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, founded in 2006, and Questrade, established in 2000, are two prominent online brokers, each with unique regulatory features. FxPro, unlike Questrade, operates as a bank and is not publicly traded. When it comes to regulatory safety, both hold two Tier-1 licenses, which are highly trusted according to ForexBrokers.com. Additionally, FxPro has one Tier-2 license, enhancing its regulatory standing, whereas Questrade has none.
In terms of trustworthiness, FxPro earns a commendable Trust Score of 93 out of 99 from ForexBrokers.com, placing it in the highly trusted category. In comparison, Questrade receives a Trust Score of 86, labeling it as trusted but slightly lower than FxPro. Both brokers are well-regarded in the industry, but FxPro's additional Tier-2 license and higher Trust Score give it an edge in terms of perceived security and reliability.
| 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 |
FxPro and Questrade both price above the industry average for commissions and fees, but FxPro can work out cheaper on key forex pairs if you choose the right platform. On EUR/USD, FxPro’s cTrader commission model comes to about 1.27 pips (0.37‑pip spread plus a 0.9‑pip commission-equivalent), which beats Questrade’s 1.9‑pip target spread. Even on MetaTrader, FxPro’s typical variable EUR/USD spreads of roughly 1.51–1.71 pips can still undercut Questrade’s target.
FxPro’s costs depend on platform and execution. On MT4 you can pick variable or fixed spreads and choose instant execution (no slippage, possible requotes) or market execution (no requotes, possible slippage). MT5 offers only market execution and no fixed spreads. cTrader uses commission-based pricing and has no minimum distance for stop/limit orders, while MetaTrader requires at least 1 pip from the entry price—even on the Elite account. Active traders can get up to 30% discounts via the Elite program, though overall pricing still trails leaders. FxPro’s commissions and fees rating: 4 out of 5 stars; ForexBrokers.com category ranking: 29th of 63.
Questrade’s FX pricing is simpler but higher: a 1.9‑pip target spread on EUR/USD, which is steep next to the industry average and higher than FxPro’s best-available pricing on the same pair. Questrade’s commissions and fees rating: 3 out of 5 stars; ForexBrokers.com category ranking: 33rd of 63.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Minimum Deposit | $100 | $250 |
| Average spread (EUR/USD) - Standard account | 1.6 | N/A |
| 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 support forex trading as CFDs or spot contracts, and both let you trade crypto via CFDs (neither lets you buy actual crypto). FxPro lists more total instruments overall (2,249 vs. Questrade’s 641), and it also offers copy trading, which Questrade does not. That said, Questrade has the edge in currency markets with 110 tradeable forex pairs compared to FxPro’s 70.
For stocks, Questrade enables direct trading of U.S. and international exchange‑listed shares, while FxPro offers international exchange‑traded securities but not U.S.-listed shares. In the Range of Investments category from ForexBrokers.com, Questrade earns 5 stars and ranks 12th out of 63 brokers, ahead of FxPro’s 4-star rating and 24th-place ranking.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 641 |
| Forex Pairs (Total) | 70 | 110 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | No |
| 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.
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.
For market research, FxPro comes out ahead for forex-focused traders. It provides daily market commentary and streams forex news from top-tier sources, plus Trading Central insights, a sentiment tool showing long/short ratios, and an economic calendar. Questrade also includes strong research coverage—Trading Central, Autochartist pattern-recognition, TipRanks equity research, and an economic calendar—but it lacks daily commentary and a sentiment tool. Its access to top-tier forex news feeds is not specified. Reflecting these differences, ForexBrokers.com rates FxPro 4 stars for Research (ranked 23rd of 63 brokers) versus Questrade at 3.5 stars (34th).
Choose FxPro if you want ongoing market analysis, news-driven context, and sentiment to guide forex trading decisions. Pick Questrade if you value Autochartist and TipRanks for screening and trade ideas, while accepting fewer in-house updates and no sentiment data. Neither provider offers tools from Acuity Trading.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FxPro vs Questrade for beginners: both brokers give new traders a solid start with at least 10 beginner-focused video lessons that explain trading basics in a clear, approachable way. These video libraries make it easier to learn at your own pace, especially if you’re just getting comfortable with charts, orders, and platform features.
Neither broker hosts monthly client webinars, and both fall short on advanced video depth (fewer than 10 videos aimed at experienced traders). In independent ratings, FxPro has the edge for education with 4 stars and a #17 ranking out of 63 brokers, while Questrade earns 3.5 stars and ranks #28. If you’re seeking stronger beginner-focused education, FxPro is slightly ahead; Questrade still offers a decent start for newcomers who prefer learning through on-demand videos.
| Feature |
FxPro
|
Questrade
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Questrade
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| Overall Rating |
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| Trust Score | 93 | 86 |
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Comparing online brokers FxPro and Questrade: both support trading cryptocurrency via CFDs, but neither offers the ability to buy actual, delivered cryptocurrencies.
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 | 86 | |
| Winner | check_circle | ||
| Review | FxPro Review | Questrade Review |
| Broker Screenshots | FxPro | Questrade | |
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| Regulation | FxPro | Questrade | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| 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 SCA 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 | 641 | |
| Forex Pairs (Total) | 70 | 110 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | No | |
| 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 | FxPro | Questrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.6 | N/A | |
| 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 | $250 | |
| 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 | ||
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Questrade | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| 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 | 86 | |
| Winner | check_circle | ||
| Review | FxPro Review | Questrade Review |
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