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eToro vs Questrade 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

eToro
4.5/5 Stars Overall
  • Minimum Deposit: $50-$10,000
  • Trust Score: 96
  • Tradeable Symbols (Total): 7441
Questrade
4/5 Stars Overall
  • Minimum Deposit: $250
  • Trust Score: 86
  • Tradeable Symbols (Total): 641

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.

Regulation

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 logoeToro
Questrade logoQuestrade
Year Founded info 2007 2000
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0

Fees

Comparing commissions and fees, eToro generally undercuts Questrade on forex spreads. eToro, a market‑maker broker, lists a typical variable spread of 1 pip on EUR/USD—slightly higher than the industry average but still tighter than Questrade’s target spread of 1.9 pips on EUR/USD, which is steep by comparison. While eToro isn’t picked primarily for tight spreads, many traders use it for its social copy trading features.

eToro is rated 4.5 out of 5 stars for commissions and fees and is ranked #23 out of 63 brokers by ForexBrokers.com. Questrade earns 3 out of 5 stars and is ranked #59 out of 63. For higher‑balance clients, eToro also offers its five‑tier VIP Club (Silver to Diamond) for accounts from $5,000 to $250,000, with perks such as access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.

Feature eToro logoeToro
Questrade logoQuestrade
Minimum Deposit info $50-$10,000 $250
Average spread (EUR/USD) - Standard account info 1 info N/A
All-in Cost EUR/USD - Active info N/A N/A
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 logoeToro
Questrade logoQuestrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 641
Forex Pairs (Total) info 55 110
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

eToro and Questrade both deliver free paper trading (virtual demo accounts) and proprietary platforms built in-house. eToro is web- and mobile-first with no Windows desktop download, while Questrade offers both a web platform and a Windows-based desktop platform. Both brokers let you place trades directly from charts. Neither supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5). eToro adds copy trading for social investing, whereas Questrade does not. Specific counts for chart indicators and watchlist columns were not provided.

For trading platforms and tools, ForexBrokers.com rates eToro 4.5 stars and ranks it #8 out of 63 brokers, while Questrade holds 4 stars and ranks #35. In short: pick eToro if you want a polished web experience with copy trading; pick Questrade if you prefer having a Windows desktop trading platform alongside the browser-based option.

Feature eToro logoeToro
Questrade logoQuestrade
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No No
Charting - Indicators / Studies (Total) info 106 64
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

eToro and Questrade both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts for stocks and forex, along with watchlist syncing so changes on mobile match your online account. If you’re deciding between eToro vs Questrade, both cover the basics well for on-the-go trading and portfolio tracking.

Charting is where they differ. eToro offers 104 technical indicators, giving you a wide range of ways to analyze price action, but it does not let you draw trendlines and it won’t auto-save chart drawings. Questrade includes fewer indicators (64), yet it supports drawing trendlines and auto-saving your chart annotations. For overall quality, ForexBrokers.com rates eToro’s mobile app 4.5 stars and ranks it #10 out of 63 brokers, while Questrade earns 4 stars and ranks #35.

Feature eToro logoeToro
Questrade logoQuestrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 104 64
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Trendlines Autosave info No Yes

Dive deeper: Best Forex Trading Apps.

Market research

For market research, eToro delivers more out of the box. It provides daily market commentary, forex news from top-tier sources (like Bloomberg/Reuters/Dow Jones), Trading Central tools, TipRanks insights, a sentiment gauge showing long vs. short positioning, and an economic calendar. eToro does not include Autochartist or Acuity Trading tools. Questrade, by contrast, skips daily commentary but offers Autochartist alongside Trading Central, TipRanks, and an economic calendar. A sentiment tool isn’t offered, and the availability of top-tier forex news isn’t indicated here.

These differences show up in third‑party ratings: eToro earns 4.5/5 stars for Research and ranks 13th out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5/5 stars and ranks 52nd. Pick eToro if you want frequent commentary, premium news, and sentiment data in one place; choose Questrade if Autochartist signals paired with Trading Central are your priority.

Feature eToro logoeToro
Questrade logoQuestrade
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes
Autochartist info No Yes
Trading Central info Yes Yes
Client sentiment data info Yes No
TipRanks info Yes Yes
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For new traders comparing eToro and Questrade, both offer a solid starting point with at least 10 beginner-focused videos that explain trading basics. eToro goes further for learners by hosting monthly client webinars and providing 10+ advanced videos for when you’re ready to level up. Questrade doesn’t run ongoing client webinars and doesn’t match eToro’s depth in advanced video content, which may make it harder to keep learning once you move past the basics.

Independent ratings highlight the gap. eToro earns 4.5 out of 5 stars for education and ranks #5 out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5 stars and ranks #36. If you want a clear path from beginner lessons to advanced topics with live sessions along the way, eToro is the stronger choice. If you only need starter videos and prefer to learn at your own pace without webinars, Questrade can still fit the bill.

Feature eToro logoeToro
Questrade logoQuestrade
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 #32.

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 logoeToro
Questrade logoQuestrade
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 96 86
Range of Investments 5/5 Stars 5/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with eToro or Questrade?

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.

What funding options does each broker offer?

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.

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Overall Rating eToro Questrade
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 86
Winner check_circle
Review eToro Review Questrade Review
Broker Screenshots eToro Questrade
Broker Gallery (click to expand) info
eToro mobile watchlist eToro web trading platform cryptocurrency watchlist eToro Digest & Invest podcast. eToro academy courses beginners.
Questrade Global web platform dashboard. Questrade Global web platform Autochartist signals. Questrade educational content featured lessons.
Regulation eToro Questrade
Trust Score info 96 86
Year Founded info 2007 2000
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0
Tier-1 Licenses (Highly Trusted) eToro Questrade
Australia (ASIC Authorised) info Yes
Canada (CIRO Authorised) info No Yes
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-2 Licenses (Trusted) eToro Questrade
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments eToro Questrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 641
Forex Pairs (Total) info 55 110
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info 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 info 1 info N/A
All-in Cost EUR/USD - Active info N/A N/A
Inactivity Fee info Yes No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes No
Funding eToro Questrade
Minimum Deposit info $50-$10,000 $250
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms eToro Questrade
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No No
cTrader info No No
Trading Tools eToro Questrade
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 106 64
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading eToro Questrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 104 64
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Trendlines Autosave info No Yes
Mobile Research - Economic Calendar info No Yes
Research eToro Questrade
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes
Autochartist info No Yes
Trading Central info Yes Yes
TipRanks info Yes Yes
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education eToro Questrade
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs eToro Questrade
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review eToro Review Questrade Review
Overall eToro Questrade
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 86
Winner check_circle
Review eToro Review Questrade Review
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