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 vs IUX: According to ForexBrokers.com, Questrade holds a Trust Score of 85/99 (trusted), while IUX scores 76/99 (average risk). Both brokers hold one Tier-1 license, which is considered highly trusted. IUX also holds one Tier-2 license (trusted), whereas Questrade holds none.
Questrade was founded in 2000 and IUX in 2016. Neither broker is publicly traded, and neither is a bank. If you value stricter oversight, note the Tier-1 coverage for both, with IUX adding a Tier-2 license to its regulatory lineup.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Year Founded | 2000 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Questrade Global builds trading costs into the spread, so there’s no separate commission. In practice, major forex pairs often run closer to 2.1–2.5 pips, which puts an average one‑lot trade near $20 all‑in. IUX lets you choose how you pay: spread‑only accounts (Standard and Pro) or a commission plan (Raw). Standard and Standard+ need just a $10 minimum deposit, while the Pro and Raw accounts require $500.
For forex, IUX’s quoted averages are competitive: about 0.9 pips on Standard, 0.7 pips on Pro, and roughly 0.6 pips all‑in on the Raw account once you convert its $6 per lot commission into pips. That can make IUX meaningfully cheaper per trade than Questrade for active traders. By contrast, Questrade’s spreads can be as low as 0.8 pips in ideal conditions, but typical day‑to‑day pricing tends to be higher, which raises your cost per lot.
CFDs are where Questrade can get pricey: there’s a small spread plus a $9.95 USD trading fee per CFD unit when you open and again when you close—about $19.95 USD round‑turn for a single Tesla CFD unit—before any overnight financing (for example, about $2.23 for one month in the scenario reviewed). Overall, Questrade earns 3.5/5 stars and ranks #33 of 63 for Commissions and Fees, while IUX scores 4.5/5 stars and ranks #19 of 63, reflecting stronger value across its account types.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Standard account | 0.8 or higher | 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: For range of investments, Questrade lists 675 tradeable symbols and 110 forex pairs, while IUX offers 152 symbols and 34 forex pairs. Both support forex trading via CFDs or spot contracts. According to ForexBrokers.com, Questrade is rated 5 stars and ranks #12 out of 63 brokers for Range of Investments, while IUX holds 3.5 stars and ranks #35.
Asset access differs in key ways. Neither broker lets you buy actual U.S.-listed shares or real cryptocurrency, and neither supports copy trading. IUX does offer crypto CFDs and lets clients buy exchange-traded shares on select international markets (for example, London-listed stocks like Vodafone). Questrade does not offer international exchange-traded shares. In short, pick Questrade for a wider overall lineup and more forex pairs, or choose IUX if you want international share dealing and the option to trade crypto via CFDs.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 675 | 152 |
| Forex Pairs (Total) | 110 | 34 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | No | 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, each earning 3.5 out of 5 stars. According to ForexBrokers.com, Questrade ranks #28 out of 63 brokers for Mobile Trading Apps, while IUX ranks #35, signaling a slight edge for Questrade in overall app experience.
Feature-wise, Questrade includes price alerts, synced watchlists that match your online account, and the ability to draw trendlines—capabilities IUX does not provide. Both apps auto-save chart drawings. For charting depth, IUX offers 106 technical studies compared with Questrade’s 64. Choose Questrade if you want alerts, synced watchlists, and drawing tools; consider IUX if a larger set of technical indicators is your priority.
| 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.
Questrade vs. IUX: When it comes to market research, both brokers skip daily market commentary and do not stream forex headlines from top-tier outlets like Bloomberg, Reuters, or Dow Jones. Questrade pulls ahead with built-in analysis tools from Autochartist and Trading Central, and it adds stock research from TipRanks. IUX does not include these providers. Neither broker offers a sentiment tool or research from Acuity Trading. One key difference: IUX includes an economic calendar, while Questrade does not.
For traders who want integrated analysis and stock research, Questrade has the edge; if you mainly want an in-platform calendar for upcoming events, IUX delivers that. According to ForexBrokers.com, Questrade earns 3.5 out of 5 stars for Research and ranks #34 of 63 brokers, while IUX scores 3 out of 5 stars and ranks #35.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | No | No |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | No | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing Questrade vs IUX education: IUX offers at least 10 beginner trading videos, making it easier to start with simple how-to content. Questrade does not meet that beginner-video threshold. Neither broker runs monthly educational client webinars, and neither provides 10 or more advanced videos. Based on the details provided, it isn’t confirmed whether either broker offers a library of 10+ pieces focused specifically on forex or CFDs.
Overall ratings from ForexBrokers.com tilt toward Questrade for education (3.5 stars, ranked 28th of 63) over IUX (3 stars, ranked 35th of 63). Choose IUX if you want a larger set of beginner videos right away; pick Questrade if a higher overall education score matters more as you learn trading basics.
| Feature |
Questrade
|
IUX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | No | 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.
Earning an 85 Trust Score, Questrade Global is a secure, CIRO-regulated platform ideal for Canadians wanting forex and stocks in one place. However, with live EUR/USD spreads going as high as 2.1 to 2.5 pips, cost-conscious day traders might find better value with cheaper alternatives.
| Feature |
Questrade
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IUX
|
|---|---|---|
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| Trust Score | 85 | 76 |
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In the Questrade vs IUX comparison, both online brokers do not allow buying actual delivered cryptocurrency, but only IUX offers cryptocurrency CFDs while Questrade offers neither actual crypto nor crypto 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 | 85 | 76 | |
| Winner | check_circle | ||
| Review | Questrade Review | IUX Review |
| Broker Screenshots | Questrade | IUX | |
|---|---|---|---|
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| Regulation | Questrade | IUX | |
|---|---|---|---|
| Trust Score | 85 | 76 | |
| 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 | 1 | 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 CMA 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) | 675 | 152 | |
| Forex Pairs (Total) | 110 | 34 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | No | Yes | |
| Disclaimers |
| Cost | Questrade | IUX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.8 or higher | 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 | $0 | $50 | |
| 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 | No | |
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | No | No | |
| Economic Calendar | No | Yes |
| Education | Questrade | IUX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | No | 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 | 85 | 76 | |
| Winner | check_circle | ||
| Review | Questrade Review | IUX Review |
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