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 |
Questrade and Exness both charge trading costs in different ways, and the right fit depends on how you plan to trade. Questrade is mainly a spread-based broker, so it does not charge a separate forex commission; instead, its fee is built into the buy/sell spread. While Questrade says spreads can start at 0.8 pips, typical major-pair spreads were closer to 2.1 to 2.5 pips in review, which can make forex trading more expensive overall. For CFDs, Questrade adds a small spread plus a $9.95 USD trading fee per unit, and overnight financing can increase the total cost further. Questrade’s commissions and fees rating is 3.5 out of 5 stars, and it ranks #33 out of 36 brokers.
Exness offers more account choices, including standard and commission-based options, so its pricing can be more flexible. Its commission-free accounts use wider spreads, while its Zero Spread and Raw accounts aim for lower spreads with a separate commission. The Zero Spread account charges a per-trade commission of $0.05, and the Raw account charges up to $7 per round turn lot, or $3.50 per side. This setup can be helpful for traders who want tighter pricing and are comfortable paying commissions instead of a wider spread. Exness has a 4 out of 5 stars rating for commissions and fees, and it ranks #31 out of 36 brokers.
Overall, Exness comes out ahead on pricing in this category, mainly because it offers lower-spread account types and a better commissions-and-fees score. Questrade may be simpler for some beginners because costs are built into the spread, but its forex and CFD pricing can be higher, especially once trading fees and swap charges are included. If low trading costs are your priority, Exness is the stronger pick between the two.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| 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.
When comparing Questrade vs Exness for range of investments, Questrade offers the wider selection overall. Questrade provides 675 tradeable symbols and 110 forex pairs, while Exness offers 239 tradeable symbols and 78 forex pairs. Both brokers support forex trading as CFDs or spot contracts, but neither offers exchange-traded securities on U.S. or international exchanges, and neither supports copy trading or the purchase of actual cryptocurrency.
One key difference is that Exness does offer cryptocurrency CFDs, while Questrade does not. Still, Questrade comes out ahead on range of investments, with a 5-star rating and a #12 ranking out of 36 brokers from ForexBrokers.com, compared with Exness at 3.5 stars and #34 out of 36. For traders looking for a broader set of markets, Questrade is the stronger choice in this category.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 675 | 239 |
| Forex Pairs (Total) | 110 | 78 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | No | No |
| 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 give traders a similar core set of platform options, including free simulated trading accounts, in-house platforms, Windows desktop apps, and browser-based trading. Each also lets users place trades straight from a chart, which is useful for traders who want a quicker way to react to price moves. In trading platform and tools reviews, both brokers are rated 4 out of 5 stars, so each offers a solid overall experience for everyday trading needs.
The main difference is that Exness supports MetaTrader 4 and MetaTrader 5, while Questrade does not. Neither broker offers copy trading, so investors looking for social or mirror trading will need to look elsewhere. Based on ForexBrokers.com, Exness also ranks higher in the Trading Platforms and Tools category, coming in at #15 out of 36 brokers, compared with Questrade at #28 out of 36. For traders who want MT4 or MT5 access, Exness has the edge; for those focused on a simple platform setup, both brokers are competitive.
| 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 | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 64 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Questrade and Exness both make it easy to trade on the go with iPhone and Android apps, plus price alerts and watchlist syncing that keeps your mobile list aligned with your online account. Each app also lets you draw trendlines on charts, which can help with basic chart review. For mobile use, both brokers cover the core features most traders look for, so the bigger differences come down to charting depth and overall app experience.
Exness has the edge for chart tools, offering 100 technical studies in its mobile app compared with Questrade’s 64. It also earns a slightly higher mobile app rating, at 4 stars versus Questrade’s 3.5 stars, and ranks better in ForexBrokers.com’s Mobile Trading Apps category, placing #18 out of 36 brokers compared with Questrade at #28. One useful difference is that Questrade auto-saves chart drawings, while Exness does not, which may matter if you want your notes and markings to stay in place automatically.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 64 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing Questrade and Exness for market research, both brokers earn the same Research rating of 3.5 out of 5 stars, but they differ in the tools and news they provide. Exness stands out for daily market commentary, forex news from major sources like Bloomberg and Reuters, and an economic calendar with upcoming global events. Questrade does not offer daily commentary or top-tier forex news, but it does include research tools from Autochartist, Trading Central, and TipRanks.
In terms of ForexBrokers.com research rankings, Exness is placed higher at #31 out of 36 brokers, while Questrade ranks #34 out of 36. Neither broker offers a sentiment tool or Acuity Trading research. Overall, Exness is stronger for traders who want more news and market updates, while Questrade may appeal to those looking for extra third-party research tools like Autochartist and TipRanks.
| 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 | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to education for beginners, Exness offers more learning options than Questrade. Exness provides forex and CFD education with at least 10 learning pieces, along with monthly online webinars, 10+ beginner trading videos, and 10+ advanced videos for more experienced traders. Questrade, by comparison, does not meet those same marks for forex or CFD education, does not offer monthly educational webinars, and does not have 10 or more beginner or advanced trading videos focused on these topics.
Both brokers receive the same education rating from ForexBrokers.com, at 3.5 out of 5 stars, but Exness is ranked higher overall in the Education category, placing #21 out of 36 brokers versus Questrade at #28. For new traders looking for more guided learning content and video-based support, Exness stands out as the stronger choice.
| 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
|
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 | 239 | |
| Forex Pairs (Total) | 110 | 78 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | No | No | |
| 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 | $100 | |
| 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 | No | |
| 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 | 106 | |
| 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 | Yes | |
| Mobile Charting - Indicators / Studies | 64 | 100 | |
| 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 | No | |
| 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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