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 vs Questrade: FxPro launched in 2006 and Questrade in 2000. Neither company is publicly traded. FxPro is a bank, while Questrade is not. On regulation, both brokers hold two Tier-1 licenses (viewed as highly trusted by ForexBrokers.com). FxPro also holds one Tier-2 license, whereas Questrade holds none.
ForexBrokers.com defines Trust Scores as follows: 90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted. FxPro scores 93, placing it in the highly trusted bracket, while Questrade scores 85, which is trusted.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Year Founded | 2006 | 2000 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Comparing commissions and fees, FxPro earns 4 stars and ranks 29 out of 63 brokers at ForexBrokers.com, while Questrade earns 3.5 stars and ranks 33 out of 63. In real-world costs, FxPro’s platform choice and execution type can change your total spread, and its best pricing on cTrader generally beats Questrade’s published target spread for a popular pair like EUR/USD.
FxPro overview: Pricing is generally above the industry average, but its cTrader account uses commission-based pricing with an effective EUR/USD cost of about 1.27 pips (0.37-pip average spread plus a 0.9-pip commission-equivalent, based on August 2020 data). On MT4/MT5 with variable spreads, EUR/USD was about 1.58 pips on MT4 (market execution), 1.51 pips on MT5, and 1.71 pips with instant execution; MT5 does not offer fixed spreads. Execution choices matter: instant execution can requote but avoids slippage, while market execution can slip but avoids requotes. Also, cTrader has no minimum stop/limit distance, whereas MetaTrader requires at least 1 pip. FxPro’s Elite/Active Trader discounts can reach up to 30%, though overall pricing still trails top low-cost rivals.
Questrade overview: The target spread on EUR/USD is 1.9 pips, which is steep versus the industry average and higher than FxPro’s best cTrader rate. That helps explain Questrade’s lower placement for commissions and fees compared with FxPro (3.5 stars and #33 vs. 4 stars and #29).
| 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 vs Questrade: both brokers support forex via CFDs and/or spot contracts. FxPro lists 2,249 tradeable symbols and 70 currency pairs, while Questrade offers 675 symbols and a larger set of 110 forex pairs. Even with FxPro’s bigger overall symbol count, ForexBrokers.com rates Questrade higher for range of investments (5 stars, ranked #12 of 63) compared with FxPro (4 stars, ranked #24 of 63).
Access to other assets differs. Neither broker lets you buy U.S.-listed shares as actual exchange-traded securities (not CFDs). FxPro does provide some access to international exchange-traded shares (not CFDs), which Questrade does not. FxPro also supports copy trading and cryptocurrency trading via CFDs, while Questrade does not offer copy trading or crypto CFDs. Neither broker supports buying actual, delivered cryptocurrency.
| 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 vs. Questrade: both brokers offer free paper (demo) accounts, proprietary platforms, Windows desktop downloads, web-based platforms, and the ability to place trades directly from charts. Each earned 4 out of 5 stars for Trading Platforms and Tools; however, ForexBrokers.com ranks FxPro #18 out of 63 in this category, ahead of Questrade at #28.
Key differences: FxPro supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and offers copy trading, while Questrade does not support MT4/MT5 and does not offer copy trading. If you want MetaTrader or copy trading, FxPro has the edge; if you’re happy with a broker-built platform available on both web and desktop with chart trading and a demo, either broker will cover the essentials.
| 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 deliver full-featured mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, watchlist syncing with your online account, and charting tools that include drawing trendlines with auto-saved annotations—so your work carries over between sessions and devices.
For chart analysis, FxPro offers 65 technical studies versus Questrade’s 64—a small edge. Independent reviews echo that gap: ForexBrokers.com rates FxPro’s mobile trading app 4.5 stars and ranks it 15th out of 63 brokers, while Questrade earns 4 stars and ranks 28th. In short, both apps are capable for on-the-go trading and charting, with FxPro holding a slight advantage in tools and third-party scores.
| 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.
Comparing FxPro vs Questrade for market research, FxPro stands out for day-to-day insights: it provides daily market commentary, top-tier forex news (from sources like Bloomberg/Reuters/Dow Jones), Trading Central tools, a sentiment indicator showing long/short positioning, and an economic calendar. Questrade skips daily commentary, premium forex news, sentiment data, and an economic calendar, but it does include Autochartist for pattern recognition, Trading Central, and TipRanks for stock research (features FxPro lacks). Neither broker offers tools from Acuity Trading.
If you value live news flow, daily analysis, and sentiment to guide timing, FxPro is the stronger pick. If you prefer chart pattern alerts and equity-focused insights, Questrade’s Autochartist and TipRanks are appealing. According to ForexBrokers.com, FxPro earns 4 stars and ranks #23 out of 63 brokers for Research, while Questrade earns 3.5 stars and ranks #34.
| 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.
FxPro vs Questrade: For beginners learning forex and CFDs, FxPro offers more help out of the gate thanks to at least 10 beginner-focused trading videos. Questrade doesn’t reach that video count. Neither broker runs monthly client webinars, and neither provides 10 or more advanced video lessons, so live sessions and deep-dive videos are limited at both.
Ratings back up the gap for new traders: FxPro earns 4 out of 5 stars for Education and ranks 17th out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5 stars and ranks 28th. If you want a larger beginner video library to start learning quickly, FxPro is the stronger pick; if you’re fine with fewer videos and self-guided reading, Questrade can still be a fit.
| 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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| 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 | 2 | |
| 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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