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 |
FxPro earns 4 out of 5 stars for commissions and fees and ranks 29th out of 63 brokers at ForexBrokers.com, while Questrade scores 3.5 out of 5 stars and ranks 33rd. FxPro’s pricing is generally higher than the industry average on MetaTrader, but its cTrader account can be sharper than Questrade’s spread-only model. On EUR/USD, FxPro’s cTrader all-in cost is roughly 1.27 pips (0.37-pip average spread plus a 0.9-pip commission equivalent), whereas Questrade’s real-world spreads on major pairs tend to land around 2.1–2.5 pips (despite marketing that quotes “as low as 0.8 pips”). In practice, that means FxPro’s cTrader pricing often undercuts Questrade on common forex trades, even though FxPro isn’t the cheapest in the market overall.
FxPro offers multiple pricing setups. On MT4 and MT5, variable spreads are about 1.58 pips on MT4 with market execution (1.51 pips on MT5) and about 1.71 pips with instant execution (per August 2020 data). cTrader uses commission-based pricing and is typically FxPro’s most cost-effective option for tight spreads. Execution differs by platform: instant execution can face requotes but avoids slippage, while market execution can slip but won’t requote. Also note order rules: on MetaTrader, stop and limit orders must be at least 1 pip from the entry price (no such minimum on cTrader). FxPro’s Elite/Active Trader program can knock up to 30% off, though leading rivals still come in cheaper for high-volume traders.
Questrade Global is a spread broker—your trading cost is built into the bid-ask spread with no separate forex commission. While spreads can be “as low as 0.8 pips” in ideal conditions, typical observed spreads on major pairs are closer to 2.1–2.5 pips, which equates to roughly $20 per standard-lot trade at around 2 pips. For CFDs, Questrade adds a $9.95 USD fee per unit when you open and close, totaling $19.95 per unit, plus overnight financing—costs that can add up quickly. Bottom line: Questrade’s pricing is simple but can be pricier than commission-plus-tight-spread alternatives, and it trails FxPro’s cTrader pricing on many mainstream forex pairs.
| 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.
Both the FxPro mobile app and the Questrade mobile app are available for iPhone and Android, and each supports price alerts and watchlist syncing with your online account. For charting on the go, both apps let you draw trendlines and auto-save your drawings. FxPro holds a slight edge in technical indicators, offering 65 studies compared with Questrade’s 64, which may matter if you rely on more detailed chart analysis.
Independent ratings suggest a performance gap: FxPro’s mobile app is rated 4.5 out of 5 stars and is ranked #15 out of 63 brokers by ForexBrokers.com, while Questrade’s app holds 3.5 stars and ranks #28. If you want a higher-rated trading experience with a few more built-in studies, FxPro is the stronger pick. If your priority is core features like alerts and synced watchlists, both apps will cover your needs on iPhone or Android.
| 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
|
Questrade
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 85 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FxPro | Questrade | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Questrade Review |
| Broker Screenshots | FxPro | Questrade | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Questrade Review |
IG
FOREX.com
CMC Markets
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill