Written by ForexBrokers.com
In this head to head comparison of FxPro vs Questrade, 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.
FxPro and Questrade are online brokers with different histories and oversight. FxPro, founded in 2006, is not publicly traded and is a bank; Questrade, founded in 2000, is also not publicly traded and is not a bank. According to ForexBrokers.com, FxPro holds a Trust Score of 93 out of 99 (90–99 = highly trusted), while Questrade scores 85 (80–89 = trusted).
Regulation also varies. FxPro holds 2 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). Questrade holds 1 Tier-1 license and no Tier-2 licenses. These credentials show how each firm is supervised, helping you gauge safety and oversight when choosing between FxPro and Questrade.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Year Founded | 2006 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing commissions and fees, FxPro comes out ahead of Questrade overall, though both brokers have pricing that can be expensive depending on how you trade. FxPro is rated 4 out of 5 stars and ranks #30 out of 36 for Commissions and Fees, while Questrade is rated 3.5 out of 5 stars and ranks #34 out of 36. FxPro’s costs are above the industry average, with its best pricing found on the cTrader platform, where the EUR/USD all-in cost is about 1.27 pips after commission. Its MT4 and MT5 accounts use variable spreads, with EUR/USD pricing that can range from about 1.51 to 1.71 pips based on execution type.
Questrade takes a different approach: it is a spread-only broker, so its trading costs are built into the bid-ask spread instead of a separate commission for forex. While Questrade says spreads can start as low as 0.8 pips in normal market conditions, typical pricing for major pairs is closer to 2.1 to 2.5 pips, which can make trades costlier than they first appear. For CFDs, Questrade adds a $9.95 USD trading fee per unit on top of the spread, and overnight financing charges can increase the total cost even more.
In simple terms, FxPro is generally the better choice if you want more pricing options and potentially lower all-in forex costs, especially on cTrader. Questrade may suit traders who prefer spread-based pricing, but its average forex and CFD costs are higher overall. If low fees are a top priority, FxPro has the edge, though neither broker is among the cheapest in the market.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.6 | 0.8 or higher |
| All-in Cost EUR/USD - Active | 1.3 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro and Questrade both let you trade forex as CFDs or spot contracts, but they differ a lot in what else they offer. FxPro provides access to 2,249 tradeable symbols, 70 forex pairs, copy trading, and cryptocurrency CFDs, plus exchange-traded securities on international markets. Questrade offers 675 tradeable symbols and a larger list of 110 forex pairs, but it does not support international exchange-traded securities, copy trading, or crypto CFDs. Neither broker lets you buy actual cryptocurrency or U.S.-listed shares as direct exchange-traded securities.
For range of investments, Questrade gets the edge overall, with a 5-star rating and a ForexBrokers.com ranking of #12 out of 36 brokers, compared with FxPro’s 4 stars and #24 ranking. In simple terms, Questrade is the better pick if you want a wider forex pair list and a stronger overall range score, while FxPro stands out for a larger total symbol count, international share access, copy trading, and crypto CFD trading.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 675 |
| Forex Pairs (Total) | 70 | 110 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | No |
| 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.
FxPro and Questrade both give traders a wide choice of platform options, including a free demo account, an in-house platform, a Windows desktop download, and a web-based trading platform. Both also let users trade directly from a chart, which can make order entry faster and easier. In ForexBrokers.com’s Trading Platforms and Tools review, both brokers are rated 4 out of 5 stars, showing that each offers a solid setup for everyday trading needs.
Where FxPro pulls ahead is in platform variety and trading features. FxPro supports copy trading as well as MetaTrader 4 and MetaTrader 5, while Questrade does not offer these options. That makes FxPro a stronger fit for traders who want access to popular third-party platforms or social-style trading tools. In the ForexBrokers.com ranking for Trading Platforms and Tools, FxPro places #18 out of 36 brokers, compared with Questrade at #29, giving FxPro the edge overall in this category.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 53 | 64 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and Questrade both offer mobile trading apps for iPhone and Android, along with stock or forex price alerts, watchlist syncing between the app and online account, trendline drawing on charts, and auto-saving for chart drawings. In other words, both brokers give mobile traders the core tools they need to track markets and manage watchlists on the go.
Where FxPro stands out is in charting depth and overall app performance. FxPro’s mobile app includes 65 technical studies, compared with 64 for Questrade, and it holds a higher Mobile Trading Apps rating at 4.5 out of 5 stars versus Questrade’s 3.5. FxPro is also ranked #15 out of 36 brokers by ForexBrokers.com for mobile trading apps, while Questrade is ranked #29, making FxPro the stronger choice for traders who want a better-rated mobile experience.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 65 | 64 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, FxPro has the edge over Questrade overall. FxPro provides daily market commentary, forex news from major sources like Bloomberg and Reuters, a sentiment tool that shows long and short positioning, and an economic calendar for tracking key global events. It also offers Trading Central tools, which can help traders spot ideas and trends. By comparison, Questrade does not offer daily market commentary, top-tier forex news, sentiment data, or an economic calendar, although it does include research from Autochartist, Trading Central, and TipRanks.
That broader set of research features helps explain why FxPro is rated 4 out of 5 stars for research and ranks #23 out of 36 brokers at ForexBrokers.com, while Questrade is rated 3.5 out of 5 stars and ranks #35 out of 36. For traders who want more built-in market news and analysis, FxPro may be the stronger choice, while Questrade still provides useful third-party research tools.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | No |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for educational support, FxPro has a clear edge over Questrade. FxPro offers at least 10 beginner-focused trading videos, earns a 4-star Education rating, and ranks #17 out of 36 brokers for Education on ForexBrokers.com. While it does not offer monthly educational webinars, it still provides more learning material aimed at new traders than Questrade does.
Questrade also gives beginners some educational content, but it falls short in a few key areas. It does not offer at least 10 beginner trading videos, has no monthly educational webinars, and ranks lower at #28 out of 36 brokers with a 3.5-star Education rating. For forex or CFD-specific learning, neither broker appears to meet the standard of offering at least 10 dedicated educational pieces on those topics, so FxPro is the stronger choice overall for beginner education.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than Questrade. FxPro finished with an overall rank of #20, while Questrade finished with an overall rank of #29.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Questrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 85 |
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FxPro vs Questrade: neither online broker supports buying actual (delivered) cryptocurrency, but FxPro offers cryptocurrency CFD trading while Questrade does not.
Comparing deposit and withdrawal methods, FxPro supports ACH/SEPA transfers, PayPal, Skrill, and bank wires, while Questrade offers bank wires only, with Visa/Mastercard availability not specified for either broker.
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 | FxPro | Questrade | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Questrade Review |
| Broker Screenshots | FxPro | Questrade | |
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| Broker Gallery (click to expand) |
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| Regulation | FxPro | Questrade | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 2006 | 2000 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FxPro | Questrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | Yes | |
| 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) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FxPro | Questrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FxPro | Questrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 675 | |
| Forex Pairs (Total) | 70 | 110 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | No | |
| 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 | FxPro | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.6 | 0.8 or higher | |
| All-in Cost EUR/USD - Active | 1.3 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | FxPro | Questrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | FxPro | Questrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | No |
| Trading Tools | FxPro | Questrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 53 | 64 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | Questrade | |
|---|---|---|---|
| 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 | 65 | 64 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FxPro | Questrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | No |
| Education | FxPro | Questrade | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | FxPro | Questrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FxPro Review | Questrade Review |
| Overall | FxPro | Questrade | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Questrade Review |
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