are highly trusted and 80–89 are trusted. eToro scores 96 (highly trusted), while Questrade scores 86 (trusted).
On regulation, eToro holds 4 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). Questrade holds 2 Tier-1 licenses and no Tier-2 licenses. Both are regulated, but eToro has a higher Trust Score and a wider set of top-tier approvals.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Year Founded | 2007 | 2000 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, eToro comes out ahead of Questrade. On EUR/USD, eToro lists a typical variable spread of 1 pip, which is slightly above the industry average, while Questrade’s target spread of 1.9 pips is considered steep. Reflecting this difference, ForexBrokers.com rates eToro at 4.5/5 stars and ranks it #22 out of 63 brokers for Commissions and Fees, versus Questrade’s 3/5 stars and #33 ranking.
eToro is a market-maker broker. Traders often choose it less for tight spreads and more for its social copy trading tools. For cost-conscious clients with larger balances, the eToro Club (five tiers from Silver to Diamond for $5,000–$250,000) can add value with perks such as access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.
Questrade’s fees picture is led by its EUR/USD target spread of 1.9 pips, which is higher than the industry average and less competitive than eToro’s typical 1 pip. In independent testing, that translates into a lower Commissions and Fees score: 3/5 stars and a #33 of 63 ranking from ForexBrokers.com.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $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 | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
eToro and Questrade both support forex trading (CFD or spot) and let you buy exchange-listed stocks on U.S. markets (such as Apple) as well as international exchanges (such as Vodafone). For overall variety, eToro lists 7,441 tradeable symbols compared with Questrade’s 641, giving eToro a much wider menu. That said, Questrade offers more currency pairs (110 vs. eToro’s 55), which may appeal to dedicated forex traders.
For extra features, eToro includes copy trading and lets you buy actual cryptocurrency, while Questrade does not offer delivered crypto. Both brokers provide crypto CFDs. Despite their different strengths, each earns 5 out of 5 stars for Range of Investments; in ForexBrokers.com’s rankings, eToro places #11 out of 63 brokers and Questrade follows at #12, signaling strong choices with eToro holding a slight edge overall.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 641 |
| Forex Pairs (Total) | 55 | 110 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | Yes | 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.
Both eToro and Questrade offer free paper (virtual) accounts and in-house trading platforms. eToro centers on a clean, web-based experience and does not provide a Windows desktop download, while Questrade offers both a browser platform and a downloadable Windows desktop platform. Both brokers let you place trades directly from charts. A key difference is copy trading: eToro supports copy trading, and Questrade does not. Neither broker supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
For Trading Platforms and Tools, eToro is rated 4.5 out of 5 stars and ranks #8 out of 63 brokers at ForexBrokers.com, while Questrade earns 4 out of 5 stars and ranks #28. Choose eToro if you want an easy web platform with copy trading and a free demo; pick Questrade if you prefer having a Windows desktop platform in addition to the web platform, along with a free demo account.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 106 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing eToro vs Questrade for mobile trading, both brokers offer iPhone and Android apps with stock and forex price alerts. Each app syncs watchlists with your online account, so changes you make on mobile or web stay aligned across devices.
For charting, eToro includes 104 technical studies, while Questrade offers 64. Questrade supports drawing trendlines and auto‑saves your chart drawings, whereas eToro does not. According to ForexBrokers.com, eToro’s mobile app is rated 4.5 out of 5 stars and ranks #10 out of 63 brokers, while Questrade’s app is rated 4 out of 5 stars and ranks #28.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 64 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
In the eToro vs. Questrade market research matchup, eToro earns 4.5/5 stars and ranks #13 out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5/5 and ranks #34. eToro stands out for everyday insights with daily market commentary, top-tier forex news, and a sentiment tool that shows long/short positioning. Both brokers include Trading Central and TipRanks research, plus an economic calendar.
Feature by feature: eToro offers daily commentary and forex news from leading sources, while Questrade does not provide daily commentary and does not indicate comparable top-tier forex news. For analytics, Questrade adds Autochartist (eToro does not), and both support Trading Central. eToro includes a sentiment-based trading tool; Questrade does not. Neither offers Acuity Trading tools. In short, eToro is stronger for real-time news and sentiment, while Questrade appeals if you want Autochartist screening.
| Feature |
eToro
|
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 | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing eToro vs. Questrade, eToro offers more ways to learn. It hosts online client webinars at least once a month and provides 10+ beginner videos along with 10+ advanced videos for when you’re ready to go deeper. Questrade also supplies at least 10 beginner videos, but it does not run monthly webinars and doesn’t meet the same threshold for advanced video lessons.
Independent ratings reflect this gap. ForexBrokers.com rates eToro 4.5 out of 5 for Education and ranks it #3 out of 63 brokers, while Questrade earns 3.5 out of 5 and ranks #28. If you want frequent live sessions and a clear path from beginner to advanced topics, eToro is the stronger choice; if you mainly want on-demand beginner videos, Questrade can still work.
| Feature |
eToro
|
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 eToro is better than Questrade. eToro finished with an overall rank of #9, while Questrade finished with an overall rank of #29.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
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Questrade
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| Trust Score | 96 | 86 |
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In the eToro vs Questrade comparison for cryptocurrency trading, eToro lets you buy both actual (delivered) cryptocurrency and crypto CFDs, while Questrade offers only cryptocurrency CFDs and does not support buying actual coins.
eToro vs Questrade: among the listed funding and withdrawal methods, eToro supports ACH/SEPA transfers, PayPal, Skrill, and bank wires, while Questrade supports bank wires but not ACH/SEPA, PayPal, or Skrill; 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 | eToro | Questrade | |
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| Trust Score | 96 | 86 | |
| Winner | check_circle | ||
| Review | eToro Review | Questrade Review |
| Broker Screenshots | eToro | Questrade | |
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| Regulation | eToro | Questrade | |
|---|---|---|---|
| Trust Score | 96 | 86 | |
| Year Founded | 2007 | 2000 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | eToro | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | No | Yes | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | 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) | eToro | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | eToro | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 641 | |
| Forex Pairs (Total) | 55 | 110 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | Yes | 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 | eToro | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | eToro | Questrade | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | eToro | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | 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 | 104 | 64 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | 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 | eToro | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | eToro | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Questrade Review |
| Overall | eToro | Questrade | |
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| Trust Score | 96 | 86 | |
| Winner | check_circle | ||
| Review | eToro Review | Questrade Review |
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