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 (founded 2007) and Questrade (founded 2000) are well-known online brokers. eToro is publicly traded, while Questrade is privately held, and neither operates as a bank.
Regulation and trust: ForexBrokers.com classifies Tier-1 regulators as highly trusted and Tier-2 as trusted. eToro holds 4 Tier-1 and 1 Tier-2 licenses and scores 97/99 (highly trusted). Questrade holds 1 Tier-1 license and 0 Tier-2 licenses and scores 85/99 (trusted). On this scale, 90–99 = highly trusted; 80–89 = trusted; 70–79 = average risk; 60–69 = high risk; below 59 = not trusted.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Year Founded | 2007 | 2000 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
eToro uses market‑maker pricing and lists a typical variable spread of 1 pip on EUR/USD, which is a bit higher than the industry average. Most retail traders choose eToro for its social copy‑trading features rather than ultra‑low spreads. High‑balance clients can join the eToro Club (Silver to Diamond) by maintaining $5,000–$250,000, unlocking perks such as Trading Central access, discounted withdrawal and deposit fees, and a dedicated account manager. For commissions and fees, eToro earns 4 out of 5 stars and is ranked #22 of 63 brokers by ForexBrokers.com.
Questrade Global is a spread‑only broker, so your trading costs are built into the bid‑ask price instead of a separate commission. While Questrade advertises spreads as low as 0.8 pips in normal conditions, observed averages on major forex pairs tend to run closer to 2.1–2.5 pips. At around 2 pips, a standard‑lot forex trade (100,000 units) comes to roughly $20 all‑in. For CFDs, Questrade adds a $9.95 USD trading fee per unit when you open and again when you close, so buying and selling a single Tesla CFD would cost about $19.95 total, plus any overnight financing (e.g., roughly $2.23 for a month in the given example). Questrade’s commissions and fees rating is 3.5 out of 5 stars, and it ranks #33 of 63.
In a head‑to‑head look at costs, eToro’s typical EUR/USD spread of 1 pip is tighter than Questrade’s commonly observed 2+ pips, though still a touch above the market average. Questrade’s spread‑only model is simple, but its wider forex spreads and per‑unit CFD fees can add up, especially for frequent traders. If you value copy trading and potential VIP perks, eToro may be the better fit; if you prefer spread‑only pricing and trade less often, Questrade can work—just be mindful of the effective spread and CFD fees. eToro: 4/5 stars, #22/63. Questrade: 3.5/5 stars, #33/63.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 |
| Average spread (EUR/USD) - Standard account | 1 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 1 | 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.
In the eToro vs Questrade matchup for range of investments, both brokers let you trade forex as either CFDs or spot. eToro lists 7,441 tradeable symbols compared with Questrade’s 675. eToro also offers exchange-traded U.S. and international stocks, plus both real cryptocurrency purchases and crypto CFDs, and it includes copy trading. By contrast, Questrade does not offer exchange-traded U.S. or international shares, does not support crypto (real or CFD), and does not provide copy trading.
Forex traders may favor Questrade for its 110 currency pairs versus eToro’s 55. However, investors seeking a wider mix of assets—stocks, crypto, and social features—may find eToro more flexible. Both earn 5 stars for Range of Investments from ForexBrokers.com, with eToro ranked #11 of 63 brokers and Questrade close behind at #12.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 675 |
| Forex Pairs (Total) | 55 | 110 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | Yes | 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.
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.
Both eToro and Questrade check the key boxes for trading on the go. Each has an iPhone and Android app, supports price alerts for stocks and forex, and syncs watchlists between mobile and your online account so changes stay consistent across devices.
Charting is where they differ most. eToro’s mobile app offers 104 technical studies versus 64 on Questrade. Both let you draw trendlines, but only Questrade auto-saves your drawings; eToro does not. According to ForexBrokers.com, eToro’s mobile app is rated 4.5/5 stars and ranks #10 out of 63 brokers for Mobile Trading Apps, while Questrade is rated 3.5/5 stars and ranks #28. If you want more built-in indicators and a higher-rated experience, eToro has the edge; if auto-saving chart drawings matters most, Questrade may suit you better.
| 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 | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
In the eToro vs Questrade market research matchup, eToro stands out for everyday coverage and timely insights. eToro offers daily market commentary, forex news from names like Bloomberg, Reuters, and Dow Jones, Trading Central analysis, TipRanks insights, a sentiment tool that shows the long/short split across instruments, and a full economic calendar. It does not include Autochartist or tools from Acuity Trading.
Questrade includes Trading Central and TipRanks, and adds Autochartist for technical pattern scanning, but it lacks daily commentary, big-name forex news, a sentiment tool, and an economic calendar. Reflecting these differences, ForexBrokers.com rates eToro 4.5/5 (ranked 13th of 63) versus Questrade at 3.5/5 (34th of 63). Choose eToro if you want live news, commentary, and sentiment; pick Questrade if Autochartist is your priority.
| Feature |
eToro
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | Yes | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
Comparing eToro vs. Questrade for beginner education, eToro stands out. It hosts client webinars at least once per month and offers a sizable video library with 10+ beginner lessons plus 10+ advanced videos. Questrade, by contrast, does not run monthly educational webinars and does not meet the “10 or more” mark for beginner or advanced videos, which can make it harder to follow a clear learning path when you’re just starting out.
Independent ratings reflect this difference: ForexBrokers.com scores eToro 4.5/5 for Education and ranks it #3 out of 63 brokers, while Questrade earns 3.5/5 and ranks #28. The provided data does not confirm whether either broker supplies 10 or more forex- or CFD-focused pieces specifically, but if live webinars and a wide lineup of beginner and advanced videos matter most, eToro is the stronger choice; if you prefer to learn at your own pace with fewer video requirements, Questrade can still fit basic needs.
| Feature |
eToro
|
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 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
|
Questrade
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 97 | 85 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In the eToro vs Questrade comparison, eToro lets you buy both real (delivered) cryptocurrencies and cryptocurrency CFDs, while Questrade offers neither.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | eToro | Questrade | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 97 | 85 | |
| Winner | check_circle | ||
| Review | eToro Review | Questrade Review |
| Broker Screenshots | eToro | Questrade | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | eToro | Questrade | |
|---|---|---|---|
| Trust Score | 97 | 85 | |
| 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 | 1 | |
| 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 CMA 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 | 675 | |
| Forex Pairs (Total) | 55 | 110 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | Yes | 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 | eToro | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 0.8 or higher | |
| All-in Cost EUR/USD - Active | 1 | 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 | $0 | |
| 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 | Yes | 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 | No | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | No |
| Education | eToro | Questrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 97 | 85 | |
| Winner | check_circle | ||
| Review | eToro Review | Questrade Review |
IG
FOREX.com
CMC Markets
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill