Written by ForexBrokers.com
In this head to head comparison of Questrade vs Exness, 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.
Questrade and Exness are online brokers with long track records—Questrade was founded in 2000 and Exness in 2008. Neither broker is publicly traded or a bank. According to ForexBrokers.com, Questrade holds a Trust Score of 85/99 and Exness scores 80/99; both fall into the “trusted” range (80–89), based on the site’s ratings scale.
Regulation differs between the two. Questrade holds 1 Tier-1 license (considered highly trusted by ForexBrokers.com) and 0 Tier-2 licenses. Exness holds 2 Tier-1 and 3 Tier-2 licenses (Tier-2 is considered trusted). In simple terms, both brokers are trusted, with Exness carrying more licenses across top and mid-tier regulators, while Questrade maintains a smaller but high-quality regulatory footprint.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Year Founded | 2000 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
Here’s how Questrade and Exness compare on trading costs. Questrade earns 3.5/5 stars and ranks #33 out of 63 brokers for Commissions and Fees, while Exness earns 4/5 stars and ranks #31/63, according to ForexBrokers.com.
Questrade Global is a spread-only broker, so there’s no separate trading commission—your costs are baked into the bid-ask spread. While Questrade says forex spreads can be as low as 0.8 pips in normal conditions, average spreads on major pairs often land closer to 2.1–2.5 pips; a typical 2-pip spread is about $20 per standard lot. For CFDs, Questrade adds a $9.95 USD trading fee per unit when you open and close a position (total $19.95 per unit), on top of a small spread and any overnight financing. In the Tesla example, that’s roughly 5.813% in transaction costs plus about $2.23 (0.65%) in one month of swap fees—meaning you’d need a gain of over 6% to break even on a single unit over that period.
Exness prices vary by account type. Commission-free accounts (Standard Cent, Standard, and Pro) use spreads for costs, with Pro offering the tightest spreads and the choice of instant or market execution. Commission-based accounts trade on lower spreads: Zero Spread charges a small per-trade commission ($0.05) with market execution, while Raw charges up to $7 per round-turn lot ($3.5 per side). In short, Questrade’s spread-only model is simple but can result in higher all-in costs on major forex pairs and per-unit CFD trades, whereas Exness lets you choose between wider-spread/no-commission or lower-spread/commission setups that can be more cost‑effective for frequent or larger‑size trades, depending on market conditions.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| Average spread (EUR/USD) - Standard account | 0.8 or higher | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Questrade and Exness both support forex trading as CFDs or spot. For overall market choice, Questrade lists 675 tradeable symbols and 110 forex pairs, while Exness offers 209 symbols and 96 forex pairs. Neither broker lets you buy exchange‑traded securities directly on U.S. or international exchanges—so you can’t purchase shares like Apple (NASDAQ: AAPL) or Vodafone (VOD-GB) outright through either platform.
Feature-wise, Exness includes copy trading and cryptocurrency CFDs, while Questrade does not offer either. Both brokers do not provide actual, delivered crypto. For range of investments, Questrade earns 5 stars and ranks #12 out of 63 brokers at ForexBrokers.com, compared with Exness at 3.5 stars and a #34 ranking. In short: choose Questrade for more symbols and forex pairs, or Exness if you prioritize copy trading and crypto CFDs.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 675 | 209 |
| Forex Pairs (Total) | 110 | 96 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | No | Yes |
| 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.
Questrade and Exness both check key boxes for traders: each offers a free paper trading demo, an in-house proprietary platform, a Windows desktop download, a web-based platform, and the ability to place trades directly from charts. Both earned 4 out of 5 stars for Trading Platforms and Tools, though ForexBrokers.com ranks Exness higher overall in this category (#15 of 63) compared with Questrade (#28 of 63). Indicator counts and watchlist column details were not specified for either broker in the data provided.
When comparing Questrade vs Exness by features, Exness stands out for copy trading and its support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which Questrade does not offer. If you want popular third-party platforms and social trading, Exness is the better fit. If you prefer using a broker’s own platform suite without MT4/MT5 or copy trading, Questrade will feel straightforward and familiar. Either way, both give you modern web and desktop access plus a demo account to practice before risking real money.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| 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 | 107 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Questrade and Exness both offer iPhone and Android mobile trading apps with price alerts and chart drawing tools like trendlines. Questrade stands out for mobile charting with 64 technical studies, watchlist symbol syncing with your online account, and auto-saving of chart drawings. Exness provides 35 technical studies and supports drawing trendlines, but it does not sync watchlists with the web platform and does not auto-save drawings. If you want more indicator choices and synced watchlists across devices, Questrade has the edge.
For overall app quality, ForexBrokers.com rates Questrade 3.5 out of 5 stars and ranks it 28th out of 63 brokers, while Exness earns 4 out of 5 stars and ranks 18th. In short, Exness scores higher for mobile trading apps, but Questrade’s feature set—especially 64 studies, synced watchlists, and auto-saved drawings—may appeal to technical traders and anyone who wants smooth device-to-web continuity.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Questrade and Exness take different paths with market research. Exness stands out for day-to-day trading support, offering daily market commentary, forex news from major outlets like Bloomberg or Reuters, an economic calendar, and a sentiment tool that shows the ratio of long and short positions. Questrade doesn’t provide those items, but it does include research from Trading Central (also offered by Exness) and adds Autochartist and TipRanks—two helpful sources Exness doesn’t offer. Neither broker features tools from Acuity Trading.
Both brokers earn 3.5 stars for Research. However, Exness ranks slightly higher at #31 versus Questrade at #34 out of 63 brokers on ForexBrokers.com. In short: pick Exness if you want steady news flow, market mood data, and a built-in calendar; choose Questrade if Autochartist and TipRanks are more important to your workflow.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central | Yes | Yes |
| Client sentiment data | No | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing education for beginners, Exness comes out ahead of Questrade. Exness hosts ongoing client webinars (at least one per month) and offers a sizable library with 10+ beginner videos plus 10+ advanced videos, making it easier to learn step by step. Questrade does not run monthly educational webinars and doesn’t meet the 10‑video mark for either beginner or advanced trading content. If you’re starting out and want clear guidance on forex and CFD topics, Exness provides more ways to learn through videos and live sessions.
Both brokers earn 3.5 out of 5 stars for Education from ForexBrokers.com, but Exness ranks #21 of 63 brokers while Questrade ranks #28. For traders who value frequent webinars and a wide video lineup focused on trading basics and beyond—especially around forex and CFDs—Exness is the stronger choice. Questrade can still help with fundamentals, but beginners may find fewer structured resources.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | Yes |
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 Exness. Questrade finished with an overall rank of #29, while Exness finished with an overall rank of #31.
Earning an 85 Trust Score, Questrade Global is a secure, CIRO-regulated platform ideal for Canadians wanting forex and stocks in one place. However, with live EUR/USD spreads going as high as 2.1 to 2.5 pips, cost-conscious day traders might find better value with cheaper alternatives.
| Feature |
Questrade
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 80 |
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Questrade vs Exness: neither broker lets you buy actual (delivered) cryptocurrency, but only Exness offers cryptocurrency CFD trading while Questrade provides neither option.
Comparing online brokers Questrade and Exness for deposit and withdrawal options: neither supports ACH/SEPA or PayPal, both allow bank wire transfers, Exness additionally supports Skrill (Questrade does not), and 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 | Questrade | Exness | |
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| Trust Score | 85 | 80 | |
| Winner | check_circle | ||
| Review | Questrade Review | Exness Review |
| Broker Screenshots | Questrade | Exness | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | Questrade | Exness | |
|---|---|---|---|
| Trust Score | 85 | 80 | |
| Year Founded | 2000 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 0 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Questrade | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| 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 | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | Yes | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | Yes |
| Investments | Questrade | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 675 | 209 | |
| Forex Pairs (Total) | 110 | 96 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | No | Yes | |
| 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 | Questrade | Exness | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.8 or higher | 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 | No | Yes |
| Funding | Questrade | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Questrade | Exness | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| 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 | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 107 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Questrade | Exness | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Questrade | Exness | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | No | Yes |
| Education | Questrade | Exness | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | Questrade | Exness | |
|---|---|---|---|
| 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 | Exness Review |
| Overall | Questrade | Exness | |
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| Trust Score | 85 | 80 | |
| Winner | check_circle | ||
| Review | Questrade Review | Exness Review |
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