Written by ForexBrokers.com
In this head to head comparison of Questrade vs IUX, 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.
Questrade, founded in 2000, stands out with a ForexBrokers.com Trust Score of 86, categorizing it as a trusted broker. Despite not being publicly traded or operating as a bank, Questrade holds two Tier-1 licenses, which are highly trusted. In comparison, IUX, established in 2016 with a Trust Score of 78, is deemed an average risk. Like Questrade, IUX is not publicly traded nor a bank, and it holds one Tier-1 and one Tier-2 license. These details can guide potential investors when evaluating the trustworthiness and regulatory backing of these platforms.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Year Founded | 2000 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Questrade’s commissions and fees skew higher for forex. Its quoted target spread on EUR/USD is 1.9 pips, which is steep compared with the industry average. That pricing helps explain its 3 out of 5 stars for commissions and fees and a #33 of 63 ranking from ForexBrokers.com. Questrade may suit traders who accept simpler, spread-only pricing, but cost-focused forex traders will likely find tighter options elsewhere.
IUX ties pricing to account type. Standard and Standard+ need just a $10 minimum; Standard+ supports deposit bonuses but typically shows wider spreads, while Standard offers lower spreads without promos. For active traders, the Pro and Raw accounts require $500: Pro is spread-only with lower spreads than Standard (IUX lists an average 0.7 pips on EUR/USD), and Raw advertises the tightest spreads but adds a $6 per-lot commission (about 0.6 pips effective cost on EUR/USD when you convert the commission to pips). IUX earns 4 out of 5 stars and ranks #19 of 63 for commissions and fees at ForexBrokers.com. Overall, IUX’s pricing is competitive—especially if you can meet the $500 minimum—while Questrade’s wider EUR/USD spread makes it less attractive on costs.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Minimum Deposit | $250 | 10 |
| Average spread (EUR/USD) - Standard account | N/A | 0.86 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Questrade vs IUX: both support forex trading (CFD or spot) and let you trade cryptocurrency via CFDs, but neither offers copy trading or the ability to buy actual crypto. Questrade provides a wider catalog with 641 tradeable symbols and 110 forex pairs, compared with IUX’s 152 symbols and 34 forex pairs. For exchange-traded securities, Questrade allows U.S. stocks like Apple as well as international shares such as Vodafone, while IUX offers international shares but not U.S.-listed stocks.
For range of investments, Questrade earns 5 stars and ranks #12 out of 63 brokers at ForexBrokers.com; IUX earns 3.5 stars and ranks #35. If you want the largest selection and access to both U.S. and international exchanges, Questrade is the stronger pick, while IUX may suit traders who want a smaller lineup focused on forex and crypto CFDs.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 641 | 152 |
| Forex Pairs (Total) | 110 | 34 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers |
Dive deeper: Best Copy Trading Platforms.
Questrade and IUX both cover the essentials: each offers free paper trading, a proprietary platform, a Windows desktop download, a web-based platform, and the ability to place trades directly from charts. Neither supports copy trading or MetaTrader 4. One standout difference is MetaTrader 5 support—Questrade does not offer MT5, while IUX does—so IUX is the better fit if you specifically want MT5 compatibility.
According to ForexBrokers.com, Questrade is rated 4 stars and ranks #28 out of 63 brokers for Trading Platforms and Tools, while IUX earns 3.5 stars and ranks #35. The exact counts for built-in technical indicators and watchlist columns weren’t specified for either broker in the provided data. In short: choose IUX if MT5 access matters to you; pick Questrade if you want a slightly higher-rated, all-in-one proprietary experience with web and desktop platforms plus paper trading.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 64 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Questrade and IUX both offer mobile trading apps for iPhone and Android. Questrade includes stock and forex price alerts and syncs watchlists between the app and your online account; IUX lacks both features. For charting tools, Questrade lets you draw trendlines and automatically saves your drawings; IUX also auto saves drawings but does not support trendline drawing.
When it comes to indicators, IUX provides 106 technical studies versus 64 on Questrade. Even so, Questrade holds the stronger overall app score, earning 4 stars and a #28 ranking out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while IUX is rated 3.5 stars and ranked #35. If alerts, synced watchlists, and drawing tools matter most, Questrade is the safer pick; if you want more built-in studies, IUX has the edge.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In a Questrade vs IUX market research comparison, Questrade holds a clear edge thanks to added third‑party tools. Questrade includes Autochartist and Trading Central for technical and fundamental insights, plus TipRanks for analyst-driven stock research. IUX does not offer Autochartist, Trading Central, or TipRanks. Both brokers provide an economic calendar, but neither offers daily market commentary or a sentiment tool showing long/short positioning. IUX does not provide top‑tier forex news (e.g., Bloomberg/Reuters), while this is not specified for Questrade.
These differences are reflected in the scores: Questrade earns 3.5 out of 5 stars for Research and ranks #34 out of 63 brokers on ForexBrokers.com, while IUX scores 3 stars and ranks #35. If you want built‑in analysis from well-known providers, Questrade is the stronger choice; if you only need a basic calendar and platform tools, IUX may be enough.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | No | |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | No | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Questrade vs IUX for beginner education: both brokers provide at least 10 beginner-focused trading videos, which is helpful if you prefer learning through short lessons. Neither runs monthly client webinars, and neither meets the bar of 10+ advanced trading videos for experienced traders. The available info does not confirm whether either broker offers a full set of at least 10 forex- or CFDs-specific education pieces.
On overall education quality, Questrade earns 3.5 out of 5 stars and ranks #28 out of 63 brokers on ForexBrokers.com, while IUX scores 3 stars and ranks #35. If you want stronger beginner video coverage with a higher education rating and ranking, Questrade has a slight edge. If live webinars or a deep library for advanced traders are must-haves, neither platform checks those boxes.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| 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 Questrade is better than IUX. Questrade finished with an overall rank of #29, while IUX finished with an overall rank of #35.
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
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IUX
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|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 78 |
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Questrade vs IUX: neither platform lets you buy actual delivered cryptocurrency, but both support trading cryptocurrency CFDs.
Questrade vs IUX deposit and withdrawal comparison: both do not support ACH or SEPA transfers or PayPal, IUX supports Skrill while Questrade does not, both support bank wire transfers, and Visa/Mastercard availability is 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 | Questrade | IUX | |
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| Trust Score | 86 | 78 | |
| Winner | check_circle | ||
| Review | Questrade Review | IUX Review |
| Broker Screenshots | Questrade | IUX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | Questrade | IUX | |
|---|---|---|---|
| Trust Score | 86 | 78 | |
| Year Founded | 2000 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Questrade | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Questrade | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Questrade | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 641 | 152 | |
| Forex Pairs (Total) | 110 | 34 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers |
| Cost | Questrade | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 0.86 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | No | Yes |
| Funding | Questrade | IUX | |
|---|---|---|---|
| Minimum Deposit | $250 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Questrade | IUX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Questrade | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Questrade | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Questrade | IUX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | No | ||
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Questrade | IUX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Questrade | IUX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Questrade Review | IUX Review |
| Overall | Questrade | IUX | |
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| Trust Score | 86 | 78 | |
| Winner | check_circle | ||
| Review | Questrade Review | IUX Review |
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