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 both online brokers offering trading services without being listed on any stock exchange or operating as banks. Questrade, established in 2000, holds two Tier-1 licenses, reflecting a high level of trust from ForexBrokers.com. In comparison, Exness, founded in 2008, also has two Tier-1 licenses but holds an additional three Tier-2 licenses, which are considered trusted.
Looking at their Trust Score ratings, Questrade earns a score of 86 out of 99, placing it solidly in the trusted category according to ForexBrokers.com standards. Exness, with a Trust Score of 81, also falls into the trusted range, slightly trailing behind Questrade in terms of perceived reliability. Both brokers offer trusted services, though they differ slightly in how they are regulated and rated.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Year Founded | 2000 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
Looking strictly at commissions and fees, Exness comes out ahead of Questrade. Exness is rated 4 out of 5 stars and ranks #36 out of 63 brokers for this category at ForexBrokers.com, while Questrade earns 3 out of 5 stars and ranks #59 out of 63. A key difference: Questrade’s target spread on EUR/USD is 1.9 pips, which is steep compared to the industry average, whereas Exness lets you choose from accounts where pricing can be tighter if you pay a commission.
Exness offers multiple account types, and your costs depend on which one you pick. The commission-free Standard Cent and Standard accounts have the highest spreads among its offerings and use market execution. The Pro account improves spreads and supports both instant and market execution. If you want the sharpest pricing, the commission-based accounts are designed for that: the Zero Spread account charges a $0.05 per-trade commission with market execution, and the Raw account charges up to $7 per round-turn lot ($3.5 per side) with lower spreads. Both Zero and Raw allow high leverage with margin calls at 30%. Exness also has Social Standard and Social Pro accounts for copy trading with their own conditions.
Questrade’s headline forex cost—EUR/USD at a 1.9‑pip target spread—lands on the pricey side versus many peers. That helps explain its 3/5 star rating and #59/63 ranking for Commissions and Fees, while Exness’ flexible account lineup and access to tighter spreads (when paying a commission) support its stronger 4/5 star rating and #36/63 ranking.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Minimum Deposit | $250 | $10 |
| Average spread (EUR/USD) - Standard account | N/A | 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 vs Exness: When it comes to range of investments, Questrade offers a wider selection. Questrade lists 641 tradeable symbols and 110 forex pairs, compared with Exness at 209 symbols and 96 forex pairs. Both brokers let you trade forex as CFDs or spot, and both support cryptocurrency CFDs (but not actual, delivered crypto). A key difference is stock access: Questrade lets clients buy exchange-traded securities on U.S. and international exchanges (think Apple on NASDAQ or Vodafone in London), while Exness does not offer exchange-traded shares. Exness, however, does provide copy trading, which Questrade lacks.
These differences show up in independent ratings: Questrade earns 5 stars for Range of Investments and ranks #12 out of 63 brokers at ForexBrokers.com, while Exness holds 3.5 stars and ranks #56. If you want broader market access including U.S. and international stocks alongside forex and crypto CFDs, Questrade is the stronger fit. If copy trading is a priority and you’re comfortable with a more focused lineup, Exness may suit your needs.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 209 |
| Forex Pairs (Total) | 110 | 96 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Questrade and Exness both cover the basics traders expect: free paper (demo) accounts, in-house proprietary platforms, downloadable Windows desktop software, web-based platforms you can use in a browser, and the ability to place trades directly from charts. That means you can practice first, then trade from your computer or the web without switching tools.
The key differences show up in extras. Exness supports copy trading and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Questrade does not. Both earned 4 out of 5 stars for Trading Platforms and Tools from ForexBrokers.com, but Exness ranks higher in the category (#26 of 63) than Questrade (#35 of 63). If you want MT4/MT5 or copy trading, Exness is the better fit; if you prefer sticking with a broker’s own platform suite without those add-ons, Questrade can work well.
| 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 mobile trading apps for iPhone and Android, with stock and forex price alerts and the ability to draw trendlines on charts. Each app is rated 4 out of 5 stars for Mobile Trading Apps, making them capable choices for trading on the go.
The differences show up in features. Questrade syncs watchlists with your online account, while Exness does not. Questrade also provides 64 technical studies (indicators) versus 35 on Exness, and it auto-saves chart drawings; Exness does not. Even so, ForexBrokers.com ranks Exness higher (#26 of 63) than Questrade (#35 of 63). Pick Questrade if you want more chart tools, synced watchlists, and saved drawings; choose Exness if the higher overall ranking is more important to you.
| 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 both earn 3.5/5 for market research, but ForexBrokers.com ranks Exness higher (#42 of 63) than Questrade (#52). Exness delivers daily market commentary, top‑tier forex news, and a sentiment tool showing long/short positioning. Both brokers offer Trading Central and an economic calendar, and neither includes Acuity Trading tools. Questrade, however, adds Autochartist and TipRanks, which Exness does not provide.
Choose Exness if you want frequent commentary, live news, and sentiment data to guide your trades. Pick Questrade if you prefer pattern recognition via Autochartist and equity insights from TipRanks. Note: Questrade’s access to top‑tier news feeds is not specified.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | Yes | No |
| Trading Central | Yes | Yes |
| Client sentiment data | No | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Questrade vs Exness for beginner education: both brokers provide at least 10 beginner-friendly trading videos. Exness runs monthly educational webinars, while Questrade does not. Exness also offers 10+ advanced videos to help you level up; Questrade doesn’t reach that mark. Both are rated 3.5 out of 5 for Education. In ForexBrokers.com’s Education category, Questrade ranks #36 of 63 brokers and Exness ranks #47. Details on whether either broker has 10+ forex/CFD-specific lessons weren’t provided.
If you prefer self-paced learning with on-demand videos and a slightly higher category ranking, Questrade is a fine pick. If you want live classes and more advanced material as you grow, Exness stands out. If forex and CFDs are your focus, check each broker’s education hub to confirm the depth of those topics before you commit.
| Feature |
Questrade
|
Exness
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | 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 #32, while Exness finished with an overall rank of #43.
Regulated in both the U.S. and Canada, Questrade is a trusted full-service multi-asset broker now offering forex and CFDs alongside its stock trading services for active and passive investors. While its scope of educational resources and in-house research is limited, Questrade has an impressive platform lineup.
| Feature |
Questrade
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 81 |
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Questrade vs Exness: neither online broker offers buying actual delivered cryptocurrency, but both allow trading cryptocurrency CFDs.
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 | 86 | 81 | |
| Winner | check_circle | ||
| Review | Questrade Review | Exness Review |
| Broker Screenshots | Questrade | Exness | |
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| Regulation | Questrade | Exness | |
|---|---|---|---|
| Trust Score | 86 | 81 | |
| 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 | 2 | 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 (SFC 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 SCA 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) | 641 | 209 | |
| Forex Pairs (Total) | 110 | 96 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Questrade | Exness | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 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 | $250 | $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) | Yes | ||
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | Exness | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | 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 | 86 | 81 | |
| Winner | check_circle | ||
| Review | Questrade Review | Exness Review |
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