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 |
When comparing Questrade and Exness on commissions and fees, Exness comes out slightly ahead. Questrade Global uses spread-based pricing, so its cost is built into the quote you see rather than charged as a separate commission. While Questrade says spreads can start at 0.8 pips, real-world pricing for major forex pairs was closer to 2.1 to 2.5 pips, which can make trading more expensive. On CFDs, Questrade adds a $9.95 USD trading fee per unit on top of the spread, and overnight financing charges can add even more. Questrade is rated 3.5/5 stars and ranks #35 out of 36 brokers for commissions and fees.
Exness offers more account choices, and the trading cost depends on which one you pick. Its Standard Cent, Standard, and Pro accounts are spread-based, with the Pro account offering tighter pricing and both instant and market execution. Exness also has lower-cost commission-based accounts: Zero Spread charges a small per-trade commission, while Raw charges up to $7 per round turn lot ($3.50 per side) with lower spreads. This gives traders more flexibility to match costs with their trading style. Exness is rated 4/5 stars and ranks #33 out of 36 brokers for commissions and fees.
In simple terms, both brokers can be used for forex and CFD trading, but Exness generally offers more ways to control costs, especially if you choose one of its commission-based accounts. Questrade may be easier to understand at first because its fees are built into the spread, but its pricing can be wider and its CFD fees can add up quickly. For traders focused on lower overall trading costs, Exness is the stronger choice.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Spread-only account | 0.8 or higher | N/A |
| All-in Cost EUR/USD - Raw spread account | N/A | N/A |
| Non-wire bank transfer (Deposit/Withdraw) | 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 it comes to range of investments, Questrade offers more market choices than Exness. Questrade lists 675 tradeable symbols and 110 forex pairs, compared with 239 symbols and 78 forex pairs at Exness. Both brokers offer forex trading as a CFD or spot contract, but neither lets clients buy exchange traded securities on U.S. or international exchanges, and neither offers copy trading or the ability to buy actual cryptocurrency.
The main difference is that Exness does offer cryptocurrency CFDs, while Questrade does not. Even so, Questrade comes out ahead overall for range of investments, with a 5-star rating and a #12 ranking out of 36 brokers from ForexBrokers.com. Exness is rated 3.5 stars and ranked #37, making Questrade the stronger choice for traders who want a wider selection of available markets.
| 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 solid set of platform choices, including a free demo account for paper trading, a proprietary platform, a Windows desktop download, and a web-based platform. Both also let users trade directly from a chart, which can make order entry faster and easier for active traders. In short, each broker covers the basics well for traders who want flexibility across desktop and browser access.
The biggest difference is that Exness supports both MetaTrader 4 and MetaTrader 5, while Questrade does not offer either platform. Neither broker offers copy trading. For Trading Platforms and Tools, both are rated 4 out of 5 stars, but Exness places higher in ForexBrokers.com’s ranking at #15 out of 36 brokers, compared with Questrade at #30 out of 36. That makes Exness the stronger pick for traders who want access to MetaTrader, while Questrade still stands out for its own in-house platform and chart trading features.
| 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 mobile trading easy for iPhone and Android users, and each app includes price alerts, watchlist syncing, and the ability to draw trendlines on charts. This means you can keep track of markets and manage your lists across your phone and online account with either broker. Questrade’s mobile app also saves chart drawings automatically, which can be helpful if you often mark up charts and want your work to stay in place.
When it comes to charting tools, Exness offers more technical studies in its mobile app, with 100 compared with Questrade’s 64. Exness also edges ahead in overall mobile app ratings, earning 4 out of 5 stars and a #18 ranking out of 36 brokers from ForexBrokers.com, while Questrade holds 3.5 stars and ranks #30. If you want more built-in chart tools, Exness has the advantage; if automatic saving of chart drawings matters more, Questrade stands out.
| 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 vs Exness for market research, Exness has an edge for traders who want more up-to-date market coverage. Exness offers daily market commentary, forex news from top sources such as Bloomberg and Reuters, and an economic calendar for tracking key global events. Questrade does not offer daily market commentary, top-tier forex news, or an economic calendar, but it does include research tools from Autochartist, Trading Central, and TipRanks.
Both brokers are rated 3.5 out of 5 stars for Research, but Exness ranks slightly higher at #34 out of 36 brokers compared with Questrade at #36. Neither broker offers a sentiment-based trading tool or Acuity Trading research. Overall, Questrade may appeal to traders who value Autochartist and TipRanks, while Exness is better suited for those looking for more market news and event-based research.
| 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 beginner-friendly education, Exness gives new traders more to work with than Questrade. Exness offers forex and CFD learning content, monthly educational webinars, and at least 10 beginner videos plus 10 advanced videos, making it easier for users to learn at different skill levels. Questrade, by comparison, does not provide the same level of forex or CFD-focused education, does not host monthly educational webinars, and does not offer 10 or more beginner or advanced trading videos. Both brokers are rated 3.5 out of 5 stars for Education, but Exness is ranked higher by ForexBrokers.com at #20 out of 36, while Questrade sits at #30.
For beginners who want more lessons, video guides, and live learning opportunities, Exness is the stronger choice overall. Questrade may still cover general investing topics, but it falls behind in trading education aimed at forex and CFDs. If your main goal is to learn trading step by step with more structured support, Exness offers the broader set of educational tools.
| 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) - Spread-only account | 0.8 or higher | N/A | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| 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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