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Questrade vs FXPrimus 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Questrade vs FXPrimus, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Questrade
4/5 Stars Overall
  • Minimum Deposit: $250
  • Trust Score: 86
  • Tradeable Symbols (Total): 641
FXPrimus
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 71
  • Tradeable Symbols (Total): 140

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

Founded in 2000, Questrade offers a seasoned background as an online broker. Despite not being listed on any stock exchange and not functioning as a bank, Questrade holds two highly regarded Tier-1 licenses, reflecting its trustworthiness. With a Trust Score of 86 out of 99 from ForexBrokers.com, Questrade is considered a trusted option for traders.

In contrast, FXPrimus was established in 2009 and shares a similar profile of not being publicly traded or operating as a bank. While FXPrimus holds one Tier-1 license, its Trust Score of 71 categorizes it as an average-risk broker according to ForexBrokers.com ratings. This distinction may be an important consideration for those evaluating the trust levels of their trading platforms.

Feature Questrade logoQuestrade
FXPrimus logoFXPrimus
Year Founded info 2000 2009
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

Comparing commissions and fees, FXPrimus has the edge over Questrade. FXPrimus holds a 4 out of 5 star rating and ranks #43 out of 63 brokers for pricing, while Questrade earns 3 out of 5 stars and ranks #59 out of 63.

Questrade’s target spread on EUR/USD is 1.9 pips, which is higher than the industry average. That wider spread can add up to higher trading costs, especially if you place frequent trades or scalp tight price moves.

FXPrimus does not publish average spread data, so its exact pricing is harder to compare. Even so, its better rating and ranking suggest more competitive overall costs. If you’re considering FXPrimus, check live spreads and any account-specific fees to confirm the pricing you’ll actually pay.

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

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

For range of investments, Questrade offers far more choice than FXPrimus. Questrade lists 641 tradeable symbols and 110 forex pairs, and it lets you buy exchange-traded stocks and ETFs on both U.S. and international exchanges (think Apple on NASDAQ or Vodafone in London). FXPrimus has 140 symbols and 42 forex pairs, and it does not offer exchange-traded U.S. or international shares. Both brokers support forex trading (CFD or spot), and both provide cryptocurrency CFDs but not actual delivered crypto.

If you want copy trading, FXPrimus includes it while Questrade does not. Reflecting the breadth of their product lineups, Questrade earns 5 stars for Range of Investments and ranks #12 out of 63 brokers at ForexBrokers.com, whereas FXPrimus is rated 3.5 stars and ranks #60.

Feature Questrade logoQuestrade
FXPrimus logoFXPrimus
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 641 140
Forex Pairs (Total) info 110 42
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info No Yes
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

Questrade and FXPrimus both check the core boxes for trading platforms and tools. Each broker offers a free demo (paper trading) account, its own proprietary platform, and access via a Windows desktop download and a web browser. You can place orders straight from charts with either broker. The key differences are integrations: FXPrimus supports copy trading and offers MetaTrader 4 and MetaTrader 5, while Questrade does not provide copy trading or MT4/MT5. Counts for built-in technical indicators and watchlist columns were not specified for either broker.

On performance metrics, both Questrade and FXPrimus earned 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s 63-broker lineup, Questrade ranks #35 and FXPrimus ranks #50. If you want MT4/MT5 and copy trading, FXPrimus is the better fit; if you’re content with a proprietary platform and standard web/desktop access plus a demo, Questrade can suit your needs.

Feature Questrade logoQuestrade
FXPrimus logoFXPrimus
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 Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 64 30
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

Questrade and FXPrimus both offer mobile trading apps for iPhone and Android, and each supports price alerts. A key difference is watchlists: Questrade syncs your watchlist between the mobile app and your online account, while FXPrimus does not. Both apps let you draw trendlines on charts and will auto-save those drawings. Each broker’s mobile app holds a 4-star rating.

For charting, Questrade offers 64 technical studies compared with 30 from FXPrimus, which can matter if you rely on indicators. In ForexBrokers.com’s Mobile Trading Apps category, Questrade is ranked #35 out of 63 brokers, while FXPrimus is #49. If watchlist sync and a wider set of indicators are important, Questrade has the edge; if you only need core features, FXPrimus offers a similar experience.

Feature Questrade logoQuestrade
FXPrimus logoFXPrimus
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 64 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Questrade and FXPrimus take different tacks on market research. FXPrimus includes daily market commentary and an economic calendar to track key events. Questrade does not publish daily commentary, but it also offers an economic calendar. Access to top-tier forex news feeds (Bloomberg, Reuters, Dow Jones, or similar) is not available at FXPrimus, and wasn’t specified for Questrade.

When it comes to trading tools, Questrade stands out: it supports Autochartist and Trading Central for technical and fundamental insights, plus research from TipRanks. FXPrimus does not provide Autochartist or Trading Central, and its access to TipRanks or Acuity Trading was not specified; Questrade does not offer Acuity Trading either. Neither broker lists a sentiment tool that shows long/short positioning. Overall research ratings reflect these differences: Questrade scores 3.5/5 (ranked 52 of 63 by ForexBrokers.com), while FXPrimus scores 3/5 (ranked 59 of 63).

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners comparing Questrade and FXPrimus education, the main difference is format. Questrade offers at least 10 beginner-friendly trading videos, making it a solid choice if you prefer self-paced learning. However, Questrade does not run monthly client webinars. FXPrimus is the opposite: it hosts online educational webinars at least once a month, which can be helpful if you learn best through live sessions, but it does not offer 10 or more beginner videos. Neither broker provides 10 or more advanced trading videos, so very experienced traders may find the video libraries limited.

In overall education quality, Questrade is rated 3.5 out of 5 stars and ranks #36 out of 63 brokers at ForexBrokers.com, while FXPrimus earns 3 stars and ranks #51. If you want a stronger on-demand video path for getting started, Questrade has the edge. If you value regular live webinars to ask questions in real time, FXPrimus may suit you better.

Feature Questrade logoQuestrade
FXPrimus logoFXPrimus
Webinars info No Yes
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info No No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Questrade is better than FXPrimus. Questrade finished with an overall rank of #32, while FXPrimus finished with an overall rank of #53.

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 logoQuestrade
FXPrimus logoFXPrimus
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 86 71
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Questrade or FXPrimus?

Questrade vs FXPrimus: neither broker lets you buy actual (delivered) cryptocurrency, but both offer the ability to trade cryptocurrency CFDs.

What funding options does each broker offer?

Questrade vs FXPrimus: for deposits and withdrawals, both do not offer ACH or SEPA; Questrade also does not support PayPal or Skrill but does allow bank wire transfers, while FXPrimus’s support for PayPal, Skrill, Visa/Mastercard, and bank wires—and Questrade’s Visa/Mastercard availability—is not specified here.




announcementPlease 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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Compare

0 of 5
Overall Rating Questrade FXPrimus
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 86 71
Winner check_circle
Review Questrade Review
Broker Screenshots Questrade FXPrimus
Broker Gallery (click to expand) info
Regulation Questrade FXPrimus
Trust Score info 86 71
Year Founded info 2000 2009
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No Yes info
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) Questrade FXPrimus
Australia (ASIC Authorised) info No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No Yes info
Tier-2 Licenses (Trusted) Questrade FXPrimus
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments Questrade FXPrimus
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 641 140
Forex Pairs (Total) info 110 42
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info No Yes
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 Questrade FXPrimus
Average spread (EUR/USD) - Standard account info N/A N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Inactivity Fee info No No
Order execution: Agency info Yes No
Order execution: Market Maker info No Yes
Funding Questrade FXPrimus
Minimum Deposit info $250 $100
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info No
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info No No
Trading Platforms Questrade FXPrimus
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No Yes
Trading Tools Questrade FXPrimus
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 64 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Questrade FXPrimus
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 No
Mobile Charting - Indicators / Studies info 64 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research Questrade FXPrimus
Daily Market Commentary (Articles) info No Yes
Forex News (Top-Tier Sources) info No
Autochartist info Yes No
Trading Central info Yes No
TipRanks info Yes
Client sentiment data info No No
Economic Calendar info Yes Yes
Education Questrade FXPrimus
Webinars info No Yes
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info No No
Major Forex Pairs Questrade FXPrimus
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 Questrade Review
Overall Questrade FXPrimus
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 86 71
Winner check_circle
Review Questrade Review
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