FOREX.com vs Questrade 2025

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.

Regulation

FOREX.com and Questrade are prominent online brokers with differing levels of trust based on their regulatory standings. FOREX.com, established in 1999, is a publicly traded company and holds an impressive 99 Trust Score from ForexBrokers.com, signaling it as highly trusted. It boasts 7 Tier-1 licenses, which are regarded as the most trustworthy. On the other hand, Questrade, founded in 2000 and privately held, has a Trust Score of 86, categorizing it as trusted but at a lower tier than FOREX.com. Questrade holds 2 Tier-1 licenses but lacks any Tier-2 accreditations, which FOREX.com has one of.

While neither FOREX.com nor Questrade operates as a bank, their different licensing profiles highlight varying levels of regulatory confidence. FOREX.com's status as a publicly traded entity potentially adds another layer of scrutiny and transparency, not mirrored in Questrade given its private standing. The disparity in their Trust Scores and licenses reflects the differences in how each company complies with international standards designed to protect investors and ensure honest trading practices.

Feature	FOREX.com	Questrade
Year Founded info	1999	2000
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Tier-1 Licenses info	7	2
Tier-2 Licenses info	1	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	0

Fees

For commissions and fees, FOREX.com earns 4.5 out of 5 stars and ranks #14 of 63 brokers, while Questrade scores 3 out of 5 and ranks #59. Both rely on spreads, but FOREX.com also offers a commission-based RAW account that targets lower spreads. In practice, FOREX.com’s pricing sits closer to the industry average, whereas Questrade’s quoted pricing is on the high side.

FOREX.com’s Standard account (the only option for MetaTrader 4) shows typical EUR/USD spreads around 1.4 pips in the U.S. (July 2023), and about 0.74 pips outside the U.S. The newer RAW account lists very tight EUR/USD spreads near 0.13 pips (Feb 2024) and adds a $7 commission per standard lot ($3.50 per side), putting the base all-in cost close to 0.8 pips before volume discounts. Active-trader rebates range from $2 to $9 per million; however, unless you trade more than $50 million per month, total costs for U.S. residents tend to be similar to the Standard account.

Questrade’s target spread on EUR/USD is about 1.9 pips, which is steep versus the industry average and higher than FOREX.com’s typical pricing. For pure forex costs, FOREX.com generally offers better value—especially if you can use the RAW account’s tight spreads and volume rebates—while Questrade trails on price. Ratings recap: FOREX.com 4.5/5 stars (#14/63) vs. Questrade 3/5 stars (#59/63) for commissions and fees.

Feature	FOREX.com	Questrade
Minimum Deposit info	$100	$250
Average spread (EUR/USD) - Standard account info	1.4 info	N/A
All-in Cost EUR/USD - Active info	0.9 info	N/A
Non-wire bank transfer info	Yes	No
PayPal (Deposit/Withdraw) info	Yes	No
Skrill (Deposit/Withdraw) info	Yes	No
Bank Wire (Deposit/Withdraw) info	Yes	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

Comparing the range of investments, FOREX.com lists 5,500 tradeable symbols, far more than Questrade’s 641. For currency traders, both offer forex as CFDs or spot, though Questrade provides more pairs (110) than FOREX.com (80). Both brokers support crypto via CFDs but do not offer buying actual cryptocurrencies, and neither supports copy trading.

When it comes to stocks, Questrade lets clients buy exchange-traded securities on U.S. and international exchanges, while FOREX.com does not offer exchange-traded stocks. Both earn 5 stars for Range of Investments; however, FOREX.com ranks #7 out of 63 brokers with ForexBrokers.com, and Questrade ranks #12. In short, choose FOREX.com if you want a very large list of markets to trade, or pick Questrade if access to real U.S. and global stocks and a wider set of forex pairs matters more.

Feature	FOREX.com	Questrade
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	5500 info	641
Forex Pairs (Total) info	80	110
U.S. Stocks (Shares) info	No	Yes
Global Stocks (Non-U.S. Shares) info	No	Yes
Copy Trading info	No	No
Cryptocurrency (Underlying) info	No	No
Cryptocurrency (CFDs) info	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.

Trading platforms and tools

FOREX.com vs Questrade: both brokers make it easy to test-drive their platforms with a free paper trading (demo) account and each offers an in-house platform available on Windows desktop and the web. You can place trades directly from charts with both. Neither supports copy trading. A key difference is MetaTrader support: FOREX.com offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Questrade does not. Both provide charting and watchlists, though specific counts for indicators and watchlist fields aren’t disclosed here.

For trading platforms and tools, ForexBrokers.com rates FOREX.com at 5 stars and ranks it #7 out of 63 brokers, while Questrade earns 4 stars and ranks #35. If you want MT4/MT5 alongside a strong in-house platform, FOREX.com stands out. If you prefer a broker’s proprietary platform and don’t need MetaTrader or copy trading, Questrade can be a straightforward pick.

Feature	FOREX.com	Questrade
Virtual Trading (Demo) info	Yes	Yes
Proprietary Desktop Trading Platform info	Yes	Yes
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	No	No
MetaTrader 4 (MT4) info	Yes	No
MetaTrader 5 (MT5) info	Yes	No
Charting - Indicators / Studies (Total) info	88	64
Charting - Trade From Chart info	Yes	Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Comparing FOREX.com vs Questrade for mobile trading, both brokers check the key boxes: iPhone and Android apps, price alerts, synced watchlists across mobile and web, plus chart drawing tools like trendlines that auto-save. Whether you trade forex or stocks, each app supports the basics for staying on top of markets while on the go.

Where they differ is depth. FOREX.com offers 88 technical studies in its mobile charts versus Questrade’s 64, giving more options for analysis. That advantage shows up in third-party reviews: ForexBrokers.com rates FOREX.com’s mobile app 5 out of 5 stars and ranks it #3 out of 63 brokers, while Questrade earns 4 stars and ranks #35. If advanced mobile charting and top-tier app quality are priorities, FOREX.com has the edge; if you just need core features, Questrade still delivers.

Feature	FOREX.com	Questrade
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	88	64
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	Yes	Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing market research, FOREX.com leans into forex-focused insights while Questrade prioritizes add-on tools. FOREX.com delivers daily market commentary, real-time forex news from leading sources (e.g., Bloomberg, Reuters, Dow Jones), a sentiment gauge showing long/short positioning, Trading Central tools, and a global economic calendar. Questrade also offers Trading Central and an economic calendar, plus Autochartist pattern-scanning and TipRanks analyst insights; however, it does not provide daily commentary or a sentiment tool.

Ratings reflect these differences: FOREX.com earns 4.5/5 stars for Research and ranks #9 out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5/5 stars and ranks #52. Choose FOREX.com if you want in-platform forex news, daily commentary, and sentiment data to guide currency trades. Pick Questrade if you value Autochartist scanning and TipRanks ideas alongside core research tools.

Feature	FOREX.com	Questrade
Daily Market Commentary (Articles) info	Yes	No
Forex News (Top-Tier Sources) info	Yes
Autochartist info	No	Yes
Trading Central info	Yes	Yes
Client sentiment data info	Yes	No
TipRanks info	No	Yes
Acuity Trading info	No	No
Economic Calendar info	Yes	Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Comparing education for beginners, FOREX.com and Questrade both offer at least 10 beginner-friendly trading videos that explain key concepts in plain language. Where they differ is live learning: FOREX.com runs online client webinars at least once a month, giving new traders a chance to ask questions and learn in real time, while Questrade does not offer monthly webinars.

For traders who want to grow beyond the basics, FOREX.com also provides at least 10 advanced videos for more experienced topics, whereas Questrade does not. This higher depth is reflected in independent scores: FOREX.com earns 4.5 out of 5 stars for Education and ranks #4 out of 63 brokers at ForexBrokers.com, compared with Questrade’s 3.5 stars and #36 ranking. In short, Questrade covers the fundamentals, but beginners who want frequent webinars and a clearer path into advanced lessons may find FOREX.com the stronger fit.

Feature	FOREX.com	Questrade
Webinars info	Yes	No
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than Questrade. FOREX.com finished with an overall rank of #5, while Questrade finished with an overall rank of #32.

FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.

Feature	FOREX.com	Questrade
Overall Rating info
Trust Score info	99	86
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

FAQs

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Overall Rating	FOREX.com	Questrade
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	86
Winner	check_circle
Review	FOREX.com Review	Questrade Review

Broker Screenshots	FOREX.com	Questrade
Broker Gallery (click to expand) info

Regulation	FOREX.com	Questrade
Trust Score info	99	86
Year Founded info	1999	2000
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	No
Tier-1 Licenses info	7	2
Tier-2 Licenses info	1	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	0

Tier-1 Licenses (Highly Trusted)	FOREX.com	Questrade
Australia (ASIC Authorised) info	Yes
Canada (CIRO Authorised) info	Yes	Yes
Hong Kong (SFC Authorised) info	No	No
Japan (SFC Authorised) info	Yes	No
Singapore (MAS Authorised) info	Yes	No
Switzerland (FINMA Authorised) info	No	No
United Kingdom (U.K.) (FCA Authorised) info	Yes	No
USA (CFTC Authorized) info	Yes	No
New Zealand (FMA Authorised) info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	No

Tier-2 Licenses (Trusted)	FOREX.com	Questrade
Kenya (CMA Authorised) info	No	No
Israel (ISA Authorised) info	No	No
South Africa (FSCA Authorised) info	No	No
UAE (DFSA, FSRA, or SCA Authorised) info	Yes	No
India (SEBI Authorised) info	No	No
Jordan (JSC Authorised) info	No	No

Investments	FOREX.com	Questrade
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	5500 info	641
Forex Pairs (Total) info	80	110
U.S. Stocks (Shares) info	No	Yes
Global Stocks (Non-U.S. Shares) info	No	Yes
Copy Trading info	No	No
Cryptocurrency (Underlying) info	No	No
Cryptocurrency (CFDs) info	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	FOREX.com	Questrade
Average spread (EUR/USD) - Standard account info	1.4 info	N/A
All-in Cost EUR/USD - Active info	0.9 info	N/A
Inactivity Fee info	Yes	No
Order execution: Agency info	No	Yes
Order execution: Market Maker info	Yes	No

Funding	FOREX.com	Questrade
Minimum Deposit info	$100	$250
PayPal (Deposit/Withdraw) info	Yes	No
Skrill (Deposit/Withdraw) info	Yes	No
Bank Wire (Deposit/Withdraw) info	Yes	Yes
Non-wire bank transfer info	Yes	No

Trading Platforms	FOREX.com	Questrade
Proprietary Desktop Trading Platform info	Yes	Yes
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	No	No
MetaTrader 4 (MT4) info	Yes	No
MetaTrader 5 (MT5) info	Yes	No
cTrader info	No	No

Trading Tools	FOREX.com	Questrade
Virtual Trading (Demo) info	Yes	Yes
Price Alerts info	Yes	Yes
Charting - Indicators / Studies (Total) info	88	64
Charting - Trade From Chart info	Yes	Yes
Charts can be saved info	Yes	Yes

Mobile Trading	FOREX.com	Questrade
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	88	64
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	Yes	Yes
Mobile Research - Economic Calendar info	Yes	Yes

Research	FOREX.com	Questrade
Daily Market Commentary (Articles) info	Yes	No
Forex News (Top-Tier Sources) info	Yes
Autochartist info	No	Yes
Trading Central info	Yes	Yes
TipRanks info	No	Yes
Client sentiment data info	Yes	No
Economic Calendar info	Yes	Yes

Education	FOREX.com	Questrade
Webinars info	Yes	No
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Major Forex Pairs	FOREX.com	Questrade
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info	Yes	Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review	FOREX.com Review	Questrade Review

Overall	FOREX.com	Questrade
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	86
Winner	check_circle
Review	FOREX.com Review	Questrade Review